Manufacturing

Shares in the multinational car manufacturer Stellantis tanked on Monday on the Milan, Paris and New York stock markets after its CEO, Carlos Tavares resigned. The group, which manufactures [...]

Multinational car manufacturer Stellantis is to up production at its plant in Mangulade from 12 vehicles to 18 vehicles per hour. To do this, it will create a fourth daily shift and install a [...]

Industrial business turnover in Portugal suffered a like-for-like fall of 2.6% in May after having posted a zero variation for April according to data from the National Statistics Institute. [...]

Plans to cut costs at car manufacturer PSA were averted because of the merger between Fiat Chrysler and PSA in 2019 to create Stellantis. The Portuguese CEO of Stellantis, the group which [...]

Portuguese metallurgy and metalworks exports achieved an annual record in 2023, busting the €24Bn mark after growth of around 4%. In a communiqué, the Association of Metallurgy and Metalworking [...]

Exports of car components from Portugal have grown to over €1Bn, up 22% this year compared to 2022. This is according to the Portuguese Association of Manufacturers for the Automobile Industry [...]

Portugal’s industrial index posted a like-for-like reduction in business turnover of 5.2% in August although it was a 2.6% recovery on July. According to data from the national statistics office [...]

Portugal’s largest car plant Autoeuropa will restart production on October 2 according to a note sent to employees. The decision was taken after the company managed to find alternatives to its [...]

Portugal’s footwear industry had a tough year to July suffering a fall in orders for the export market of 9% while losing 1% in value. This is according to the news agency Lusa that sounded out [...]

The Portuguese food and sports clothing group Prozis, owned by entrepreneur Miguel Milhão, aims to have a €10 million turnover for its 12th factory that will produce socks. Miguel Milhão is the [...]