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GlobalData blog: GlobalData revises forecasts down on Middle East conflict
onomic assumptions that currently underpin our LV market forecasts are that the current energy price shock will ease markedly beyond the next few months, with oil prices well below $100 per barrel for Q2 and finishing the year not far off levels seen before the crisis began. That would still impact CPI on a global basis, though the overall drag on global GDP growth would likely be of the order of 0.1-0.2 percentage points (pp). Recent comments by...
News Updated at: 2026/03/26
Ford Motor, Michigan Assembly Plant[USA]
ne engine rated at 155ps and 145ft-lb torque, or a 4-cylinder direct-injection turbo engine "EcoBoost." Ford is planning to enter into mass production of its "Focus Electric" for launching in the U.S. market starting in 2012. Lithium-ion batteries and packs will be procured from Compact Power Inc. (CPI), a subsidiary of LG Chem. Ford will display the "Focus ST," a sporty version of the "Focus" at the Paris Motor Show. The high-performance car wit...
OEM Plants Updated at: 2026/03/02
Global Top 10 Countries Sales Forecast (Q4 2025)
to a slower market overall, but we have not observed a cliff-edge scenario where sales collapse due to tariffs. In fact, vehicle pricing has shown very little direct impact from tariffs, reaching $46,205 in November. While this was up by 2.0% YoY, it should be remembered that this is actually below CPI inflation in the economy as a whole over the past year. Though tariffs have continued to be much-discussed throughout much of this year, it could ...
Market & Tech Reports Updated at: 2026/01/30
GM Brownstown Battery and GM/Honda Fuel Cell System Manufacturing, LLC (FCSM)[USA]
formed testing on the battery packs using lithium-ion battery cells provided by LG Chem since 2007. The battery is designed to work at temperatures between minus 25 degrees C and 50 degrees C. GM started battery pack prototype production on 7th January. LG Chem's U.S. subsidiary Compact Power Inc. (CPI) will invest 300 million dollars to construct a plant in Holland, Michigan to produce battery cells for installation in the "Chevrolet Volt." Cons...
OEM Plants Updated at: 2026/01/21
Eagle Industry Co., Ltd.
Dec. 1993 Established Eagle Techno East Japan Co., Ltd. Apr. 1998 Eagle Machine Works Co., Ltd. and Eagle Precision Co., Ltd. were merged, forming Niigata Eagle Co., Ltd. (This company is currently called EagleBurgmann Industries, Ltd.) Apr. 2000 Entered into an exclusive sales agreement with CPI (U.K.) Sep. 2002 Established Eagle Industry Wuxi Co., Ltd. (China) in order to manufacture mechanical seals, reed valves, and other products. ...
Major Suppliers Updated at: 2025/12/03
Iveco Espana, S.L., Madrid Plant[Spain]
proposal, prompting criticism from the Committee representing 3,000 workers. Unfortunately, the company showed no willingness to negotiate. The RLPT (Legal Representation of Workers), representing workers, presented basic points agreed upon by the Works Committee, addressing worker demands such as CPI Clause, purchasing power recovery, salary recovery, reduced summer hours, flexible working hours, and others. Despite Iveco's significant profits ...
OEM Plants Updated at: 2025/11/28
Howmet Aerospace Inc.
spun off and renamed Howmet Aerospace. Dec. 2023 Announced an investment of EUR 44.9 million to expand its Howmet-Köfém’s site in Szekesfehervar, Hungary. Alcoa launches new project for sustainability research Alcoa to expand its Wheel and Transportation Products business Alcoa and CPI to form joint venture for aluminum products Alcoa to expand aluminum plant in Iowa, U.S. Alcoa supplying new aluminum sheet alloy for Russian tra...
Major Suppliers Updated at: 2025/09/16
Ford Otomotiv Sanayi A.Ş. (Ford Otosan), Yeniköy Plant (Kocaeli Plant) [Turkiye]
employees with hourly wages below TRY 65 (ca. USD 2.1) will see an adjustment to meet the minimum threshold of TRY 65. Additionally, all employees will receive a relative raise of 32%, followed by a fixed increase of TRY 30 per hour. For the second six months, wages may see an extra increase if the CPI exceeds 30%. Whereas for the third and fourth six-month periods, the wages will rise by CPI + 3 points....
OEM Plants Updated at: 2025/09/02
Johnson Matthey PLC
cently made a commitment to achieve net-zero emissions by 2040 and became a signatory to the Business Ambition for 1.5C, making it a member of the UNFCCC’s “Race to Zero” campaign ahead of COP26. (From a press release on June 18, 2021) Johnson Matthey (JM) announced that it has teamed up with CPI, an independent technology innovation centre and Thomas Swan to explore how to best optimise battery technology. The ICE-Batt project receives fun...
Major Suppliers Updated at: 2025/08/06
Ford Otomotiv Sanayi A.Ş. (Ford Otosan), Gölcük Plant (Kocaeli Plant)[Turkiye]
employees with hourly wages below TRY 65 (ca. USD 2.1) will see an adjustment to meet the minimum threshold of TRY 65. Additionally, all employees will receive a relative raise of 32%, followed by a fixed increase of TRY 30 per hour. For the second six months, wages may see an extra increase if the CPI exceeds 30%. Whereas for the third and fourth six-month periods, the wages will rise by CPI + 3 points. Ford is recalling 16,330 "Transit Connect"...
OEM Plants Updated at: 2025/07/18
Ford Otomotiv Sanayi A.S., Ford Motor Turkey[Turkiye]
employees with hourly wages below TRY 65 (ca. USD 2.1) will see an adjustment to meet the minimum threshold of TRY 65. Additionally, all employees will receive a relative raise of 32%, followed by a fixed increase of TRY 30 per hour. For the second six months, wages may see an extra increase if the CPI exceeds 30%. Whereas for the third and fourth six-month periods, the wages will rise by CPI + 3 points....
OEM Plants Updated at: 2025/05/27
Ford Otomotiv Sanayi A.Ş. (Ford Otosan), Eskisehir (Inonu) Plant [Turkiye]
employees with hourly wages below TRY 65 (ca. USD 2.1) will see an adjustment to meet the minimum threshold of TRY 65. Additionally, all employees will receive a relative raise of 32%, followed by a fixed increase of TRY 30 per hour. For the second six months, wages may see an extra increase if the CPI exceeds 30%. Whereas for the third and fourth six-month periods, the wages will rise by CPI + 3 points. On 28 January Ford announced the Cargo 184...
OEM Plants Updated at: 2025/05/27
Hanma Technology Group Co.,Ltd. (formerly Hualing Xingma Automobile (Group) Co., Ltd.)[China]
ry to pledge its assets to secure CNY 150 million financing Hanma Technology to invest CNY 30 million in establishing engine subsidiary Hualing Xingma joins five other companies to form China Electric Heavy Truck Green Alliance Hualing Xingma, Caofeidian District government and a company held by CPI Ronghe form partnerships in production and operation of battery-replaceable heavy trucks Hualing Xingma forms strategic partnership with CATARC su...
OEM Plants Updated at: 2025/04/16
CPI (KL) Sdn. Bhd.
CPI (KL) Sdn. Bhd. Malaysia Other seat belt parts Assembly Paint coating Plastic injection molding Various processes Other general parts Insert molding Spray painting Pad printing Silk screen printing Hot Stamping ISO9001...
Search Suppliers Updated at: 2025/03/17
CPI (Penang) Sdn. Bhd. - EMS Division
CPI (Penang) Sdn. Bhd. - EMS Division Malaysia Assembly Various Electrical / Electronic parts EMS (Electronics manufacturing service) ...
Search Suppliers Updated at: 2025/01/09
CPI (Penang) Sdn. Bhd.
CPI (Penang) Sdn. Bhd. Malaysia Plastic injection molding Assembly Paint coating ISO14001 ISO9001 IATF16949 (Formerly ISO/TS16949)...
Search Suppliers Updated at: 2025/01/09
UGT Trade union signs Collective Agreement Extension with Renault Spain until 2025
t until 2025 with the Renault Spain management. After a 91.33% vote ratified the Agreement in Principle on November 7, 2024. UGT aims to continue securing benefits for all Renault Spain workers, including: Job security, with 100 permanent contracts this year. A recovery in purchasing power, with a CPI increase plus 1% and an upward revision clause, expecting a 3.1% rise from January. Social benefits The agreements are approved by workers throug...
News Updated at: 2024/11/13
Paik Kwang Industrial inaugurates electrolyte material plant in Saemangeum, South Korea
had inaugurated the company’s first plant in the Saemangeum Industrial Complex to produce electrolyte materials for secondary batteries. The South Korean company plans to invest KRW 300 billion (JPY 33 billion) by 2028. This plant will annually make electrolyte materials, phosphorus trichloride (CPI3) and phosphorus pentachloride (CPI5), totaling 10 tons per year. It will then deliver them to a secondary battery manufacturer at home and abroad...
News Updated at: 2024/11/07
Renault do Brazil on strike
g an immediate return to work under a penalty of BRL 40,000 per day, but the workers decided to continue. Despite the strike being declared illegal, Renault offered an agreement that includes a two-part payment of the 2024 Profit Sharing Program, a salary increase based on the Consumer Price Index (CPI) starting in September, the hiring of 50 additional workers within 20 business days following the agreement's conclusion, and conditions related t...
News Updated at: 2024/05/21
Iveco Madrid’s Workers Committee unions prepare strikes over stalled negotiations
ing strike calls, contingent on genuine negotiation efforts from the company. Unfortunately, the company showed no willingness to negotiate. The RLPT (Legal Representation of Workers), representing workers, presented basic points agreed upon by the Works Committee, addressing worker demands such as CPI Clause, purchasing power recovery, salary recovery, reduced summer hours, flexible working hours, and others. Despite Iveco's significant profits ...
News Updated at: 2024/04/05



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