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Honda to build new automobile production plant in Thailand; total capacity to increase to 420,000 units in 2015

Green Car Congress

Honda Automobile (Thailand) Co., HATC), Honda’s automobile production and sales subsidiary in Thailand, plans to build a new automobile production plant with an annual production capacity of 120,000 units. With an investment of approximately 17.15 With an investment of approximately 17.15

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SUVs became the largest and fastest-growing automotive segment in 2015; up 22% from 2014

Green Car Congress

Global sales of SUVs surged 22% in 2015, supporting an overall increase in global sales of light vehicles of 1.7% in 2014-2015, according to data released by global market research company Euromonitor International. SUVs overtook lower medium cars to become the largest automotive segment in 2015, accounting for 22.9%

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BYD Chairman forecasts falling profit margins in 2024

Teslarati

BYD hopes to ensure stable profitability by improving sales. The company is aiming for a 20% sales growth this year. BYD plans to launch Tesla Cybertruck competitor in 2024 During the Bangkok Motor Show in Thailand, BYD stole the limelight with an array of electric vehicles (EVs) and new energy vehicle displays.

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Ford unveils new 2015 Focus four-door sedan; 1.0L EcoBoost with start/stop comes to US model

Green Car Congress

2015 Focus four-door sedan. 2015 Ford Focus Electric. In the US market, Sterling Gray is the most popular at 21% of sales, with Tuxedo Black second at 15%. In China, Crystal Solid White is overwhelmingly the most popular with just more than 50% of sales. Click to enlarge. Earlier post.) Click to enlarge.

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BioAmber receives C$7M grant from SDTC; switch to 2nd gen yeast

Green Car Congress

When completed in early 2015, the Sarnia plant will be the world’s largest succinic acid production facility. The SDTC grant also supports the switch to BioAmber’s second-generation yeast, which proved to be significantly more cost competitive than the bacteria-based fermentation originally designed to operate in Sarnia.

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Mitsubishi to debut eight xEVs in next five years: hybrids, plug-in hybrids, EVs

Green Car Congress

Mitsubishi will introduce 8 xEVs by FY 2015. Mitsubishi Motors Corporation (MMC) plans to introduce eight hybrid (HEV), plug-in hybrid (PHEV), and battery-powered (BEV) models by fiscal year 2015 in anticipation that demand for low-carbon, fuel-efficient automobiles will expand worldwide. by Jack Rosebro. Click to enlarge.

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Report: Suzuki to build another engine plant in Indonesia, tripling its output

Green Car Congress

The automaker will invest roughly ¥30 billion (US$390 million) to set up engine manufacturing operations from parts production to finished engines, by 2015, according to the report. The Nikkei reports that Suzuki Motor Corp. plans to build another engine factory in Indonesia, tripling its output there to 150,000 units a year.

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