Cars
Volkswagen seems committed to increase its renewable energy production as it plans to invest close to €1 billion ($1.44 billion) over the next two years, according to a report from Financial Times Deutschland.
- 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 »...
- 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 »...
- Ford's Second Quarter Profit Drops $1.4 Billion, Big Losses In Europe
The Blue Oval reported today a second quarter profit of US$1 billion (€827 million), down 57 percent or US$1.4 billion (€1.16 billion) over the same period last year, as the company's losses in Europe piled up. Net income in the first...
- Chrysler Invests $165 Million In Michigan Assembly Plant
Chrysler announced today that it will invest $165 million in its Sterling Heights, Michigan plant to add a new state of the art, one million square-foot body shop. Last December, the Detroit carmaker had also revealed that it would invest close to $850...
- Chrysler Reports Net Profits For The First Time Since Emerging From Bankruptcy
On Monday, the Chrysler Group LLC reported its first quarter gains since exiting bankruptcy almost two years ago in June 2009. The Auburn Hills-based automaker, which is now operated by Fiat S.p.A., said net income totaled $116 million in the first quarter...
Cars
VW to Invest €1 Billion in Renewable Energy Production
Volkswagen seems committed to increase its renewable energy production as it plans to invest close to €1 billion ($1.44 billion) over the next two years, according to a report from Financial Times Deutschland.
This is a significant increase compared to the end of June announcement of a €600 million ($868 million) investment. VW is, reports the newspaper, interested in buying at least two offshore windparks and it is possible that it will announce a partnership with windpark developer Windreich before the end of 2011.
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 »...
- 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 »...
- Ford's Second Quarter Profit Drops $1.4 Billion, Big Losses In Europe
The Blue Oval reported today a second quarter profit of US$1 billion (€827 million), down 57 percent or US$1.4 billion (€1.16 billion) over the same period last year, as the company's losses in Europe piled up. Net income in the first...
- Chrysler Invests $165 Million In Michigan Assembly Plant
Chrysler announced today that it will invest $165 million in its Sterling Heights, Michigan plant to add a new state of the art, one million square-foot body shop. Last December, the Detroit carmaker had also revealed that it would invest close to $850...
- Chrysler Reports Net Profits For The First Time Since Emerging From Bankruptcy
On Monday, the Chrysler Group LLC reported its first quarter gains since exiting bankruptcy almost two years ago in June 2009. The Auburn Hills-based automaker, which is now operated by Fiat S.p.A., said net income totaled $116 million in the first quarter...