Latest news with #AutomotiveNews
Yahoo
13 hours ago
- Automotive
- Yahoo
Rivian seating supplier Adient to bring operation to Normal, Ill.
Automotive seating manufacturer Adient is setting up shop next to the Rivian plant in Normal, Ill., as the electric-vehicle maker gears up to make a new, smaller SUV. Adient plans to invest more than $8 million and create at least 75 jobs, the state of Illinois says. The company will receive an estimated $4 million in credits for payroll taxes under a state incentive program aimed at EV manufacturers and suppliers. It was not immediately clear if the Normal operation represents new business for Adient. A spokesperson for Adient declined to provide further details about the plant. A Rivian spokesperson could not be immediately reached for comment by Automotive News. Adient employs more than 70,000 people worldwide and operates more than 200 plants, including 30 in the United States. It serves virtually all the world's automakers, including the Detroit 3, Toyota Motor Corp., Honda Motor Co. and Volkswagen Group. The company ranks No. 18 on the Automotive News list of the top 100 global suppliers, generating $14.7 billion in worldwide sales to automakers in 2024. Future Product Rivian future product Find our what powertrains, redesigns and freshenings are planned for the next four years. View the list Brand future product timelines Rivian has been the biggest success so far in Illinois' move to become an EV manufacturing hub. The company employs more than 8,000 people at its assembly plant in Normal. In addition to its electric truck, SUV and a commercial delivery van, Rivian is preparing to manufacture a smaller, less expensive SUV. The Irvine, Calif.-based company bought the vacant former Diamond-Star Motors manufacturing plant in Normal in 2017. Rivian has steadily added to the facility and plans to create a supplier park. 'Adient's new facility in Normal is a critical investment in our state's growing EV ecosystem and supply chain,' Gov. JB Pritzker said in a statement. Sign up for the weekly Automotive News Mobility Report newsletter for the latest developments at the intersection of transportation and technology. Gotion, another Rivian supplier, is ramping up a battery production facility in Manteno that is expected to employ up to 2,600 people. It's expected to start assembling industrial batteries for wind and solar energy storage this year, followed by EV batteries. Rivian and the rest of the EV industry face a key test later this year when federal rebates for EVs are set to expire. Send us a letter to the editor Have an opinion about this story? Tell us about it and we may publish it in print. Click here to submit a letter to the editor.
Motor 1
a day ago
- Automotive
- Motor 1
Nissan planea cerrar otra fábrica de la Frontier en Latinoamérica
En marzo pasado, cuando Nissan anunció que cerrará su producción industrial en la Argentina, la marca japonesa informó que la fabricación de la pick-up Frontier/Navara para toda Latinoamérica se concentraría en México: en la histórica Planta Civac de Morelos ( ver comunicado ). Sin embargo, la Planta Civac ahora también quedó en la mira de una nueva serie de recortes a nivel mundial, que está encarando la automotriz japonesa para salir de su crisis global. Según informó Automotive News , esta fábrica de México cerrará sus puertas a comienzos de 2027. El plan de bajar las persianas de la Planta Civac es todo un símbolo que grafica el grado de dificultades que atraviesa la empresa: en 1966, esta fábrica de México fue la primera que Nissan abrió afuera de Japón. En casi 60 años de historia se convirtió en un emblema de la expansión mundial de la compañía. Hoy la Planta Civac opera con dos líneas de producción. En la Línea 1 se fabrica la pick-up Frontier/Navara para toda Latinoamérica. Es la camioneta más vendida de México y buena parte de Centroamérica. En la Línea 2 se produce en la actualidad el Versa . Sin embargo, ya se sabe que la Línea 2 cesará su actividad a fin de año, para trasladar ese sedán a la otra fábrica que Nissan tiene en México: el complejo de Nissan Mexicana A2 de Aguascalientes, que hoy produce los modelos Sentra y Kicks . ¿Y la Frontier/Navara? Todo indica que se mudará a la Planta Compas . Es otro centro industrial que Nissan tiene en Aguascalientes y que está ubicado muy cerca de la Planta A2: se inauguró en julio de 2015 en alianza con Renault y Mercedes-Benz . En la actualidad, la Planta Compas produce los modelos Infiniti QX50, Infiniti QX55 y Mercedes-Benz Clase GLB , pero se encuentra en medio de una reconversión tras el enfriamiento de la alianza entre Renault-Nissan y Mercedes-Benz . En caso de que se libere la capacidad industrial de la Planta Compas, podría comenzar la mudanza de la línea de producción de la Frontier/Navara desde Morelos hacia Aguascalientes. La Planta Civac hoy apera a sólo un tercio de su capacidad industrial, mientras que las dos fábricas de Aguascalientes se encuentran cercanas al 79% de sus posibilidades. Del mismo modo en que ocurrió con la Fábrica Santa Isabel en Córdoba, Nissan padece su propia crisis financiera interna. Pero, además, todavía sufre los coletazos de la fallida alianza con Mercedes-Benz, que que se desencadenó a partir de la cancelación de la pick-up Clase X ( leer historia ). A pesar de ser una fábrica anticuada, la Planta Civac de México podría tener un futuro bajo otra empresa. Automotive News citó a fuentes cercanas con la negociación acerca de una posible compra del establecimiento por parte de marcas chinas como BYD y Saic . El informe completo de Automotive News sobre los planes de cierre de la Planta Civac en México se publica acá abajo. C.C. Galería: Nissan México - Planta Civac 10 Fuente: Motor1 Argentina ADEMÁS En el Twitter de @Motor1Argentina Notas relacionadas Nissan anunció que deja de producir vehículos en Argentina Renault Argentina también confirmó el fin de la pick-up Alaskan Cómo se vive el "día después" de la despedida industrial de Nissan Argentina "Si al país le va bien, vamos seguir teniendo una buena presencia en Argentina" Compartí esta nota Facebook X LinkedIn Flipboard Reddit WhatsApp E-Mail Enviá tu noticia a novedades@ Ocultar comunicado de prensa Leer comunicado de prensa Nota de Automotive News Nissan shutting Mexico plant that was company's first outside Japan by early 2027 By Urvaksh Karkaria Nissan Motor Co. plans to shrink its industrial footprint in Mexico by ending production at two assembly plants, including a manufacturing joint venture with Mercedes-Benz. According to two people with knowledge of the matter, Nissan is expected to shut down its nearly 60-year-old Civac plant in south-central Mexico no later than March 2027, the end of the Japanese carmaker's business year. Additionally, Nissan is expected to dissolveits COMPAS joint venture with Mercedes after crossover production at the 2.37-million-square-foot factory in Aguascalientes, Mexico, concludes early next year. Nissan will end production of two Infiniti crossovers at the COMPAS plant in late 2025. Mercedes will halt GLB crossover production in the first quarter next year, according to AutoForecast Solutions. Nissan manufactures the Navara and Latin America Frontier pickups at Civac, which was the company's first manufacturing operation outside Japan. According to a source, Nissan will consolidate production from Civac at two company-owned factories in Aguascalientes, about 365 miles northwest. Chinese automotive juggernauts such as BYD and SAIC could be interested in Civac as they seek North American capacity to fuel high-octane growth plans. The factory closures are part of a global manufacturing retrenchment for Nissan as its global sales have plunged nearly 40 percent since before the pandemic. Facing its largest financial loss in a quarter-century, Nissan plans to shutter seven assembly plants and cut capacity by nearly 30 percent to 2.5 million vehicles by the 2027 fiscal year. The company has said sites in Japan, India and Argentina will close, and it's also expected to close factories in Thailand and South Africa. Spokesperson Brian Brockman said Nissan is reviewing the integration and closure of some of its global production sites: 'However, this process has not yet been concluded,' Brockman said. 'If any decisions are made, we will provide information at the appropriate time.' The 4.4-million-square-foot Civac factory in Jiutepec is outdated and no longer cost-effective to operate, a source told Automotive News. The assembly plant has been a cornerstone of the automaker's global expansion. It opened in 1966 with a single production line that built the Datsun Bluebird. In 1972, Nissan started exporting vehicles from Civac, which has built more than 6 million vehicles and created thousands of jobs in the decades since. According to AutoForecast Solutions, Civac last year produced 80,000 pickups and operated at less than a third of its capacity. This year, Nissan plans to build 57,000 vehicles there, a fraction of the 294,000 units the plant assembled in 2016. In March, Nissan said it would end Frontier production at a Renault-operated factory in Córdoba, Argentina, and consolidate Latin American pickup production at Civac. By year's end, Nissan will reduce the Mexico plant from two assembly lines to one, a source said. In response to President Donald Trump's 25 percent tariff on Mexican-made cars, Nissan has stopped building unprofitable trims of the Sentra and Kicks for the U.S. market, freeing capacity in Aguascalientes to absorb Civac production. It plans to discontinue U.S. sales of the Versa next year, creating additional room in Aguascalientes. AutoForecast Solutions said Nissan's two Aguascalientes factories are operating at 79 percent of their capacity and can absorb the pickups from Civac. While financially troubled Nissan cannot afford to operate an underutilized plant such as Civac, the automaker will be walking away from a hefty investment and a skilled workforce built over decades. Closing Civac also is politically sensitive, given its heritage and economic significance. Last year, Mexico accounted for 20 percent of Nissan's North American sales. A deal with Honda, which reportedly is interested in building a Frontier-based pickup for the U.S. market, could have ramped up Civac's assembly lines, a source said. However, Trump's tariffs on Mexican imports have made that unlikely. AutoForecast Solutions Vice President Sam Fiorani said Civac would present an 'economical first step to local production' for a Chinese automaker. 'A brownfield plant would require an investment in the hundreds of millions of dollars rather than the billions of dollars needed for a greenfield plant,' Fiorani said. 'A ready-and-willing and trained workforce would be a highlight of such an acquisition.'
Motor Trend
2 days ago
- Automotive
- Motor Trend
Report: Nissan Closing Two More Production Plants By 2027
With Nissan in dire straits, the Japanese brand has been reaching for every avenue to save itself through the 'Re:Nissan' initiative. Recently, word came down on July 15 that its Oppama plant in Kanagawa, Japan, would shut down and production there would move to Kyushu (in Fukuoka, Japan) by early 2027. Now, a new report suggests is that two of Nissan's Mexico plants will shutter in the same timeframe with no word on where the vehicles built there will be assembled in the future. Nissan plans to close its Civac and COMPAS plants in Mexico by 2027 as part of its "Re:Nissan" initiative to reduce global production sites. The move follows the closure of the Oppama plant in Japan and aims to cut plant numbers from 17 to 10 to avoid financial issues. This summary was generated by AI using content from this MotorTrend article Read Next The Oppama news sent shockwaves because it was Nissan's flagship plant and builds the Nissan Note and the Aura. Now, as Automotive News reports, the Civac plant located in Morelos and the Cooperation Manufacturing Plant Aguascalientes (COMPAS) plant in Aguascalientes, Mexico, are the next two facilities on the early 2027 chopping block. Civac was the first international plant Nissan had owned and first opened in 1966. According to the Automotive News report, the 60-year-old plant is outdated and would require a large sum of cash to bring it up to date. Currently, this plant is producing the South American version of the Frontier (as the NP300, NP300 Navara, or the NP300 Frontier), the Mexico-only V-Drive based on the N17 Versa, and the current N18 Versa that is sold in the U.S. This isn't the first time that Civac has been rumored to be closing, as there was speculation back in May about its demise, but Nissan denied the rumor then. According to that same Automotive News report, Chinese automotive manufacturers BYD and SAIC are eyeing the plant to gain production capacity in North America. COMPAS, on the other hand, was opened just 10 years ago as a joint venture between Nissan and Mercedes-Benz. This was the plant that produced the Mercedes GLB in 2019, the Infiniti QX50 in 2017, and the QX55 in 2021. All three vehicles are slated to end production with Infiniti pausing new orders on the QX50/55 back in April and production slated to close later this year citing Trump administration tariffs on non-U.S.-built vehicles. The Mercedes GLB will end production in the first quarter of 2026 with a new generation architecture moving to the MMA and rumored to move production to the U.S. We reached out to Nissan to confirm this story, and received this response: 'Under Re:Nissan, Nissan is currently reviewing the integration and closure of some of its global production sites. However, this process has not yet been concluded beyond the three sites that have been announced so far. We are committed to maintaining transparency with our stakeholders and if any decisions are made, we will provide information at the appropriate time.' The three plants Nissan is referring to are the recently announced Oppama plant in Japan, the closing of one Thailand plant by consolidating its two plants in Samat Prakan province, and an unnamed third plant. The goal of Re:Nissan is to reduce its plant count from 17 to 10 to become a solvent company and not risk bankruptcy to reduce its financial burdens.
Miami Herald
2 days ago
- Automotive
- Miami Herald
Nissan Plans to Shutter Mexican Factories in Cost-Cutting Move
According to a new report from Automotive News, Japanese automotive powerhouse Nissan is planning to reduce its manufacturing capacity in Mexico next year by shuttering two of its plants, including one that was opened as a joint venture with German luxury automaker Mercedes-Benz. Per two sources, Nissan is expected to shut down the Civac plant in Jiutepec, Mexico, no later than March 2027, at the end of its 2026-2027 fiscal year. Like other Japanese automakers, Nissan follows a traditional fiscal year pattern known as nendo (年度), which runs from April 1 to March 31 the following year. In addition, Nissan is reportedly set to end its joint venture with Mercedes on crossover production at the 2.37 million-square-foot COMPAS factory in Aguascalientes, Mexico. According to AutoForecast Solutions, Nissan will end production of two Infiniti crossovers at the plant later this year, while Mercedes will halt GLB production during the first quarter of 2026. Like the soon-to-be-shuttered Oppama plant in Japan, the 4.4-million-square-foot CIVAC factory has some historical provenance with Nissan. The Jiutepec, Mexico, facility has been making cars in Mexico since 1966, just five years after it arrived in the market. In 1972, Nissan started exporting vehicles from Civac, and in the decades since, it has built more than 6 million vehicles and created thousands of jobs in the region. Currently, Nissan produces the Navara and Latin America-market Frontier pickup trucks at the plant. However, data from AutoForecast Solutions shows that the plant is running at less than a third of its capacity, as it made just 80,000 pickups there last year. In 2025, Nissan plans to build 57,000, only a fraction of the 294,000 units it pumped out in 2016. Though the CIVAC plant was its first manufacturing plant outside Japan, according to one of the sources who spoke with Automotive News, the nearly 60-year-old plant is outdated and no longer cost-effective to operate. Another source told AutoNews that the automaker will consolidate production at the plant to two company-owned factories in Aguascalientes. The news of another potential shuttered historical Nissan plant comes on the heels of the announcement of the fate of the historic Oppama plant in Japan, which has been officially declared closed as part of the Re:Nissan restructuring and corporate austerity plan. The plant outside Tokyo has operated since 1961 as Nissan's central facility in Japan and employs about 2,400 employees. However, in a statement dated July 15, the Japanese carmaker said it will cease production by March 2028, at the end of the fiscal year 2027. As part of the Re:Nissan plan, the automaker is expected to shut down seven of its factories and reduce its bloated manufacturing capacity by nearly 30 percent to 2.5 million vehicles by the 2027 fiscal year. Plants in Japan, India, Argentina, Thailand, and South Africa are also expected to close. In a statement to AutoNews, Nissan spokesperson Brian Brockman said the moves aren't final just yet. "However, this process has not yet been concluded," Brockman said. "If any decisions are made, we will provide information at the appropriate time." Over the years, the CIVAC plant has produced many significant Nissan models, including the Datsun Bluebird, the Versa, the Sentra, the B13 Sentra-based Tsuru, and even the Nissan NV200 Taxi, which was made for a New York City pilot project. While this move comes as the Re:Nissan plan seeks to eliminate its unprofitable corners, it comes at the same time as the Trump administration lays down its tariffs on imported cars. As I mentioned previously, Nissan must overcome more than low sales and a bloated production capacity to save itself; it still has to play ball in its largest market, the United States. The Trump administration has currently imposed a 25% tariff on cars made in Mexico and has threatened to raise tariffs to 30% starting August 1. In response to these tariffs, Nissan has paused production of less profitable trims of the Sentra and Kicks for the U.S. market and plans to discontinue U.S. sales of the Versa next year. Copyright 2025 The Arena Group, Inc. All Rights Reserved.
Miami Herald
2 days ago
- Automotive
- Miami Herald
Stellantis expects first-half net loss of $2.7 billion as tariffs hit
Stellantis on Monday said it expects a net loss of 2.3 billion euros (approximately $2.7 billion at current exchange rates) in the first half of the year as it begins to feel the impact of U.S. tariffs while attempting to reorganize itself for greater long-term profitability. The report was unusual in that Stellantis released preliminary and unaudited financial information for the first half of the year, after suspending financial guidance for the full year April 30. The automaker said it took this action, considered extraordinary by financial experts, because of the divergence of analyst consensus forecast with its actual performance. Stellantis' reported net revenue of 74.3 billion euros ($86.9 billion) in the first half contrasts with 85 billion euros ($99.4 billion) and a 5.6 billion euro ($6.5 billion) net profit for the same period in 2024. It underscores the challenges still faced by new CEO Antonio Filosa, who was appointed in May after leading Stellantis' Jeep brand. Stellantis said four key factors impacted its financial performance in the first half of the year. One is the tariffs imposed by President Trump, which Stellantis estimates cost it 300 million euros ($351 million) due to lower shipments and production cuts. The automaker said its overall shipments fell to an estimated 1.4 million vehicles, down 6% from the same period in 2024. In North America, Stellantis reported that vehicle shipments declined 25% year-over-year due to reduced manufacturing and lower shipments of imported vehicles as the tariffs took hold. Last year, Stellantis imported over 40% of the 1.2 million vehicles it sold in the United States, mostly from Canada and Mexico, according to Automotive News. Stellantis also listed higher industrial costs, changes in foreign exchange rates, and roughly 3.3 billion euros ($3.8 billion) in pre-tax net costs associated with a product strategy shift that included canceling a hydrogen fuel-cell powertrain project and recommitting to hybrids in Europe and conventional internal-combustion powertrains in the U.S. Earlier this month, the automaker launched a hybrid version of the Fiat 500 in Europe, and it's announced the return of the Hemi V8 engine to the Ram 1500 pickup truck in the U.S. That's one of several moves by returned Ram boss Tim Kuniskis, along with a return to NASCAR racing and a possible passenger van, aimed at reviving the flagging brand. New CEO Filosa faces a similar task across the entire Stellantis constellation of brands. He replaces Carlos Tavares, who was ousted late last year amid poor financial performance. Stellantis' first-half 2025 net revenue was in fact up from the second half of 2024, but the results show the automaker still has a long way to go. Copyright 2025 The Arena Group, Inc. All Rights Reserved.
