All Factory Investment articles – Page 11

  • Article

    Influential India

    2016-06-23T18:16:47Z

    India’s automotive component sector is relishing its new place on the international stageChanges in the Indian component sector have prompted growth in the role of its companies worldwide in recent years. Likewise, European, Japanese and American suppliers have moved into India. Until around a decade ago, the Indian automotive components ...

  • chandigarh_0085
    Article

    Influential India

    2016-06-23T12:38:51Z

    India’s automotive component sector is relishing its new place on the international stageChanges in the Indian component sector have prompted growth in the role of its companies worldwide in recent years. Likewise, European, Japanese and American suppliers have moved into India. Until around a decade ago, the Indian automotive components ...

  • JLR Itatiaia
    Article

    UK auto industry in fighting form before EU vote

    2016-06-17T15:25:51Z

    With the referendum on EU membership fast approaching, the UK’s automotive industry gathered at the National Exhibition Centre in Birmingham for the first AutoMechanika show outside Germany. At the accompanying open forum for its members, the Society of Motor Manufacturers and Traders was in buoyant mood, announcing that its supply ...

  • BMW San Luis Potosi
    Article

    BMW breaks ground at San Luis Potosí

    2016-06-16T14:41:46Z

    Mexico – Once construction is complete, the plant in the north-central state will make BMW 3 Series sedans, with capacity for 150,000 units per year. Production is expected to begin in 2019.The new factory will have a bodyshop, paintshop and assembly hall, and represents an investment of $1 billion. Its ...

  • JLR Itatiaia
    Article

    JLR opens factory at Itatiaia

    2016-06-14T10:50:19Z

    Brazil – The plant in Rio de Janeiro State is Jaguar Land Rover’s (JLR) first wholly owned plant outside the UK and the first production centre opened by a UK automotive group in Latin America. The company invested 750m reais ($215.7m) in the factory and associated Education Business Partnership Centre.“Land ...

  • Voith Coventry
    Article

    Voith prepares to open wheel/tyre plant

    2016-06-07T09:55:33Z

    UK – The facility in Coventry will be inaugurated in September, replacing a 30-year-old operation nearby. The new factory is intended to supply premium brands such as Jaguar Land Rover (JLR) as well as high-volume manufacturers such Vauxhall.“Our new plant covering 150,000sq.ft is over 50% bigger, and the investment in ...

  • Article

    Rings around the world

    2016-05-13T17:50:57Z

    Like its premium brand competitors Audi is now establishing a global manufacturing networkThe geographic expansion of Volkswagen’s vehicle production beyond Germany, into Mexico, China, Spain, India, Brazil and South Africa, is now well-established. Meanwhile, parallel expansion at Audi is, with the exception of China, a much more recent phenomenon.Despite the ...

  • Honda Prachinburi
    Article

    Honda opens Prachinburi plant

    2016-05-12T11:20:40Z

    Thailand – The new factory at Rojana Industrial Park, Prachinburi province, represents an investment of 17.15 billion bahts ($48.3m) and features the latest Honda production technology, including the Assembly Revolution Cell (ARC) concept. The plant will strengthen the role of Honda Automobile Thailand within the company’s worldwide network.“Thailand has increased ...

  • Audi Neckarsulm
    Article

    Rings around the world

    2016-05-11T14:37:57Z

    Like its premium-brand competitors, Audi is now in the process of building a global manufacturing networkThe geographic expansion of Volkswagen’s vehicle production beyond Germany, into Mexico, China, Spain, India, Brazil and South Africa, is now well-established. Meanwhile, parallel expansion at Audi is, with the exception of China, a much more ...

  • Article

    Toyota opens Porto Feliz engine plant

    2016-05-11T11:38:12Z

    Brazil – The new factory in São Paulo State represents an investment of 18 billion yen ($170m) and is the OEM’s first engine manufacturing facility in Latin America. Built on 872,500 sq.m of land, it has a capacity of 108,000 engines per year and a workforce of 320 individuals.Porto Feliz ...

  • GKN Villagran
    Article

    GKN starts production at Villagran

    2016-05-10T15:47:22Z

    Mexico – Built at a cost of $17.5m, the 12,000 sq.m facility in the central state of Guanajuato will support both local and global demand for all-wheel drive vehicles. The plant is now making a new type of propshaft, the GKN VLi, which its maker claims is fast to assemble ...

  • Article

    Grupo Antolin opens a new factory in China

    2016-04-19T15:38:44Z

    China ­– The new plant, part of a joint venture with Dongfeng Visteon, will manufacture headliners and door panels for Renault, PSA, Nissan, Infiniti and Honda. The JV has invested more than €11m in the project that will expand employment to around 125 people by the end of the year.Currently ...

  • Mini
    Article

    Could Brexit mean business as usual?

    2016-04-19T12:49:22Z

    As the UK's competing EU referendum campaigns gather speed, it is fascinating to ponder the impact a vote to leave would have on the automotive industry. About a year ago, I would have said that the so-called 'Brexit' would be unremittingly bad news for the UK's automotive manufacturing sector. Now, ...

  • Article

    EU referendum

    2016-04-19T11:43:51Z

    As the UK‘s EU referendum campaigns gather speed, I am frequently asked for my views on the impact of a vote to leave on the industry. A year or so ago, I would have said that leaving the EU would be unremittingly bad news for the UK auto industry. Now, ...

  • Nexteer
    Article

    Nexteer announces European expansion

    2016-04-13T16:36:27Z

    Poland – The motion control specialist will spend over $16m on building a third plant and on opening a technical centre in Tychy later this year. The company will add 100 engineers to its workforce and has already started the recruitment process.The new factory will boost Nexteer’s capacity to produce ...

  • Article

    Interior angles

    2016-04-01T17:05:25Z

    Despite much merger, acquisition and joint ventures, the automotive interiors market remains fragmented Seats and dashboards/cockpits are the two largest segments of the interiors market, both in terms of component size and value. Historically these components have been supplied by a mixture of in-house and independent suppliers, while in recent ...

  • Versalis
    Article

    Interiors: An inside look

    2016-04-01T14:56:50Z

    Despite many mergers, acquisitions and joint ventures, the automotive interiors market remains fragmented Seats and dashboards/cockpits are the two largest segments of the interiors market, both in terms of component size and value. Historically, these components have been supplied by a mixture of in-house and independent suppliers, while in recent ...

  • Mercedes-Benz Iracemápolis
    Article

    Mercedes-Benz opens Iracemápolis plant

    2016-03-23T15:06:04Z

    Brazil – Established at a cost of €600m ($683.2m), the new factory has a launch capacity of 20,000 units per year. The first car to roll off the line, 19 months after construction work began, was a C-Class saloon; from summer 2016, the plant will also make the GLA compact ...

  • Cylinder-head cover, ThyssenKrupp
    Article

    ThyssenKrupp’s new Eastern European plant

    2016-02-23T11:37:27Z

    Hungary – Starting this spring, the €100m ($110m) factory will be constructed in Jászfényszaru, with a production launch planned for 2018. It will make electronic power-assisted steering systems and cylinder-head covers with integrated camshafts.Karsten Kroos, CEO of ThyssenKrupp’s Components Technology division, said the investment “follows our strategy towards standardisation and ...

  • Astra production at the Gliwice plant, Poland
    Article

    GM Europe – better days ahead?

    2016-02-18T16:02:22Z

    After enduring some difficult years, the vehicle-maker looks forward to stability and profitability in EuropeGM’s European operations have been loss-making for some time, but the signs are that it could be nearing its immediate target of breaking even, and possibly head into profit this year. The carmaker’s European operations remained ...