#Facility

Tesla’s much-anticipated massive battery production facility might have an officially announced location today.

General Motors announced today that it will invest $174 million in a new stamping facility as part of its Lansing Grand River Assembly Plant.

Honda announced today that they would use excess capacity at their Alabama plant following a $300 million investment in the facility. The investment will allow for a total of 340,000 units anually.

As the European and U.S. suffer from an economy of alarming volatility, automakers are constantly seeking emerging markets to attain sustainable growth. Mazda, introducing its automobiles in Mexico only six years ago, have now established a new production facility, in joint venture with Sumitomo Corporation, in Salamanca, Mexico.

Contrary to earlier reports, Mazda will not be ending production of its Mazda6 midsize sedan. Earlier reports suggested that the slow-selling model would be axed after reports emerged that production of the vehicle at Mazda’s Flat Rock, Michigan plant may cease.