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On July 28, VinFast officially broke ground at its electric vehicle manufacturing site, located in Chatham County, North Carolina, near Raleigh, the state capital.
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VinFast broke ground at its electric vehicle manufacturing site in Chatham County, North Carolina, near Raleigh, the state capital. The ceremony marked a major milestone for VinFast's global expansion and North American supply chain development.
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Stellantis, with its 14 automotive brands, will join other auto manufacturers already producing vehicles in South Africa, including Ford, BMW, Mercedes Benz, Isuzu, VW, Nissan, Hyundai, Mahindra.
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Investments in the two new plants support the carmaker’s aims to strengthen production capacity in India while capitalizing on the growing Indian automotive market.
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Despite global pressures from high commodity costs, high fuel costs, and low new vehicle inventory, Ford remains committed to its plant in Valencia.
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The board discussed OEMs and mobility, increased manufacturing and leasing costs, limited buying incentives, and more. The next GFAB meeting will be held in person on 06 June in Miami prior to the start of the Global Fleet Conference.
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Combined sales into large rental, commercial, and government buyers were down 36% year over year in January.
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The move is part of the Ford+ plan and will generate 1,250 new jobs and focus on the next-generation Ford Ranger pickup and Ford Everest SUV vehicles.
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Taiwan-based smartphone manufacturing giant Hon Hai Precision Industry Co. (Foxconn) and state-owned oil supplier PTT PLC have signed an agreement to start electric vehicle (EV) manufacturing facility in Thailand. The 60:40 joint venture between PTT and Foxconn, respectively, will use the individual EV capabilities of both the parties to manufacture and supply EVs in Thailand and the region.
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Following an extensive €110 million production line modification, the fourth-generation ŠKODA AUTO small car model, FABIA is now being manufactured at the Czech automaker’s main plant in Mladá Boleslav.. For the first time, the FABIA is based on Volkswagen Group’s MQB-A0 platform.
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