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FIAT Launches New 500X Urbana Edition

Dec 28, 2017

FIAT brand announced the addition of the Urbana Edition to its Italian-designed, fun-to-drive Fiat 500X lineup. 2017 Fiat 500X Urbana Edition offers a unique, urban look with Miron (Metallic Iron) black-painted exterior and interior ...

Tags: FIAT brand

Groupe PSA to Produce Vehicles From Sochaux, Mulhouse Plants

Dec 28, 2017

Groupe PSA has decided to produce its new vehicles at its plants in Sochaux and Mulhouse from 2020/2021. The production of the new vehicles, the details of which will be revealed at a later date for strategic reasons, will secure ...

Tags: Groupe PSA

Nissan to Start Full Production of The New Nissan LEAF

Dec 28, 2017

Nissan will start full production of the new Nissan LEAF at its Smyrna vehicle assembly plant to enhance its global leadership in zero-emission electric vehicles. The next-generation LEAF, unveiled yesterday, will feature greater range, ...

Tags: Nissan, Smyrna vehicle

PACCAR Launches 12-Speed Automated Transmission for Commercial Vehicles in US

Dec 28, 2017

PACCAR has launched the new PACCAR Automated Transmission, the lightest heavy-duty transmission for on-highway commercial vehicles. The PACCAR transmission is designed to complement the superior performance of PACCAR MX engines and PACCAR ...

Tags: Commercial Vehicles, Automated Transmission

Daimler to Showcase Autonomous Car at Tokyo Motor Show

Dec 27, 2017

Daimler's Mercedes-Benz will be showcasing its future mobility concepts, including its autonomous vehicle, Formula One hybrid technology and the Mercedes-AMG Project ONE car, at the upcoming Tokyo Motor Show in Japan. The smart vision EQ ...

Tags: Tokyo Motor Show, Daimler

Dana Inaugurates New Axle Production Factory in Ohio, US

Dec 27, 2017

Automotive drivetrain supplier Dana has inaugurated a new axle production facility in Toledo, Ohio, at the site that was initially home to Willys-Overland Motors, which had developed the original Jeep. The 300,000 sq. ft. facility was ...

Tags: Jeep Wrangler, Jeep

Mahindra Inaugurates New Manufacturing Facilty in Detroit to Serve North American Market

Dec 27, 2017

Mahindra Automotive North America (MANA) has inaugurated a new North American headquarters and manufacturing facility, the first such new OEM facility in Southeast Michigan in over 25 years. The expansion is part of a $230 million ...

Tags: off-highway vehicle

Hershey to Acquire Amplify Snack Brands in $1.6bn Deal

Dec 21, 2017

The Hershey Company has agreed to acquire Amplify Snack Brands for about $1.6bn to boost its position in the snacking aisle and expand its portfolio of savory snacking brands. The transaction amount also includes around $600m of net debt ...

Tags: Hershey, Amplify Snack

Kellogg's Rice Krispies Treats Unveils Birthday Cake and Cookies 'n' Creme Flavors

Dec 21, 2017

Kellogg's Rice Krispies Treats is launching two new flavors, Birthday Cake and Cookies 'n' Creme. The new flavors, inspired by the most sought-after flavors of homemade Rice Krispies Treats on social media, will be available at retailers ...

Tags: Kellogg, Cookies

Thai Beverage to Buy 54% Stake in Vietnam's Sabeco for $4.8bn

Dec 21, 2017

Vietnam Beverage, ThaiBev’s domestic unit, has won a bidding to acquire 54% stake in Saigon Beer Alcohol & Beverage Corp (Sabeco) for $4.8bn. Sabeco is owned and under the authority of Vietnam's Ministry of Trade and Industry. The ...

Tags: Thai Beverage, Beverage

Magna International Realigns Management Structure Along Product Lines

Dec 21, 2017

Canadian global automotive supplier Magna International has announced new management structure and financial reporting segments. The shift better aligns our global operations with our long-term strategy tied to the future of mobility. ...

Tags: automotive, roof systems, sealing systems

Honda Insight Prototype to Make World Debut at Detroit Auto Show

Dec 21, 2017

Honda is taking new approach with Insight Prototype, which will be debuted at 2018 North American International auto show in Detroit on 15 January 2018. The company stated that its new Insight sedan will be above the Civic in its ...

Tags: Honda, Detroit Auto Show, passenger car

Continental and Huawei Conduct Cellular Vehicle to Everything Trial in China

Dec 20, 2017

Continental and Huawei have successfully conducted field trials for testing the efficiency of Cellular Vehicle to Everything (C-V2X) communication standard in Shanghai. C-V2X is emerging as a promising wireless communication technology, ...

Tags: Continental, Huawei, Cellular Vehicle

Alibaba Invests in Chinese Electric Car Startup XPENG Motors

Dec 20, 2017

XPENG Motors has completed three rounds of series A+ financing and scheduled to disclose series B round in early 2018. He Xiaopeng, Chairman of XPENG Motors, announces that the company has completed three rounds of series A+ financing and ...

Tags: XPENG Motors, Alibaba

Renault, Brilliance China Automotive Form JV to Manufacture Light Commercial Vehicles

Dec 19, 2017

Groupe Renault and Brilliance China Automotive have signed a joint venture (JV) contract to manufacture and sell light commercial vehicles (LCV) in China in three segments with three brands. The new JV, which will be known as ...

Tags: Renault, Light Commercial Vehicles