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Toyota launches strategic investment subsidiary, Toyota Invention Partners
together." Unlike conventional funds with fixed periods, TIP will take a long-term view. Together, a broad spectrum of partners will join TIP to shape the future of mobility, including startups participating in Toyota Woven City. In parallel, Woven Capital has launched Fund II, targeting 20-25 new investments in Series B to late-stage companies advancing AI, automation, climate technology, energy, sustainability and more. Based on Toyota relea...
News Updated at: 2025/10/01
Ford asks Trump administration for modest emission changes rolled out slower
e the EPA’s important efforts in this direction,” Cynthia Williams, Ford’s global director of sustainability, homologation, and compliance, wrote. “But pragmatically, eliminating standards altogether is not likely to provide the industry with the long-term stability we need to make historic investments in America and compete globally.” The 2009 Endangerment Finding, which officially declared greenhouse gases as a danger to human life, i...
News Updated at: 2025/10/01
Toyota postpones Yaris Cross launch in Brazil due to damages at engine plant
red to 130,500 in the same period of 2024. Its market share has slipped from 8.5% to 7.7%, maintaining fifth place overall but now facing additional pressure from reduced production capacity. Despite these challenges, Toyota remains committed to its long-term strategy, including BRL 11.5 billion in investments through 2030 that includes a new factory in Sorocaba, expected to boost capacity by 20% in 2026, and the closure of the Indaiatuba plant a...
News Updated at: 2025/09/25
Egyptian minister meets with Adient and Deniz, Turkiye, officials to discuss seat component plant
project aims to establish a 3,000 square meter (sqm) facility, providing 800 job opportunities to produce automotive components, including seats and seat mechanisms. The second phase will be followed by the construction of a new 15,000 sqm factory, providing 3,000 additional job opportunities with investments totaling USD 10 million. The project is expected to contribute to exports exceeding USD 100 million. Based on social media updates of the ...
News Updated at: 2025/09/24
Volvo confirms expanded production in South Carolina with fourth model
. “The Charleston plant is foundational to our strategic growth plan for the U.S.,” Luis Rezende, Volvo Cars’ president of the Americas, said in a statement. “By adding another model into production here, we’ll take a big step toward realizing the full potential of our local manufacturing investments and workforce.” The Ridgeville plant currently produces the Volvo EX90 and Polestar 3, and will begin production of its XC60 crossover t...
News Updated at: 2025/09/24
Great Wall Motor reaffirms commitment to Mexico despite potential tariffs to imported vehicles from China
om Asian countries, including vehicles and auto parts. Pedro Albarrán, GWM’s vice president and general director in Mexico, acknowledged the possible impact of the proposed measures but emphasized that the country remains a priority market for the company’s growth strategy. GWM highlighted its investments in national talent, infrastructure, and strategic alliances since entering Mexico, building a foundation that demonstrates its intention t...
News Updated at: 2025/09/23
Kia Egypt announces local vehicle assembly project, production to start in 2026
Kia Egypt announces local vehicle assembly project, production to start in 2026 On September 19, Egyptian International Trading and Agencies (EIT), the agent of Kia in Egypt, announced the launch of a project to locally assemble Kia vehicles using the Completely Knocked Down (CKD) system, with initial investments exceeding EGP 500 million. The actual production is scheduled to begin in 2026, once the assembly lines are installed and operational, ...
News Updated at: 2025/09/22
Scout Motors building USD 300 million supplier park at South Carolina plant
assembly. • Accessories Building to support upfitting and installation of vehicle accessories. This initiative is expected to bring 1,000 additional supplier jobs. Scout Motors is in the process of finalizing supplier contracts. Supplier agreements already awarded represent USD 368 million in investments, for a cumulative local investment impact of nearly USD 700 million. Scout is expected to begin production of the Terra pickup and Travele...
News Updated at: 2025/09/20
Linglong signs MoU for tire manufacturing plant in Kenya
Linglong signs MoU for tire manufacturing plant in Kenya On September 16, the Cabinet Secretary for the Ministry of Investments, Trade and Industry, Kenya, in a social media post, announced that the Ministry and Linglong Group Limited signed an MoU (Memorandum of Understanding) for the establishment of a USD 800 million tire manufacturing plant in Mariakani, Kilifi County. Linglong Group, through its subsidiary Linglong Tyres, will create over 1,...
News Updated at: 2025/09/19
Hyundai Motor unveils 2030 vision and product roadmap at CEO investor day
(approx. USD 55 billion) investment plan over five years from 2026 to 2030, up KRW 7 trillion from last year’s guidance. The investment breakdown includes KRW 30.9 trillion for Research and Development (R&D), KRW 38.3 trillion for Capital Expenditure (CAPEX), and KRW 8.1 trillion for strategic investments. Based on the Hyundai Motor press release...
News Updated at: 2025/09/19
Mexico’s tariff to considerably impact vehicle market
. Volkswagen Virtus and Taigun from India, Toyota Yaris from Thailand, Mitsubishi L200 from Thailand, and Suzuki Ertiga and Toyota Avanza from Indonesia are among those that could be directly affected. The policy could raise costs for consumers while favoring domestic production and long-term local investments. China immediately urged Mexico to reconsider, warning of halted investments and disruptions to projects in sectors from automotive to ele...
News Updated at: 2025/09/19
Sojitz, Japan, invests in ADM Global, Uzbekistan, for car distribution, trade and production activities
Sojitz, Japan, invests in ADM Global, Uzbekistan, for car distribution, trade and production activities On September 15, the ADM Global group of companies, the official distributor of Great Wall Motor (GWM), signed a partnership with Sojitz Corporation. As part of the agreements, Sojitz acquired a stake in the car distribution business and made an additional investment of USD 100 million. The investments will strengthen the car distribution syste...
News Updated at: 2025/09/18
Powerdot opens innovation centre for charging technologies in Porto, Portugal
r behaviour and equipment performance. Powerdot's product teams remain centralised in Porto, reinforcing the importance of the local ecosystem for its innovation and international expansion. InvestPorto is an investment promotion agency founded by the Porto City Council to promote, win, and support investments in key areas. Based on Invest Porto press release ...
News Updated at: 2025/09/18
Ontario’s trade minister seeks to develop deeper trade ties to Europe, Asia
as trade disruption continues. Vic Fedeli, Ontario minister of economic, job creation and trade, said on September 11 at the IAA Munich exhibition that “Now more than ever, countries around the world are looking for ways to bolster their trading relationships with allies. Each wants to land more investments and U.S.-proof themselves.” “The plan is to solidify our relationships with Europe rather than our relations with the United States,...
News Updated at: 2025/09/18
Linglong Group to establish auto parts industrial park in Kenya
Linglong Group to establish auto parts industrial park in Kenya On September 16, the President of Kenya, in a social media post, announced that the Ministry of Investments, Trade, and Industry signed a memorandum of understanding (MoU) with Linglong Group for the establishment of a state-of-the-art auto parts industrial park in Kenya. It will help to achieve Kenya’s and Africa's industrialisation and investment agenda. Based on social media upd...
News Updated at: 2025/09/17
Brembo SGL Carbon Ceramic Brakes expands production capacity by 50% in Italy and Germany
Brembo SGL Carbon Ceramic Brakes expands production capacity by 50% in Italy and Germany Brembo S.p.A. (Brembo)’s subsidiary, Brembo SGL Carbon Ceramic Brakes (BSCCB), has completed the expansion of its production capacities in Stezzano (Bergamo), Italy and Meitingen, Germany. The investments have increased production capacity by around 50% to meet growing demand for carbon-ceramic brake discs used in premium passenger cars and commercial vehic...
News Updated at: 2025/09/17
U.S. in talks to establish USD 5 billion fund for critical mineral deals
d provide a new avenue for the U.S. government to engage in large-scale deals itself. If the DFC was to commit the full USD 2.5 billion, the venture with Orion could rank as the largest in the agency’s history. Created towards the end of Trump’s first term, the DFC has already approved multiple investments in the mining industry, via credit, equity stakes and technical assistance grants, including during Joe Biden’s presidency. With the Whi...
News Updated at: 2025/09/17
Mubea and Hella expand operations in Mexico
Mubea and Hella expand operations in Mexico On September 11, it was reported that Mubea and Hella expanded their operations in Guanajuato with new investments. Mubea inaugurated a USD 60 million plant dedicated to precision steel tubes, creating 200 jobs, and reinforcing its supply to GM, Stellantis, Ford, and Tesla. Meanwhile, Hella invested USD 15.4 million in Apaseo el Grande for a new facility producing body control units, electronic power st...
News Updated at: 2025/09/16
GM and Hyundai to manufacture pickups in Brazil starting in 2028
ba for Hyundai, with a launch expected in 2029. The midsize pickup is expected to offer both turbo-diesel and hybrid variants, while the compact pickup will feature gasoline and hybrid options. While the projects strengthen the partnership, GM’s Alvear plant in Argentina remains excluded from new investments. (Motor1 Argentina on September 15, 2025)...
News Updated at: 2025/09/16
Polad, Russia launches production of stamped parts for Lada Largus
Polad, Russia launches production of stamped parts for Lada Largus On September 12, the Industrial Development Fund (IDF) announced that Polad has started import-substituting production of small, stamped parts for Lada Largus cars in Tolyatti, Samara Region. The investments in setting up the production exceeded RUB 300 million, of which RUB 215 million were provided by the federal IDF. A new production line for stamping small parts for Lada Largu...
News Updated at: 2025/09/15