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News
President welcomes R4bn Volkswagen investment in Eastern Cape
1+ week, 6+ day ago (1035+ words) President Cyril Ramaphosa has welcomed Volkswagen Group Africa’s R4 billion investment linked to the...describing it as a vote of confidence in South Africa’s manufacturing capabilities, workers and investment...The investment will support the introduction of the Tengo, which will become…...
500,000 facility investment
3+ week, 6+ day ago (454+ words) Fix Auto Oswestry is now the second Fix Auto UK site in as many weeks to announce major investment, following...makes long-awaited comeback Firefighters make safe flooded Llynclys property near Oswestry The investment...Mr Hutchins said the recent investments by…...
Port Investment in Mexico Demands Certainty
2+ week, 5+ day ago (413+ words) "We have procedures waiting for six years or more, and that stops investment, or as has happened, the...relationship with investors was fostered because that is the job of a port administrator, to seek investment...
Toyota’s Vietnam expansion exposes Thailand’s EV-era investment challenge
1+ week, 4+ day ago (832+ words) Toyota’s planned investment expansion in Vietnam has reignited concerns over Thailand’s future as a regional...Toyota has announced additional investment of more than US$283 million (around 9.3 billion baht) in Vietnam...However, private-sector industry sources said the investment should not be…...
Türkiye's auto output slows, but industry bets on new investment cycle
4+ week, 3+ hour ago (948+ words) preparations by automakers to introduce new models and expand capacity, with the impact of those investments...Eroldu said some of their members were preparing their production lines for new models and capacity investments...We consider the production loss to be…...
Investment bank provides automotive ecosystem industry update
1+ week, 17+ hour ago (800+ words) Investment bank Stephens Inc. expects data to show a 1% year-over-year decrease in vehicle crashes in...
Unifor Members Ratify $1.1 Billion GM Investment in Ontario
2+ week, 14+ hour ago (241+ words) ratify new contracts with General Motors (NYSE: GM) this weekend, securing more than $1 billion in investment...already builds both light- and heavy-duty Chevrolet Silverado pickups on one line, and the Sierra investment...Both investments build on the $691 million St. Catharines…...
Ramaphosa: Automotive sector critical to growing economy, attracting investment
1+ week, 6+ day ago (327+ words) automotive industry is vital to the government’s efforts to grow the economy, expand exports, attract investment...READ:Ramaphosa appoints Leonard Lekgetho as new SIU head Ramaphosa says Volkswagen's continued investment...demonstrate that we have the capabilities, the skills, and the…...
WATCH: Ramaphosa welcomes VW's R4bn investment as Tengo unveiled in Kariega
1+ week, 6+ day ago (471+ words) Volkswagen Group Africa’s R4 billion investment in its Kariega plant will support production of the new...President Cyril Ramaphosa welcomed the investment at the company’s 75th anniversary gala dinner in Nelson...“We do not take this investment for granted....Ramaphosa also highlighted…...
In Beijing, Bulgaria’s economy minister bids to attract investments in production of electric cars
4+ day, 8+ hour ago (655+ words) on September 10, Bulgaria’s Deputy Prime Minister and Economy Minister Alexander Pulev outlined investment...opportunities, with particular emphasis on attracting investments in the production of electric cars...Today, we have a clear focus on deepening interaction and concrete investment opportunities,” Pulev…...