The new plant is said to be capable of producing 150,000 units a year which jacks up the total annual production capacity of the CFMA to 600,000 to cover the growing demands for Ford brands in China. The investment was said to be valued at $490 million.

The new, highly flexible facility will be equipped with state-of-the-art automation and utilize Ford’s global manufacturing processes and systems. Capable of producing a diversified range of products in the future, the plant will begin manufacturing Ford’s next-generation Ford Focus in 2012.

(Source) Press

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The decision was expected since General Motors went bankrupt. This officially becomes Toyota’s first experience in shutting down a manufacturing plant in the U.S. despite the effort of California lawmakers to come up with an amicable package.

With the closure, 40,000 jobs stand to be lost. But lawmakers are still hoping for the best to keep the plant up despite the decision handed down by the Toyota execs. There were two vehicles being manufactured at the California plant; the Toyota Corolla and the Tacoma pickup truck.

G.M. stopped building the Pontiac Vibe, a small crossover vehicle, there last week.

(Source) The NY Times

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In Volvo Trucks’ full ten-year presence in India, this is the largest order ever and a milestone, according to Pär Östberg, member of Volvo’s Group Executive Management and President of Trucks Asia. There are a total of 5,500 Volvo trucks in India, which is the world’s fourth largest truck market.

“In India, Volvo Trucks belongs to the premium segment and has secured a place as the leading manufacturer in terms of safety and environmental responsibility”, says Pär Östberg. “We have a solid customer base, very strong customer relationships and the best aftermarket solutions”.

The sale is being conducted through VE Commercial Vehicles, which is a joint-venture launched in 2008 between Volvo and the Indian company, Eicher Motors. VE Commercial Vehicles comprises Eicher Motor’s trucks and buses, and the Volvo Group’s truck sales and service network for trucks and buses.

(Source) Press

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“Our Prius customers are very involved in their communities,” said Kim McCullough, corporate manager of marketing communications for Toyota. “For the launch of the third-generation Prius, we wanted to give them an innovative tool to help promote the philanthropic and community events they’re passionate about.”

The Prius Neighborhood 30-second TV segments and consumer-generated local event segments will be watched by more than one million unique drivers a day. Complementing the Prius Neighborhood content segment, Toyota will run 15-second Prius spots and other Prius content.

Hence for aspiring Toyota Prius owners, here is a chance for you to know more about the much heralded vehicle. This and of course being updated on the latest in the motoring scene promises to be a reasonable TV program to watch!

(Source) Press

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“Forza Motorsport” has been at the pinnacle of racing video games since its arrival on the scene in 2005. When “Forza Motorsport 3″ hits the market in late October, it will set a new standard for the modern racing game. Featuring the Audi R8 5.2 FSI quattro prominently on the cover as its “hero” car, the creators of “Forza Motorsport 3″ have worked closely with Audi engineers to model the R8 V10 to an intricate degree.

“What we love about the R8 is the car stands for much of what makes Forza Motorsport 3 the ultimate racing game – powerful but refined, sophisticated yet inviting, the perfect blend of design and performance,” said Dan Greenawalt, Game Director, Turn 10. “It’s that blend of design and performance that makes Audi the ideal partner for my team. It mirrors the way we approach the development of Forza.”

Xbox and Audi will work together on several additional upcoming cross-promotional opportunities and events, including the Audi Centennial Celebration in August and the “Forza Motorsport 3″ launch in late October.

(Source) Press

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Effective May 1, Cooper Tire and Rubber company and Kenda Rubber Industrial will be ending their marketing and distribution arrangement for the United States and Canada. Kenda will resume responsibility for the sales and marketing, distribution and customer service for the Kenda brand.

Since November 2004, Cooper has been the exclusive marketer of Kenda radial passenger and light truck tires in the United States and Canada. That agreement granted Cooper exclusive rights to market, sell and distribute Kenda’s radial passenger and radial light truck tires.

“The decision to end our marketing and distribution relationship was a mutual decision between Cooper and Kenda,” said Phil Caris, Vice President of Sales and Marketing at Cooper. “And while the results of the joint venture were positive, it was agreed that a new approach would be beneficial in pursuing each company’s brand strategy. We have been very happy with our relationship with Kenda. As we begin to look into the future, we felt this strategy put both companies in a better position in this tough economic environment.”

(Source) Press

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