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BEWI ASA, the owner of BEWiSynbra Group AB and a leading provider of packaging, components, and insulation solutions, today announces that the company has entered into an agreement to acquire a majority stake of the listed Polish company IZOBLOK, a leading European provider of Expanded Polypropylene (EPP) components to the automotive industry.

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Ford confirmed today that it will invest $300 million to build a new light commercial vehicle in 2023 at its Craiova Assembly Plant in Romania, including an all-electric version due to debut in 2024 - the first all-electric Ford volume vehicle to be built in Romania.

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SK IE Technology Co., ltd. belonging to the SK Group announces another investment in Poland.

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The recently established Stellantis Group, as the fourth largest automotive conglomerate in the world, is bringing the manufacturing of the new generation 1.6-litre petrol engines to Szentgotthárd, Hungary.

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The Luma Automation Capital Group has successfully acquired IRON-TECH Zrt., one of the Hungarian leaders of the market of the precision metal parts manufacturing mainly for automotive and rail industry.

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The implementation of border controls between the German and the Czech and Austrian border crossings risk to create disturbances in automotive industry production plants soon.

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Kia Motors Europe has completed a range of upgrades to its European vehicle and engine production plant in Žilina, Slovakia.

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ŠKODA AUTO launches series production of the ENYAQ iV at its main plant in Mladá Boleslav. 32-million-euro investment. Production of up to 350 ENYAQ iV per day.