Tag: Auto Plant

Russia Nationalises Renault’s Moscow Plant 
May 17, 2022 No Responses

Russia Nationalises Renault’s Moscow Plant 

Renault has announced it is selling its majority stake in Russian carmaker Avtovaz, following pressure over its continued presence in the country.  The French carmaker said it would sell its 68% interest to a Russian science institute, while its shares...
read more
Hyundai Plans U.S. EV Plant
May 10, 2022 No Responses

Hyundai Plans U.S. EV Plant

Hyundai Motor Company plans to build a new electric-vehicle manufacturing plant in the United States and has held discussions with officials in Georgia, near existing plants for the Hyundai and Kia brands, people with knowledge of its plans told Reuters....
read more
Hyundai Completes $2.62b GTL Plant In Uzbekistan
December 31, 2021 No Responses

Hyundai Completes $2.62b GTL Plant In Uzbekistan

Hyundai Engineering has completed construction of GTL (Gas-to-Liquid) plant worth $2.62 billion in Uzbekistan. At the unveiling ceremony were officials from the Uzbekistan government, including President Shavkat Mirziyoyev, Prime Minister Abdulla Ari...
read more