As the world's leading provider of confidential insider information from 1979 to 2000, Auto Industry Newsletter has now re-emerged by popular request to provide chief executives with the insight necessary to meet today's challenges. Editor: John Mortimer
Showing posts with label Master. Show all posts
Showing posts with label Master. Show all posts
Sunday, 24 January 2016
Master achieves record output in 2015
According to Renault
sources, the company's Sandouville plant in France built 93,000 New Trafic
and vehicles for Renault and its partner GM in 2015.
Friday, 13 June 2014
First Trafic vans from Sandouville
For the first time in its history, since it was opened in 1964, Renault’s
Sandouville plant is about to start building light commercial vehicles (LCVs).
The plant will produce New Trafic (to
be launched this summer) and the high-roof version of the Opel/Vauxhall Vivaro,
previously built in Spain (Nissan plant in Barcelona) and the UK (General
Motors plant in Luton).
Friday, 18 April 2014
Major investment by Renault in Brazil
A new investment cycle has been implemented by Renault
Group in Brazil worth R$ 500 million (£133 million) over the 2014-2019 period.
This investment will be
channelled into the development of two new cars at Renault's plant in Curitiba.
Thursday, 3 October 2013
Millbrook acquired by Rutland Partners
As exclusively reported in this blogspot on 25 September,
Rutland Partners of Regent Street, London has now confirmed it has acquired
Millbrook Proving Ground Limited. The wait is over - this blogspot first revealed Millbrook being placed 'for sale' a year ago in October 2012!
The venture capitalist company exchanged contracts with General Motors (on
2 October) for the acquisition of Millbrook Proving Ground Limited for an
undisclosed amount with additional funds being made available for the
development of new facilities.
The nature of the ‘new money’ and new investments has not at this stage
been disclosed. The consideration could be a multiple of Millbrook’s trading
profits. For example, Rutland acquired Pizza Hut UK Restaurants for £20 million
and the renowned test centre might seem a strange bedfellow alongside the Edinburgh
Woollen Mill business which Rutland acquired for £80 million.
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