n 2027. The Foggia bus assembly plant will maintain stable volumes at around 900 vehicles. Overall, weak demand in 2025 may affect temporary workers and require careful attention to employment and redundancy impacts. However, no plant restructuring is planned, and Iveco is urged to eliminate staff leasing contracts. On April 18, the FIOM-CGIL union announced that the workers at several Stellantis plants (Mirafiori, Verrone, Pratola Serra, Termol...

OEM Plants  Updated at: 2026/04/01

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: 2026/03/30

measure parts have been completed, production and acceptance of applications will resume. In Japan, all "bZ4X" models are being sold on a lease basis. Applications for corporate customers will be accepted on October 7, while those for individuals through the "KINTO" subscription service (one of the leasing options) will resume on October 26. Toyota filed another recall notification on October 6 after the cause of the defect was discovered. A tota...

OEM Plants  Updated at: 2026/03/27

hip rear-wheel-drive model will not go on sale. The show car boasts a turbo-charged 2.0-liter Theta GDI engine that generates upgraded maximum output of 300ps. Hyundai announced on May 20 that the first retail sale of the Tucson Fuel Cell is expected within the next several weeks. Under the Hyundai leasing program, approved lessees can drive Hyundai’s next-generation Tucson Fuel Cell for just $499 per month, including unlimited free hydrogen re...

OEM Plants  Updated at: 2026/03/25

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: 2026/03/25

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 October 25, according to Chery Commercial Vehicle, QQ Ice Cream, the first model under the Chery Q...

OEM Plants  Updated at: 2026/03/23

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: 2026/03/19

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 Ma...

OEM Plants  Updated at: 2026/03/17

ith ADAS (Advanced Driver Assistance System). Equipped with a 31.3kWh lithium-ion battery (nominal capacity, 28kWh usable capacity), the power performance is the same as the previous model, obtaining a driving range of 140km (NEDC mode). To reduce the initial cost at the time of purchase, a battery leasing plan can be selected....

OEM Plants  Updated at: 2026/03/13

er Delta area and the Beijing-Tianjin-Hebei region to expand its business in the hydrogen fuel cell commercial vehicle market in China. Hyundai Motor signed an MOU with Shanghai Electric Power Co., Ltd., Shanghai Sunwise New Energy System Co., Ltd., and Shanghai Ronghe Electric Technology Financial Leasing Co., Ltd., with the aim of establishing a hydrogen fuel cell commercial vehicle platform in the Yangtze River Delta area, in an attempt to sup...

OEM Plants  Updated at: 2026/03/11

on will start shortly in Sunderland in the UK. At the same time, the high-tech lithium-ion batteries are already being produced at a new facility nearby on the Sunderland site. Nissan announced the new pricing structure of its all-electric Leaf for UK market on April 11. For the first time, battery leasing is available for buyers. Buyers will be able to get behind the wheel of an entry-level Visia Leaf on that basis for 15,990 pounds (after recei...

OEM Plants  Updated at: 2026/03/09

Whereas the XC40 name remains the same for internal combustion-powered variants of the model. The company will also change Recharge badging with the T6 or T8 suffix, indicating varying power levels. Volvo India announced it had been awarded a supply contract for 120 heavy-duty truck "FM" from Vijay Leasing. They will be used for mines of coal and iron ore in the southern part of the country. UD Trucks Corporation (formally Nissan Diesel Motor) an...

OEM Plants  Updated at: 2026/03/06

sly used across Mack’s Class 8 product line. Mack Protect is available in three packages with several new safety technologies never before offered. On November 24, Mack Trucks announced it has delivered the first ten of its Pioneer flagship trucks to Wayne Smith Farms and Cooley Transport/Maloney Leasing. Cooley has four more trucks on order. Mack began production of the Class 8 Pioneer at the Lehigh Valley Operations manufacturing facility in ...

OEM Plants  Updated at: 2026/03/06

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: 2026/03/04

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: 2026/02/27

% in March, and to 40% by July within the ASEAN area, including Indonesia. The company is planning to invest not only 40 billion rupee initially, but also additional 10 billion rupee in production of left-hand drive models and exports to ASEAN. Hyundai Indonesia announced to inaugurate "First Rent" leasing service. The leasing period ranges from one to three years. After termination of the leasing period, a leased car can be bought at its residua...

OEM Plants  Updated at: 2026/02/25

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 Ap...

OEM Plants  Updated at: 2026/02/24

P 360 million on additional land and constructed its own container yard and material handling operations (MHO) warehouse, increasing the total land area of its Santa Rosa plant from 21 hectares to around 23 hectares and building area from 83,000 sqm to 120,500 sqm. For the past years, MMPC has been leasing three storage facilities outside of its plant for the stockpile of completely knocked down (CKD) units and locally developed parts. The constr...

OEM Plants  Updated at: 2026/02/24

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: 2026/02/18

and buildings, vehicle manufacturing plant, machinery and equipment and transfer of all eligible employees of FIPL Sanand vehicle manufacturing operations, subject to the signing of definitive agreements and receipt of relevant approvals. FIPL will operate its powertrain manufacturing facilities by leasing back the land and buildings of the powertrain unit from TPEML. TPEML would invest in new machinery and equipment which is necessary to commiss...

OEM Plants  Updated at: 2026/02/13