According to a report from The Edge Weekly, German sports car maker Porsche AG is setting up an assembly plant in Malaysia under a partnership with Sime Darby Bhd’s automotive business. The report citing sources said, the luxury car maker… Read More ›
assembly plant
Volkswagen Group stops Russian production due to supply shortage from Europe
On Tuesday, Volkswagen Group Rus stated, the carmaker will suspend car production in Russia following a supply shortage caused by the Wuhan coronavirus outbreak in Europe. Volkswagen Group Rus will stop production at its Russian plant from March 30 to… Read More ›
GM’s $1billion investment in Missouri is contingent on receiving state incentives
The incentive package sought by GM will require clearance from the state’s legislature. According to state officials from Missouri, General Motors Co is weighing its options of investing $1 billion in its assembly plant in the state, where it currently… Read More ›