Tag: Plant
Ford to invest in Indonesian EV plant
Ford Motor Company is reportedly planning to invest in an electric vehicle (EV) manufacturing plant in Indonesia in…
Volkswagen, SAIC sell stakes in Xinjiang plant
Volkswagen Group has officially announced the sale of its stake in a contentious plant located in China's Xinjiang…
Foton Motor inaugurates Thailand plant
Foton Motor Marks Milestone with Completion of Thailand Factory Foton Motor, a leading Chinese commercial vehicle manufacturer, achieved…
Stellantis plans to close Luton plant in UK
Stellantis, the owner of the Vauxhall brand in the UK, recently made the decision to close its vehicle…
Chery’s joint venture plant in Spain sees 1st car roll off line
Chery's joint venture plant in Spain marked a significant milestone on November 23 as the first vehicle, the…
Volkswagen CEO says layoffs and plant closures necessary for cost savings
Volkswagen CEO Thomas Schaefer has announced that the automotive giant sees no alternative to layoffs and plant closures…
Nissan denies plans to shut Thai plant
Nissan Motor is making headlines as it announces plans to cut around 1,000 jobs in Thailand. This decision…
Volkswagen union proposes $1.6bn cost cuts to avoid plant closures- report
Volkswagen's workers union has put forward a proposal for $1.6 billion in cost savings, with the condition of…
Proton inaugurates assembly plant in Egypt
Proton Holdings, Malaysia's first national car company, recently marked a significant milestone with the completion of a new…
Stellantis pledges no plant closures or job cuts in Italy
Stellantis, the multinational automotive company, has made a commitment to not shut down any plants or implement mass…
CATL US plant investment
Chinese battery giant CATL has indicated its interest in building a manufacturing plant in the US if President-elect…
CATL would build plant in US if Trump clears path, chairman says
CATL, the world's largest battery maker, is considering building a plant in the US if President-elect Donald Trump…