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Mercedes-Benz Cars invests €1B in new “Full-Flex” car plant in Hungary; Factory 56 applied to full plant

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Mercedes-Benz Cars is starting construction of its first “Full-Flex Plant“ in Kecskemét, Hungary, about 90 km in the south of Budapest. With an investment of one billion euros, we are building in Hungary the first ‘Full-Flex Plant’ in the global production network of Mercedes-Benz Cars.

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Schaeffler introducing 4in1 electric axles for EVs

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In the future, Schaeffler will supply beam axles to automobile manufacturers, particularly in North America. Schaeffler has already secured its first orders for electric beam axles from automobile manufacturers. In September 2021, production started at its plant in Szombathely, Hungary.

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BMW investing €400M in new vehicle assembly at Munich plant as part of shift to electromobility; engine production being concentrated at Steyr and Hams Hall

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It will ramp up for the first time at our future plant in Debrecen, Hungary, before being rolled out across our global production network in stages. The BMW Group was positioned as sector leader in the “Automobiles” category of the Dow Jones Sustainability Indices World and Europe, announced just a few days ago.

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4Q 2019: EU diesel demand continues to drop while gasoline gains; plug-ins up 80.5% y-o-y

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of new-car registrations, according to data from ACEA, the European Automobile Manufacturers Association. digit gains were also seen in Belgium (+17.7%), Slovenia (+18.2%), Hungary (+18.4%), Sweden (+30.5%) and Romania (+31.1%). In the last quarter of 2019, EU demand for diesel cars further decreased , dropping to 29.5%

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ACEA: EU commercial vehicle registrations: down 23.2% in Q1 2020; -47.3% in March

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across the EU, as measures to prevent the spread of COVID-19 lead to the closure of dealerships, according to the ACEA (European Automobile Manufacturers Association). With the exception of Hungary, which posted a more modest decline than other countries, all EU markets saw double-digit percentage drops last month, including the major ones.

2020 259
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Toray to enter large tow carbon fiber business via $584M acquisition of Zoltec; wind and automotive markets

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However, large tow carbon fiber is anticipated to expand its applications, based on its reasonable balance between cost and performance, to wind energy-related which shows rapid demand growth in recent years, and automobile structural parts in future.

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Mercedes-Benz Cars plants in Germany to be supplied with CO2-neutral energy from 2022

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The preparations for exclusively green electricity for a climate-friendly production in Europe are already well advanced. In Kecskemét (Hungary), a second plant under construction will be CO 2 -neutral. According to its slogan— digital, flexible, green—it will set standards within the worldwide automobile production.

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