US-based XL Hybrids, a low-cost hybrid electric powertrain developer for class 1 to 3 commercial fleet vehicles, has expanded its product portfolio with the launch of a new hybrid electric powertrain technology for Ford E-Series vans. The ...
Tags: XL Hybrids, hybrid electric powertrain, commercial fleet vehicles
German ElringKlinger signed a pound 10m ($ 15m) supply contract with General Motors (GM) recently, which will supply custom auto parts for the latter. The termination of the supply contract both side signed is 5 years. According to the ...
American auto parts supplier Wei Shitong announced recently, the company made up deficits and increase surpluses in the fourth quarter last year, and the net profit was up 25% year on year in 2012. In the fourth quarter last year, Wei ...
Tags: Wei Shitong, Net Profit, Q4, 2012
Kia Motor Company announced recently, its American sales were 41,505 in February, down 7.8% year on year. In the first two months of the year, Kia sold 77,807 cars in America, down 3.4% year on year compared to 80,555 of the same period ...
Tags: Kia, American Sales, February
General Motors Europe business brand Opel predicts that its European sales will be more than 1 million in 2013, as the same in 2012. March 4, Duncan Aldred, Opel sales person in charge, predicted before the opening of the Geneva Auto ...
Tags: Opel, European Sales, 2013
Cable and cable system supplier Lenny Group announced recently, the company acquires one more order from South Korean Ssangyong Motor Company, which will provide cable products for the new models of the latter. Lenny reached an agreement ...
Tags: Lenny, Cable Products, Ssangyong, New SUV
Recently, there were rumors that the Samsung GALAXY Note 3 will be released this summer, close to launch time of Apple iPhone 6 or 5S. Some analysts expect, Samsung GALAXY Note 3 may be launched at a time close to iPhone 5S or iPhone 6, in ...
Tags: Samsung, GALAXY Note 3, iPhone, phone market
BMW Group and auto parts supplier Continental AG are developing unmanned vehicles. The main purpose of the research collaboration is to prepare for the 2020 autopilot technology application. Bilateral cooperation project starts from early ...
Tags: BMW, Continental, vehicles
Last Thursday, the Volvo Car Group released a high-level adjustment information, appointed Lars, Deng for global senior vice president of global management committee member to take over the day-to-day management and operations of the ...
Momentum is growing for Dynamic Events 2013 as global interest rises and delegates book the last remaining places for the conference. Dynamic Events takes place in Dubai on 10-11 March. Delegate numbers are rising and include ...
Tags: Momentum, Dynamic Events, 2013
Audac has appointed Audiologic as the exclusive distributor for the Audac brand in the UK market. The official agreement for the complete Audac product range was confirmed at the ISE show 2013. Mark Asselberghs, export manager for Audac ...
Tags: Audac, Audiologic, exclusive distributor
Atlas Copco celebrates 140 years of excellence with a range of activities in more than 90 countries. At its sites in the UK & Ireland Atlas Copco will mark the 140 year anniversary with a special celebration. Alex Bongaerts, Company ...
Tags: Atlas Copco, 140 Years, Innovation
US-based Private equity firm Genstar Capital has purchased a retail insurance brokerage organization Acrisure, in an undisclosed deal. Acrisure co-founder and CEO Greg Williams said that the deal will offer extra resources and precious ...
Tags: Private equity firm, Genstar Capital, retail insurance, Acrisure
Bankers Insurance Group, a unit of Bankers Financial, has signed an agreement to acquire AIX Group’s renewal rights and servicing of in-force Florida Select business (AIX Florida), effective from 01 March. Under the terms of the ...
Quadrant has announced selection of its InsureWatch software by two national Insurance carriers for comparative rating and competitive pricing analysis for auto and home insurance in 50 states across the US. The selection was based on the ...