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Bain Capital to acquire TI Automotive for $2.1 billion

Hyundai Mobis to build $418 mln auto parts factory in Mexico

General Motors invests $300 million to upgrade Cadillac plant

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Project    
Suzuki Motor plans for new vehicle manufacturing facilities in Gujarat, India

The annual production capacity is planned to be 250,000 units, and the total investment amount is expected to be approximately 60 billion yen. Vehicles and parts produced at new plant in Gujarat will be supplied only to Maruti Suzuki India (MSIL), and...

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Google cars � the next thing in automobile industry
Press Release    
Ballard Power Systems inks US$80 Million Deal with Volkswagen

Ballard will transfer the automotive-related portion of fuel cell IP assets previously acquired from United Technologies Corporation, in return for payments from Volkswagen Group totaling US$50 million, a majority of which is expected to be received at the closing of the transaction during the current quarter.
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