On April 22, SOLLERS Group announced the localization of stamping production of body parts for Sollers Atlant and Argo light commercial vehicles from Russian galvanized steel. The production has been established in Tatarstan at the site of the project's industrial partner.
All large external and internal body parts,

On December 6, Atom announced that hot stamping will be used to produce the Atom body. This technology increases the mechanical properties of the metal, such as its strength and wear resistance. Thanks to the technology, the part can be made lighter and thinner without compromising its strength. It also allows the cr

On December 4, the European Commission approved One Equity Partners, US to acquire full control of E. Winkemann, Germany under the EU Merger Regulation. E. Winkemann mainly produces precision stamped metal parts for the automotive sector.
The Commission found no competition issues due to the companies' small combined

On October 30, Sollers and PJSC Magnitogorsk Iron and Steel Works (MMK) signed a memorandum of cooperation to localize stamped parts for bodies and cabins of light commercial vehicles Sollers Atlant and Sollers Argo. 
The first serial batch of MMK metal is scheduled to be delivered to the site of SOLLERS' local partn

On September 24, the Michigan Strategic Fund announced it has approved USD 3.5 million to support Laepple Automotive, the U.S. entity of German auto parts manufacturer Laepple Automotive, in its plans to establish its new U.S. headquarters and main manufacturing operations in the city of Detroit.
Laepple plans to inv

On August 22, Toyota Tsusho Africa (TTAF) partnered with Ogihara (Thailand) Corporation (OTC) and Toyota South Africa Motors (TSAM) to announce the formation of a new joint venture (JV), Ogihara South Africa (OSA). The announcement was made at the construction site at Dube Trade port in Durban, South Africa.
The join

Announced on July 26, 2024, Proton, Malaysia held the groundbreaking ceremony for new additions to its stamping facilities in Tanjong Malim on July 23. With an additional investment of MYR 253 million, the new lines will expand the volume of parts stamping at this plant. 
The new E-Line will feature a four-stage stam

On June 18, BMW announced that its Regensburg plant has introduced an autonomous transport vehicle at its press plant. The vehicle is driverless, electric platform truck autonomously transports press tools and steel blanks, with a payload capacity of up to 55 tonnes, furthering the company's goal of a digitally conne