Latest Industry Projects

All producers and purchasers wish to engage with the continuous process of design and development in the Automotive Industry. In order to fulfill this expectation, our portal offers a meticulous compilation of on-going as well as potential projects.

Ford Motor to Invest $1.2 Billion in Three Michigan Manufacturing Facilities

Introduction: Ford Motor Company is investing $1.2 billion in three Michigan manufacturing facilities to strengthen its leadership in trucks and SUVs and support the company’s expansion to an auto and mobility company. Features: Ford is investing $850 million in Michigan Assembly Plant to retool the plant to build the all-new…

Daimler Plans to Invest €250 Million for New Passenger Car Plant in Russia

Introduction: Daimler plans to establish its first passenger car production facility in Russia with an investment of more than 250 million Euros. Features: The new passenger car plant in the Moscow region will comprise all production steps, from the body show through paint shop to assembly. More than 1,000 jobs…

Thyssenkrupp to Invest Euro 35 Million to build Automotive Component Plant in Debrecen, Hungary

Introduction: Thyssenkrupp Plans to Invest 35 Million Euros for New Automotive Component  production facility at Debrecen,Hungary. Construction will start this spring 2017. Features: The plant is said to be built on a 20,000 square meter site in the eastern site of Hungarian city of Debrecen. Over six million coil springs…

Magna International to Build 230,000-square-foot Seat Manufacturing Facility in Spartanburg County, South Carolina

Introduction: Magna International Inc. plans to build a new, state-of-the-art seat manufacturing facility in Spartanburg County, South Carolina where the seats are to be supplied to BMW Group. Features: Magna’s new seating plant is expected to be operational in June 2017 and could employ up to 480 people by 2020.…

Gestamp To Invest £70 Million For New State-Of-The-Art Stamping Plant in United Kingdom

Introduction: Gestamp, an international group dedicated to the design, development and manufacture of metal automotive components, plans to build a new manufacturing facility in Four Ashes near Wolverhampton (West Midlands). Features: The new plant will upgrade the company’s industrial capabilities in the region and will entail an investment of over…

Voestalpine Automotive Body Parts Invests $50 Million For Expansion Of Manufacturing Complex In Bartow County, Georgia

Introduction: Germany-based voestalpine Automotive Body Parts Inc., which produces ultra-high strength body-in-white components for premium car manufacturers, will expand its existing operation in Bartow County, Georgia, creating 150 jobs and investing $50 million in the local community. Features: Voestalpine Automotive Body Parts Inc. is a subsidiary company of the Metal…

Michelin Group to Build €450 Million Passenger-Tire Plant in Central Mexico

Introduction: Michelin Group began construction of its 69th global Passenger-Tire plant in Central Mexico with an investment of €450 million. Official ground-breaking and traditional first stone ceremony held with honored government dignitaries, key customers and company leaders at the new site in León, Guanajuato, in central Mexico. Features: The new…

Renault-Nissan Alliance to Invest $800 Million in Argentina

Introduction: Renault-Nissan Alliance will invest $800 million in Argentina through 2018. CEO Carlos Ghosn visit to Argentina is his first since President Mauricio Macri's inauguration and comes as the Alliance prepares to launch its first dedicated pickup truck manufacturing line to produce vehicles for Nissan, Renault and Alliance partner, Daimler.…

Eissmann Automotive to invest $14.5 Million to expand Manufacturing Plant in St. Clair County, Alabama

Introduction: Germany-based auto supplier Eissmann Automotive will invest $14.5 million to expand its manufacturing complex in St. Clair County, Alabama. Features: The expansion will include the addition of a 130,000-square-foot building and advanced manufacturing equipment for a new production line. The company specializes in car interiors, built-to-print trim components, shifter…

Johnson Controls Plans to Build $200 Million Automotive Battery Plant in China

Introduction: Johnson Controls is forming a joint venture with Binzhou Bohai Piston Co., Ltd., an auto parts affiliate of Beijing Automotive Industry Group Co., Ltd. (BAIC Group), to build its fourth Chinese automotive battery manufacturing plant. Features: At full capacity, the more than $200 million USD plant will employ 650…