y by 0.2%. The business sector fell short of its forecast growth of 7 to 9%. The decrease in its sales was due to the global decline in vehicle production, especially in Europe. In addition, growth in strategic areas such as electromobility and automated driving fell significantly short of internal targets, especially in Europe, where demand is developing more slowly than expected. Sales in the Americas, including the truck market, did not meet e...

Major Suppliers  Updated at: 2025/05/28

in 2014 with price ranging from IDR 139.9 million to IDR 181.9 million. PT Hyundai released an MPV "H-1" assembled locally from CKD kits. Following a 2.4-liter right hand gasoline model, production of a 2.5-liter diesel model due to hit the market in March will start in February. Its monthly sales target will be raised from the previous 70 to 100-120. The former production line on which the MPV "Target" has been assembled will be utilized for an...

OEM Plants  Updated at: 2025/05/28

ction assembly of electric SF5 in Mishawaka, Indiana Electric Last Mile begins production, secures 1,000-unit order for Urban Delivery EV Electric Last Mile Solutions, CATL reach battery supply agreement through 2025 Electric Last Mile posts Q3 net loss of USD 17.8 million, revises 2021 production target Electric Last Mile to begin production of Class 3 Urban Utility EV in Q2 2022 Electric Last Mile Solutions plans 50 layoffs to streamline cos...

OEM Plants  Updated at: 2025/05/28

ndards. They are mated to a 5-speed manual or a 4-speed automated manual transmission. The body dimensions are 3,900 mm in overall length, 1,680 mm in overall width and 1,468 mm in overall height. The wheelbase is 2,450 mm. Sales prices for 6 types will range from 71,800 yuan to 104,800 yuan. Sales target of the "207" series for 2009 is set at 20,000 each for hatchbacks and sedans with a total of 40,000. It appears that infrastructure constructio...

OEM Plants  Updated at: 2025/05/28

ase the Haval H1 small SUV and the Haval H9 high-end off-road SUV by the end of 2014. Great Wall Motor on November 3 released the all-new Haval H1 compact SUV, which comes in six types priced from CNY 68,900 to CNY 82,900. It features a stylish and dynamic exterior design of the Haval brand family, targeting the young generations. Its minimum ground clearance is 185 mm, the approach angle at 24 degrees and the departure angle at 27 degrees. Along...

OEM Plants  Updated at: 2025/05/28

Castalloy, in an investor update, announced that it expects a capital expenditure of around INR 1.7 billion in the next financial year (FY 2025-26, ending March 31, 2026) to build capabilities and support its expanding business pipeline. For FY 2024-25, they had projected INR 18 billion in revenue, targeting 15% year-on-year growth, but closed at INR 17.25 billion due to a sharp slowdown in key export markets, particularly Europe and the US, and ...

News  Updated at: 2025/05/27

Maubeuge and Sandouville, France. Maubeuge serves as Renault’s small van center of excellence and Sandouville is the production center for the Renault Trafic van. By the end of the strategic plan, Alliance 2022, the Alliance aims to double annual synergies to EUR 10 billion. To help achieve this target, Renault, Nissan and Mitsubishi Motors will accelerate collaboration on common platforms and common production facilities. The Maubeuge plant, ...

OEM Plants  Updated at: 2025/05/27

o the Material Event Disclosure issued by Ford Otosan on March 16, Ford Otosan will manufacture the diesel, plug-in hybrid electric (PHEV), and all-electric variants of Ford's 1-ton medium commercial vehicle, "Next - Generation Transit Custom Family" starting gradually in the first half of 2023, targeting predominantly export markets. As part of the strategic alliance between Ford Motor Company and Volkswagen AG, Volkswagen AG's next-generat...

OEM Plants  Updated at: 2025/05/27

rrors in assembly operations Tofaş secures Stellantis production rights for new ‘KO’ model and LCVs in Turkey Tofaş, Türkiye begins production of new FIAT Scudo Van Tofaş Turkiye suspends manufacturing operations at Bursa plant for maintenance activities Tofaş, Turkiye announces production targets for 2025 Tofaş announces acquisition of Stellantis Türkiye and investment in new vehicle project Fiat starts producing hatchback ...

OEM Plants  Updated at: 2025/05/27

has unveiled the 2.0L X-power hybrid SUV concept of its own brand at the Auto Guangzhou. This will be the third concept car of the company following the Vip-Lounge sedan and the Cabrio Coupe that debuted earlier. The Vip-Lounge will be commercialized by November 2010. GAC Motor Co., Ltd. has set a target to sell 30,000 units of its self-brand model the Trumpche in 2011. In 2011 and later, the Trumpche platform will be used for many other vehicle...

OEM Plants  Updated at: 2025/05/27

2023. On May 2, Fisker Inc. and Ample, a leader in energy management and module battery swapping, announced a partnership to deliver Ample-powered Fisker EVs. Joint development between Ample and Fisker is already underway, to provide battery-swappable Fisker Ocean vehicles by Q1, 2024. The initial target customer for Fisker's Ample-powered EVs will be fleet operators who are looking to transition to electric mobility without economic or operatio...

OEM Plants  Updated at: 2025/05/27

n France Michelin cuts 2,300 jobs in France as a result of expanding cheap tire shares Michelin launches construction on first tire recycling plant in Chile Enviro, Sweden strategic partnership agreements with Michelin delayed Michelin India signs MoU with IIT Bombay for mobility research Michelin targets 100% sustainable tires by 2050 Nihon Michelin Tire’s Primacy 3 adopted for Lexus UX300e EV Michelin launches Pilot Sport EV tire for electri...

Major Suppliers  Updated at: 2025/05/27

n June, and the annual sales will be expanded to 50,000 units. Its retail price is expected to be in a range between 80,000 and 110,000 yuan. Changan Automobile has launched the new model Eado on March 27. It is available in seven versions, with prices ranging from 73,900 yuan to 94,900 yuan. Sales target for fiscal 2012 has been set at 45,000 units. The Eado is a midsize sedan based on a new platform, measuring 4,620 mm long, 1,820 mm wide, 1,49...

OEM Plants  Updated at: 2025/05/27

n electricity by 2030. VW Group is firmly committed to the Paris Agreement and aims to become net carbon neutral by 2050. With the “goTOzero” environmental mission statement, VW China will continue to implement a series of initiatives to create “Zero Impact Factories” in support of the 2050 target. On May 23, SAIC-VW started accepting pre-orders for the Tiguan L Pro next-generation compact crossover SUV. Equipped with a 162kW/350Nm 2.0L t...

OEM Plants  Updated at: 2025/05/27

ith South Africa’s Industrial Development Corporation, which will hold a 49% stake. The plant covers a 32.5 hectare site provided by the Coega Development Corporation and aims to be completed by the end of 2025. Production of the Peugeot Landtrek 1-ton pick-up is slated to commence in Q1 2026 and target annual production of 50,000 vehicles, scalable up to 90,000 vehicles annually, primarily for export....

OEM Plants  Updated at: 2025/05/26

Sagitar. The plant will maintain an annual production capacity of 600,000 units of all models. On February 26, Volkswagen informed that with the new Jetta brand, Volkswagen intends to exploit its market potential in China even more effectively. With the Jetta brand, Volkswagen especially intends to target young first-time car buyers in China.The Jetta model range, which is to be produced by FAW-Volkswagen in Chengdu, will include one sedan and tw...

OEM Plants  Updated at: 2025/05/26

hina. Set about launching pure electric platform-dedicated models, and increase investment in battery production. By 2030, battery electric models are expected to account for 25%-40% in Mazda’s global sales volume. Concurrently, to achieve carbon neutrality by 2050, Mazda has set the intermediate target of carbon neutrality at its plants around the world by 2035, and will take actions based on the three mainstays of “energy saving, renewable ...

OEM Plants  Updated at: 2025/05/26

duces USharing Intelligence sub-brand, debuts eπ 007 sedan DFM launches next-gen Shine sedan in Saudi Arabia Dongfeng eπ starts accepting pre-orders for eπ 007 electric coupe Dongfeng Aeolus launches all-new Yixuan MAX compact sedan Dongfeng Motor Corporation aims at 4-million-unit sales target in 2022 The factory operation status in China as a result of the effects of the coronavirus (Chinese) Dongfeng Aeolus unveils Haoji mid-size SU...

OEM Plants  Updated at: 2025/05/26

ue at 4,500 rpm, mated to a 5-speed manual transmission or a 4-speed automatic transmission. The MG5 meets the five-star pedestrian protection standards in Europe, which enhanced its safety performance. It features the iVoka automated voice system to meet the needs of the younger generation the car targets at. On March 4 SAIC held a ceremony to commemorate the launch of the new MG ZS SUV at its Nanjing Pukou Plant. The price of the vehicle ranges...

OEM Plants  Updated at: 2025/05/26

new MG GS SAIC Motor launches new MG GS Internet-connected SUV SAIC Passenger opens preorders for Roewe Ei5 in Beijing SAIC’s Roewe brand launches RX5 MAX SAIC Motor launched the first electric vehicle under its own Roewe brand "Roewe E50" on November 5. It is priced at 234,900 yuan and its sales target for 2012 is reported to have been set at 1,000 cars. The "E50" was developed based not on the existing gasoline engine model platform, but on a...

OEM Plants  Updated at: 2025/05/26