In boost to GM and VW, China resumes incentives for foreign auto investment 12:01 am U.S. ET | May 17, 2013  A surprise policy shift in China is expected to give a boost to GM, Volkswagen Group and other foreign automakers planning to expand in the world's largest car market.... Read More »
VW, GM, others get unexpected boost in ChinaMay 17, 2013 06:01 CET  A surprise policy shift in China is expected to give a boost to VW Group, GM and other foreign automakers planning to expand in the world's largest car market.... Read More »
VW confirms report it will build factory in Changsa, ChinaMay 11, 2013 18:46 CET  VW Group has confirmed a German newspaper report that said it will build a factory with an annual capacity of 300,000 vehicles in Changsa, Hunan province, China.... Read More »
Growing Audi demand prompts TRW to boost output at new Romania plantMay 7, 2013 11:09 CET  TRW will boost production at a new eastern European factory on growing demand from Audi and other automakers. The U.S. supplier plans a fivefold output boost at a steering wheel leather wrapping plant in Baia Mare, Romania, that opened in January.... Read More »
Daimler plans 300 million euro expansion in RomaniaApril 24, 2013 15:08 CET  Daimler will invest more than 300 million euros to build a factory in Romania to assemble transmissions for its Mercedes-Benz brand after reaching full capacity at its main powertrain plant near Stuttgart.... Read More »
GM to invest $200 million at its powertrain headquarters 2:41 pm U.S. ET | Jan. 30, 2013  GM is investing $200 million in its global powertrain center in suburban Detroit, part of a plan to consolidate work done elsewhere and accelerate development of new engine technologies.... Read More »
GM to invest $600 million to expand plant that makes Malibu, LaCrosse 1:00 pm U.S. ET | Jan. 28, 2013  General Motors said it will invest $600 million in a new paint shop and stamping press at the assembly plant where it makes the Chevrolet Malibu and Buick LaCrosse. In a statement today, GM said the planned work at the Fairfax Assembly plant in Kansas City, Kansas, will be the largest investment in a single plant since the company's emergence from bankruptcy in July 2009.... Read More »
Volkswagen joins other carmakers investing in Spanish outputJan. 24, 2013 10:13 CET  Volkswagen plans to invest 785 million euros ($1 billion) over the next 5 years in a plant in northern Spain that builds the subcompact Polo model. VW is the third carmaker in recent months to boost investment in the recession-hit country.... Read More »
Denso will invest $750 million in U.S. expansion 10:26 am U.S. ET | Jan. 15, 2013  Denso International America plans to invest $750 million in the United States in the next four years, creating more than 1,200 jobs.... Read More »
Jaguar to add 800 new UK jobs, source saysJan. 13, 2013 15:31 CET  Jaguar Land Rover plans to create 800 new jobs at its Solihull factory in central England due to demand in China, Russia and the United States, a person familiar with the matter said on Sunday.... Read More »
Auto execs discount overcapacity, eye new global investments 12:01 am U.S. ET | Jan. 9, 2013  A growing number of global auto executives say they are planning to increase investments in factories and distribution networks as their fears of widespread overcapacity wanes. A survey released today by the financial advisory firm KPMG LLP finds that auto executives are becoming more bullish about the market despite economic worries in Europe and a perceived slowdown in growth in China.... Read More »
Audi plans to spend $17 billion on expansion in pursuit of BMWDec. 27, 2012 16:40 CET  Audi plans to spend 13 billion euros ($17 billion) through 2016 to develop new cars and expand production capacity as it pursues BMW's lead.... Read More »
Audi plans to spend $17 billion on expansion in pursuit of BMW 10:40 am U.S. ET | Dec. 27, 2012  Audi plans to spend 13 billion euros ($17 billion) through 2016 to develop new cars and expand production capacity as it pursues BMW's lead.... Read More »
Nexteer, citing steering contract, will expand in Michigan 1:10 pm U.S. ET | Dec. 14, 2012  Nexteer Automotive said it is investing nearly $70 million and adding 325 jobs at its headquarters in Michigan to handle a new contract with a Detroit automaker. The supplier, which makes advanced steering and driveline systems, declined to identify the automaker it will supply with its 12-volt rack electric power steering system in a contract through 2022.... Read More »
JTEKT expands hub bearing plant in South Carolina 12:01 am U.S. ET | Dec. 11, 2012 JTEKT Corp. says it will spend $130 million to expand its Koyo ball bearing factory in Richland County, S.C.... Read More »
Kobe expands aluminum forge in Kentucky 12:01 am U.S. ET | Dec. 11, 2012 Kobe Aluminum Automotive Products is expanding its aluminum forge in Bowling Green, the governor's office announced.... Read More »
GM's Chinese joint venture to build $1 billion plant in Chongqing 9:24 am U.S. ET | Nov. 28, 2012  General Motors and its Chinese joint-venture partners said today they plan to build a $1 billion auto assembly plant in the city of Chongqing as part of its push to remain the leader in the world's largest auto market.... Read More »
VW invests 550 million euros in boosting China, Russia auto-parts outputAug. 29, 2012 08:49 CET  Volkswagen is investing 550 million euros ($691 million) in auto-parts manufacturing in Russia and China to prepare for further growth in the countries' vehicle markets.... Read More »
Fortech moves into new headquarters, triples output capacity 12:01 am U.S. ET | July 10, 2012 Fortech Products Inc., a producer of automotive coatings and lubricants, has moved into a new 80,000-square-foot headquarters in Brighton, Mich., that has 25 percent more warehouse space and triple the production capacity.... Read More »
Linamar expands production in North Carolina 12:01 am U.S. ET | July 10, 2012 Linamar Corp., a producer of engine and transmission components, will expand its factory in Asheville, N.C. The plant, which opened in 2011, produces engine blocks and axle components for commercial trucks.... Read More »
GKN expands driveline parts plant in North Carolina 12:01 am U.S. ET | July 10, 2012 GKN Driveline will spend $24 million to expand a factory in Roxboro, N.C. The project will create 131 new jobs, North Carolina Gov. Bev Perdue said in a statement. The company will install additional tooling and expand its floor space.... Read More »
Nissan will build its second EV in SpainMay 24, 2012 06:01 CET  Nissan said it will start production of its second electric vehicle, the e-NV200 light commercial van, next year. The e-NV200 will be built for global markets alongside standard versions of the van in Nissan's factory in Barcelona, Spain.... Read More »
BMW aims to boost China output by 80%May 22, 2012 11:52 CET BMW has asked the Chinese government for permission to expand its annual production capacity by 80 percent, from 200,000 units to 360,000. The automaker builds the 5 series, 3 series and X1 models in China, together with its local partner Brilliance China Automotive Holdings.... Read More »
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