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Mitsubishi Electric Us Inc to Take Over Power Device Sales Business From Powerex

Nov 9, 2017

Tokyo-based Mitsubishi Electric Corp has agreed to acquire the Mitsubishi Electric power device sales business currently handled by Powerex Inc of Youngwood, PA, USA (a 50:50 joint venture between Mitsubishi Electric and General Electric), ...

Tags: Mitsubishi Electric, Power Device

Dongfeng Honda to Construct Third Automobile Production Facility in China

Dec 16, 2016

Dongfeng Honda Automobile a Honda automobile production and sales joint venture in China, has unveiled plans to build a third automobile production plant. The announcement included a groundbreaking event in Wuhan, China. The event was ...

Tags: Dongfeng, Automobile

Mercedes-Benz Launches Vito Mid-Size Van in China

Sep 7, 2016

Mercedes-Benz Vans has launched its new mid-size van, the Vito, at the Chengdu Motor Show in China. This marks another important stage of Mercedes-Benz Vans expanding its business in China, the world's largest automobile market. In March ...

Tags: Mercedes-Benz, Vito, mid-size van

TDK, Toshiba Agree to Establish JV for Automotive Inverter Business

Sep 7, 2016

TDK Corporation and Toshiba Corporation have agreed to establish a joint venture, TDK Automotive Technologies Corporation, to develop and manufacture automotive inverters for hybrid vehicles, plug-in hybrids and electric vehicles. I. ...

Tags: TDK, Toshiba, joint venture

Chinese Automotive LED Lighting Supply Chain

Jun 6, 2016

China is one of the world’s largest automotive consumer market, by late 2015 car ownership in the country reached 172 million cars, and the volume is accelerating. It can be projected in the next few years, Chinese market demands for ...

Tags: LED Lighting, LED package

Mercedes-Benz Debuts V-Class Vans In China

Mar 23, 2016

Mercedes-Benz introduces its V-Class multi-purpose vehicle (MPV) in China, which has been tailored to the needs of Chinese customers. Production at Daimler's local joint venture Fujian Benz Automotive Co. Ltd (FBAC) in Fuzhou has already ...

Tags: Mercedes-Benz, V-Class Vans, MVP

China Auto Sales to Resume in 2016: Fitch

Nov 24, 2015

Sales growth in China's auto market will resume in 2016 after having stagnated since 2015, while automakers' margins will narrow due to fiercer competition, Fitch Ratings predicted Tuesday. Reduced purchase taxes and recovering consumer ...

Tags: auto market, SUVs

Toyota May Shelve Its Plan to Promote Its Luxury Lexus Brand in China

Jul 27, 2015

Japanese automotive giant Toyota may shelve its plan to promote its luxury Lexus brand in China, thanks to slowdown in the country’s automobile sector coupled with a weaker yen. With China's automobile market registering a growth ...

Tags: automobile manufacture, Toyota, car promotion, Lexus

UV/EB Moves Into Higher Value and Higher Margin Areas

Jul 24, 2015

Although UV technologies were first introduced around 20-30 years ago, it is still considered not to be a mature sector with plenty of innovations needed to overcome barriers to greater efficiencies. Over the last few years growth in ...

Tags: Industrial Coatings, Coil Coatings, Powder Coatings

Honda Motor Has Initiated The Output of Its Accord Sedan in The African Nation Nigeria

Jul 15, 2015

Japanese automotive giant Honda Motor has initiated the output of its Accord sedan in the African nation Nigeria, the country on which the company is betting big for the expansion of automobile market in future. Honda's Nigerian unit ...

Tags: automobile manufacture, Honda Motor, Honda motorcycle

Automobile Markets in China and Russia Are Losing Steam

May 22, 2015

Automobile markets in China and Russia are losing steam, bearing down on automobile manufacturers. On one hand, the euphoria set in by the recovery of European market post-recession fail to cheer up carmakers as their efforts to post ...

Tags: Volkswagen, Automobile markets

Latest Generation Manufacturing Facility Was Opened for Growing Automobile Market

Mar 12, 2015

Axalta Coating Systems has opened a latest generation manufacturing facility in Shanghai to produce waterborne coatings for China’s growing automobile market. The newest and one of Axalta’s most advanced waterborne production ...

Tags: Axalta Coating, waterborne coatings

Axalta Coating Systems Opened a Latest-Generation Manufacturing Facility in Shanghai

Mar 6, 2015

Axalta Coating Systems, a global supplier of liquid and powder coatings, has opened a latest-generation manufacturing facility in Shanghai to produce waterborne coatings for China’s growing automobile market. The newest and one of ...

Tags: Axalta Coating, powder coatings

Chinese Government Is Considering New Policies for The Emerging New Energy Car Industry

Mar 2, 2015

Fresh outlook, policies and subsidies key to hit goals and harness opportunities The Chinese government is considering new preferential policies for the emerging new energy car industry. The Ministry of Science and Technology issued a ...

Tags: energy car industry, preferential policies

China's Auto Sales,The World's Biggest Auto Market in 2014

Jan 20, 2015

As the world's biggest auto market in 2014, China's auto sales continued to expand to strengthen its position. With 23.49 million units sold approximately, a year on year increase of 6.9 percent, the auto sector seemed to play a big role in ...

Tags: auto market, auto sales

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