GAC Fiat Chrysler Automobiles (GAC FCA) has started production of Jeep Renegade sport utility vehicle (SUV) at its Guangzhou plant in China. The presales of the locally produced Jeep Renegade will start at the Beijing Motor Show later ...
Siemens and Valeo have signed an agreement to establish a joint venture (JV) to develop powertrains for electric cars. The JV will have headquarters in Erlangen, Germany, and facilities in France, Norway, Poland, Hungary and China. ...
Tags: Siemens, Valeo, JV, Joint venture, Powertrains, Electric cars
Kingsdown, Inc. has announced that they have signed a lease for a new, 7,800-square-foot showroom at the International Home Furnishings Center at M-528 in High Point. The new space is being remodeled to showcase the latest sleep technology ...
Tags: Kingsdown, International Furnishings Centre, High Point Market
Performance Sports Group Ltd. swung to a net loss in the fiscal third quarter ended February 29 as expected due to a precipitous drop in baseball and softball sales, retail bankruptcies and the impact of currency exchange rates on its ...
Eyeking, a maker performance sunglasses, including the licenses for Under Armour Eyewear and Hobie Polarized, named Scott Betty as its new senior vice president of product and design. Betty brings more than 20 years of product and design ...
Tags: Eyeking, Sunglasses, Under Armour Eyewear, Hobie Polarized
ACCO Semiconductor Inc of Sunnyvale, CA, USA, a fabless provider of RF front-end components manufactured using standard high-volume bulk CMOS processes for smart-phone and Internet of Things (IoT) applications, has closed a $35m funding ...
Tags: CMOS PAs GaAs PAs
For its fiscal second-quarter 2016 (to 29 February), LED chip and component maker SemiLEDs Corp of Hsinchu, Taiwan has reported revenue of $2.92m, down 36% on $4.6m a year ago but only 2% on $2.96m last quarter. "We have made good ...
Tags: SemiLEDs
Lithuanian bottler Birtono Mineraliniai Vandenys (BMV) has achieved 30% in lightweighting of the bottles using France-based packaging equipment manufacturer Sidel’s two new complete line solutions, in less than two years. Sidel ...
Tags: BMV, Packaging Solution, Bottle Weight, Lithuania
Qorvo Inc of Greensboro, NC and Hillsboro, OR, USA (which provides core technologies and RF solutions for mobile, infrastructure and defense applications) has signed a definitive agreement to acquire privately held fabless ...
Tags: Qorvo
A new study from Roy Morgan Research shows Aldi is continuing to win over more Australian supermarket shoppers. According to the study, as of December 2015, Aldi had a 12.1 per cent market share of the Australian supermarket grocery ...
Tags: Roy Morgan Research, Aldi, Australian supermarkets shoppers
Volkswagen North American Region CEO Hinrich J. Woebcken along with Volkswagen passenger brand CEO Dr. Herbert Diess, have laid out a new strategy for Volkswagen North American Region. Volkswagen Passenger Cars Brand CEO Dr. Herbert Diess ...
Australian packaging company Amcor has signed an agreement to acquire flexible packaging manufacturer Alusa for A$570m ($435m). Amcor expects the acquisition to complement its newly created flexible packaging business in the Americas. ...
Tags: Amcor, Acquisition, Alusa
US Foods has acquired Food Genius, a provider of foodservice data and analytics. The Food Genius team members will join US Foods. Focused exclusively on foodservice, Food Genius offers a suite of technology applications which simplify the ...
Tags: US Foods, Acquisition, Food genius
Faraday Future, a start-up in the field of electric vehicles and a rival to Tesla Motors has broken ground on its $1bn manufacturing plant near in North Las Vegas, Nevada, US. The electric carmaker said the investment will not only go ...
Tags: Electric Car, Tesla Motors
Chimo Applications is launching Version 1.0 of its new vehicle-to-vehicle messaging platform, available on all compatible iOS and Android devices. For the first time, vehicle owners have the ability to message other vehicle owners ...