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BMW Group India has announced a number of measures to restrict employee movement during the novel coronavirus pandemic that’s swept the globe. The automaker has announced that it will be closing the Chennai-based manufacturing facility with immediate effect…
Nissan has stopped output at Britain’s biggest car factory due to the impact from coronavirus as it assesses supply-chain disruption and the drop in demand, the most significant closure to affect the country’s autos sector so far from the outbreak. Vauxhall’s…
Tesla will build its first European factory and design center near Berlin, giving the U.S. electric car pioneer the coveted “Made in Germany” label just as local rivals Audi, BMW and Mercedes prepare to launch competing cars. Tesla Chief Executive Elon Musk…
Kia Motor India has finally introduced the Seltos compact SUV in India and the all-new offering has been launched at a disruptive pricing of ₹ 9.69 lakh (ex-showroom). The company has already garnered over 32,000 bookings for the Kia Seltos in five weeks and…
A Ford plant that produced transmissions in southwestern France shut down for good on Wednesday after the carmaker brushed aside efforts save some operations at the facility that had employed up to 3,600 people. The factory in Blanquefort, outside Bordeaux,…
The plant-based meat market will rise from US$150 million in 2018 to over US$320 million by 2025, according to a 2019 Global Market Insights, Inc. report. Consumers are wanting more meat alternatives, such as those based on wheat, soy, pea, lentils or oats,…
German carmaker Volkswagen is planning to build a multi-brand production plant in Turkey, a German trade magazine reported on Friday without citing sources. Automobilwoche said Volkswagen supervisory Board on Thursday made the decision to build a plant near…
Mercedes-Benz and the Egyptian government have signed a Memorandum of Understanding to locally assemble the company’s passenger cars in the country. This is the result of successful discussions with the Egyptian government. This planned commitment is set to…
General Motors Co said on Tuesday it would invest an additional $20 million to upgrade equipment at the automaker’s Arlington Assembly plant in Texas, ahead of the launch of full-size sports utility vehicles (SUVs). The investment will not add to the plant’s…
Fast-casual plant-based whole-foods retailer Mana! will open its third location in Hong Kong’s Starstreet Precinct this August. Mana! Starstreet will be a 1600sqft flagship store offering the brand’s signature flats, plant-based burgers, and other “fast slow…
Toyota Motor Corporation will be building its first vehicle production company in Myanmar where it will locally produce the Hilux from February 2021. The announcement comes after other carmakers like Suzuki, Nissan and Ford established factories in the…
Honda has confirmed its western England car factory, which employs 3,500 people, will close in 2021. The Japanese carmaker announced Monday that the Swindon plant will shut in two years, “at the end of the current model’s production life cycle.” Honda makes…
It was in 2017 that Toyota and Suzuki showed interest in working together in several markets including India and two years down the line the alliance is about to bear fruit. Both companies have spelt out the areas of collaboration and it is known that Maruti…
A South Korean supplier of Tesla Inc said on Friday it had agreed to buy a shuttered auto factory from General Motors’ local unit to start contract manufacturing of electric vehicles. The deal comes after GM closed one of its four South Korean plants in late…
According to SDV’s plan, the firm will carry out the expansion for five years starting in 2018, bringing the sum to be invested in this project to $6.5 billion and making it the largest project invested in by the South Korean giant. “Government approval will…
Coca-Cola Amatil is planning to deploy two new production lines at its Cikekodan Plant in Bekasi, West Java in Indonesia. The expansion of the Cikekodan plant marks the first of the major investments being made by the company in Indonesia. Coca-Cola plans to…
