unch a non-banking finance company (NBFC) in the country and will invest USD 50 million initially. The new entity Daimler Financial Services India (DFSI) will be a 100% subsidiary of the German company and is expected to be operational by the third quarter of this year. The company will offer loan, leasing, insurance and financing services for Mercedes-Benz dealers. Daimler AG will launch price-competitive A-class and B-class cars made in India i...

OEM Plants  Updated at: 2025/10/17

ic cooperation projects are as follows:1) Establishing a battery management technology company: Dongfeng Motor, FAW, Three Gorges, and Wuhan Economic & Technological Development Zone (WEDZ) jointly invests CNY 0.8 billion to establish a battery management technology company which focuses on battery leasing, operation, big data analysis and management, technical services, gradual utilization of batteries and so on. 2) Starting the second phase of...

OEM Plants  Updated at: 2025/10/16

with Chery Commercial Vehicle (Anhui) Co., Ltd. The new company was registered with an initial capital of CNY 100 million, with Chery holding a 65% share and Roshow holding the remaining 35%. The new company is Chery Group’s only NEV sales platform, and will be responsible for sales, management, leasing, and service of vehicles in the segment. On March 5, Jetour launched Jetour T2, the first all-wheel drive model in the Jetour line, in Russia....

OEM Plants  Updated at: 2025/10/16

ISL) announced that for Stellantis' Atessa plant, the production of commercial vehicles in the first nine months of 2023 increased by 9.8% y-o-y to 166,850 units. In recent days, approximately 100 workers with temporary contracts have been brought on board, and during September, 40 of the 180 staff leasing workers secured permanent Stellantis contracts. On December 4, Toyota unveiled the all-new PROACE MAX, its first large-sized commercial van in...

OEM Plants  Updated at: 2025/10/15

logistics and cold chain vehicles in which Farizon is involved, and relying on GLP’s 70 regional markets, over 400 logistics warehouse infrastructures, and rich industrial ecological resources in China, Hidden Hill Capital, the lead investor of the financing, supports Farizon in vehicle sales and leasing, cold chain vehicle promotion and new business model exploration in customer development and urban delivery. Also, Farizon announced its carbo...

OEM Plants  Updated at: 2025/10/10

uling Indonesia) was registered and set up in Indonesia on 17 March. The company is an indirect wholly-owned subsidiary of Liuzhou Wuling Motors Industrial Limited. The Wuling Group is planning to construct an automobile parts plant in Indonesia. The Wuling Group is currently in negotiation for the leasing of certain factory premises located in Jakarta. Based on the current plan, the construction the plant will commence in the second half of 2016...

OEM Plants  Updated at: 2025/10/08

uropean based logistics provider and semi-industrial real estate, announced that it has, purchased three plots in Rüsselsheim am Main, Germany, totaling over 700,000 square meters from Stellantis. Stellantis is optimizing its Opel production site in the Rüsselsheim plant. The company is initially leasing back the properties before gradually releasing them for redevelopment. Opel revealed photos and concepts of its subcompact SUV "Mokka" on Janu...

OEM Plants  Updated at: 2025/10/08

The company also plans to double the number of service locations by the end of 2013 compared with 29 locations at the end of 2012. Tesla announced on April 2 that, in partnership with Wells Fargo and US Bank, it has created a new automotive financing that provides the best elements of ownership and leasing to customers of Model S. After 36 months, the owner has the right, but not the obligation to sell his or her Model S to Tesla for the same res...

OEM Plants  Updated at: 2025/10/07

15,000 people who have been registered on the website opened specifically for the order processing procedure. While sales prices of the electric car start at 32,780 dollars, the net price will be 25,280 dollars when the government subsidy of 7,500 dollars is taken into account. Nissan also offers a leasing plan. Nissan held a ground breaking ceremony to mark the start of construction of a new plant for batteries used in the electric car "Leaf." A...

OEM Plants  Updated at: 2025/10/03

ry M-Hybrid system, the e-SKYACTIV G, delivers excellent fuel economy thanks to the engine assisted motor. Production of the model began at the Mazda Motor Hiroshima Plant Ujina Plant No. 1 in August. The company aims to sell 1,000 units per month. In the Japanese market, the company plans to begin leasing the MX-30 EV model in January 2021. According to Mazda Motor Corporation's official website, production of the 124 Spider sports car for Fiat ...

OEM Plants  Updated at: 2025/10/02

of 60,000 passenger cars, and build a new factory after 2010. 2. Export the new pickup truck "Triton" to China, Russia and Japan. 3. Launch a small model in accordance with demand in adjacent countries. Mitsubishi Motors (Thailand) signed with Port Authorities of the Department of Transportation a leasing contract of a 320,000 square-meter land adjacent to the plant. Development of the land, which will be used as a storage area for vehicles prio...

OEM Plants  Updated at: 2025/09/30

d sell hydrogen-powered vehicles Beijing Borgward files for bankruptcy and liquidation Beiqi Foton to set up joint venture focusing on New Energy Commercial Vehicles Beiqi Foton and SinoHytec jointly establish a New Energy Vehicle company in Beijing Foton Motor to establish JV with CATL for battery leasing business All BAIC Group subsidiaries resume operations Beijing Borgward officially declares bankruptcy Foton Motor releases multiple new produ...

OEM Plants  Updated at: 2025/09/29

ne maker Meizu Geely Commercial Vehicles and Gansu Construction Investment Heavy Industry sign strategic agreement Geely acquires phone maker Meizu Geely Auto opens reservations for Binyue Cool small SUV Geely Auto launches Binyue Cool small SUV Geely’s commercial vehicle arm and Yuexiu Financial Leasing establish a CNY 3 billion cooperation on battery swapping heavy trucks 2022 Chengdu Motor Show: Lynk & Co launches Lynk & Co 01 EM-P compact p...

OEM Plants  Updated at: 2025/09/29

tor Passenger Vehicle now serving as a pilot division. In the field of battery recycling, SAIC Motor is exploring a business model that separates cars and batteries based on battery lifecycle management and has established SEPT New Energy Technology (ENERGIEX). ENERGIEX will focus on the EV battery leasing business, with its business scope including development and promotion of battery swapping technology, battery operation management, etc. On Ju...

OEM Plants  Updated at: 2025/09/25

logistics and cold chain vehicles in which Farizon is involved, and relying on GLP’s 70 regional markets, over 400 logistics warehouse infrastructures, and rich industrial ecological resources in China, Hidden Hill Capital, the lead investor of the financing, supports Farizon in vehicle sales and leasing, cold chain vehicle promotion and new business model exploration in customer development and urban delivery. Also, Farizon announced its carbo...

OEM Plants  Updated at: 2025/09/25

logistics and cold chain vehicles in which Farizon is involved, and relying on GLP’s 70 regional markets, over 400 logistics warehouse infrastructures, and rich industrial ecological resources in China, Hidden Hill Capital, the lead investor of the financing, supports Farizon in vehicle sales and leasing, cold chain vehicle promotion and new business model exploration in customer development and urban delivery. Also, Farizon announced its carbo...

OEM Plants  Updated at: 2025/09/25

y. Lifan Group will pay net asset value of Besiney as of June 30, 2012, to Effa Motors, current shareholder of Besiney, while taking over debts worth approximately US$32.2 million that Besiney owes. Besiney S.A., based in San Jose, develops multiple businesses including finance, engineering, trade, leasing, construction and provision of services. Lifan Group intends to step up exports to Brazil, Argentina, Venezuela and other Mercosur countries. ...

OEM Plants  Updated at: 2025/09/25

vice, customization, the operation and management of connected vehicles, and the application of autonomous driving technology. In addition, the two parties will also cooperate and explore new business models in marketing, aftersales, and services including smart charging, refueling, car sharing and leasing, as well as finance. On July 28, GAC held the GAC Intelligent Technology Conference in Shenzhen. During the conference, GAC officially release...

OEM Plants  Updated at: 2025/09/25

es (198 km) in the LA-4 mode. The car and its key functions can be controlled remotely by interactive remote and smartphone devices. The Fit EV will be delivered to the City of Torrance, Stanford University and California Google, with which testing on public roads will be conducted.. Sales based on leasing arrangement will start for general consumers in summer 2011with sales targeted at about 1,100 cars within three years. Honda Motor Co. has rep...

OEM Plants  Updated at: 2025/09/24

es, the CV Series is built with the same duarbility as International’s larger trucks. International’s CV Series is similar to, and is built alongside, Chevrolet’s 2019 Silverado 4500HD, 5500HD, and 6500HD trucks at Navistar’s Springfield, Ohio plant. On October 11, Navistar and Penske Truck Leasing announced the anticipated first U.S. delivery of the International eMV Series medium duty truck to Penske Corp. The eMV Series is manufactured...

OEM Plants  Updated at: 2025/09/24