ce it started in 2000. It is planned to be increased by an additional one million by 2018 and its total exports are forecast to amount to 6.3 billion dollars. On March 1, Koç Holding and Stellantis N.V. announced a new strategic agreement. Under the agreement, their joint venture (JV) Tofaş will acquire the entire share capital of Stellantis Otomotiv Pazarlama A.S., the Stellantis Türkiye distribution company. Stellantis will also allocate th...

OEM Plants  Updated at: 2025/05/27

concept is application of the chassis of the Toyota "Camry" and an engine displacement of between 2.0 and 2.5 liters. The vehicle is be positioned in the medium to high class segment. Its prototype is expected to be developed by June or July 2009. The product launch is scheduled by 2010. Guangzhou acquired the intellectual property right for Fiat's large size sedan "Alfa 166," the company said. Guangzhou Car will undertake development of its own...

OEM Plants  Updated at: 2025/05/27

of three automotive subsidiaries owned by its parent, Changan Auto. Chongqing Changan Auto will take all shares of Jiangxi Changhe Automobile Limited Liability Company and Harbin Hafei Automobile Industry Group Co.,Ltd. that Changan Auto purchased in December 2009. Also, Chongqing Changan Auto will acquire shares of Changan PSA Automobile Co., Ltd. a joint venture between PSA and Changan Auto to be located in Shenzhen when the company will start ...

OEM Plants  Updated at: 2025/05/27

ar 2 Geely Automobile releases 2020 financial results and establishes joint venture with Geely Holding Group Polestar 2 model range expands to three variants On October 18, Volvo Car Group (Volvo Cars) has reached an agreement with its parent company Zhejiang Geely Holding Group (Geely Holding) to acquire full ownership of the Luqiao plant, consolidating the plant within the company’s own assets. After the change in ownership, Luqiao plant w...

OEM Plants  Updated at: 2025/05/27

Automobile Co., Ltd. (Changan Mazda). According to the consensus, China FAW, as the investor who increases the capital of Changan Mazda, will invest in Changan Mazda by evaluating the value of FAW Mazda Automobile Sales Co., LTD in which it holds 60% of the stock shares. After the three parties acquire the permission from the concerned national and local authorities in accordance with Chinese laws, Changan Mazda shall be transformed into a jo...

OEM Plants  Updated at: 2025/05/26

, including the three mentioned above (all but the three models are already out of production). As a result of this issue, the launch of the Crown Estate, which was scheduled for the middle of 2024 or later, will be postponed. The release date is undetermined at this time. Toyota has decided not to acquire certification of new models to prioritize the investigation of model certification applications and formulation of measures to prevent recurre...

OEM Plants  Updated at: 2025/05/26

R&D center Volkswagen Anhui builds new R&D proving ground for NEVs JAC premieres its new sedan Jiayue A5 at Chengdu Motor Show JAC starts preorders for its new sedan Jiayue A5 JAC names its battery electric coupe as iC5 and starts online preorders on February 26 VW to increase stake in JAC VW and acquire 50% stake in parent company JAG Anhui Jianghuai Automobile Group and Volkswagen Group officially sign investment agreements for strategic coop...

OEM Plants  Updated at: 2025/05/26

ans. At the end of 2009, GM completed an increase in shareholding in "SAIC-GM-Wuling Automotive Co., Ltd.," a joint venture between SAIC Motor Corporation and Liuzhou Wuling Motor Co., Ltd. and now waiting for approval by the Ministry of Commerce and other offices of the central government. GM will acquire a 10 percent equity in SAIC-GM-Wuling from Liuzhou Wuling for approximately 300 million yuan. After the deal is approved, SAIC Motor Corporati...

OEM Plants  Updated at: 2025/05/23

nvestment Limited was established with the purpose of setting up an Indian joint venture to explore emerging Asian markets. In September 2012 SAIC Motor abandoned capital increase, making the contribution ratio in SAIC GM Investment to 86% for GM and 14% for SAIC Motor. Additionally, General Motors acquired 186 million A shares issued by SAIC GM Investment at $125 million, which boosted its ownership of SAIC GM Investment to 90.8%. Import and sal...

OEM Plants  Updated at: 2025/05/23

nvestment Limited was established with the purpose of setting up an Indian joint venture to explore emerging Asian markets. In September 2012 SAIC Motor abandoned capital increase, making the contribution ratio in SAIC GM Investment to 86% for GM and 14% for SAIC Motor. Additionally, General Motors acquired 186 million A shares issued by SAIC GM Investment at $125 million, which boosted its ownership of SAIC GM Investment to 90.8%. The annual rep...

OEM Plants  Updated at: 2025/05/23

operating during the second half of 2024 and support production of Accelo and Atego truck models, Sprinter vans, and OH and OF bus chassis at the Juan Manuel Fangio Plant in Puerto Madero. On December 22, Mercedes-Benz Camiones y Buses (Trucks & Buses) announced it is investing  USD 20 million to acquire a 20-hectare property in Zarate, Argentina where a logistics center for auto parts will be built. The second stage will include transforming t...

OEM Plants  Updated at: 2025/05/21

on flexible fuels blended with ethanol from 0 to 100%. The engine delivers 133hp with 100% gasoline and 135hp by 100% ethanol. Annual sales target is set at 7,000 units or more. Mitsubishi is reorganizing its global production network in and out of Japan. In Brazil it will invest 2-3 billion yen to acquire a majority of the stocks of MMC Automotores Do Brasil S.A. Mitsubishi Motors Corporation has started production of the Lancer sedan at the Cat...

OEM Plants  Updated at: 2025/05/21

s mainly oriented to the export market. Mercedes-Benz exports heavy commercial vehicles to Brazil and other countries in Latin America, while the Sprinter van is also exported to the U.S.  On December 22, Mercedes-Benz Camiones y Buses (Trucks & Buses) announced it is investing  USD 20 million to acquire a 20-hectare property in Zarate, Argentina where a logistics center for auto parts will be built. The second stage will include transforming t...

OEM Plants  Updated at: 2025/05/21

introduction of the new Nissan LEAF has been supported by a further GBP 36 million investment in Nissan Sunderland Plant. On August 3, Nissan announced it has entered into a definitive agreement to sell its electric battery operations and production facilities to the Envision Group, which agreed to acquire Nissan subsidiary Automotive Energy Supply Corporation (AESC) and battery manufacturing operations in Smyrna, Tennessee, owned by Nissan North...

OEM Plants  Updated at: 2025/05/20

and have an annual production capacity of 6,000 fuel-efficient and 4,000 new energy buses. The objectives of the company are to achieve sales of 18 billion yuan in 2012 and to occupy a 25% share in the domestic middle and large-sized bus market. Zhengzhou Yutong Bus announced on May 22 that it will acquire 100% shares of Zhengzhou Jingyida Auto Parts Co., Ltd. owned by its parent, Zhengzhou Yutong Group Co., Ltd. and Lions Bus Co., Ltd. operating...

OEM Plants  Updated at: 2025/05/19

llion to MBSA. Mercedes-Benz South Africa (MBSA) will reportedly start production of the C350e plug-in hybrid at the company's East London Plant in South Africa. The C350e would be available in the local market towards the end of the year. Mercedes-Benz South Africa (MBSA) was reportedly looking to acquire some land adjacent to its facility in East London in South Africa, as part of a strategic review of the plant's layout. Government and the loc...

OEM Plants  Updated at: 2025/05/19

in Gaydon, Warwickshire and St Athan, Wales. On January 8, Aston Martin announced that it has confirmed production of a strictly limited number of the stunning new V12 Speedster. The car will make its global debut later this year, with discerning drivers around the world offered the opportunity to acquire this visceral celebration of the British sports car brand’s proud past and exciting future. The new car’s design, while modern and dynamic...

OEM Plants  Updated at: 2025/05/19

BAIC Yunnan Ruili Automotive Co., Ltd. Baic Orv: SUV BJ40; BEIJING: EV EU5; MPV Daoda V2 (production ended), MPV Daoda V8 (production ended); BAIC Group's Yunnan plant(Ruili City, Yunnan Province) - The company was established on Dec 20, 2013. 仮 BAIC Group completes construction on Riuli Plant BAIC Ruili launches all-new Daoda V8 MPV BAIC Motor acquires 100% BAIC International shares and 24.78% BAIC Ruili shares from BAIC Group Auto China 2...

OEM Plants  Updated at: 2025/05/19

t, Chongqing Landian starts accepting pre-orders for new Landian E5 midsize plug-in hybrid SUV Landian officially launches new Landian E5 midsize plug-in hybrid SUV Seres establishes Landian Auto in Chongqing DFSK Motor launches "Fengguang 580" urban SUV DFSK Motor to relocate Shiyan Plant Sokon to acquire 50% DFSK share held by Dongfeng Moto eGT New Energy Auto plans to use DFSK Motor's old plant to manufacture new energy vehicles CSRC approves ...

OEM Plants  Updated at: 2025/05/19

approx. USD 150 million) Mercedes-Benz starts GLA production in Iracemapolis Mercedes-Benz C 300 Sport is C-Class flagship in Brazil Mercedes-Benz inaugurates BRL 90 million proving ground in Iracemápolis, Brazil Mercedes-Benz produces 20,000 vehicles in Iracemápolis, Brazil Great Wall Motors acquires Daimler’s plant in Iracemápolis Great Wall presents plans for former Mercedes-Benz plant in Iracemápolis, Brazil Great Wall to invest BR...

OEM Plants  Updated at: 2025/05/16