The Spanish SUV, which was designed and developed in Barcelona, exploits the synergy effects of the MQB production platform.
In Wolfsburg, the Spanish model will roll off the production line together with the Volkswagen models Tiguan and Touran. The step towards multi-brand production will boost the capacity deployment of Volkswagen's main plant. The production of the Tarraco in Wolfsburg is part of the Pact for the Future concluded by the company and the Works Council at the end of 2016. The pact is a far-reaching timetable for improving the economic viability of the Volkswagen brand and placing the company on a firm footing for the future
Volkswagen Member of the Board for Production and Logistics Dr. Andreas Tostmann said: "A competent, globally leading production network across the Group is one of the biggest levers for efficiency enhancement. The Seat Tarraco is an example of the way more plants within the Group-wide production network will produce vehicles for several Group brands at the same time in the future."
Seat Executive Vice-President for Research & Development Dr. Matthias Rabe said: "The car was completely designed and developed in Spain by Seat. Together with a really enthusiastic team at the Wolfsburg factory the vehicle was then prepared for series production, and this in a very short time. That strengthens the already close ties between Seat and Volkswagen even more."
This is the fifth time that Volkswagen's main plant in Wolfsburg has produced a model for another Group brand. A Seat model, the Arosa, already rolled off the production line in Wolfsburg from the end of 1996 until 1998. In addition, the workforce at Wolfsburg produced the Audi 50 from 1974 to 1978, the Audi 80 from 1994 to 1998 and the Audi 100 from 1993 to 1997. The Audi 50 was largely identical to the Polo, which was assembled in Wolfsburg from 1975 and is now produced at the Pamplona plant in Spain. The Audi 50 and the Polo were the first German small cars with transverse engines and front-wheel drive.
With its new flagship, the Tarraco, Seat is rounding off its SUV family, which also includes the Ateca and Arona.
New suppliers can apply at the booth of Mercedes-Benz Purchasing and Supplier Quality at the Korean Electronics Show 2017 (pictured above).
The four-day electronics and IT show is as important for Korea as the Consumer Electronics Show (CES) is for the US. Six scouts informed themselves about innovative ideas of start-ups and established players who might supply Mercedes-Benz with the very latest high-tech components, software and services in the future.
"At Mercedes-Benz Cars we already know today what will be integrated into our vehicles in five years. Therefore we need the right partners. We already have a broad supply base in Korea, and we are open to expand it with new and innovative start-ups," says Dr. Klaus Zehender, Member of the Divisional Board of Mercedes-Benz Cars, Procurement and Supplier Quality.
For Mercedes-Benz "innovative" means, offering the customer true added value with new functions in top quality. Therefore the company already partnered up with Korean suppliers such as LG Electronics for onboard displays and Navis Automotive Systems, Inc. for navigation software. Furthermore, components such as cells for electric vehicles and steel are also procured from Korean suppliers.
At the KES, the supplier scouts for example had a business talk with the start-up Geo-Line, founded by Sunggyoo Geo three years ago. For the product PLUG&PAY, an electric vehicle mobile charging – payment solution, they have an opportunity to maybe work together with Mercedes-Benz.
Looking ahead onto the trends of the automobile industry, suppliers from the consumer electronics sector are becoming more and more important. Mercedes-Benz unites these trends within its CASE strategy. Networking (Connected), Autonomous Driving (Autonomous), Flexible Use (Shared & Services) and Electric Drive Systems (Electric) will change the mobility of the future and therefore the requirements for suppliers. To further encourage this transformation, Mercedes-Benz collaborates closely with new high-tech partners to bring innovations into Mercedes-Benz vehicles.
The brand expects especially strong growth in SUV sales in North and South America, as well as in China. By 2025, Volkswagen will be offering more than 30 SUV models throughout the world. With the new Polo-sized T-Cross, the brand is rounding off its SUV product portfolio at the bottom in the smallest segment. The T-Cross is to make its world debut and will be unveiled at the same time in Europe, China and South America.
"SUVs are becoming increasingly popular with our customers throughout the world," said Jürgen Stackmann, Member of the Board of Management of the Volkswagen Passenger Cars brand responsible for Sales. "This is why we are consistently pursuing our current SUV offensive. It will be a key contribution to strengthening our core business so that we can invest the necessary billions of euros in mobility and autonomous driving. The T-Cross rounds off our SUV family in the rapidly growing small SUV market."
With the Touareg in the premium SUV segment, the Tiguan and T-Roc in the compact classes and the new T-Cross in the small car segment, Volkswagen has a strong product portfolio that will continue to grow. Further SUV models are due to follow. Volkswagen's first full-electric SUV, the ID. CROZZ, is to be launched in 2020. This vehicle segment is part of Volkswagen's e-mobility offensive, which aims to bring 20 new full-electric models onto the market by 2025.
The SUV offensive announced by Volkswagen in 2015 has been a success story. The compact Tiguan is now among the 10 best-selling cars in the world, with almost five million units sold. The introduction of the second generation in 2016 heralded the expansion of the Volkswagen SUV portfolio. The country-specific models Atlas for the USA and Teramont for China are enjoying sales success in their respective markets.
The Touareg, which was the brand's first SUV and has now reached its third generation, is also recording outstanding sales figures. Volkswagen expects global sales since the introduction of the first generation to reach the figure of 1 million units in the near future.
The relatively young T-Roc, the SUV in the Golf class, also got off to a good start. Since the model was launched at the end of last year, almost 130,000 cars have been sold.
25,610 fewer cars rolled off production lines than in the same month last year, capping off a turbulent first three quarters as global trade tensions, model changes and uncertainty over diesel and Brexit were exacerbated by testing backlogs due to new emissions regulations.
Production fell for both home and overseas markets, down year on year by a respective 19.0% and 16.2%. Exports, however, continued to drive volumes, accounting for eight out of every 10 cars produced. In the year to date, overall output has declined by 6.6%, with the decline driven predominantly by falling UK demand, currently down 18.6%, but compounded by slower growth across Europe.
Mike Hawes, SMMT Chief Executive, said, "Today's figures highlight the many competing challenges facing UK Automotive. It has been a turbulent year and the industry needs stability, something which appears elusive given the lack of resolution to Brexit negotiations. The UK government has recognised the importance of a deal that maintains free and frictionless trade with the EU, but it is up to all sides to deliver this to safeguard the hundreds of thousands of jobs depending on the sector."
"Stability is also needed at home and a stronger UK new car market would go a long way to boosting manufacturing output. The Chancellor's Budget next week is the perfect opportunity to stimulate the market, sending consumers and businesses the right signals to encourage the purchase of new cars, which would help bolster economic performance as well as delivering environmental goals," he added.
With the heart and soul of its business in the UK, Jaguar Land Rover's investment in Nitra marks the latest step in the company's global expansion strategy following the opening of its Chinese joint venture in 2014 and Brazilian plant in 2016, supported by contract manufacturing in India from 2011 and Austria from 2017.
The creation of new international factories allows Jaguar Land Rover to offer its customers even more exciting new models, protect against currency fluctuations and support a globally competitive business.
"Global businesses require global operational footprints. While Jaguar Land Rover's heart and soul remain firmly anchored in the UK, expanding internationally only enriches and strengthens our UK business. Today's opening of our next generation manufacturing plant in Nitra, Slovakia represents the start of a new era in manufacturing for Jaguar Land Rover. It is the latest milestone in our long-term globalisation programme and the culmination of four years planning. As with our existing manufacturing facilities located in the UK, China, Brazil, India and Austria, this high-tech plant in Slovakia will complement and support our corporate, R&D and engineering functions headquartered in the UK," said Prof. Dr Ralf Speth, CEO, Jaguar Land Rover.
Jaguar Land Rover currently employs around 1,500 people in Nitra, 98% are Slovak nationals and 30% are women. It will launch its second phase of local recruitment in November looking for an additional 850 people to join the world-class team in Nitra.
All manufacturing employees have taken part in a bespoke 12 week training programme in the company's first overseas Training Academy, representing an investment of €7.5 million ($8.63 million).
"Our diverse workforce brings a wealth of experience from both automotive and broader industries. I am delighted to officially welcome our Slovak team to the Jaguar Land Rover global family today," Speth added.
The new 300,000 square metre facility stands at the forefront of aluminium manufacturing and engineering expertise in Slovakia, with an annual capacity of 150,000 vehicles a year. Supporting the company's on-going commitment to deliver high technology lightweight vehicles to its customers, the first Land Rover Discovery rolled off the production line in September.
The plant incorporates cutting-edge technologies and it is the first in Europe to use Kuka's Pulse carrier system which is 30% faster transfer times than conventional conveyance systems. It will also feature a highly automated paint shop process to ensure the highest quality and minimise the environment impact.
Looking to the future, the factory has been designed with the flexibility to enable smart, connected manufacturing technologies, such as shop floor visualisation by using real time data to solve issues which will support improved process efficiency, delivery and quality.
Slovakia has an established premium automotive sector, which represents 44% of the country's overall industry. With an established network of suppliers in close proximity, Jaguar Land Rover has sourced and localised a number of components, such as seats and wheels, to support production of the Land Rover Discovery in Nitra delivering several thousand additional jobs in the automotive supply chain in Slovakia.
The Sanand facility plays a vital role in the company's passenger vehicles portfolio, manufacturing the widely popular models Tiago and Tigor.
Keeping up with the Government of India's vision to bring Electric Vehicles in India, the Sanand plant produced the first electric passenger vehicle for commercial use in the form of Tigor EV and continues to support deliveries of the Government-operated Energy Efficiency Services Ltd. (EESL) order.
Speaking on this occasion, Mr. Mayank Pareek, President, Passenger Vehicle Business Unit, Tata Motors said, "We, at Tata Motors, have been working aggressively towards our core strategy of Turnaround 2.0, aiming to 'Win sustainably in PVs'. A lean manufacturing process plays a key role in our growth strategy enabling the Sanand plant to contribute around 60% of the overall PV production. We are extremely proud of achieving this milestone within our planned timeline. This is the result of the hard-work put in by our dedicated workforce. The plant has evolved to become a modern, state-of-the-art facility and is playing a pivotal role meeting aspirations of Tiago and Tigor customers."
Mr. Satish Borwankar, Executive Director & COO, Tata Motors said, "The Sanand plant has evolved over the years. From being a single model plant, Sanand has grown into a multi-model plant and is on a roll since the introduction of Tiago. We have achieved WCQ Level 3 and the operational efficiencies are at a high. We are delighted to celebrate this milestone and my best wishes to the team for many more such feats."
Spread over 1100 acres of land, the Tata Motors' Sanand plant has played an important role in the development of the automobile industry in the state of Gujarat. From a single model plant in 2010, the plant today has emerged as a multi-model facility, becoming one of the most technologically advanced plants.
With a flexible assembly line, the plant today manufactures Nano, Tiago & Tigor models spread across 21 variants with 150 vehicle combinations. It is also producing engines – Revotron 1.2-litre – Petrol (Manual & Auto Transmission), Revotorq 1.05L – Diesel, 624 CC, MPFI – Petrol (Manual & Auto Transmission) and 1.2-litre NGTC – Petrol (Manual & Auto Transmission).
The Sanand facility is being used to the fullest of its capacity, thereby vastly helping the Company to bring products faster to the market.
The company reported profits of $311.5 million with a total revenues of around $6.8 billion. Tesla had cash reserves of around $3 billion this quarter as opposed to $711 million last quarter. The profits surprised many market watchers since the general sentiment among the investors was that this would be another loss making quarter for the American automaker.
The operating profits are being attributed to the increased sales of Tesla Model 3. Tesla ironed out production bottlenecks of the Model 3, thus resulting in larger volumes of the vehicle. The company also faced few logistics issues since it could not cope with the increased numbers.
This quarter was also marred by Tesla CEO Elon Musk's gimmick claiming that he was taking the company private at $420 a share. This led to him having several run-ins with US' Securities and Exchange Commission (SEC). This case was later settled after Musk had to pay a fine of $20 million as well as step down as the Chairman of the company.
This is the biggest profit that Tesla recorded in its history of going public eight years ago. The carmaker had earlier announced two profitable quarters in 2013 and 2016 but it has never till date made a yearly profit.
Tesla is looking to cash in on the increased demand for the Model 3 in US as well as expand its market availability in Europe and China where the company expects considerable demand. The carmaker also hiked prices of the Model 3 in the US by $1,000 to $46,000 after the Government cut down on the subsidies provided to electric cars.
The British brand's first design studio to be located outside of the UK, the 'Aston Martin Lagonda Creative Lab, NICE 2035' is a partnership with Tongji University in Shanghai, one of the world's leading universities for the study of design and innovation.
Marek Reichman, Aston Martin Executive Vice President and Chief Creative Officer commented: "The Chinese market is incredibly important to the future success of Aston Martin. Collaborating with industry leaders and talented students at Tongji University will allow us to have a deeper understanding of the trends in China, ensuring we are focused on the needs of our Chinese customers.
"The first project of the new studio will be a collaboration on future interior designs for our sports cars and our first SUV, which will be launching in 2019."
Speaking at the opening of the design studio in Shanghai, Dean and Professor of the Tongji University College of Design and Innovation, Professor LOU Yongqi said: "I am sure this unique design studio has the potential to produce some truly inspirational ideas by combining the history of two century old organisations, in the culture rich city of Shanghai."
President of Aston Martin China, Mr. Peng Mingshan said: "Shanghai is one of the world's most energetic and vibrant cities, a real hub for technology, art and design. The Yangpu District is full of world-class universities and institutions, an ideal location to set up Aston Martin's first overseas design studio."
BMW has decided to carry out a technical campaign to check the EGR module and replace any faulty components on the potentially affected diesel vehicles.
The technical campaigns initially decided for European and Asian countries in mid-August 2018 involved around 480.000 BMW diesel vehicles. During further examination of engines with a similar technical setup, BMW analysed individual cases that were not included in the original technical campaigns. These individual cases posed no significant risk.
Nonetheless BMW has decided to further reduce even this minor risk by expanding the country-specific technical campaigns. As a whole, the initial technical campaign and the expanded campaign include around 1.6 million vehicles worldwide (production from August 2010 until August 2017). Individual production periods vary per model.
Customer information will be distributed in the sales organisation. Customers with vehicles involved in the technical campaign will be contacted by the company.
The new unit will have a team of experts working with commercial partners (importers) in each of these Latin American countries to consolidate Nissan's presence and ensure the delivery of high quality standards for product, customer service and after sales service.
Ricardo Rodríguez, who has 25 years of experience in Nissan in various key functions at the regional level, will be the new Managing Director of this unit that will operate similar to Nissan's affiliates in Brazil, Argentina, Chile and Peru.
"The creation of this new business unit responds to our business objectives and the importance that the region represents for Nissan," said Rodríguez. "The 34 member countries have the capacity and potential to place themselves in the top three of their markets, and Nissan aims to support their growth and achieve these goals."
Pedro Albarrán joins this team as Marketing Director. He has 20 years of experience leading multifunctional teams in the automotive industry. Albarrán will be responsible for the implementation of Nissan's commercial strategies in the 34 markets that make up this new subsidiary: Antigua, Aruba, Bahamas, Barbados, Belize, Bermuda, Bolivia, Costa Rica, Colombia, Curacao, Dominica, Dominican Republic, Ecuador, El Salvador, Grand Cayman, Grenada, Guatemala, Guyana, Haiti, Honduras, Jamaica, Montserrat, Nicaragua, Panama, Paraguay, Puerto Rico, St. Kitts, St. Lucia, St. Martin, St. Vincent, Suriname, Trinidad and Tobago, Uruguay and Venezuela.
The combined sales volume of Nissan in these countries represents 33% of Nissan's sales in Latin America and contributes 1.6% points to the market share of the brand in the region. Its market share was 9% at the close of fiscal year 2017.
The special celebration to mark the kickoff of Ranger production will include leaders from Ford and the United Auto Workers. Plant employees, media and others had a chance to ride in the Ranger on a custom-built, off-road course in the parking lot of the plant.
"Ford truck fans demanded a midsize pickup that's 'Built Ford Tough,' and we're delivering with our all-new Ranger that's specially designed and engineered for American truck customers," said Joe Hinrichs, Ford's president of global operations. "At the same time, we're revitalising our Michigan Assembly Plant and securing good-paying jobs for our hourly employees here in the US"
Ford has invested $850 million to build exciting new vehicles at Michigan Assembly Plant, including the all-new Ranger for North America and the highly anticipated new Ford Bronco, scheduled to begin production in 2020.
For Michigan Assembly, a sprawling 369-acre plant in Wayne, Mich., which opened in 1957 building station wagons, the start of Ranger production marks a new era.
Beginning in 1966, the plant began a 30-year run of building Bronco, one of the original sport utility vehicles that gained popularity in post-War America. Michigan Assembly gained acclaim as being among the most important and profitable factories in the world when it made Ford Expeditions and Lincoln Navigators from 1996 to 2008.
Early this year, Michigan Assembly ended production of the Focus small car to make way for a massive retooling in preparation for the Ranger launch.
The factory is set to build two high-profile vehicles again in the Ranger and all-new Bronco as American appetite for pickups and SUVs continues to grow.
Ford is transforming its product lineup, building on truck, SUV and commercial vehicle strengths. Ranger is the first in an onslaught of all-new vehicles that will see Ford aim to replace more than 75% of its current North American portfolio by 2020.
Powered by a 2.3-litre EcoBoost engine and class-exclusive 10-speed automatic transmission, Ranger will deliver driver-assist technologies and connectivity features as well as best-in-class payload, gas towing and gas torque.
"We have been waiting for this day for a long time," said Michigan Assembly Plant Manager Erik Williams. "The Ranger is back home in the US, and our employees at Michigan Assembly Plant are thrilled to be able to build it for our customers."
Ranger offers such innovative technologies as standard Pre-Collision Assist with Automatic Emergency Braking, available Blind Spot Information System with class-exclusive trailer coverage, and available SYNC 3 with Apple CarPlay and Android Auto compatibility.
An available FX4 Off-Road Package includes Terrain Management System, which provides multiple selectable drive modes and all-new Trail Control.