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Brexit’s come home - how the costs mount up

9 July 2018 | Calum MacRae

This article was originally written on 6th July 2018, with the title ‘Brexit’s coming home’ and primed for publication today, the 9th July. The title was based on two presumptions: (i) England would beat Sweden in the World Cup quarter final and (ii) the UK government cabinet would fail to agree on its negotiating position with the EU, thus making a ‘hard’ Brexit more likely. As we know, England delivered on Saturday, but the bigger shock was the UK government’s ‘Chequers statement’ on Friday night. The prime minister Theresa May had seemingly quelled rebellion in the cabinet’s ranks and engineered a path for a ‘soft’ Brexit for manufactured goods (a service sector agreement, covering 80% of the UK’s economy comes later) via a Facilitated Customs Arrangement and a common rule book for manufactured goods. Now on Monday 9th July, even more unwanted uncertainty has been delivered following the resignation of Brexit minister David Davis from cabinet and the possibility of open warfare in the UK government.


Fiat Chrysler lays out its plans - what happens next?

4 June 2018 | Glenn Brooks

Jeep and Ram, two brands which are successful mainly in the USA, are expected to account for most of the future profitability of Fiat Chrysler Automobiles at a global level over the next five years. That was the gist of the announcements made at FCA's 'Capital Markets Day'. Although a lot was said at Balocco, many questions concerning the next generation of models for FCA divisions went unanswered.


How long will global automakers prop up loss-making Brazil subsidiaries?

27 February 2017 | Fernando Calmon

There was once euphoria in the Brazilian automotive market. Following the 2008/2009 financial crisis, the Lehman Brothers bank bankruptcy and the chain reaction that spread worldwide, auto companies settled here coincidentally commenced to profit enormously. And the order of the day became rescuing indebted parent companies, especially General Motors (at the time in Chapter 11 proceedings), Ford and Fiat.


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Vinfast parent's rapid expansion rattles investors

11 July 2019 | Graeme Roberts

Investors are reportedly becoming concerned at the rapid expansion of Vietnam's largest private conglomerate, Vingroup, parent of new automaker Vinfast, which last month opened a vehicle assembly plant in the northern port city of Haiphong after production of the first home grown Vietnamese vehicle, the Fadil, had started earlier in the month, just two years after production plans were first announced.


Interiors maker moving in to supply FCA's new Detroit plant

10 July 2019 | Graeme Roberts

Interiors supplier Dakkota Integrated Systems is to build a plant in Detroit supplying Fiat-Chrysler Automobiles on the 'brownfield' site of a shuttered high school, and will prioritise city residents for jobs there.


Novares expands in Czech Republic

10 July 2019 | Graeme Roberts

Novares Group has officially inaugurated a new, 9,600 square metre second building at its site in Janovice, Czech Republic.


Energy Absolute invests in Thai EV battery sector

9 July 2019 | just-auto.com editorial team

Thai energy company Energy Absolute plans to build a lithium-ion battery plant to cater for what it foresees as a fast growing market for electric and plug-in hybrid vehicles and energy storage products in the country.


JLR chief denies "crying wolf" over Brexit

5 July 2019 | Graeme Roberts

Ralf Speth, CEO of Tata Motors-owned Jaguar Land Rover, has denied "crying wolf" over Brexit following today's announcement the automaker would make a range of new electrified vehicles at its plant in Castle Bromwich, England.


Renault brings everyone together in new Romania HQ

28 June 2019 | Graeme Roberts

Renault has officially opened a new headquarters in Bucharest, Romania, 20 years after taking over Dacia (which built its cars under licence in the Communist era).


Porsche confirms 2018 profit and VW investment up

27 June 2019 | Graeme Roberts

Porsche SE chairman Hans Dieter Poetsch told an audience of about 3,500 shareholders at the annual general meeting the company had increased its group profit 6% year on year to EUR3.5bn thanks to a EUR3.6bn (EUR3.4bn in 2017) contribution from Volkswagen AG.


Mitsubishi to relocate US HQ to Nissan territory in Tennessee

26 June 2019 | just-auto.com editorial team

Mitsubishi Motors plans to relocate its North America headquarters from California to Tennessee, a move that will bring it closer to its majority shareholder Nissan Motor.


Continental Romania spends EUR27m expanding Iasi office building

17 June 2019 | Graeme Roberts

Continental Romania said it was spending EUR27m to expand its office building in Iasi.


Horiba MIRA expands emissions service with new test centre

4 June 2019 | Graeme Roberts

As part of its commitment to helping vehicle manufacturers produce cleaner vehicles, Horiba MIRA has opened a new propulsion test and development centre at its UK headquarters in Nuneaton, Warwickshire.


Beijing E-Town to invest in EV start-up Nio

4 June 2019 | just-auto.com editorial team

A Chinese state-owned fund based in Beijing has agreed to invest up to CNY10bn (US$1.45bn) in electric vehicle start-up Nio Inc, according to local reports citing company officials.


Hyundai Alabama adds head machining plant

17 May 2019 | Graeme Roberts

Alabama governor Kay Ivey and other elected officials joined Hyundai Motor Manufacturing Alabama management and staff to celebrate the 'grand opening' of HMMA’s cylinder head machining plant.


Grupo Antolin opens lighting plant and technical centre in Germany

16 May 2019 | Graeme Roberts

Interiors specialist Grupo Antolin has officially opened its new lighting factory in Bamberg, Germany.


Honda confirms Swindon plant's 2021 closure

13 May 2019 | Graeme Roberts

Honda of the UK Manufacturing has this afternoon (13 May) informed employees it has confirmed earlier announced plans to close its English manufacturing plant in Swindon, Wiltshire, at the end of the current model’s production lifecycle, in 2021.


Daimler aims for carbon-free cars in 20 years

13 May 2019 | Graeme Roberts

Daimler's Mercedes-Benz Cars wants to have a carbon-neutral new passenger car fleet within two decades and also aims to have plug-in hybrids or all-electric vehicles account for over half its car sales by 2030.


Byton to raise US$500m ahead of production in 2020

13 May 2019 | just-auto.com editorial team

Chinese electric vehicle startup Byton plans to launch a new round of fund raising in the next few months as it prepares to unveil its first production model in the third quarter of the year.


Alliance Ventures focuses on disruptive technology through new China deal

9 May 2019 | Graeme Roberts

Alliance Ventures, the strategic venture capital fund that invests in technology startups for Renault Group, Nissan Motor Company and Mitsubishi Motors, announced a partnership with Plug and Play China to "cooperate on open innovation" in the world's second largest economy.


France hails Fonderies du Poitou Liberty takeover

2 May 2019 | Simon Warburton

French Finance Minister, Bruno Le Maire has welcomed the takeover of Renault supplier, Fonderies du Poitou d'Ingrandes-sur-Vienne, by GFG Alliance division, Liberty, saving 623 jobs.


Royal Power Solutions opens new Mexico factory

2 May 2019 | Graeme Roberts

Royal Power Solutions, which supplies electrical power and signal distribution components for global vehicle and industrial applications, has opened a new assembly plant in the Queretaro, Mexico, automotive mega-cluster.


Bentley adds 10,000-panel solar carport at Crewe factory

2 May 2019 | Graeme Roberts

Volkswagen's Bentley Motors said it had installed the UK's largest solar car port at its factory in Crewe, England.



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