All News articles – Page 9
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Vietnam’s VinFast announces Indian market penetration with $500m EV plant
Vinfast, Vietnam’s EV leader, invests $2 billion in Tamil Nadu, India, aiming to make it a premier EV hub. Plans include European expansion and presence in 50 global markets by 2024.
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Is cost-cutting the newest trend among OEMs in Europe 2024? Watch this space…
As Renault and VW move towards major and comprehensive cost-cutting projects, with the squeeze of uncertainties and inefficiencies, is this liable to spread?
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The state and stipulation of automotive production: Retrospect 2023 to prospect 2024
In 2023, the automotive industry underwent a transformative journey, adapting to trends such as sustainable materials, electric vehicle dominance and digitalisation. But what clues does 2023 provide about the vehicle manufacturing landscape in 2024?
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BYD to establish passenger car production in Europe
BYD has chosen Szeged, Hungary as the location for its first passenger car production facility in Europe
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Additive manufacturing and simulation technologies: an agile and resilient powerhouse in engine development
Punch Torino elevates automotive engine production through collaboration with Markforged, a leader in additive manufacturing. This partnership fuels the creation of 3D-printed tools, including camshaft locking tools and simulation technology. By tackling crucial challenges and streamlining design iterations, the partnership achieves enhanced efficiency, cuts costs and contributes to the promotion of sustainable mobility within the automotive industry. Here’s how…
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Renault announces Re-Industry roadmap to transform production base
Renault Group’s Re-Industry initiative aims to transform its manufacturing base for cost efficiency and sustainability by leveraging the Industrial Metaverse, AI applications, and agile practices.
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JLR accelerates digital transformation with Tata connecting 128 global sites
JLR partners with Tata Communications to revolutionize its digital network, paving the way for enhanced production, real-time data analysis, and seamless connectivity across its global operations. A key milestone in JLR’s Reimagine strategy.
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How Europe’s Big 3 are evolving their manufacturing ecosystems
An in-depth look at the shifts in manufacturing dynamics and strategies as the industry adapts to the era of electric mobility
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Skoda Superb’s fourth generation hits production milestone at Volkswagen’s Bratislava plant
Skoda’s fourth-gen Superb production is in full swing at the revamped Bratislava plant, a key move in the Beta+ project with Volkswagen Passat. This strategic shift optimizes production capacities, making room for more Octavia units. The upgraded plant now boasts hybrid lines, EV battery facilities, and an eco-friendly paintshop. The diverse powertrains of the Superb, a symbol of Skoda’s legacy since 1934, underscore its commitment to efficiency and synergies within the Volkswagen Group
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Nissan announces third gigafactory in UK for EV models
The carmaker will make three EV models - the Qashqai and JUKE crossovers and its next-generation LEAF - at its EV36Zero hub in Sunderland.
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Porsche partners with H2GS for green steel in sustainable production ramp 2026
Porsche adopts CO2-reduced steel from 2026 via deal with H2 Green Steel, ensuring low-emission supply just a year after H2GS kicks off in Boden, Sweden.
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Ford scales down planned Michigan EV plant, GM scraps EV target
Ford has downsized its planned EV plant in Marshall and GM has scrapped EV production targets as consumer EV demand dwindles.
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UK Government injects £2bn into automotive industry to drive sustainable growth: Nissan leads
The UK government’s £4.5bn initiative prioritises the automotive sector with over £2bn, signaling a green push. Nissan swiftly invests £2bn in three EV models.
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GM secures ex-Tesla gigacasting specialist TEI: portents of a production pivot?
GM’s recent acquisition of TEI, a company with a notable history of collaboration with Tesla in pioneering gigacasting technology, has set the automotive industry abuzz. With an estimated value approaching $100m the strategic move may indicated GM’s positioning to bolster its manufacturing capabilities in gigacasting.
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Porsche pushes mixed production at Zuffenhausen with €250m investment
Porsche’s Zuffenhausen plant enters a new era, blending traditional lines with innovation as it prepares to roll out the next generation of sports cars.
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UAW workers ratify deals with GM, Ford and Stellantis
Members of the United Auto Workers union (UAW) have ratified the tentative deals with GM, Ford and Stellantis following weeks of strikes against the Detroit ‘Big Three’.
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Impact of UAW strikes could leave suppliers at financial risk
Despite tentative deals, the impact of the UAW strikes on Ford, GM and Stellantis could have already put suppliers at financial risk.
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Stellantis’ FBD brainstorms to solve automotive production challenges
The eighth instalment of Factory Booster Day produced ninety-nine solutions demonstrated by sixty-four partners to tackle thirty-five Stellantis plant challenges setting an example to other OEMs
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Hyundai to build dedicated electric vehicle plant at Ulsan complex
Hyundai’s new plant will support its growth in electric vehicle production and will use an innovative manufacturing platform.
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Polestar to expand production operations for the fully-electric Polestar 4 in South Korea
With production set to commence in the second half of 2025, the Polestar 4 will aim to make its mark in the North American and domestic South Korean markets.