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Keywords: Manufacturing
Indian automotive supplier Samvardhana Motherson International has officially started operations at its new electrical wiring plant in Kénitra, marking a major step in Morocco’s industrial diversification strategy. Located within the Atlantic Free Zone, the new facility introduces a new......
The German state of Lower Saxony is considering acquiring a stake in Volkswagen AG's Osnabrück manufacturing plant as part of efforts to support its transition from automotive production to defence manufacturing, according to a report by Capital magazine. If implemented, the move could become......
Samsung Electronics is accelerating the development of its semiconductor manufacturing network by bringing forward the launch of its first chip fabrication plant in Yongin, South Korea. The facility is now expected to begin operations in 2029, two years earlier than originally planned, as the company......
Mercedes-Benz is expanding its manufacturing footprint in Hungary with a €1 billion investment aimed at increasing production capacity, improving efficiency and strengthening its position in an increasingly competitive global automotive market. The German carmaker announced on Monday that its Kecskemet......
Morocco has further strengthened its position as one of the leading automotive manufacturing hubs serving the European market, supported by competitive production costs, expanding industrial infrastructure, and growing foreign investment in the sector. Recent industry data indicate that Renault's......
Workers at Hyundai Motor Company have begun a three-day nationwide partial strike after negotiations with management over wages and benefits reached an impasse, raising concerns about production disruptions at South Korea's largest automaker. The industrial action follows months of unsuccessful......
Stellantis has reported a 10% year-on-year increase in preliminary global vehicle shipments for the second quarter, reaching nearly 1.6 million units as stronger demand in North America offset broader market challenges. The automaker said the performance was primarily supported by renewed momentum in......
Ford Motor Co. has reached a tentative three-year national labor agreement with Unifor, Canada's largest private-sector union, marking an important step in ongoing contract negotiations involving the country's automotive industry. The proposed deal covers more than 5,000 unionized Ford employees......
The French economy continues its growth trajectory in spring 2026. According to the latest economic survey published by the Bank of France, the gross domestic product (GDP) is expected to increase by 0.2% in the second quarter, matching the pace observed during the first three months of the year. This......