EPT (Electronic Precision Technology) automotive, a subsidiary of EPT GmbH & KG, Peiting, Germany, has leased 46,300 square feet of manufacturing space in River's Bend in Chesterfield County for a new facility to produce electrical connectors for the automotive industry.
SVOX, the leading provider of embedded speech solutions, opened its first office in Greater Detroit, United States. The development marks an important milestone in the continuing expansion of the company's geographical footprint.
HUGHES Telematics announced that it is expanding its presence to Tokyo, Japan. The expansion offers HUGHES better access to Japanese automotive manufacturers to offer support for their telematics planning and execution activities.
Honda held a groundbreaking ceremony to mark the beginning of the construction of its new automobile plant Honda Manufacturing of Indiana, LLC (HMIN). The plant is expected to have an investment of $550 million. This new plant will produce Honda Civic sedan.
Hyundai Motor Company, the world's sixth largest car manufacturer announced that it has entered into a strategic cooperation with Infineon Technologies AG, one of the leading semiconductor supplier to the automotive industry, for the development of automotive electronics.