German automobile manufacturer Audi is set to further expand its business activities in the Chinese market. Together with its local partner FAW Group, the company has defined 21 key strategy fields with respective goals in a 10-year plan. ...
Tags: Audi, Chinese Market
The PSA Group and the CK Birla Group have sign joint-venture (JV) agreements to produce and sell vehicles and components in India by 2020. The ceremony of signature lays the foundation for a long term partnership between the two Groups ...
Tags: PSA Group, CK Birla Group
Future Mobility, a joint venture set up by Foxconn Electronics, Tencent Holdings and China Harmony Auto Holding to develop smart electric vehicles in China, will invest CNY11.6 billion (US$1.69 billion) to build a smart vehicle ...
Tags: Electronics, electric vehicles
Hyundai Motor has unveiled its plans for advanced connected car technology at the Consumer Electronics Show (CES) in Las Vegas. The interactive experience featured at the Hyundai Motor booth demonstrates how the ‘hyper-connected ...
Tags: Hyundai Motor, Connected Car
UK’s workable cup recycling scheme Simply Cups and Smart Planet Technologies (SPT) have partnered to recover and recycle the ‘reCUP’ hot beverage paper cup. The reCUP, which is designed by Smart Planet in California, can ...
Tags: Coffee Cup, Paper Cup
Multivac Sepp Haggenmüller has acquired a 49.9% stake in meat equipment manufacturer TVI Entwicklung und Produktion based in Irschenberg, Germany for an undisclosed price. The German food packaging company, which has global ...
Tags: Multivac, Meat Equipment
On December 19, 2017 China Commercial Vehicles Selection Presentation was held in Beijing. CHMC TRAGO was awarded “the 2017 Annual Tractor” and won the highly appraise of industrial specialists. As the most authoritative ...
Tags: Tractor, Commercial Vehicles
Hilton Food Group has entered into an agreement with Sonae Modelo Continente to form a 50/50 joint venture for the supply of packaged meat products to Sonae stores in Portugal. The joint venture will supply a range of packaged beef, lamb, ...
Tags: Hilton, Meat Products
China Mengniu Dairy has agreed to acquire China Modern Dairy (CMD) for HK$6.4bn ($826m) to consolidate its position in the high-end dairy products sector. As part of the deal, China Mengniu will buy 965.47 million shares in CMD from a ...
Tags: Mengniu Dairy, Dairy
The agreement follows the successful co-operation between Trends UK and Wind Designs that was initiated in 2016 with the joint launch of the popular Wet Head game from Zing Toys. Trends UK has signed a distribution deal with Wind Designs ...
Volvo Cars and Autoliv have signed a final agreement to set up a new joint venture (JV) for the development of software for autonomous driving and driver assistance systems. The deal is based on the letter of intent announced during fall ...
Tags: Volvo Cars, Autoliv
Food packing firm Hilton Food has entered into a joint venture (JV) with Portugese retailer Sonae Modelo Continente to supply its stores with a range of packaged beef, lamb, veal and pork products. As per terms of the deal, Hilton will ...
Tags: Hilton Food, Portuguese Market
Chinese mapping company NavInfo and internet services group Tencent, along with Singapore wealth fund GIC have announced plans to acquire 10% stake in HERE. HERE is a German-based open location platform company owned by automotive majors ...
China Investment Corp chief says it is seeking Belt and Road opportunities China's $800 billion sovereign wealth fund aims to be a long-term investor in international investments and increase its close work with partners to seek ...
Tags: Belt and Road, Long-Term Investor
On November 25, CHMC held ZEDO 300M region launching conference grandly in Kunming. ZEDO 300M marched to Southwest region and had brick sales of 30 orders in the terminal market rapidly. We can say that ZEDO 300M has achieved good result in ...
Tags: ZEDO 300M, light truck