Sri Lanka is celebrating its first auto assembly plant, a facility launched by neighboring India’s Mahindra & Mahindra Ltd. to make KUV100 mini-crossover vehicles from kits.
The $11 million factory is operated by Mahindra Ideal Lanka Ltd. The joint venture is owned 65% by Mahindra and 35% by local distributor Ideal Motors.
Sri Lanka’s annual car market consists of about 36,000 vehicles, 80% of them used. The country’s entire supply of vehicles is imported, with tariffs ranging between 100% and 300%.
Mahindra Ideal has capacity to assemble 5,000 crossovers per year. The venture’s factory is using local suppliers for tires, batteries, seats and exhaust systems to provide roughly 30% local content for the KUV100s it makes. The venture plans to add other models in the future.
General Motors Co. says it hopes to claim equipment and inventory from a bankrupt interior trim supplier to avoid being forced to idle all 19 of its U.S. assembly plants.
In two hours or less, you can create fairly sophisticated animations from your CAD system's solid models so that people who know nothing more than how to use Microsoft Word and PowerPoint on their Windows-based computers can better understand a part or assembly design
In order to keep the Classic of interest, Ram Truck has gone back to 1976, the year they launched the Dodge Warlock, a “factory-personalized” pickup, and have created the 2019 Ram 1500 Classic Warlock.