Cars
Report: Honda Invests $355 Million to Upgrade its Ohio Plants
Honda will invest $355 million in upgrading its Ohio plants in order to maximize its productivity and economy gains in the locally-built models that are available in North America, according to a report from Bloomberg. The news comes less than two weeks after the Japanese company's decision to build a brand-new plant in Mexico capable of producing 200,000 cars a year, investing another $800 million.
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Gm To Build Next-gen Cruze In Mexico As Well
General Motors will build the next-generation Chevrolet Cruze in Mexico, the company announced on Monday. The automaker will invest $350 million to build the Cruze at the Coahuila facility, as part of a $5 billion investment in its Mexican plants announced...
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Gm To Invest $1.3 Billion In Five U.s. Plants To Build New 10-speed Auto, V6 Engine
General Motors will invest $1.3 billion (€943 million) in five existing plants in Michigan, Ohio and Indiana to build new fuel-efficient engines and transmissions, improve vehicle quality and streamline logistics. GM says the investments will create...
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Diesel-powered Chevrolet Cruze To Be Built In Lordstown, On Sale In Early 2013
Following the confirmation on the development of a diesel-powered version of the well-selling Chevrolet Cruze sedan for the American market earlier this year, General Motors revealed today that the car will be built at its plant in Lordstown, Ohio, with...
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Honda To Invest $800 Million In New Mexico Plant
Honda announced today that it will invest $800 million to build a new assembly plant in Mexico. The factory, which is expected to be operational in 2014, will employ around 3,200 workers producing up to 200,000 vehicles per year. Read more »...
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Ford To Buy Off Former Daewoo Plant In Romania
While Ford’s cutting off plants in the States, in Europe, the American carmaker is planning to seal a deal for the Craiova plant in Romania at the Frankfurt Show on September 12. According to Automotive News, Ford Motor Company will disburse 57...
Cars