orted that Audi's Brussels factory may resume operations next week. Initially, operations were scheduled to resume this week, but unions expect it to remain closed for at least another week. The final decision will be discussed with social partners on August 22, 2024. The plant faces closure due to overcapacity and high production costs, partly blamed on Belgium’s labor costs and the plant’s challenging location. While Audi is exploring alter...

OEM Plants  Updated at: 2025/05/23

ithin the next five years JLR will start production in China at its plant in Dalian, which was a planned site of Fuji Heavy Industries (FHI). Earlier, FHI was reported as a prospective joint venture partner of JLR. Meanwhile, Chinese government may not approve the JLR-Chery joint venture to control overcapacity. Jaguar Land Rover (JLR), operating under Tata Motors, has signed a memorandum of understanding with Chery Automobile on the establishmen...

OEM Plants  Updated at: 2025/05/16

ithin the next five years JLR will start production in China at its plant in Dalian, which was a planned site of Fuji Heavy Industries (FHI). Earlier, FHI was reported as a prospective joint venture partner of JLR. Meanwhile, Chinese government may not approve the JLR-Chery joint venture to control overcapacity. On December 13 Chery Automobile Co., Ltd. and SK Telecom of South Korea have established a collaborative experimental laboratory on the ...

OEM Plants  Updated at: 2025/04/14

plant will manufacture future NIO and Onvo models. President of NIO said that two existing NIO plants in Hefei have reached the designed single shift production capacities. As the two plants can no longer fulfill market demand with their capacities given the launch of new models, NIO is not facing overcapacity. On September 29, Nio Inc. (NIO) signed a strategic investment agreement with three existing shareholders of NIO Holdings Ltd. (NIO Holdi...

OEM Plants  Updated at: 2025/04/08

ence, and big data. The project will promote cooperation to facilitate the development of smart NEV (New Energy Vehicle) industry in Beijing. According to major media reports on March 7, Hyundai Motor Corporation stated that it might stop production at Beijing Hyundai’s first plant, due to severe overcapacity as a result of a sharp sales decline in the Chinese market. The automaker now has three plants in Beijing. According to a statement relea...

OEM Plants  Updated at: 2025/03/28

the lineup with the technology by 2025. The company will also cooperate with top ICT (Information and Communication Technology) enterprises. According to major media reports on March 7, Hyundai Motor Corporation stated that it might stop production at Beijing Hyundai’s first plant, due to severe overcapacity as a result of a sharp sales decline in the Chinese market. The automaker now has three plants in Beijing. According to a statement relea...

OEM Plants  Updated at: 2025/02/21

plant will manufacture future NIO and Onvo models. President of NIO said that two existing NIO plants in Hefei have reached the designed single shift production capacities. As the two plants can no longer fulfill market demand with their capacities given the launch of new models, NIO is not facing overcapacity....

OEM Plants  Updated at: 2024/10/17

ithin the next five years JLR will start production in China at its plant in Dalian, which was a planned site of Fuji Heavy Industries (FHI). Earlier, FHI was reported as a prospective joint venture partner of JLR. Meanwhile, Chinese government may not approve the JLR-Chery joint venture to control overcapacity. Jaguar Land Rover (JLR), operating under Tata Motors, has signed a memorandum of understanding with Chery Automobile on the establishmen...

OEM Plants  Updated at: 2024/08/01