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Record Net Income of $0.1bn in Q1

Apr 28, 2014

General Motors has reported net income of $0.1bn, or $0.06 per diluted share for the first quarter of 2014. Strong core operating performance during the quarter was more than offset by a net loss from special items of $0.4 billion, or ...

Tags: General Motors, recall

Begin Trials for New Paint Technology

Apr 28, 2014

Japanese automaker Nissan Motor has commenced testing of a new super-hydrophobic and oleophobic paint technology, the Ultra-Ever Dry, which would enable the car to automatically clean itself. The new paint technology, which is said to ...

Tags: Nissan, Nissan Motor

Shandong Steel Reports for The Q1,and a Net Loss of RMB 371 Million

Apr 28, 2014

On April 24, Shandong Province-based Chinese steelmaker Shandong Iron and Steel Co. (Shandong Steel) announced that in 2013 it achieved an operating revenue of RMB 70.47 billion ($11.5 billion), down 3.87 percent year on year, while it ...

Tags: steelmaker, Iron, Steel

100 Percent of New Pipelines in The US Are Made with US-Produced Steel

Apr 28, 2014

Minnesota Congressman Rick Nolan announced Thursday a legislative initiative to require that 100 percent of new pipelines in the US are made with US-produced steel. Currently, the 100 percent steel requirement (also known as the ...

Tags: pipelines, US-produced steel

RAC Has Introduced Its First Mobile Electric Charging System

Apr 28, 2014

British automotive services firm RAC has introduced its first mobile electric charging system at GreenFleet Scotland for electric vehicles facing breakdown due to lack of power. The company has equipped a standard RAC diesel VW ...

Tags: Auto Parts

Hittite Microwave Has Reported Record Revenue of $70.6m

Apr 27, 2014

For first-quarter 2014, Hittite Microwave Corp of Chelmsford, MA, USA (which designs and supplies analog, digital and mixed-signal RF, microwave and millimeter-wave ICs, modules and subsystems as well as instrumentation) has reported record ...

Tags: Electrical, Electronics

John Lewis Partnership PLC Published Its Annual Report for 2014 Today

Apr 25, 2014

John Lewis Partnership plc published its annual report for 2014 today. Gross sales for John Lewis totalled £4.1b (+7.5%), with revenue of £3.3b (+7.4%) and an operating profit £226.1m (+4.3%). The online channel ...

Tags: economy

Bob Sumerel Has Acquired Five Northeast Ohio Locations From Kauffman

Apr 25, 2014

Bob Sumerel Tire Co. Inc., a predominantly commercial tire distribution and service company based in Erlanger, Ky., has acquired five Northeast Ohio locations from Kauffman Tire Inc. The transaction is expected to close on May 2, 2014. ...

Tags: Auto Parts, tire, tyre

Latteno Announced Success of Its Recent Acquisitions and Openings

Apr 25, 2014

Latteno Food Corp. is pleased to announce that, based on the success of its recent acquisitions and openings, it has directed more capital and resources to the expansion of its MMJ operations in California, Nevada, Colorado and Washington. ...

Tags: Latteno Food, MMJ Growth Strategy

Develop a New Control Software Technology Known as Electronic Line-Lock

Apr 25, 2014

Engineers at Ford have developed a new control software technology known as electronic line-lock, which adds new racing features its Mustang models. "Competition has been an integral part of the Ford Mustang lifestyle since its earliest ...

Tags: Mustang Vehicles, Ford, Electronic Line-Lock Technology

Release Revamped Vehicle Range in China

Apr 25, 2014

British vehicle brand MINI has launched its new coupe range including the updated MINI models at Auto China 2014 in Beijing. The world premiere of the new MINI Paceman will be one of the highlights awaiting visitors to the international ...

Tags: Revamped Vehicle, mini

Gain I3 Production to Meet Increasing Demand

Apr 25, 2014

German automaker BMW Group has reportedly increased the production of its electric car, i3 to address the growing demand for the model. The company has increased the capacity of the Leipzig facility, where i3 is assembled, from 70 units ...

Tags: BMW, I3 Production

Rolls-Royce Motor Cars Has Debut The New Bespoke Collection Motor Car

Apr 25, 2014

Rolls-Royce Motor Cars has debut the new Bespoke Collection motor car, Pinnacle Travel Phantom, at the Beijing Motor Show being held in China. The car has been conceived both to celebrate the Chinese love of travel and the success of the ...

Tags: Rolls-Royce, Collection Car

Apple Boosted Its Sales and Profits Over The Previous Year

Apr 25, 2014

Even in a quarter that saw no product introductions, Apple boosted its sales and profits over the previous year. The company released its fiscal second-quarter earnings report on Wednesday, reporting revenue of $45.6 billion and a net ...

Tags: Apple, Computer Products, IT, Consumer Electronics

Eight Billion People Will Use Smartphones and 100 Billion Terminals Will Be Interconnected

Apr 25, 2014

Eight billion people will use smartphones and 100 billion terminals will be interconnected via the internet by 2025, according to Chinese ICT multinational Huawei. This is an eight-fold increase in the number of smartphone users – ...

Tags: Computer Products, Huawei, Smartphone