- Acquired by Hyundai Motor in November of 2020. - As of November 2018, under negotiation with several companies to sell off the plant. - Production suspended in the middle of 2015. - Investment: USD 300 million. - Capacity in 2015 - 100,000 units. Art-Finance LLC completes acquisition of Hyundai's Russian assets Russia plans to restart former GM-Hyundai plant by 2026 Opel Group has announced that it will scale down its p...

OEM Plants  Updated at: 2026/05/22

ased. As part of the plan BAIC intended to acquire Zotye Holding Group to create a production base in eastern China. However, Zotye Group did not accept the plan and the talks came to a deadlock. The two companies will resume negotiations to form a tie-up agreement regarding vehicle models, not the acquisition of Zotye Holding Group. Beijing Automotive Group Co., Ltd. (BAIC) and Daimler signed a Letter of Intent on November 2, 2011 in Stuttgart, ...

OEM Plants  Updated at: 2026/05/22

itu, WEY Mocha Great Wall Holding’s autonomous driving subsidiary unveils 10 latest autonomous driving products during brand event Great Wall Motor launches all-new Haval H4 compact SUV Great Wall Motor takes over a plant in Brazil and releases Brazil strategy Zotye Auto denies Great Wall Motor's acquisition of its Linyi plant Great Wall Motor to complete first zero-carbon plant by 2023 and launch over 50 NEV models by 2025 Hanteng Auto may app...

OEM Plants  Updated at: 2026/05/22

only with a 1.0L 16V engine producing the output of 74 hp. The suggested retail price is BRL 30,990. Nissan opened the Resende plant in April 2014 and started production of the March there. But the company had continued to import the Active version from the Aguascalientes plant in Mexico. With the acquisition of new tooling for the Resende plant, Nissan Brazil has started production of the Active version and stopped importing from Mexico. On Aug...

OEM Plants  Updated at: 2026/05/21

he facility, with capacity to produce 230,000 vehicles annually, is being vacated as Nissan restructures and Mercedes-Benz relocates GLB production to Hungary. VinFast is also a finalist, while Chery and Great Wall Motor were among the nine companies that initially expressed interest. The potential acquisition reflects China’s efforts to expand manufacturing in Mexico at a time when U.S. tariffs on Mexican-made vehicles are pressuring the count...

OEM Plants  Updated at: 2026/05/21

ranging from KRW 18.5 million to KRW 24.5 million as they are entitled to a subsidy of KRW 15 million from the Ministry of Environment of South Korean Government and an additional subsidy of up to KRW 9 million from the municipal government. Exclusively in 2014, electric vehicles are exempted from acquisition tax (up to KRW 1.4 million) and public bond purchase obligation (up to KRW 2 million for the purchase of urban rail bond and up to KRW 1.5...

OEM Plants  Updated at: 2026/05/21

ted a LOI regarding M&A of Ssangyong Motor. Due to brisk sales, annual production capacity of 250,000 units at the Busan plant has reached its limit but the company gave up constructing the second plant of the same scale in Busan. Renault intends to boost its manufacturing capacity at Busan through acquisition of Ssangyong Motor. Renault Samsung was planning to establish second plant at Pusan plant after 2005 and increase production capacity to 5...

OEM Plants  Updated at: 2026/05/21

erumbudur near Chennai. With of Industry 4.0 automation. HMIL's production facility integrates over 700 4th generation robots. The car is scheduled for a launch on July 10, 2023. On August 16, Hyundai Motor India Limited (HMIL) signed an asset purchase agreement (APA), in Gurugram, Haryana, for the acquisition and assignment of identified assets related to General Motors India (GMI)’s Talegaon Plant in Maharashtra. The APA covers the acquisitio...

OEM Plants  Updated at: 2026/05/21

ales mark in FY 2015-16 and 2 million in FY 2019-20. On October 17, Maruti Suzuki India Limited (MSIL) announced that its board has approved to issue of 12.32 million equity shares of the company to Suzuki Motor Corporation (SMC) for a price of INR 10.4 thousand per share as a consideration for the acquisition of 100% of equity shares of SMG (Suzuki Motor Gujarat). Post allotment of the subscriptions SMC, Japan holding would increase to 58.19% in...

OEM Plants  Updated at: 2026/05/20

is delayed. Expecting a demand increase in India, Maruti Suzuki will increase sales by establishing a new plant. The company attributed this delay to weak Indian rupee and sluggish economy in India. The delay is also attributable to the opposition movement of the residents who are against the land acquisition. On January 14, Suzuki Motor Corporation announced the development of the new Auto Gear Shift transmission and unveiled it in India. The A...

OEM Plants  Updated at: 2026/05/20

e a protest demonstration on May 19 in Kaithal, demanding reinstatement of 546 permanent and 1,800 contract workers, who were terminated. Multi Suzuki suggested the possibility of terminating production at its Manesar plant in Gujarat during the trial for payment of compensation related to the site acquisition of the plant. This seems to be a move to win concessions from the local government in order to avoid a significant raise of compensation. ...

OEM Plants  Updated at: 2026/05/20

3,100,000 up to 4,600,000 units (FY 2030- planning) (Source) The data are based on the figures released on the company's official website or media coverage.They may be revised as appropriate when the data is updated. - Investment Info: Total investment amount of INR 350 billion (excluding land acquisition cost) - Proposed final production capacity of 1 million vehicles - The plant will create over 12,000 direct jobs and 750,000 indirect op...

OEM Plants  Updated at: 2026/05/20

gentina Nissan announces proposal to close Barcelona Plant Nissan updates on operations in Europe Nissan updated on its industrial operations in Spain Daimler and Renault-Nissan Alliance deepen cooperation in 2016 Nissan announces future plans for small vans in Europe QEV, and Btech complete acquisition of Zona Franca land in Barcelona, Spain QEV, Spain and Spear Investments, Netherlands to finalize their joint venture agreement QEV Techno...

OEM Plants  Updated at: 2026/05/20

er on connecting smart cars with wearable devices XPeng Motors starts preorders for its new intelligent pure-electric coupe P7 at Auto Guangzhou 2019 XPeng Motors forms partnership with RTI in autonomous driving assistance systems XPeng Motors obtains vehicle production qualifications through Foday acquisition XPeng Motors will continue to adopt NVIDIA’s AI autonomous driving computing platform for its next-generation models XPeng Motors launch...

OEM Plants  Updated at: 2026/05/20

l purchase the land, buildings and associated assets of the Nissan facilities, including of its nearby stamping plant, in mid-2026. The agreement will see the majority of associated Nissan employees offered employment by Chery SA on substantially similar terms and conditions as today. Following the acquisition of the plant by Chery SA, Nissan will continue to offer vehicles and services to customers in South Africa, as before, with several new ve...

OEM Plants  Updated at: 2026/05/19

powered by Changan's new Blue core brand engine. In addition to C201, Changan Automobile's electric concept "clover" and the "sense" high-end car concept car, SUV and other models are also be exhibited in Frankfurt. Chongqing Chang' an Automobile Co., Ltd. said on November 10 that it has finalized acquisition that had been reported back in March, purchasing a 100 percent stake in Baoding Changan Bus Manufacturing Co., Ltd. owned by Chongqing Cha...

OEM Plants  Updated at: 2026/05/19

y, hundreds of second-life robots are now installed at Solihull, Halewood, and the EPMC in Wolverhampton, ready to produce JLR's next-generation electric vehicles and battery packs. The company has also developed a new digital management system to track the life of every vehicle program asset, from acquisition to sale, scrapping, and reuse. On August 5, Mercedes Benz announced that it has built its 600,000th G-Class SUV at the Graz, Austria plant...

OEM Plants  Updated at: 2026/05/19

three years. The investment amount is THB 250 million. On November 11, Chery Automobile and MTS Systems Corporation held an opening ceremony of a joint laboratory. The two companies will strengthen cooperation in technology development and testing on vehicle systems. The ranking of applications and acquisition of patents was announced for the fiscal year 2013. Chery Automobile was ranked 9th in the number of acquisition with 276 patents. Total nu...

OEM Plants  Updated at: 2026/05/19

ubishi Fuso Truck and Bus Corporation (MFTBC) announced it has launched a new variant for its Canter Eco Hybrid light-duty truck with smaller vehicle frame. It has a a shorter and narrower body by replacing battery cover and shortening rear overhang frame. Buyers can benefit from reduced automobile acquisition and weight taxes and can reduce annual vehicle inspection and vehicle insurance fees. It is priced at JPY 5,117,700, including consumption...

OEM Plants  Updated at: 2026/05/18

hina South "Beijing Automobile Works (Zhuzhou)" in Hunan Province will be expanded to 200,000 by March 2010, combining mini commercial vehicles, SUVs and MPVs. Koenigsegg Group AB agreed to receive capital infusion from Beijing Automotive Industry Holdings Co. Ltd. (BAIC) as part of fundraising for acquisition of Saab, and signed a memorandum of understanding with BAIC. The Chinese automaker will become a minority shareholder in Koenigsegg, but d...

OEM Plants  Updated at: 2026/05/18