PSA Peugeot Sales Dropping in China & Southeast Asia!
PSA Peugeot Citroen's sales in China and Southeast Asia continued to slump in May, dropping 50 percent year on year to below 24,800. The French automaker did not release country-by-country sales figures but China accounts for nearly all of PSA's Asian volume. Last month, roughly 16,600 Peugeot models and 8,200 Citroen cars including 500 DS models were delivered in China and Southeast Asia, according to figures PSA disclosed on its website. Through May, PSA’s deliveries
Automotive Industrial Robot Market To Reach $8 Billion By 2021!
Industrial robots are in high demand in the automotive sector, and a research company is saying the market will grow to beyond $8 billion by 2021. In the report published by MarketsandMarkets, the market was estimated to be $5.07 billion in 2016, and is projected to grow to $8.44 billion by 2021, at a growth rate of 10.74 per cent. The full title of the study is Automotive Robotics Market by Type (Articulated, Cartesian, SCARA, Cylindrical), Component (Controller, Robotic Arm
Amsia Motors, Auto assembly plant in Brasil, for US$500 Million.
Jackson Barreto signs letter of intent for installation of Amsia Motors Auto plant in Sergipe, Brasil. Without further due, it is time to set the record straight about some of the misinterpretation by various media and requires strict correction about Amsia Motors. In lieu of which the State of Sergipe has been informed promptly. Mustafa Z. Ahmed, Chairman and CEO of Amsia Motors, signed an agreement with the government of Sergipe in Northern Brazil 27th June, Thursday to