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Category Archives: BUSINESS News

NISSAN TO PRODUCE 100% ELECTRIC VAN IN BARCELONA

- Electric variant of NV200 to launch in 2013- * All-new 100% electric e-NV200 to enter production in FY13 * Nissan’s second all-electric vehicle allocated to Barcelona Plant * Major project investment by Nissan of ?100 mn in Spain * More than 700 jobs to be created at Nissan and its Spanish suppliers * Multi-use [...]

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Grand Opening of new BMW Brand Store in Paris

BMW Group begins comprehensive programme to enhance customer retail experience Robertson: We aim to be the benchmark in automotive retail Munich/Paris. The BMW Group celebrated the grand opening of its first new BMW Brand Store in the most luxurious area of metropolitan Paris in the Avenue George V tonight. The store was designed by the [...]

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Worldwide Sales of TMC Hybrids Top 4 Million Units

Toyota Motor Corporation (TMC) announces that global cumulative sales of its hybrid vehicles have topped the 4 million mark as of April 301. Positioning response to environmental issues as a management priority and based on its belief that environment-friendly vehicles can only truly have a positive impact if they are used widely, TMC has endeavored [...]

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NISSAN ANNOUNCES MAJOR INDUSTRIAL EXPANSION IN RUSSIA

- Further localization to support significant market growth – * St Petersburg Plant to double manufacturing capacity * Next generation Qashqai to be produced in St Petersburg for Russian market * Togliatti Plant to play main role in Datsun industrialization in Russia * Up to 80% of sales to be produced locally by 2016 Today [...]

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Opel/Vauxhall Decides Upon Production Locations for Next-Generation Astra

* Assembly planned in Ellesmere Port (UK) and Gliwice (Poland) * Labor agreements secure future of both plants * Intent to invest ?300 million to ready facilities * Approximately 700 jobs to be created in Ellesmere Port As part of its plan to revitalize its operations in Europe, Opel/Vauxhall today confirmed it will allocate production [...]

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Infiniti and Magna Sign Complete Vehicle Assembly Agreement

Hong Kong / Toronto, Canada, May 10, 2012. Infiniti, the luxury vehicle brand of the Nissan Motor Co., Ltd. has signed a memorandum of understanding with Magna Steyr, an operating unit of Magna International, for the assembly of a future luxury entry level Infiniti compact vehicle.  Production of the vehicle is due to start in [...]

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Great Wall Motor formally shakes hands with CODA To create the most competitive electric vehicle

On 2012 Beijing Auto Show, Great Wall Motor Company Limited (“Great Wall Motor”) and CODA Holding Ltd., the world leading electric vehicle and battery system developer (CODA), declared that both parties have signed the agreement for joint development of the first electric vehicle. This has signified that both parties have carried out the strategic cooperation [...]

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Growth course continued successfully in April 2012

›    Best April of all time: SKODA worldwide deliveries to customers grow 4.1 per cent to about 81,400 units ›    SKODA AUTO achieves high gains in Central and Easter Europe and in India ›    SKODA deliveries rise 11.7 per cent at home in the Czech Republic ›    From January through April 2012, SKODA deliveries reach [...]

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BMW Group posts record sales for April

145,505 vehicles sold in April, an increase of 6.1% Most successful first four months ever with 571,040 units sold Robertson: Well on course to achieve record year in 2012 The BMW Group continued on its successful course as the world’s leading premium car company once again in April with an increase of 6.1% in sales. [...]

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Land Rover Celebrates Production Of The 300,000th Freelander 2

Jaguar Land Rover employees at Halewood Operations in Merseyside have celebrated an important milestone achievement following the production of the 300,000th Land Rover Freelander 2. Production of the Freelander 2 at Halewood Operations commenced in October 2006 and earlier this week the plant’s 300,000th Freelander 2 was driven off the line. The vehicle is a [...]

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