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Carmakers

Hungarian automotive production drops 33% yoy due to Chips shortage

The output of Hungarian automobile production, the engine of industrial growth, declined 33.7% yoy in August as the global semiconductor shortage hit factories, the Bureau of Statistics (KSH) said in a second reading in October. KSH confirmed that aggregate industrial production increased by 2.6% and 0.6% after

Carmakers Featured

Ford picks UK for e-vehicle components plant, in Europe, ahead of Germany

London / Cologne The automaker said it is investing £ 230 million ($ 316 million) in converting its transmission plant in Halewood, northwest England, to produce electric propulsion units for future all-electric Ford cars and commercial vehicles that will be sold in Europe. Production is scheduled to begin in 2024, Ford announced on

semiconductors Featured

Chip shortage strengthening pricing policy of EU carmakers

An unprecedented and worsening material shortage, especially in semiconductors, is creating a mismatch between supply and demand in the European automotive sector that could last until the first half of 2022. This gives automakers a unique opportunity to drop prices after nearly $ 20. increase of + 3-6% years of compulsions. In

semiconductors

Daimler plant in Hungary, Kecskemet, shut down due to chips-shortage

A shortage of chips has shut down German carmaker Daimler's plant in Hungary until May 2, state news wire MTI reports citing a local news portal. Baon.hu, the news portal for Bács-Kiskun County, home to the Daimler plant, learned that production stopped on Wednesday and the shutdown

automation

Development & Production Robotics Centre to be built in Czech Republic, Ostrava. Investment of €12 million, ensuring 120 jobs.

New Development & Production Robotics Centre to be built in Czech Republic, Ostrava. Investment of 12 million euros, will be ensuring 120 skilled jobs. The value of the global robot market exceeds $ 40 billion. Apart from German companies Siemens and Kuka and the Japanese Fanuc, ABB is one of the

Italy Featured

Stellantis to establish a battery factory in Italy, Termoli

On Thursday, Stellantis announced it would invest more than 30 billion euros ($ 35.54 billion) in the electrification of its vehicle lineup by 2025. The plant will be located at its engine plant in Termoli, Italy, and will join previously announced plants in Germany and France. The automaker has also

UK Featured

Vauxhall owner Stellantis announced £100m invest in building electric cars and vans in Ellesmere Port

Vauxhall owner Stellantis has announced that it will invest £ 100m in building electric cars and vans in Ellesmere Port, Cheshire, making it the UK's first major vehicle-only factory. It will build four electric vans and their car equivalents under the Vauxhall, Opel, Peugeot and Citroën brands by Stellantis

Germany

Marelli invests in new Electric Powertrain plant in Cologne, Germany

Marelli, one of the world's leading automotive suppliers, received the NRW.Global Business Award 2021 for investing in its new electric vehicle engine production plant in Cologne. With this award, the State of North Rhine-Westphalia rewards foreign direct investments that significantly advance the region's long-term global

semiconductors

Melexis opening new production building in Bulgaria, Sofia in Sept 2021

Melexis, Belgian microelectronics developer  plans to open its second production and R&D building in Sofia in September, after a total investment of about 75m euros, company officials said during a press event. The new building will add a total of 15,000 square meters of production, logistics and

Carmakers

Romanian electric bus manufacturer, ATP, begins production at factory, in Baia Mare

The first electric bus manufactured in Romania was called UpCity and was presented in Baia Mare and Cluj-Napoca. The new vehicle has 83 seats, of which 26 on the seat, and a range of 200 kilometers. The first electric bus "Made in Romania" is manufactured in Baia Mare

suppliers Featured

DRÄXLMAIER plans for a new E-mobility plant in Romania

DRÄXLMAIER  presented the plans for a new E-mobility plant in Timișoara, Romania, during an event to local authorities, the German ambassador and German Consul in Romania. The project will be implemented in the next six years consisting of the construction of over 40,000 m2 of production area, warehouses and

Carmakers

Toyota Motor Manufacturing Czech Republic TMMCZ adds second TNGA car model

Toyota Motor Manufacturing Czech Republic (TMMCZ) will add the second TNGA (Toyota New Global Architecture) model to its portfolio, this time on the new GA-B platform A new segment A model will be produced at TMMCZ. Toyota Motor Europe today confirmed that it will continue to produce a new segment

eMobility

Nissan planning to build battery Gigafactory in UK

Nissan is reportedly urging the UK government to allocate tens of millions of pounds to build a new electric car battery "gigafactory" in Sunderland. The Japanese automaker hopes to support the construction of a facility that can produce up to 200,000 batteries per year at Nissan'

France

Ineos Grenadier 4X4 delayed till 2022

Billionaire Sir Jim Ratcliffe's Ineos Grenadier 4X4 has been delayed until 2022 due to "unavoidable delays" after the Welsh factory closed for the benefit of the French. Sir Jim Ratcliffe's hopes of putting his new Ineos Automotive Grenadier on the road before the end

CzechRepublic

Lumax from India to Czech Republic, Tier1 Lighting major

Lumax, leading Indian tier1 major, will set up a design center in Europe, Czech Republic and Todd Morgan to be in charge Todd Morgan: "While we are going to develop cutting-edge technologies, we must also be creative to develop them for the Indian market, which is a very cost-conscious

semiconductors

Stellantis and Foxconn, an Apple iPhone contract-maker, strike a JV

Stellantis and Apple iPhone contract assembler Foxconn have reached an agreement to form a joint venture, and an auto industry supplier, that will focus on developing technologies for connected cars. They say the company, called Mobile Drive, will accelerate time-to-market for the industry's most advanced connected car and

Four Trends - Future Factory

Global Smart Manufacturing Market Due to the rapid growth in the introduction of automated systems in industrial processes, the global smart manufacturing market is expected to grow from USD 175 billion in 2020 to USD 303 billion by 2026 with an average annual growth rate (CAGR) of 6.4 %. grow

automation

Semiconductor Chips Shortage

For the past 18 months, the auto industry has had to weather the uncertainty of Brexit and a global pandemic, but there's another crisis that's just beginning: a global shortage of microchips. What started out as an inconvenience for those looking to buy a PS5, Xbox,

Germany

Tesla's new German Gigafactory, 'Elon Musk ist ein Berliner'

It is by far the largest industrial settlement in the region for a century, and the Brandenburg Minister for Economic Affairs, Jörg Steinbach, has described it as an opportunity for the region to "become a leading location for the energy transition in Germany and Europe". Musk has promised

Germany

German industrial & auto supply chains face Corona border restrictions

Travel restrictions on the German border with the Czech Republic could, according to the German VDA car manufacturers' association, cut the automobile supply lines, which could trigger a wave of production stoppages

Germany

Germany's automakers face serious challenges in post-coronavirus world

The economically important automotive industry in Germany is in a phase of shutdown, production standstills and declining sales. The sector supports tens of thousands of jobs in Germany, and exports are vital to the economy of the entire country. However, demand has fallen and the industry is facing major challenges

Germany

Ford to pour $1 billion in Germany, with plant manufacturing ‘all-electric’ passenger cars in Europe by 2030

Ford is investing $ 1 billion in an electric vehicle production facility in Cologne. The European branch of the automotive giant is committed to going all-in for electric vehicles in the coming years. In the plans announced on Wednesday morning, Ford said that the entire range of cars in Europe will

China

News Analysis: German car industry benefits from cooperation with China

China has become the most important single market for Germany's automotive industry. Even amidst headwinds from the global COVID-19 pandemic, there is no end to this development as recent figures of Germany's top three car manufacturers BMW, Daimler and Volkswagen

Germany

German President Steinmeier to hold climate talks with German carmakers

German President Frank-Walter Steinmeier will host the start of a series of talks on Germany’s post-pandemic economic development on Thursday (11 February). The topic of this first dialogue is ‘Industry and climate protection using the example of the automotive industry’. How can the German economy recover after the coronavirus

Carmakers

Toyota ends Czech joint venture with PSA. Production of Toyota and PSA cars to continue

The Kolin plant has been building the Toyota Aygo, Peugeot 108 and Citroën C1 A since 2005. Toyota takes full control of an automobile plant it operated as a joint venture with the PSA Group to increase production of its hybrid Yaris for Europe. The move ends the joint venture