German automotive manufacturer Volkswagen has issued a voluntary recall on 589,000 Caddy small delivery vans globally due to tailgate problems across the globe. In the recall affected vehicles, a condition may cause an open tailgate to ...
Tags: Volkswagen, Caddy Vehicles
American auto-parts manufacturer BorgWarner is manufacturing two-speed, parttime four-wheel drive transfer case for Toyota Motor’s 2014 Toyota Tundra pickup truck in the US. The auto-parts maker is currently manufacturing the ...
Tags: BorgWarner, Transfer Case Systems
American automaker Chrysler Group has issued a voluntary recall on 5,664 Ram ProMaster vehicles of certain model year 2014 in the US over brake hose damage. The affected vehicles were manufactured from 1 July 2013, through 15 November ...
Tags: Chrysler, Promaster Vehicles
Chinese automobile manufacturer Zhejiang Geely Holding has acquired UK-based electric-vehicle startup Emerald Automotive for an undisclosed amount. According to Emerald, Geely will invest a minimum of $200m to help the company develop ...
Tags: Electric Vehicle, Geely Group
Volvo Car Group (Volvo Cars) will use the Geneva Motor Show to reveal its new in-car control system, which is designed around a large tablet-like touch screen that will simplify and enhance the way drivers operate their cars. The touch ...
The Bosch Group has laid the foundation stone for its new plant in Russia: from 2015, Bosch automotive technology will also be rolling off the assembly line in Samara. The site itself covers a total surface area of some 200,000 square ...
Tags: Automotive Technology, Bosch
Wholistic Future Finishing system maintains fiber strength with zero add-on formaldehyde First resin finishing system to meet highest consumer safety standards BASF, the world’s leading chemical company, continues to drive ...
Tags: Textile Sector, Non-Iron Solution
American Software, Inc. reported preliminary financial results for the third quarter of fiscal 2014. The Company has delivered 52 consecutive quarters of profitability. “We believe companies are beginning to invest more ...
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Neiman Marcus Group LTD LLC reported financial results for the second quarter of fiscal year 2014. On October 25, 2013, the Company announced the completion of the acquisition of Neiman Marcus by an investor group led by Ares Management LLC ...
Tags: Neiman Marcus, Apparel
Chairman AEPC, Mr. Virender Uppal, welcomed the move to extend the 2% duty credit scrip under the Market Linked Focus Product Scrip (MLFPS) for RMG sector (2% Duty credit scrip, HS 61 & 62) to EU and USA for exports from 01/04/2014 till ...
Tags: global markets, Apparel
Foster Wheeler AG reported a loss from continuing operations for the fourth quarter of 2013 of $37.2 million, or $0.38 per diluted share, compared with income from continuing operations of $18.6 million, or $0.18 per diluted share, in the ...
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Bed Bath & Beyond Inc. announced the promotion of Eugene A. Castagna, previously the Company's Chief Financial Officer and Treasurer, to the role of Chief Operating Officer. Susan E. Lattmann, formerly the Company's Vice President – ...
Tags: Bed Bath, Textile, Management Team
Martinson-Nicholls, a pioneer in anti-slip floor mats for histology labs, has announced their new ViSpa Diamond Deluxe floor matting to prevent slips and falls in medical, chemical and industrial laboratories. Histology labs routinely ...
Tags: Martinson-Nicholls, Textile
Sears Canada Inc. announced its unaudited fourth quarter and full-year results. Total revenues for the 13-week period ended February 1, 2014 were $1,182.3 million versus $1,307.2 million for the 14-week period ended February 2, 2013, a ...
Tags: Sears Canada, Apparel
Levi Strauss & Co. announced its first annual grant in support of causes important to the company founder. Company celebrates 185th birthday of blue jean inventor by continuing his philanthropic legacy. One of the earliest corporate ...