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Mercedes-Benz Is Planning to Manufacture a New SUV Model

Feb 16, 2013

German carmaker Mercedes-Benz is planning to manufacture a new sport utility vehicle (SUV) model at its Alabama manufacturing plant in the US. To be produced as part of the carmaker's plan to launch 13 new models through 2020, the project ...

Tags: carmaker, Mercedes-Benz, SUV

MFTBC Sales Has Increased by 17.8%

Feb 16, 2013

Japanese commercial vehicle manufacturer Mitsubishi Fuso Truck and Bus (MFTBC) has reported a 17.8% increase in the sales in 2012 to 173,791 units compared to the 147,653 units sold in 2011. The company has sold 34,970 units in Japan an ...

Tags: commercial vehicle manufacturer, Mitsubishi Fuso, MFTBC, 2012

The Deliveries of Volvo Trucks Has Been Decreased by 8%

Feb 16, 2013

Volvo Trucks has decreased its deliveries by 8% to 105,888 trucks for the full year 2012, compared to 115,346 units for the same period in 2011. The company decreased its deliveries by 18% to 9,798 vehicles in December 2012, when compared ...

Tags: Volvo Trucks, trucks, 2012

a New in-Car Technology Has Been Unveiled by Continental

Feb 16, 2013

Automotive supplier Continental has unveiled a new in-car technology to help avoid distracted driving. The company has developed its own concept vehicle which is a retrofitted Cadillac XTS and equipped the technology called Driver Focus ...

Tags: Continental, in-car technology, distracted driving

The Tadawul All-Share Index Advanced 0.10% to Reach 7,062.98 Wednesday

Feb 16, 2013

The Tadawul All-Share Index advanced 0.10% to reach 7,062.98 Wednesday, the last trading day in the Saudi week. The gauge regained its momentum after a brief phase of sideways trading but the index faces a fierce resistance level at 7,150, ...

Tags: Saudi, cement, cement market

The Re-Opened Its Gboko Cement Plant Bring Back a Fifth of The Firm's Overall Production

Feb 16, 2013

Nigeria s Dangote Cement re-opened its Gboko cement plant on Thursday, after it was shut last month because of over supply, bringing back a fifth of the firm s overall production. The country s biggest cement maker shut the plant, which ...

Tags: Gboko cement plant, cement, cement market

Opel Is Planning to Expand Its Newly Built SzentgottháRd Engine Plant in Hungary

Feb 16, 2013

German carmaker Opel is planning to invest additional EUR130m to expand its newly built Szentgotthárd engine plant in Hungary, bringing the carmaker’s over investment in Hungary to EUR1.4bn. The investment is aimed at ...

Tags: carmaker, Opel, Szentgotthárd engine plant

Volkswagen Has Unveiled The New Cross up

Feb 16, 2013

German carmaker Volkswagen has unveiled the new Cross up! prior to its global debut at the upcoming Geneva motor show to be held in Switzerland during 05-17 March 2013. The five-door hatchback is powered by a 1.0L three-cylinder petrol ...

Tags: carmaker, Volkswagen, Cross up!

KIA Motors Global Sales Increased 13.9%

Feb 16, 2013

Kia Motors global sales for passenger cars, recreational vehicles (RVs) and commercial vehicles increased 13.9% to 211,088 units in January 2013, compared to corresponding period last year. In January 2013, sales in general markets ...

Tags: Kia Motors, passenger cars, RVs

Ruukki Has Issued Its Financial Results for The Fourth Quarter and The Full Year 2012

Feb 15, 2013

Finland-based steelmaker Ruukki has issued its financial results for the fourth quarter and the full year 2012. In the fourth quarter, Ruukki posted an operating loss of €39 million, remaining almost unchanged compared to the ...

Tags: Ruukki, steelmaker, Mineral

Talvivaara Mining Announces That Its Nickel Production Fell 19.7 Percent Year on Year

Feb 15, 2013

Finland-based nickel and zinc miner Talvivaara Mining Company Plc announced on February 14 that its nickel production fell 19.7 percent year on year in 2012 to 12,916 mt. Talvivaara produced 2,317 mt of nickel in the fourth quarter of 2012, ...

Tags: Talvivaara Mining, Operating Loss, Mineral

Packaging Joins Forces with Nativeenergy

Feb 15, 2013

Folding cartons designer and manufacturer Curtis Packaging has offset the projected greenhouse gas emissions from its operations in 2013 by helping to support a NativeEnergy project providing water filters to households in rural Kenya. ...

Tags: Curtis Packaging, Nativeenergy, company news

Increasing Winnipeg Production Plant

Feb 15, 2013

US-based plastic packaging manufacturer Winpak is all set to invest $10m in a bid to expand the company’s production plant in Winnipeg, Canada. Work on the addition of 80,000ft2 space is expected to get underway in spring 2013, with ...

Tags: Winpak, Winnipeg Production Plant, plastic packaging

Outokumpu Has Announced Its Financial Results for 2012

Feb 14, 2013

Finland-based stainless steel producer Outokumpu has announced its financial results for 2012, reporting a net loss of €535 million compared to a net loss of €180 million in 2011 due to the ongoing challenging market environment. ...

Tags: Outokumpu, company news, Mineral

Thyssenkrupp Indicated Their Preference for Cash Offers Over Shares

Feb 13, 2013

In a conference call with investors Tuesday, executives at German steel giant ThyssenKrupp AG indicated their preference for cash offers over shares for either of the two mills--a slab-making plant in a Brazil and flat rolled mill in ...

Tags: Thyssenkrupp, Mineral, compamy news