All Factory Investment articles – Page 9
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ArticleUK auto industry in fighting form before EU vote
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 ...
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ArticleBMW breaks ground at San Luis Potosí
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 ...
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ArticleJLR opens factory at Itatiaia
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 ...
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ArticleVoith prepares to open wheel/tyre plant
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 ...
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Rings around the world
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 ...
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ArticleHonda opens Prachinburi plant
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 ...
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ArticleRings around the world
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 ...
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Toyota opens Porto Feliz engine plant
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 ...
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ArticleGKN starts production at Villagran
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 ...
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Grupo Antolin opens a new factory in China
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 ...
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ArticleCould Brexit mean business as usual?
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, ...
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EU referendum
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, ...
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ArticleNexteer announces European expansion
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 ...
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Interior angles
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 ...
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ArticleInteriors: An inside look
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 ...
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ArticleMercedes-Benz opens Iracemápolis plant
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 ...
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ArticleThyssenKrupp’s new Eastern European plant
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 ...
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ArticleGM Europe – better days ahead?
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 ...
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ArticlePremium but not perfect
As McLaren and Aston Martin both build up their production, AMS takes a magnifying glass inside their spotless factories at Woking and Gaydon respectively to see the latest in high-end carmaking in BritainMcLaren Automotive and Aston Martin are both gearing up to double their production as the two luxury companies ...
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ArticleJLR and Hyundai-Kia ride out European instability
The EU may be facing political and economic uncertainty as it wrestles with the current immigration crisis and stock market turmoil, as well as economic doubts in China threatening the stability of a key export market for Europe. However, for some vehicle manufacturers, 2015 saw new production records – and ...