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Posco to set up motor core plants in Poland and Mexico

autherAutocar Professional Bureau     calendar26 Feb 2024

While the Polish plant will cater to global automakers in Europe, Plant 2 in Mexico will serve as an essential production base to supply 2.72 million motor cores for Hyundai Motor Group's Metaplant America.

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Brembo to invest 40 million euros in its first plant in Thailand

autherAutocar Professional Bureau calendar24 Feb 2024

Braking systems major’s first plant in Thailand will manufacture braking systems for motorcycle manufacturers, startin...

EDAG and Bosch Engineering agree to project-based collaboration

autherAutocar Professional Bureau calendar24 Feb 2024

Will offer their competencies jointly to the market to complement each other’s expertise; customers will receive seaml...

Hyundai Motor Group bets big on Brazil, will invest over $1.1 billion by 2032

autherAutocar Professional Bureau calendar24 Feb 2024

Hyundai Motor Group Executive Chair Euisun Chung meets President Luiz Inácio Lula da Silva to discuss comprehensive co...

VinFast targets sales of 100,000 EVs in 2024, looks to build scale in Asian markets

autherAutocar Professional Bureau calendar23 Feb 2024

Vietnamese EV maker, which has entered the US market, looks to strengthen its ability to compete effectively in other ...

Allison Transmission’s VC division invests in Niron Magnetics

autherAutocar Professional Bureau calendar23 Feb 2024

Allison Ventures invests in the development of sustainable non-rare earth permanent magnets for integration in electri...

Suzuki and Soracom to collaborate for IoT, EVs likely focus area

autherAutocar Professional Bureau calendar22 Feb 2024

Potential focus areas include electric vehicles designed for the global market, modular ‘mobility base units’, and new...

Altair Enlighten Award 2024 for sustainable, lightweight design opens for entries

autherAutocar Professional Bureau calendar22 Feb 2024

The annual award spotlights the automotive industry’s finest innovations in sustainable, lightweight design and the ad...

Kia unveils 'Platform Beyond Vehicle' business for Middle East and Africa markets

autherAutocar Professional Bureau calendar22 Feb 2024

Set to be available in the MEA region from 2026, the Platform Beyond Vehicle (PBV) business will combine fit-for-purpo...

Freudenberg Sealing Technologies opens carbon-neutral plant in Spain

autherAutocar Professional Bureau calendar22 Feb 2024

The new state-of-the-art production facility in Parets del Vallès near Barcelona has replaced its existing plant at th...