The Volkswagen Group reported a solid performance in the first nine months of fiscal year 2013, despite the ongoing difficult market environment. Including China, Group deliveries increased by 4.8 percent to 7.2 million vehicles worldwide. ...
In the third quarter of 2013, Daimler AG once again achieved significantly higher earnings than in the prior-year period. The Daimler Group's EBIT for the period of July through September amounted to €2,231 million (Q3 2012: 1,923 ...
Tags: Daimler AG, Mercedes-Benz Cars
The Freudenberg Group is further expanding its strategic global network, adding to the existing offices in China and the USA. The two Regional Corporate Centers in India and Brazil were opened in June and July. The first began operating ...
Tags: Freudenberg Group, Apparel
Audi Hungaria, an arm of German automaker Audi, has commenced the production of its new Audi A3 Cabriolet in Gyr, Hungary on 17 October 2013. The new A3 Cabriolet will feature lightweight construction, latest engine technology, ...
Tags: Audi, A3 Cabriolet
Linde Hydraulics has symbolically broken ground on the new construction for its main plant in Aschaffenburg. The new complex of buildings will be built on the 70,700 m² site over the next two and a half years: a new production and ...
Tags: Linde Hydraulics, truck
German carmaker Volkswagen Group along with its joint venture FAW-Volkswagen has opened its new vehicle production plant in Foshan, Southern China. The company has commenced the production of its seventh-generation Volkswagen Golf at this ...
Tags: Volkswagen, carmaker
German automaker Audi is set to invest EUR150m to commence the production of cars in S?o José dos Pinhais, Brazil by 2015. This new investment will see the production of the new Audi Q3 and the new A3 Sedan in the country. The new ...
LANXESS is countering the challenging business environment with a comprehensive efficiency program. Currently, it is foremost the synthetic rubber activities that are experiencing a temporary weakness in demand, increased competition in the ...
Tags: Textile
German automaker Volkswagen is planning to invest $529m to commence the local assembly of new Golf model as well as restart production by its Audi division in Brazil. The automaker's subsidiary Audi will also invest about $200m to expand ...
Tags: Auto Parts, Volkswagen
From starry headliners and new weight-saving engine components to air-intake and cabin filters, Freudenberg products are featured on a variety of vehicles exhibited at the International Auto Show (IAA) in Frankfurt from September 12 to 22. ...
Tags: LED Headlines
Automotive parts supplier ZF Friedrichshafen has received an order to supply its advanced driveline and chassis technology to 282 new buses in Saint Petersburg, Russia. The city has also ordered steering systems from ZF Lenksysteme for ...
Tags: Chassis Technology, Russian Buses
The ERGO Insurance Group, which is part of the Munich Re Group, has launched a joint venture (JV) ERGO China Life to offer life insurance to private customers in the Chinese province of Shangdong. Shandong is said to be the third largest ...
Tags: ERGO Insurance, China Life
German automobile manufacturer Daimler has commenced the production of the Mercedes-Benz A-Class vehicles at the Valmet Automotive's manufacturing plant at Uusikaupunki in Germany. The move is a part of the manufacturing agreement signed ...
Tags: Mercedes-Benz, A-Class Vehicles
German automaker Daimler is planning to invest about EUR2bn in China, as part of its efforts to double capacity at its Chinese joint venture, Beijing Benz Automotive, to 200,000 units per year over the next two years. The latest ...
German carmaker Volkswagen has commissioned a new engine manufacturing plant in the north-eastern Chinese city of Changchun. Opened in collaboration with the German carmaker's Chinese joint venture FAW Group, the new 94,000m2 Volkswagen ...
Tags: Volkswagen, Engine Plant