BMW Group has signed a letter of intent with Great Wall Motor on local production of future battery-electric MINI vehicles in China. In addition to production of the first battery electric MINI at the main plant in Oxford starting in ...
Groupe PSA has acquired controlling stake in Chinese automotive spare parts distributor Jian Xin. With this acquisition, Groupe PSA will be able to accelerate the rollout of its aftermarket offering in China by rapidly establishing its ...
Tags: automotive spare parts, Jian Xin
BMW is all set to showcase its second generation sports activity coupe X4 at the upcoming International Motor Show in Geneva this March. The new X4 is powered by petrol and diesel engines. It will be available in seven variants across ...
Tags: BMW, General Motor Show
US-based Delta Plastics has purchased California-based Command Packaging, including its plastic film recycling subsidiary Encore Recycling, for undisclosed amount. Command Packaging is engaged in manufacturing of sustainable plastic ...
Tags: Command Packaging, Packaging
Unilever is calling the consumer goods industry to accelerate action to tackle ocean packaging waste and create a circular economy for plastics. Last year, the firm has announced its commitment to make its plastic packaging 100% reusable, ...
Tags: Unilever, consumer goods industry
HC Private Investments (HCPI), a Chicago-based private investment firm, has acquired Kruger Plastic Products (Kruger), a family-owned, custom injection molding manufacturer of niche products and components. Kruger’s senior ...
Cargill has invested in Puris to accelerate pea protein production for North American and global markets. With the rapid rise in consumer demand for plant-based protein, Puris, the largest North American producer of pea protein, and ...
Tags: Cargill, pea protein
Peregrine Semiconductor Corp of San Diego, CA, USA – a fabless provider of radio-frequency integrated circuits (RFICs) based on silicon-on-insulator (SOI) – has announced its corporate name change to pSemi Corp, a Murata company ...
Tags: Semiconductor, integrated circuit
Stratasys said that Dutch 3D service bureau, Visual First, is using FDM Nylon 12CF carbon-filled thermoplastic to replace metal machine parts for its customer, The Chocolate Factory. The ability to 3D print machinery replacement parts ...
Tags: 3D Printing Material, Chocolate
Nissan said that will demonstrate its new brain-to-vehicle (B2V) technology at the upcoming CES 2018 to be held in Las Vegas, the US. The technology will allow vehicles to interpret signals from the driver’s brain and accelerate ...
Tags: Nissan, B2V technology, CES 2018
Ford Motor has decided to relocate its autonomous and electric vehicle business to Detroit, US. The company is moving its autonomous and electric vehicle business and strategy teams to the recently renovated industrial complex called The ...
Tags: Ford, Electric Vehicle
Guardian Optical Technologies announced the launch of breakthrough, patent-pending sensor technology for automobile manufacturers, supported by $5.1m in Series A funding from Maniv Mobility and Mirai Creation Fund. The company will use ...
Tags: automobile, Guardian Optical
Global confectionary group, The Ferrero Group has completed its previously announced acquisition of Ferrara Candy Company from L Catterton through one of its affiliated companies. “We are pleased to complete this acquisition and ...
British luxury car-maker Bentley Motors has has created a first edition of the all-new Continental GT, a handcrafted grand tourer, with a completely new 6 litre W12 engine. The new model combines all the features from the third generation ...
Tags: Bentley Motors, engine
For fiscal first-quarter 2018 (to end-September 2017), optical and photonic optical component and subsystem maker Lumentum Holdings Inc of Milpitas, CA, USA has reported revenue of $243.2m, down 5.8% on $258.1m a year ago due to softer ...
Tags: optical component, subsystem