User-agent: Mediapartners-Google* Disallow: Trucks World News: AUTOMAKERS NEWS * WORLDWIDE
Google
 
Loading

Jul 27, 2012

AUTOMAKERS NEWS * WORLDWIDE

* Germany / China - Volkswagen opens new vehicle plant in China 
Wolfsburg,Germany/Yizheng,China -Volkswagen (PR) -26 July 2012: -- The Volkswagen Group today inaugurated the new plant of Shanghai Volkswagen (SVW) in Yizheng, Eastern China, together with SAIC Motor Corporation Ltd... The plant is designed for an annual production capacity of 300,000 vehicles, and begin producting the Volkswagen Polo models... As the second plant producing this model in China, Yizheng will make production considerably more flexible. It is also planned to produce ŠKODA models here in the next stage... Furthermore the new plant sets environmental standard...


* France - Fiat exits Peugeot SevelNord joint venture

Valenciennes,Francia -In Auto News -26 July 2012: -- FIAT SpA said on Thursday it has signed an agreement with France’s PSA Peugeot Citroen which seals the Italian auto maker’s exit from their shared commercial van plant in northern France... SevelNord will continue to produce light commercial vehicles for the two groups until Euro6 emissions standards come into effect at the end of 2016... PSA Peugeot Citroen last week announced a van production deal with Japan’s Toyota, raising pressure on unions to make concessions on pay and conditions or face a second closure of Sevelnord plant... The company is seeking tax breaks or other support for its northern French Sevelnord plant before committing to build a new vehicle there, Reuters reports citing peoples close to the matter... 


- RUMOURS - 

* USA - Why Would Volkswagen Want To Buy Lotus? 
(Photo: The 2013 Lotus Esprit)
Palo Alto,CAL,USA -Motor Authority, by Nelson Ireson -Jul 25, 2012: ... Despite DRB-Hicom's stated commitment to the brand, and about $155 million worth of cash already invested in the brand, speculation of a sale to another carmaker has persisted... The latest to join the fray is Volkswagen, by way of a confidentially-sourced report from Manager Magazin, via Reuters, and even then, only as a derivative of speculated interest in the intermediary owner of Lotus, Malaysia's Proton... Why Lotus? Volkswagen already has strong motorsports involvement through all of its major brands, with GT racing involvement from Porsche, endurance prototypes at Audi, sedan racing at VW, and a range of series, including a one-make championship, with Lamborghini... Ultimately, if DRB-Hicom lets go of Proton, and if VW is the buyer, and if Lotus goes with Proton as part of the sale, and if VW takes more than a minority interest in Lotus, we might see something of interest come of the deal. But that's a lot of ifs....

Labels:

posted by Unknown @ 5:46 AM 

0 Comments:

Post a Comment

<< Home