China will levy a resource tax on rare earths, tungsten and molybdenum based on sales value instead of production quantity, the Ministry of Finance announced on Thursday. The new tax, taking effect from May 1, is set at 6.5 percent for ...
Tags: Rare Earths, Resource Tax
Axalta Coating Systems has introduced the latest digital spectrophotometer, the Acquire Plus EFX for car refinish body shops in Korean market. About 30,000 digital spectrophotometers are in use by Axalta customers around the world. Now ...
Tags: Axalta, Color Measuring Device
Ford is set to launch limited editions of Shelby GT350 and GT350R Mustangs this year to commemorate 50th anniversary of the Shelby GT350. The 2015 Shelby GT350 will feature powerful Ford production engine, and is claimed to re-establish ...
Tags: Ford, Shelby GT350, Mustangs
Toyota Australia has commenced the production of the new-look Camry at its manufacturing plant in Altona, Victoria, Australia. The new-look Camry will be the last model to be built at the facility, as the company has planned to cease ...
Tags: Toyota Australia, Camry
ThyssenKrupp has opened a new automotive steering components plant in Puebla, Mexico. The facility complements ThyssenKrupp's existing plants that produce components for the automotive industry in Mexico. The company's products include ...
The 2016 Toyota Mirai has become the first hydrogen fuel-cell car to pace at NASCAR Sprint Cup Series in Virginia, US. The four-door, mid-size sedan performed to pace the 43-car NASCAR field at Richmond International Raceway (RIR). ...
Tags: Toyota Mirai, 2015 NASCAR
Nissan has commenced production of eighth-generation Maxima sedan at its Smyrna Vehicle Assembly Plant in Tennessee. The company highlighted that the plant, which began operations in 1983 hit production of 648,000 vehicles by 2014. ...
Orange County Property Appraiser (OCPA) has introduced a fleet of 30 new Toyota Prius vehicles that are to be used by staff members as they travel across Orange County appraising 439,676 parcels. The company said that the hybrid ...
Volkswagen has secured a €400m loan from the Export Development Canada (EDC), to facilitate expansion of its operations in southern US and Mexico. The financing will allow the automotive giant to offer business opportunities to small ...
Axalta Coating Systems, a leading global supplier of liquid and powder coatings, has opened its third Cromax Color Center in Chiang Rai together with Northern Car Paint Co., Ltd., its key distributor of Cromax in Chiang Rai province in the ...
Osram Opto Semiconductors GmbH of Regensburg, Germany has launched the Synios P 2720 family of LED light sources, designed and qualified for use in automotive lighting. From the outside, the 15 versions in the new family can hardly be ...
Tags: Automotive Lighting, LED Family
Volvo Cars has revealed a new in-car luxury concept, Lounge Console, at the ongoing Shanghai Auto Show. The Lounge Console concept replaces the front passenger seat with a space to accommodate various amenities. Volvo Car design ...
Dodge has launched a configurator for its 2015 Viper GTC, which will allow customers to design and personalise the hand-built performance supercar. Customers will get a chance to choose from 25 million build combinations, 24,000 custom ...
Tags: Dodge, 2015 Viper GTC
Honda China’s wholly-owned subsidiary Honda Motor (China) Investment (HMCI), debuted the company’s flagship Concept D at the Auto Shanghai 2015. The company said that Concept D is the concept model of a new SUV, which is ...
Tags: Concept D, Honda Motor, Auto Shanghai 2015
NASA has introduced a self driving robotic car prototype, Modular Robotic Vehicle (MRV), which is capable of moving sideways and can take tight corners without compromising on the vehicle speed. The car looks similar to a golf cart with ...