Gallino, the third largest European manufacturer of steering wheels, from IAO Indusrie Riunite. Oct. 1996 Acquired the steering wheel operations of UTA (United Technologies Automotive) and renamed the company to United Steering Systems. Feb. 1997 Consummated the acquisition of the stock of BTI Investments, Inc., ("BTI") a holding company which owns the Custom Trim Group of Companies Mar. 1997 Opened sales office in Korea. Established a n...

Major Suppliers  Updated at: 2025/05/17

el is aimed at competing with the Toyota SW4. It will feature a monocoque body, not pickup-based and will be assembled in Iracemápolis (SP). According to executives at the Shanghai Auto Show, the plant will be ready by June, including diesel and hybrid models. Expansion is possible with additional investments. Initially, assembly will follow the CKD system, with all parts imported from China. Battery localization is a future goal. The Haval H6 w...

OEM Plants  Updated at: 2025/05/16

CLEPA warns EU green transition at risk without policy shift On May 15, the European Association of Automotive Suppliers (CLEPA) advised that the EU's fast-paced green transition will fail unless policymakers adjust their approach. Automotive suppliers, caught between political goals and market realities, are struggling with bankruptcies, site closures, and falling investments, leading to major job losses. About 62% of suppliers are dealing with ...

News  Updated at: 2025/05/16

vestment is in addition to the January 2017 announcement, which committed to spending a portion of USD 1 billion at Warren Truck Assembly to build an all-new Jeep Wagoneer and Grand Wagoneer as well as retool the South plant of the Toledo Assembly Complex for an all-new Jeep truck. Other recent FCA investments include USD 350 million in the Belvidere Assembly Plant for the Jeep Cherokee, USD 700 million in the Toledo Assembly Complex to retool th...

OEM Plants  Updated at: 2025/05/16

ort its new 1.5-liter three-cylinder flex engine into Brazil Ford Brazil promotes local production of parts to support Camaçari plant Hyundai rivals Ford’s market share in Brazil for first half of 2017 Ford EcoSport sales up in Brazil ahead of launch of new version in August Ford prepares new investments for Camaçari plant, others in Brazil Ford increases safety of Brazilian-built Ka compact Ford opens voluntary resignation program at Ca...

OEM Plants  Updated at: 2025/05/16

Canada Ford adjusted EBIT down 26.3% in Q2 on warranty claims, EV costs Ford abandons plans for CAD 1.2 billion Quebec battery materials plant Canadian auto production falls even before Trump’s tariffs Ford expanding Essex Engine Plant for new V8 production line Canada demands OEMs honor planned investments amid tariff struggle Ford reduces F-150 production among other models due to chip shortage Ford idles North American plants first...

OEM Plants  Updated at: 2025/05/16

has yet been given. On January 30, General Motors Co. and Honda announced the establishment of the automotive industry’s first manufacturing joint venture to mass produce an advanced hydrogen fuel cell system that will be used in future products from each company. The companies are making equal investments totaling USD 85 million in Fuel Cell System Manufacturing, LLC (FCSM), which will begin mass production within GM’s existing battery pac...

OEM Plants  Updated at: 2025/05/16

ACEA advocates simplification of EU Deforestation Regulation On May 14, the European Automobile Manufacturers’ Association (ACEA) stated that the implementation of the Deforestation Regulation (EUDR) places increased burdens on companies, such as through investments that are needed to comply with implementation, setting up technical support and so on. This all comes with an impact on the OEMs’ competitiveness. Therefore, ACEA advocates for fu...

News  Updated at: 2025/05/15

ss and financial targets in the plan are to achieve revenue of JPY 8 trillion, operating profit of JPY 800 billion (operating margin of 10.0%), and ROE of 13.0%. The mid-term plan included an investment plan for the period from FY2025 to FY2031. The company plans to spend JPY 2 trillion in capital investments, of which JPY 1.2 trillion will be invested in India. The investments in India include JPY 550 billion to increase production capacity inc...

Market & Tech Reports  Updated at: 2025/05/15

all-new Jeep Compass SUV in North America Jeep Compass completes one year of production in Brazil Fiat launches renewed 2019 Toro after 100,000 sales in two years in Brazil Jeep posts 211,000 sales since launch of locally-produced Renegade in Brazil Jeep plant in Pernambuco, Brazil to receive new investments Fiat to have three new models in Latin America FCA reaches 500,000 production mark at Pernambuco plant in Brazil FCA works to localize su...

OEM Plants  Updated at: 2025/05/15

two companies established a joint venture with 25% of the investment coming from Honda. The estimated amount of investment in the plant is JPY 180 billion, and the plant will have an annual separator production capacity of approximately 700 million square meters. Asahi Kasei positions the series of investments as the “first phase investment” in the battery field, but it intends to scrutinize investment plans in the second and subsequent phase...

News  Updated at: 2025/05/15

tte, Indiana. On May 8, Subaru of Indiana Automotive, Inc. (SIA) announced the start of production of the new 2019 Ascent, a three-row SUV, at its plant in Lafayette, Indiana. The addition of the vehicle to the existing production mix at the plant required USD 140 million in equipment and expansion investments and the addition of approximately 200 employees. SIA now has over 5,600 employees and will produce approximately 400,000 vehicles annually...

OEM Plants  Updated at: 2025/05/15

enia due to weak demand in the European automotive industry. The plan includes reducing 340 direct and indirect jobs in 2025 and relocating the production of alternators to Bosnia and Herzegovina and the e-compressor line to Hungary, impacting around 270 jobs by 2025. The Company also plans further investments in new electrification products for this plant, which is the largest of 5 Company locations in Slovenia. With around 1,700 employees, it i...

Major Suppliers  Updated at: 2025/05/15

pany announced a plan to further strengthen its competitiveness in Europe in respond to market challenges. The plan includes; To implement structural measures in the European production network to adapt to the expected volume reduction. To increase productivity of the locations through consistent investments in standardization and automation. It will To increase efficiency in R&D and administration by using AI or relocation or possible bundling...

Major Suppliers  Updated at: 2025/05/15

4 production. On January 22, Invest in Spain announced that Stellantis Spain has been the group with the most projects approved in the second call for aid for battery production projects for electric vehicles (PERTE VEC II). The aid that Stellantis Spain will receive will reach EUR 66.3 million, on investments that in total are close to EUR 333 million. A second assembly and production line for electric vehicle batteries will be located at the S...

OEM Plants  Updated at: 2025/05/14

increased 17.9 percent over FY2006's figure to 146,896 million won; and net profit fell 70.3 percent to 313 million won. The company said that although its revenue improved, thanks to greater sales of transmission products, its profit was hit by increased depreciation costs as a result of excessive investments the company made in plants and equipment. (From a press release on March 5, 2008) Kyung Chang Industrial Co., Ltd. signed a contract with...

Major Suppliers  Updated at: 2025/05/14

eTGL, expanding eTruck portfolio for urban logistics MAN Truck & Bus celebrates topping out ceremony of new battery production facility for EVs in Nuremberg, Germany MAN begins production of diesel engine D30 in Nuremberg plant, Germany MAN expands battery production in Nuremberg with half billion investments MAN launches Lion’s Coach E as Europe’s first fully electric long-distance coach DB Schenker to use MAN eTrucks from 2024 onwards MAN ...

OEM Plants  Updated at: 2025/05/14

Aires area produced 5,607 units in both cargo and passenger configurations, with only 1,479 units built in 2018, according to MarkLines data. The Vito has been produced in the same factory where Mercedes-Benz has been building the Sprinter van at a rate of nine times higher. Mercedes-Benz announced investments of USD 170 million in 2012 to expand the capacity of the Juan Manuel Fangio plant and start Vito production in June 2015. Vito's sales in ...

OEM Plants  Updated at: 2025/05/14

s vehicle access. (From a press release dated January 9, 2024)   Capital Expenditure (in million EUR)   FY ended Dec. 31, 2024 FY ended Dec. 31, 2023 FY ended Dec. 31, 2022 Exterior Systems 168 172 120 Modules 34 38 20 Powertrain 81 106 76 Other 5 4 3 Total 287 321 220   Investments outside France -Company officials announced a USD 3 million expansion at its Spring Hill, Tennessee plant. The investment will expand pro...

Major Suppliers  Updated at: 2025/05/14

of America Mfg., Inc. Anna Engine Plant to expand capabilities in aluminum die casting and engine parts production related to the new Honda Earth Dreams Technology engines and transmissions. This brings total investment at the Anna plant over the last three years to more than $500 million. Previous investments have helped introduce new direct injection engines and to localize production of advanced pulley components for continuously variable tran...

OEM Plants  Updated at: 2025/05/14