Rush Group and Faurecia have collaborated to form Detroit Manufacturing Systems (DMS), which will manufacture and assemble automotive interior components in Detroit, US. DMS will also provide cockpit interiors for the Ford Mustang and ...
Tags: Rush Group, manufacturing venture, Detroit
Subaru Canada has unveiled its upgraded 2013 Outback SUV with enhanced chassis and featuring the new EyeSight Driver Assist system. The new Outback SUV is offered in 2.5i Convenience and Outback 3.6R variants for the 2013 model year. ...
Tags: Subaru Canada, Outback SUV, EyeSight Driver Assist system
Global alternative asset manager The Carlyle Group announced the acquisition of a significant minority stake in Penti, a hosiery manufacturer and retailer of women's hosiery, lingerie and swimwear in Turkey. Equity for this investment ...
Tags: Carlyle Group, retailer, manufacturer
Indian automobile firm Tata Motors has launched the new Xenon Pick-up commercial vehicle in India, which will be offered in both single cab and dual cab versions. The new Pick-up is offered with two powertrain options including 3.0litre ...
Olam International has acquired a 50%stake in Acacia Investments(AI),a business group based in the United Arab Emirates with a strong presence in edible oil refining and distribution in East Africa,for$35m. Olam managing director and Palm ...
Tags: edible oil refining, joint venture, CPO
Subaru of America, an automobile manufacturing division of Japanese transportation conglomerate Fuji Heavy Industries (FHI), has introduced its new 2013 WRX and WRX STI special edition cars at the 2013 SEMA show. The new models, which ...
Tags: Subaru, Fuji Heavy Industries, special edition cars, BOXER engine
The Indian government which recently permitted 51 percent foreign direct investment (FDI) stake in multi-brand retail, while welcomed by the apparel brands and retailers, is being opposed by a few key political parties. Crisil ...
Tags: Indian government, job, FDI
Northstar Agri Industries,a subsidiary of US-based PICO Holdings,plans to set up a canola processing facility in Enid,Oklahoma,US. The new facility will have a processing capacity of 2,200 tons of canola per day or 760,000 tons ...
Tags: canola processing facility, processing capacity, investment
Janssen Research & Development has submitted a new drug application (NDA) to the FDA for canagliflozin to treat adult patients with type 2 diabetes. The filing is based on a global Phase III clinical development program, including nine ...
Tags: Janssen Research&Development, SGLT2, cardiovascular study
UK-based Paper Cup Company is keen to work with WRAP (waste & resources action programme) to help increase the overall rate of packaging waste that is being recycled or composted. According to WRAP, it aims for a CO2e reduction of 234,000 ...
Tags: Paper Cup, Packaging Waste, packaging waste prevention
The Renault-Nissan Alliance is planning to invest $160m in its Renault Samsung facility in Busan, South Korea to add the production of Nissan Rogue crossover. According to the Renault-Nissan Alliance, the fresh investment will increase ...
Tags: Renault-Nissan Alliance, vehicles, Nissan Rogue, Renault Samsung facility
Infiniti, a luxury car division of Nissan Motor, has unveiled its new Infiniti LE concept at the 2012 New York International Auto Show. The new LE Concept is combined with an advanced electric vehicle drivetrain and wireless charging ...
Tags: Infiniti, luxury car, Nissan Motor, new Infiniti LE concept
NewLink Genetics HyperAcute-Pancreas Immunotherapy (algenpantucel-L) has gained European orphan designation. Orphan designation provides NewLink with access to multiple incentives for drug development in EU. Incentives include decreased ...
Tags: algenpantucel-L, NewLink Genetics, HyperAcute-Pancreas Immunotherapy
Every Can Counts, a can recycling campaign, would work with Weymouth and Portland Borough Council to boost on-street recycling as the coming days witness more people visiting the town as tourists and spectators. The recycling message ...
Tags: Can, recycling, drinks cans
US car maker General Motors is recalling about 50,000 SUVs, including about 6,000 in Canada over faulty windshield wipers issue. The US National Highway Traffic Safety Administration said that the recall will affect the company's 2011-12 ...
Tags: General Motors, SUVs, recalling SUVs, faulty windshield wipers