Latest News & Features – Page 209
-
ArticleHill to lead US sales for GM
US – Steve Hill will move from his current position as North America VP, Customer Care and Aftersales, a role that will be filled by Tim Turvey, currently executive director, Customer Care and Aftersales sales and marketing. The appointments take place with immediate effect. Hill joined GM in 1983 and ...
-
ArticleAlcoa completes $300m Iowa expansion
US – The facility in Davenport is dedicated to supplying aluminium sheet products to the automotive industry, from which Alcoa is seeing increasing demand. Klaus Kleinfeld, chairman and CEO of Alcoa, commented: “2014 marks the beginning of dramatic growth for aluminium in the auto sector”, adding that vehicle OEMs are ...
-
ArticleVW Golf 7 production gets underway in Puebla
Mexico – The model will be exported to the US and Canada, and will be seen on North American roads from the middle of 2014. Derivatives such as the Golf station wagon for North and South America will also begin production this year.Volkswagen has invested $700m in the Puebla plant, ...
-
ArticlePermanova celebrates Volvo award
Sweden – The Volvo Cars Quality Excellence (VQE) award was presented to Ulf Sandström, managing director of Permanova Lasersystem, at a ceremony in Gothenburg in mid-December. Sandström welcomed the award as “proof that our work is being appreciated by our customers”.www.permanova.com
-
ArticleTata opens UK steel profiling centre
UK – The new development at Tata’s Steelpark plant amalgamates its plate cutting and machining capability into a single facility which can offer tailored processing services for specific customer requirements. The profiling centre, which is the result of a £3.1m investment, will boost Steelpark’s capacity to 47,000 tonnes per annum. ...
-
ArticleNissan to establish engine plant in Rio
Brazil – The new 140m reais (£36m) facility will be part of the Resende Industrial Complex (RJ), where the OEM is constructing a vehicle plant. The engine unit will use an existing building next to the vehicle plant and will have the capacity to produce up to 200,000 engines per ...
-
ArticleFAW Group made 2.9m vehicles in 2013
China – The 2,938,000 total represents an increase of 10.5% over the previous year and the combined output of the OEM’s various divisions and joint ventures.FAW-Volkswagen produced 1,539,000 units in 2013, a 14.1% increase year-on-year; medium and heavy-duty truck manufacturer FAW Jiefang made 190,000 units, up 23.7% on last year; ...
-
ArticleEaton scoops GM quality award
Poland – The power management company’s automotive facility in Bielsko-Biala received the acknowledgement from General Motors’ Opel/Vauxhall unit in Europe for its services over the past 12 months. Eaton won the award for the second year in a row, after playing “a critical role in GM’s success in 2013”, according ...
-
Article
GM sells Peugeot Citroen equity
US – The 7% stake, representing over 24 million shares, was sold through private placement to institutional investors and generated gross proceeds of €0.25 billion. General Motors announced that there would be no public offering of the securities in the US; the offer and sale of the shares will not ...
-
ArticleFord sets outs plans for 2014
US – The vehicle-maker is due to launch 23 new models around the world, open three more manufacturing facilities and add 11,000 personnel to its workforce. In North America, 16 new vehicles will be launched, including: the Ford Mustang, the Ford Transit Connect, the Ford Transit and the Lincoln MKC. ...
-
ArticleFiat to buy remainder of Chrysler
US – The Italian vehicle-maker’s North American subsidiary (FNA) will acquire the 41.4616% of Chrysler which it does not already own, after agreeing a deal with the VEBA Trust. The latter will receive aggregate consideration of $3.65 billion. This will consist of: a special distribution payable by Chrysler to its ...
-
ArticleDENSO merges equipment subsidiaries
Japan – The developer of automatic data capture devices, industrial robots and other systems, DENSO WAVE, will be consolidated with DENSO ELECS, which manufactures products developed by DENSO WAVE. The united company will be known as DENSO WAVE. Japan-based DENSO Corporation decided on the move in order to increase its ...
-
ArticleRenault sets up JV with Dongfeng
China – Final approval for the 50:50 joint venture was granted by the National Development and Reform Commission of China (NDRC) at the beginning of December 2013. Representing an investment of 7.76 billion yuan (€870m), Dongfeng Renault Automotive Company (DRAC) will establish a 95-hectare manufacturing plant in Wuhan which will ...
-
ArticleGM invests nearly $1.3bn to upgrade five US plants
US – The investment will be split between facilities in Detroit, Flint and Romulus in Michigan, Toledo in Ohio and Bedford in Indiana. It is intended to support the production of a new V6 engine, a new 10-speed transmission and an existing 6-speed transmission, as well as funding assembly plant ...
-
ArticleMichelin starts work on global innovation centre
France – The main building at the Ladoux site in Clermont-Ferrand, which will be known as the Campus RDI (Research, Development and Process Engineering) is due to be completed in 2018, when it will accommodate 1,600 personnel. Phase one will be finished in late 2015; 600 staff will begin work ...
-
ArticlePermanova delivers laser station to Volvo in Chengdu
China – The laser station for the welding and cutting of car bodies is operated in full automatic mode and includes seam-tracking technology in the welding tool. A small robot-carried xy stage with a cutting tool is used for laser cutting of shocktowers, plus reference plates in the side and ...
-
ArticleRenault-Nissan and IFC support Russian part-makers
Russia – The vehicle-makers’ Alliance and the World Bank member will provide advice and technical support to automotive component manufacturers as part of an attempt to encourage economic growth across Russia. The Renault-Nissan Alliance and IFC will help suppliers to improve their corporate governance, modernise their production facilities and conserve ...
-
ArticleSkoda’s Yeti appears in China
China – A special version of the vehicle, tailored for the local market with larger dimensions and an optional spare tyre on the tailgate, is now running off the production lines in China, courtesy of Skoda’s association with Shanghai Volkswagen. The market launch of the new Yeti, called ‘Ye di’ ...
-
ArticleCar production in UK nears 1.5m
UK – A total of 1,424,023 units were manufactured in the first 11 months of 2013, representing an increase of 4.5%. The figures were released by the Society of Motor Manufacturers and Traders (SMMT), which said the UK automotive industry’s performance was the best since 2007. Its CEO, Mike Hawes, ...
-
ArticleZF launches first car axle plant in Malaysia
Malaysia – The driveline and chassis specialist opened the production facility in Kulim, where 74 employees will initially produce axle sets for supply to the nearby BMW plant. Production will begin with completely knocked down (CKD) axles. The front and rear axles will be installed in several BMW and Mini ...