Industry

It will have an initial capacity of 25,000 vehicles a year

Renault has begun construction of its new factory in Oued-Tlelat, Algeria, and is scheduled to open in November 2014 with an initial capacity of 25,000 cars a year. The factory will supply the Renault Symbol to the Algerian market. The factory...

The factory also builds the i20

While the rest of the European auto market has fallen off, Hyundai has tended to outperform its competitors in the region. To keep up with growing demand, capacity at its factory in Izmit, Turkey, which Hyundai calls HAOS, has been doubled to 200,...

Two more Chinese-made models will join it in 2014

Citroën has begun production of the DS5 at its factory in Shenzhen, China, with its joint venture partner Changan. The company is hoping to make the DS line popular in China as a premium brand. By building models there, Citroën avoid...

The stock sale would reportedly come from PSA's owned family

The rumor emerged last week that PSA Peugeot-Citroën was considering selling a significant portion of the company to its Chinese joint venture partner Dongfeng. Dongfeng is now responding to the rumor by saying that it is still making its dec...

They could break ground as soon as 2014

Mexico is becoming the new hot place to build auto factories due to its positions as the crossroads between South America and North America. Honda completed its new transmission factory yesterday and will begin building the next generation Fit in ...

By 2017, all 1 Series models will be front-wheel drive

BMW is working on a front-wheel drive, sedan version of the 1 Series under the internal name New Entry-level Sedan that will be aimed against the A3 Sedan and CLA. It is tentatively scheduled to go on sale in 2017. "The NES is integral to...

It will build VW MQB platform vehicles

Volkswagen is opening a new factory in Foshan, China, with its Chinese joint venture partner FAW that will be able to build 300,000 cars a year and employ 6,500 people. The first model to roll of the production lines was a seventh generation Golf....

The CVT transmissions will be used in the next generation Honda Fit

Honda has broken ground on a new transmission factory for $470 million in Celaya, Mexico, next to Honda’s vehicle plant that is gearing up to build the next generation Honda Fit.  The factory will build CVTs beginning in the second ...

It will build components for the Astra, Insignia and new diesels

Opel is investing €130 million to upgrade its Kaiserslautern factory to build bodywork and front seats for the next generation Opel Astra; axles and bodies for the next generation Opel Insignia; and a new family of 2.0-liter diesel engine fam...

Fiat threatening to not support Chrysler in future if IPO is successful

A fight is brewing between Fiat and the United Auto Workers. The UAW's VEBA medical pension used its ownership of 41.5% of Chrysler stock to force the company to file an initial public offering on the stock exchange in the United States. Fiat ...