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SAIC merges with Nanjing
Fri, 28 Dec 2007By Keith Adams Motor Industry 28 December 2007 15:27 Is the Chinese car industry learning to rationalise? Absolutely. In order to attack world markets, China’s government and its largest automotive players have been getting cute. There’s a rush to merge or combine in order to compete in international markets.
Hyundai increasing European production to 500,000 a year
Fri, 12 Jul 2013Hyundai are upping production in Europe to 500,000 per annum There’s an awful lot of sense in car makers designing and building cars for the markets they serve locally, and it’s a route Hyundai has followed in Europe, where the majority of their sales are of European built models, not imports. With Hyundai sales still growing despite the European car market meltdown, Hyundai are increasing capacity in Europe to keep up with demand with further investment in their plant in Ízmit, Turkey. Originally, the Ízmit plant produced just 60,000 cars a year, but in 2007 that was increased to 125,000 and now it is being increased to 200,000 so the new i10 can be built there as well as the latest i20.
Jag-Alfa tie-up mooted in Tata deal (2008)
Mon, 07 Jan 2008By Motor Industry 07 January 2008 15:32 If, as expected, Tata buys Jaguar-Land Rover in the coming weeks, there are some potentially intriguing industrial consequences. Like Jags being co-developed alongside Alfa Romeos. Just imagine the next 169 exec being based on the sublime new XF.