Continental invests 250 million euros to expand China tire plant

Nov. 25, 2015 11:28 CET

Continental has started expanding its tire plant in China with an investment of 1.7 billion yuan (250 million euros) in a bid to boost annual output by 40 percent at the factory by 2017....
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Tesla in talks with Germany over possible battery factory

Nov. 17, 2015 16:17 CET

Tesla is in discussions with the German government about building a battery factory in the country. Tesla has said that Germany is a key market for its household battery-storage systems....
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Subaru chief seeks to limit sales growth

12:01 am U.S. ET | Nov. 2, 2015

Subaru sales keep growing. But global head Yasuyuki Yoshinaga says there is such a thing as too big. He wants to keep sales in the 1 million unit-plus range to preserve the brand's niche appeal....
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Tesla ends $100 flat fee service promise

12:01 am U.S. ET | Nov. 2, 2015

Tesla once pledged door-to-door “Ranger” service for covered repairs for $100. The company is now charging some customers much more than that, triggering owner complaints....
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VW sticks to $24 billion China spending plan amid cost cuts

Oct. 30, 2015 12:02 CET

Volkswagen will protect its $24 billion expansion plan in China from cost cuts, emphasizing the importance of its No. 1 market in helping to stem the fallout of the diesel-emissions scandal....
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Breaking through? Ford wants profit surge

12:01 am U.S. ET | Oct. 26, 2015

After the overhaul of some of its most important vehicles cut into Ford's earnings for the past year and a half, this week's third-quarter financial report represents CEO Mark Fields' first chance to deliver the "breakthrough" results he's been promising....
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Mercedes names new chief of China r&d center

Oct. 2, 2015 12:10 CET

Mercedes named Hans Georg Engel to run its r&d center in Beijing where he will oversee the expansion of the unit, which is planned to almost double in size by the end of the year from when it opened in 2014....
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Borgward seeks investors for revival after 54 years

Sept. 17, 2015 15:56 CET

Borgward is seeking investors as it aims to boost its lineup to five models and reach global annual sales of 500,000 in the medium term. The automaker unveiled its first vehicle for 54 years, the BX7 SUV, at the Frankfurt auto show....
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Jaguar Land Rover plans new plant in Slovakia

Aug. 11, 2015 10:39 CET

Jaguar Land Rover has signed a letter of intent to build a new car plant in Nitra, western Slovakia. JLR will carry out a feasibility study for the factory, which is expected to open in 2018 and reach an annual output of up to 300,000 vehicles by 2025....
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German suppliers chase opportunities in China

11:00 am U.S. ET | Aug. 5, 2015

Companies in China with Western participation such as SAIC Motor Corp. and China FAW Group Corp. are still the engines of growth there. But domestic Chinese companies such as Chery Automobile Co. and Geely have been carried along in their wake and are strongly advancing on them. That could give German suppliers a new foothold in China....
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Aston Martin looks at more than 10 sites for new factory

July 28, 2015 06:01 CET

Aston Martin is reviewing more than 10 sites in Europe, the U.S. and other global locations for a new factory to build its first crossover....
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Faurecia explores sale of bumpers unit, report says

July 21, 2015 10:26 CET

Faurecia is exploring a sale of its bumpers business, sources said, as the supplier seeks to free up resources to fund expansion in China. The unit may fetch as much as $450 million, the sources said...
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Trouble selling grandma's cars sowed seed for $1 billion startup

6:35 am U.S. ET | July 7, 2015

Auto1 values and buys used cars from individual sellers based on its own inventory and that of dealerships and manufacturers that use its platform. It then sells them on for a higher price to dealerships....
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Skoda may outsource non-core services

July 3, 2015 06:15 CET

Skoda says it is examining whether to outsource certain parts of its non-manufacturing business such as peripheral services, and has initiated negotiations with local unions over such a move....
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ZF to invest $71M in Mich. tech center

3:54 pm U.S. ET | June 24, 2015

German auto supplier ZF Friedrichshafen AG plans to spend more than $71 million and add 571 jobs by expanding its technical center in suburban Detroit....
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VW plans subcompact sedan for India to help build market share

June 23, 2015 15:20 CET

Volkswagen is betting that the launch of a subcompact sedan in India will help it build on its small market share in the market. The new car comes with equipment usually reserved for high-end models, such as dual airbags and automatic gear shift....
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BLOG: How suppliers can seize new opportunities in Mexico

10:10 am U.S. ET | May 27, 2015

Major automakers from around the globe are establishing or expanding operations in Mexico, and that means new challenges -- and opportunities -- for automotive suppliers....
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VW will invest 4.2 billion euros in Spanish factories

May 15, 2015 11:02 CET

VW Group will invest 4.2 billion euros ($4.8 billion) to upgrade its vehicle assembly plants in Martorell and Pamplona, Spain, in preparation for the assignment of new models....
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GM to invest $1 billion to expand, renovate Mich. tech center

8:30 am U.S. ET | May 14, 2015

General Motors, in a long expected boost for its r&d activities, will invest $1 billion to expand and renovate operations at its technical center in suburban Detroit. The plans for the 310-acre campus include new design studios and a multi-story IT building....
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GM to unveil plans for Tech Center's future

11:37 am U.S. ET | May 13, 2015

General Motors said it will unveil plans for the future of its Technical Center in suburban Detroit on Thursday....
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Germany's Brose expects China sales to rise 50% by 2020

May 1, 2015 06:01 CET

German supplier Brose Group expects its annual sales in China will grow by 50 percent by 2020, as the company undergoes a period of expansion in the country....
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Aluminum castings supplier Sakthi plans $31.9 million expansion in Detroit

1:09 pm U.S. ET | April 30, 2015

Aluminum castings supplier Sakthi Automotive Group USA is planning a $31.9 million expansion of its plant in Detroit....
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GM to spend $5.4 billion on U.S. plant upgrades over 3 years

10:30 am U.S. ET | April 30, 2015

GM will invest $5.4 billion in upgrades to its U.S. manufacturing plants over the next three years, creating 650 new jobs. GM detailed only $783 million of the spending, including $520 million for new tooling and equipment at its Delta Township assembly plant in Lansing, Mich....
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Supplier ThyssenKrupp plans to invest $869 million in N.A. by 2020

11:39 am U.S. ET | April 24, 2015

German industrial group ThyssenKrupp plans to invest more than 800 million euros ($869 million) in North America by 2020 to take advantage of increased auto production....
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TRW plans to open 3 more plants in China

10:08 am U.S. ET | April 21, 2015

TRW Automotive, the safety components supplier being acquired by Germany’s ZF Friedrichshafen, said it plans to open three plants in China this year and next....
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