Foster Wheeler AG announced that Roberto Penno, 53, has been appointed Chief Executive Officer of the company’s Global Engineering and Construction (E&C) Group, effective November 11. He succeeds Umberto della Sala in that role. Mr. ...
Tags: Foster Wheeler, E&C Group
Mitsubishi Motors Corporation and the Renault-Nissan Alliance have announced plans to explore several new projects involving shared products, technologies and manufacturing capacity. The expansion of the existing NMKV joint venture ...
Tags: Mitsubishi, Renault-Nissan, City Car
The $9990 Chery J1 and fellow Chinese import, the Great Wall X240, have been forced out of the Australian market after failing to comply with new mandatory electronic stability control (ESC) laws. The law, which mandates that ESC must be ...
Brice Koch (photo), head of the Power Systems division at ABB is leaving the company to become CEO at Oerlikon—a Swiss-based industrial group specializing in machine and plant engineering. ABB aims to have a permanent successor in ...
Tags: Consumer Electronics, Electronics
Suzuki has revealed four new concept cars ahead of their joint world debut at next month’s Tokyo motor show. All based around Suzuki‘s ‘Small Cars for a Big Future’ slogan, the Japanese manufacturer says all four ...
Tags: Suzuki, Tokyo-Bound Concepts
Volvo will introduce two all-new 2.0-litre four-cylinder engines to its S60, V60 and XC60 line-ups from April next year, but all-wheel-drive models won’t get a new engine until 2015. Volvo Car Australia managing director Matt Braid ...
Tags: Volvo, Drive-E Engines
G&K Services, Inc. announced that Jeffrey L. Wright plans to retire as Executive Vice President and Chief Financial Officer. The company is beginning a search for his successor, considering both internal and external candidates. To ensure ...
Tags: G&K Services, Wright
The first video of the Audi Sport quattro concept has been officially released by the German car maker as a thank you to its Facebook fans. Celebrating Audi AG’s Facebook page eclipsing 100,000 likes, the video shows the 515kW/880Nm ...
Tags: Audi, Sport Quattro Concept
The BMW 2 Series Coupe has been officially unveiled, marking the introduction of the German car maker’s all-new premium compact model line. The arrival of the 1 Series hatchback-based BMW 2 Series family represents the continuation ...
Tags: BMW 2, M235i Coupe
The interior of the all-new Mercedes-Benz V-Class has been revealed ahead of its anticipated 2014 debut. The planned successor to the Viano van, Mercedes-Benz says the new V-Class will be its largest passenger car and the ideal vehicle ...
Tags: Mercedes-Benz, V-Class
Honda will unveil its highly anticipated and long-rumoured S2000 successor at next month’s Tokyo motor show. Fans hoping for a new generation of the 2.0-litre rear-wheel-drive S2000 are likely to be disappointed with the Honda S660 ...
Tags: Honda S2000, Tokyo Motor Show
A year ago, rising domestic property prices would most likely have prompted policymakers to reach into the cupboard and pull out a blanket and smother them. Former premier Wen Jiabao, who stepped down in March, oversaw a nearly ...
Tags: Real Estate Measures
The new Nissan X-Trail, Pathfinder Hybrid and Pulsar SSS sedan have been confirmed for Australian showrooms in the second quarter of 2014 as the Japanese car maker continues the renewal and diversification of its local line-up. Nissan has ...
Tags: Nissan X-Trail, Pathfinder Hybrid
Oclaro Inc of San Jose, CA, USA, which provides lasers and optical components, modules and subsystems for optical communications, says that its chief financial officer Jerry Turin plans to resign on 8 November to pursue other opportunities. ...
Tags: Oclaro, Electrical, Electronics
Jaguar Land Rover is set to end the production of its Defender model in December 2015, a move which will end the iconic vehicle’s run of 67 years. The last of the models will roll off the production line at the company's Solihull ...
Tags: Jaguar, Land Rover