llion 2013: USD 86 million - The plant built trucks and buses until 2001, now concentrated on powertrain components - Number of Employees: 520 (as of Jul, 2025) - Year opened: 1976 Scania Argentina reopens plant in Tucumán on April 27 Scania Argentina investing USD 8 million to increase capacity by 20% Scania invests BRL 2.6 billion for 2019 production of new trucks in São Bernardo, Brazil Scania to invest USD 35 million in Tucumán plan...

OEM Plants  Updated at: 2025/07/12

Tesla slashes tariff prices, imports Model Y from Germany to Canada As of July 11, Tesla has slashed prices on the Model Y in Canada as sales in the country have virtually gone to zero over the last few months.  As part of its counter-tariff strategy, Canada imposed a 25% “counter-measure surtax” on all passenger cars and light trucks from the U.S. since April 9. This move, on top of brand damage caused by Elon Musk, has severely curtailed T...

News  Updated at: 2025/07/12

Tesla marking formal entry into India with Mumbai launch event On July 10, Tesla announced to media that it will host a one and a half hour launch event for the Tesla “Experience Center” showroom in the Maker Maxity Mall at the Bandra Kurla Complex in Mumbai, marking the first official foray by Tesla into India. The Mumbai showroom's first week will be reserved for VIPs and business partners, according to sources. Visitors will be able to che...

News  Updated at: 2025/07/12

Nissan reported in early talks to supply vehicles to Honda in U.S. Nissan is in early talks to build pickup trucks for Honda in the U.S. at its under-utilized plant in Canton, Mississippi, according to reports from Japan. A person familiar with the matter said that building vehicles for Honda at Canton is one of several options on the table to increase production capacity at Canton. If a deal materializes, the person said, Nissan could develop an...

News  Updated at: 2025/07/12

Toyota Tsusho America completes acquisition of Radius Recycling On July 10, Toyota Tsusho America, Inc., a subsidiary of Toyota Tsusho Corp., announced it has completed the acquisition of Radius Recycling, Inc., a leading North American recycling company with a network of over 100 locations.  The transaction advances key Toyota Tsusho strategic goals in building a circular economy focused on recycling throughout the automobile lifecycle, as well...

News  Updated at: 2025/07/12

Webasto to idle plant in New Hudson, Michigan, cut 134 jobs On July 8, Webasto Americas said it plans to cut 134 workers in the Detroit area because of declining vehicle volumes, marking the company’s latest mass layoff tied to reduced production. Webasto said its plant in New Hudson, Michigan, west of Detroit, will be “temporarily idled.” The layoffs are expected to take place August 19, according to a WARN Act notice to the state posted o...

News  Updated at: 2025/07/12

Superior Industries to be acquired by investors after OEM contract disruptions On July 8, Superior Industries International, Inc., whose customers have included Ford and General Motors, announced it has entered into definitive agreements to be acquired by a group of its term loan investors, including Oaktree Capital Management.  Superior Industries disclosed to investors in May that in addition to a USD 13 million net loss in the first quarter, ...

News  Updated at: 2025/07/12

IAA Mobility 2025: Mercedes Benz tests new electric GLC ahead of global debut On July 10, Mercedes Benz announced that its CEO has tested the new electric GLC, featuring EQ technology, at the Technology Centre in Sindelfingen, Germany. He takes it through five challenges, highlighting its stylish design, versatility, and smooth drive. Mercedes Benz will reveal more details about the electric GLC at the IAA motor show in Munich on September 7, 202...

News  Updated at: 2025/07/11

IAA Mobility 2025: Volkswagen Group to unveil affordable EVs and advance technologies On July 10, Volkswagen Group announced that it will showcase new technologies and several world premieres at IAA Mobility 2025 in Munich in September 2025. The theme is “Tech for the People,” focusing on bringing the best vehicles, technologies, and digital services. Before the IAA officially begins, Volkswagen will launch its next-generation affordable elec...

News  Updated at: 2025/07/11

Opel launches next-gen Grandland for South African market On July 9, Opel unveiled the next-generation Grandland for the South African market. The new Grandland brings design elements from the Opel Experimental concept, including the 3D Vizor and illuminated Griffin logo. Grandland GS Line 1.6T comes with a 1.6-litre turbo gasoline engine which generates output of 134 kW and 240 Nm of torque, paired with an automatic gearbox.It measures 4,650mm x...

News  Updated at: 2025/07/11

Renault unveils new Boreal C-SUV for global markets as part of expansion strategy On July 10, Renault revealed the new Boreal, a C-segment SUV designed for markets outside Europe. It’s part of Renault’s global growth strategy, aiming to strengthen its presence in over 70 countries. The model plays a key role in Renault’s International Game Plan 2024-2027, which includes an investment of EUR 3 billion to launch 8 new models outside Europe—...

News  Updated at: 2025/07/11

Maserati unveils MCPURA supercar at 2025 Goodwood Festival of Speed, UK On July 10, Maserati unveiled its new MCPURA supercar at the 2025 Goodwood Festival of Speed, UK. The model is an evolution of the MC20 model. The model comes with 3.0-litre twin-turbo V6 Nettuno engine, which generates output of 630 hp and 720 Nm of torque. Its innovative Formula 1-inspired pre-chamber combustion system with twin spark plugs gives it great power and efficien...

News  Updated at: 2025/07/11

Tosyali Iron and Steel Complex, Algeria to produce flat iron for the automotive industry On July 9, the Minister of Industry, Algeria visited the Tosyali iron and steel complex in the municipality of Bethioua, Oran. Tosyali iron and steel complex is working on a new expansion project for flat iron production for the automotive and vehicle industry. It will help to develop the local supply chain for the automotive industry and reduce dependence on...

News  Updated at: 2025/07/11

India plans incentive scheme for rare earth magnet production On July 11, multiple sources reported that the Ministry of Heavy Industries stated that the Indian government is working on a scheme to incentivise domestic magnet production. It is currently under inter-ministerial consultation. It will have a financial allocation of INR 13.45 billion.  Based on multiple sources ...

News  Updated at: 2025/07/11

Tata Steel UK secures funding for AI-powered research to develop low-CO2 automotive steel On July 9, Tata Steel UK announced a new research initiative, ADAPT-EAF (Accelerating the Development of Automotive and Packaging steel Technology for Electric Arc Furnace production) aimed at developing a new generation of advanced steel products from its EAF. It will address controlling residual elements in high-recycled-content steel for demanding applica...

News  Updated at: 2025/07/11

IAV, Germany establishes shielded test chamber for cybersecurity in operation On July 7, IAV announced that it has established a test chamber at the Gifhorn site that is hermetically shielded from radio networks. Vehicles up to the size of medium-duty vehicles, such as the largest version of a VW Crafter or Ford Transit, can fit in the "shielding chamber." It is part of the Cybersecurity Lab.  Since no radio waves penetrate inside, none escape o...

News  Updated at: 2025/07/11

IAA MOBILITY 2025: Valeo to present next-generation automotive technologies On July 11, Valeo announced that it will present its latest technologies designed to accelerate the development of a new generation of software-defined vehicles (SDVs) at IAA MOBILITY 2025. Valeo’s display will focus on advanced driver assistance systems (ADAS), innovative electrified vehicle solutions, smart lighting, and next-generation interior experiences. It will i...

News  Updated at: 2025/07/11

Chery UK presents seven-seater Tiggo 8 Super Hybrid at Goodwood Festival of Speed On July 10, Chery UK presented the seven-seater Chery Tiggo 8 Super Hybrid at the Goodwood Festival of Speed. It has the latest-generation Super Hybrid powertrain, a dual-motor full hybrid setup mated to a 1.5-litre turbocharged gasoline engine.  It delivers a combined system output of 204 PS and 365 Nm of torque. Its digital cockpit features a full-width dual-scre...

News  Updated at: 2025/07/11

VinFast India partners with BatX Energies for battery recycling and material recovery On July 11, VinFast Auto India signed an agreement with BatX Energies, a clean-tech firm specializing in battery recycling and critical material recovery. Under this partnership, BatX will handle high-voltage battery recycling, repurposing, and rare metal recovery, including lithium, cobalt, and nickel, across VinFast India’s factory and after-sales operations...

News  Updated at: 2025/07/11

STMicroelectronics and Metalenz, US sign license agreement for metasurface optics adoption On July 10, STMicroelectronics (ST) and Metalenz announced a new license agreement. The agreement broadens ST’s capability to use Metalenz IP to produce advanced metasurface optics while leveraging ST’s technology and manufacturing platform, combining 300mm semiconductor and optics production, test, and qualification. The license agreement enables the p...

News  Updated at: 2025/07/11