Cars
Porsche has announced it will invest more than €1,1 billion ($1,2 billion) through 2020 in the expansion of its Zuffenhausen, Ludwigsburg and Weissach locations in order to boost productivity, flexibility and efficiency. The investment is part of the “Fit for the Future†agreement, which also rules out redundancies until the end of the decade.
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- Vw Will Invest More Money On New Products, Plants And Tech Than Puerto Rico's Gdp!
Do you know how much the VW Group will invest in new models, environmentally friendly technologies and production facilities in the coming five years? €85.6 billion or about US$106.2 billion at today's rates. Read more »...
- Mercedes Reorganizes Production Around Four Main Platforms
Mercedes-Benz has announced it will invest more than €3 billion ($3.87 billion) to increase production and modernize its German passenger car and powertrain plants in 2014. Read more »...
- Kia Announces $1 Billion Investment In New Mexico Plant To Build Compact Cars
Kia is the latest car manufacturer to announce a new plant in Mexico, with the Korean carmaker pledging to invest approximately $1 billion (€759 billion) in the new facility. Read more »...
- Mg Preparing An Array Of New Models To Conquer Europe
SAIC Motor Corporation, the owner of MG Motors, plans to develop several new models for the British brand in order to boost sales outside its home market in China. The Chinese owner of MG Motors has already spent £1 billion ($1.64 billion) to re-launch...
- Italian Auto Union To Go On Strike At Fiat’s Mirafiori Plant, Affects Chrysler Plans
In order to be able to invest €1 billion (US $1.31 billion) in a joint venture with Chrysler, Fiat needed to secure agreements with all unions representing its factory workers. However, a more hard-line Italian union, FIOM, is refusing to sign...
Cars
Porsche To Invest More Than €1.1 Billion In Plant Expansions By 2020
Porsche has announced it will invest more than €1,1 billion ($1,2 billion) through 2020 in the expansion of its Zuffenhausen, Ludwigsburg and Weissach locations in order to boost productivity, flexibility and efficiency. The investment is part of the “Fit for the Future†agreement, which also rules out redundancies until the end of the decade.
Read more »
- Vw Will Invest More Money On New Products, Plants And Tech Than Puerto Rico's Gdp!
Do you know how much the VW Group will invest in new models, environmentally friendly technologies and production facilities in the coming five years? €85.6 billion or about US$106.2 billion at today's rates. Read more »...
- Mercedes Reorganizes Production Around Four Main Platforms
Mercedes-Benz has announced it will invest more than €3 billion ($3.87 billion) to increase production and modernize its German passenger car and powertrain plants in 2014. Read more »...
- Kia Announces $1 Billion Investment In New Mexico Plant To Build Compact Cars
Kia is the latest car manufacturer to announce a new plant in Mexico, with the Korean carmaker pledging to invest approximately $1 billion (€759 billion) in the new facility. Read more »...
- Mg Preparing An Array Of New Models To Conquer Europe
SAIC Motor Corporation, the owner of MG Motors, plans to develop several new models for the British brand in order to boost sales outside its home market in China. The Chinese owner of MG Motors has already spent £1 billion ($1.64 billion) to re-launch...
- Italian Auto Union To Go On Strike At Fiat’s Mirafiori Plant, Affects Chrysler Plans
In order to be able to invest €1 billion (US $1.31 billion) in a joint venture with Chrysler, Fiat needed to secure agreements with all unions representing its factory workers. However, a more hard-line Italian union, FIOM, is refusing to sign...