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Mazda Has Stopped Production of Cars at Flat Rock Facility in US

Dec 4, 2012

Japanese automaker Mazda has stopped production of cars at Flat Rock facility, which is owned by Mazda and Ford. Currently, both the companies will maintain the 50-50 stake in the Flat Rock plant, in which Ford will invest $550m in order ...

Tags: Mazda, ends, US

Alterra Has Named Nicholas Conca as The New Claims Officer for Insurance

Dec 4, 2012

Alterra Capital Holdings has named Nicholas Conca as the new chief claims officer for insurance, to ensure consistent level of claims service to its insurance policyholders worldwide. With over 20 years of experience in the insurance ...

Tags: Alterra Capital Holdings, Nicholas Conca, insurance officer

DMA to Exhibit Beverage Packaging Services

Dec 4, 2012

DMA, an industry provider in beverage formulations, compounding and aseptic packaging, will exhibit its expanding services and new product opportunities on 7-8 November 2012 at SupplySide West 2012 in Las Vegas, NV. The company committed ...

Tags: Beverage Packaging, aseptic packaging, non-aseptic technologies

The First Stones Shop-in-Shop Opened in The Yansha Department Store in Beijing

Dec 4, 2012

The first Stones shop-in-shop opened in the Yansha Department Store in Beijing. The typical Stones collection mix existing of business and casual wear is now presented on 30 sqm. The brand is placed in the surroundings of Hugo Boss, Tommy ...

Tags: Stones, shop-in-shop, Yansha Department Store, mix existing, casual wear

Mazda Has Reported 37.8% Rise in Its Domestic Sales in April

Dec 4, 2012

Japanese carmaker Mazda has reported 37.8% rise in its domestic sales in April 2012 to 13,446 units when compared to the same month in 2012, contributed by strong sales of its passenger and commercial vehicles. Mazda has also reported ...

Tags: Mazda, passenger vehicles, commercial vehicles, domestic sales

Holden Is Recalling Over 50,000 Cars Due to a Potential Brake Fault Identified in Korea.

Dec 4, 2012

Holden, the Australian subsidiary of General Motors, is recalling over 50,000 cars due to a potential brake fault identified in Korea. The automaker said that the recall covered four models that include the Barina, Viva, Epica and Captiva ...

Tags: Holden, recall, brake issue

Flint Group Will Introduce a PUB-Based Ink System

Dec 4, 2012

Flint Group’s Packaging and Narrow Web division is set to introduce a PUR-based ink system VarioLam for all major films in packaging printing. The ‘multi purpose’ system has been designed for lamination printing including ...

Tags: Ink System, Packaging Applications, packaging printing

Osram Has Announced Plans to Cut 4,700 Jobs After It Is Spun off From Siemens

Dec 4, 2012

Osram has announced plans to cut 4,700 jobs after it is spun off from Siemens. The cuts, which will amount to 12 per cent of the company's workforce, are planned to take effect by 2014 to achieve cumulative gross savings of 1 billion ...

Tags: Osram, Siemens, jobs cut

RLI Has Acquired Rockbridge Underwriting Agency

Dec 4, 2012

US specialty insurance company RLI has acquired Rockbridge Underwriting Agency, which is a general agency specializing in medical malpractice insurance. RLI chairman & CEO Jonathan Michael said the deal will enable the company to tap ...

Tags: RLI, Rockbridge Underwriting Agency, acquisition

RLI Is Set to Extend The Coverage of Its Personal Umbrella Policy for Florida Residents

Dec 4, 2012

Specialty insurance firm RLI is set to extend the coverage of its personal umbrella policy for Florida residents by offering a reduced liability attachment point. According to the provider, Personal umbrella coverage will be made ...

Tags: RLI, personal umbrella policy, reduced liability attachment, insurance

Honda Has Started Production of Its 2013 Honda Accord Sedan in Us

Dec 4, 2012

Japanese carmaker Honda has started production of its 2013 Honda Accord at its Marysville Auto Plant in Ohio, US. The new sedan will be offered with three new powertrain options which include 2.0liter hybrid system with electric-only ...

Tags: Honda, sedan in US, hybrid

CNA Financial Has Acquired Hardy Underwriting Bermuda for Approximately $230m

Dec 4, 2012

US commercial property and casualty insurance provider CNA Financial has acquired Hardy Underwriting Bermuda for approximately $230m. After the integration, Hardy will continue to trade under its own brand and its existing leadership team ...

Tags: CNA Financial, Hardy Underwriting Bermuda, acquisition, insurance

the sales of Porsche worldwide add up 14% during H1 2012

Dec 4, 2012

German sports car manufacturer Porsche reported 14% rise in its worldwide sales to 69,171 during first half (H1) of 2012 over the same period in 2011. The sports car maker had sold 12,699 new cars in June, reporting 18.9% rise over year ...

Tags: Porsche, sales rise, 2012

Nissan Motor Will Invest Gbp127m to Build a New Hatchback Model in UK

Dec 4, 2012

Japanese carmaker Nissan Motor will invest GBP127m at its Sunderland plant in UK to build a new hatchback model in the region. Scheduled to go into production in 2014, the new medium hatchback is expected to create 225 jobs at the ...

Tags: Nissan, invest

Alteris Insurance Has Completed Acquisition of The Operating Assets

Dec 4, 2012

Alteris Insurance Services, a wholly-owned subsidiary of Argo Group International Holdings, has completed acquisition of the operating assets and business rights of Mattei Insurance Services. Alteris president Hilbert Schenck II said the ...

Tags: Alteris Insurance Services, Argo Group International Holdings