Europe Manufacturing

BMW joint venture to triple carbon fiber plant capacity

May 9, 2014 20:41 CET

BMW Group's joint venture with SGL Group will spend $200 million to triple the capacity of its carbon fiber products plant in Washington state. The partners said the factory will become the world's largest producer of carbon fiber.... Read More »


Hyundai plans 22 new models in Europe by 2017

Sept. 9, 2013 21:43 CET

Hyundai plans to roll out 22 new models in Europe over the next four years as it tries to rekindle its once double-digit growth rate.... Read More »

Magna sees profits growing in Europe on shift east

June 23, 2013 06:01 CET

Magna International, the world's fourth-largest auto supplier, says it can squeeze more profit from Europe as it moves factories east to feed booming U.S. demand for German cars.... Read More »

Jaguar Land Rover to lift investment at UK engine plant

March 5, 2013 06:01 CET

Jaguar Land Rover plans to increase investment at its UK engine plant and double employment at the site to around 1,400, CEO Ralf Speth said.... Read More »

BorgWarner picks Verrier to succeed Manganello as CEO

Nov. 15, 2012 15:13 CET

BorgWarner named James Verrier as CEO, succeeding Tim Manganello after 10 years at the helm of the powertrain technology supplier. The move is effective Jan. 1. BorgWarner signaled its succession plan in March when it named Verrier, 49, to the newly created position of president and COO.... Read More »

Source: Cruze may be built in Europe

12:01 am U.S. ET | Nov. 12, 2012

General Motors said it won't build the next-generation Chevrolet Cruze in Korea, raising the possibility that it might shift production to Europe to help boost efficiency at its money-losing Opel unit.... Read More »

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