|
Deals
Volvo enters agreement for delivery of trucks of Estonia and Latvia
Up to 3,000 vehicles could be sent as part of the agreement, which is expected to cost the two nations US$467.8 Mn. The trucks will be made at Volvo’s Tuve assembly factory in Gothenburg, and delivered to Estonia and Latvia next year. Read More>>
Ashok Leyland bags order to supply 1,282 buses to Gujarat State RTC
With the purchase of 1,282 fully constructed diesel buses from Gujarat State Road Transport Corporation, Ashok Leyland gets a sizeable order from a state transportation organization. Advanced iGen6 BS VI OBD II technology is present in the buses. Read More>>
Partnerships
Suzuki inks partnership with AFAZ
Suzuki and AFAZ collaborate to provide 110cc and 150cc versions with engine and body parts. The cooperation aims to help the development and prosperity of the Malaysian motorcycle market and industry. Read More>>
Triumph Motorcycles and Akrapovič announce long-term collaboration
Together with Akrapovič, Triumph Motorcycles is developing new exhaust systems with an emphasis on the adventure and roadster markets. Through the collaboration, Triumph motorcycles will develop high-performance, high-quality exhausts. Read More>>
Centre Setup and Expansion
Vietnamese EV maker VinFast plans up to US$ 200 Mn India assembly facility
The action is a part of VinFast’s plan to boost manufacturing and improve its market share in the Indian market for electric vehicles. By 2026, VinFast hopes to start producing. Read More>>
Audi to start net carbon neutral production at Ingolstadt plant in 2024
Beginning on January 1, 2024, Audi’s Ingolstadt facility in Germany will begin producing products that are net carbon-neutral, starting with the new Q6 e-tron electric SUV line. Audi’s “Mission: Zero” environmental policy, which aims to achieve net carbon neutrality across all of its global locations by 2025, is in line with this. Read More>>
Mass Hiring
Hyundai Metaplant ‘aggressively hiring’ thousands of employees
Intending to hire 8,500 workers by 2025, Hyundai Metaplant America is actively recruiting for its next production facility in Georgia. Starting pay at the plant is US$ 20.40 per hour, and there are perks like a 401k plan and health insurance. Read More>>
Recruitment for the BMW plant in Debrecen is in full swing
Before series production begins in 2025, BMW’s Debrecen facility in Hungary wants to hire up to 1,500 individuals for a variety of positions. Jobs are available in a variety of fields, including logistics, quality control, IT, maintenance, powertrain specialists, and finance. Read More>>
Product Launch
BMW unveils Rakish X2 and IX2 spin-offs of the X1 and IX1, including a Hot M35I Version
BMW unveiled the X2 and iX2 family, which includes the first-ever all-electric X2 with a range of up to 266 miles, the iX2 xDrive30. Mild hybrid and high-performance petrol models are available in the normal X2 lineup. The cars include contemporary technology, roomier cabins, and bigger trunks. Read More>>
Nissan launches Magnite Kuro edition and Magnite EZ-shift AMT models in India
Nissan launched the Magnite Kuro Edition and Magnite EZ-Shift AMT variants in India to accommodate a range of client preferences. The EZ-Shift AMT delivers affordability, accessibility, and an exhilarating driving experience while the Kuro Edition blends flair, value, and safety. Read More>>
BMW X1 sDrive20i xLine CKD launched in Malaysia
The all-new, locally built BMW X1 sDrive20i xLine is now available in Malaysia, with prices starting at RM 238,900 (US$ 50K)for a 2-year warranty and RM 259,800 (US$ 55K) for a 5-year extended warranty and service package. With a 2,692mm wheelbase, the 2023 X1 has dimensions of 4,500mm in length, 1,845mm in width, and 1,616mm in height. Read More>>
|
