CHINA: GM JV hopes for Chongqing plant start in new year
General Motors' joint venture with local partners SAIC and Wuling will start building a new plant in Chongqing, China early next year, pending government approvals.
Reuters reported the CNY6.6bn first phase is scheduled to open in 2015 and the plant will have annual production capacity of 400,000 vehicles and engines.
The JV will announce the models to be built there closer to the start of production.
The new plant will help the JV reach its production target of 2m vehicles a year by the end of 2015.
More read-it-and-weep news for struggling European rivals from Volkswagen group this week as it chalked up another little milestone - selling over 3m vehicles in the first four months of a year....
Vehicle assembly in Colombia began in 1956 when the government signed an agreement to build Austin trucks locally. Colombian entrepreneurs soon saw the opportunity to invest in technology to be part o...
I wouldn't have thought that, with the current state of play in the European auto industry, there'd be too much niggle in the union ranks. But we've reported on a bit this week....
What are Opel's 3,000 odd workers at its Bochum plant in the heavily-industrialised region of North-Rhine Westphalia (NRW) thinking today?...
Geely's Volvo Cars has named former GM marketing executive Alain Visser, who joined last year, as its new senior vice president marketing, sales and customer service, replacing Doug Speck who is leavi...
After announcing an after-tax operating loss of A$141m for the 2012 financial year, following a A$290m loss in 2011, Ford has finally thrown in the manufacturing towel in Australia and will close its ...
The board of directors of Geely Automobile have announced management changes....
Chinese business interests are again reportedly moving to buy financially crippled electric car start-up Fisker Automotive....
- COMMENT: The diminution of Fiat
- COMMENT: BMW & Mercedes battle over self parking
- Q&A: Volvo XC90 chief engineer Håkan Ivarsson
- RESEARCH SNAPSHOT: Review of front-end modules
- COMMENT: No wizards needed at US$100 a barrel
- Arrested Toyota executive quits
- UK auto sector delivering on growth
- JUST THE FACTS: 2016 Audi A4 first look
- Infrastructure and logistics make Brazil costly
- "Levelling off" continues in China's car market
- Global light vehicle safety systems market- forecasts to 2029
- Magna International Inc. (MG) - Financial and Strategic SWOT Analysis Review
- Global light vehicle OE connectivity market- forecasts to 2029
- Global electric light vehicles market- forecasts to 2018
- Global light vehicle instrumentation and cockpits market- forecasts to 2029