PSA Group and SAIPA have signed a joint-venture (JV) agreement to produce and sell Citroen vehicles in Iran. This 50/50 joint-venture lays the foundations for a strategic partnership between the two companies. It will cover the entire ...
Tags: PSA Group, SAIPA, JV agreement
Brewing and beverage firm Distell is terminating all third-party distribution partnerships in the UK as it seeks to handle its own portfolio in the country. The South African brewer will cease its existing distribution contracts with SHS, ...
Tags: Distell, distribution partnership
A new research has revealed that the number of UK breweries has increased by 8% to nearly 1,700 over the past year due to the continuous surge in popularity of craft beers. The research from UHY Hacker Young has found that the number of ...
Tags: UK breweries, rise, demand
Scotch whisky distillery The Macallan has added the Macallan Double Cask 12 Years Old to its core range in the US. The distinctive new whisky marks the first time the distillery has used American Oak Sherry-seasoned casks as the most ...
Tags: The Macallan, Macallan Double Cask 12 Years Old, core range
Nazdar Ink Technologies is set to exhibit its latest range of inks at InPrint industrial print show in November. The event will take place in Milan, Italy. Nazdar will showcase its latest formulations of digital inkjet, screen printing ...
Tags: Nazdar Ink Technologies, InPrint industrial print show
Volkswagen is systematically moving ahead with its transition to the mobility world of tomorrow initiated by the "TOGETHER – Strategy 2025" program for the future. The Group presented its next steps on the road to becoming a ...
Toyota has introduced a new Lexus compact crossover concept vehicle, the UX Concept, at the 2016 Paris Motor Show. Designed by ED2, Lexus' design centre in the South of France, the UX Concept represents a new step in the company's design ...
Tags: Toyota, 2016 Paris Motor Show
Reneas Electronics has developed a system that offers 360-degree vehicle-to-vehicle and vehicle-to-infrastructure communications and is expected to identify applications related to autonomous driving. The company announced the global ...
Tags: Reneas Electronics, V2X solutions
Nissan luxury vehicle division Infiniti has unveiled what it claims to be the world's first production variable compression ratio engine, dubbed VC Turbo. The engine, which was exhibited at the 2016 Mondial de l'Automobile in Paris, ...
Digitech Venture Capital Fund, along with technology incubator Seed Sumo and Jason Calacanis, have invested in CarForce, a company that develops connected cars. CarForce was founded by a former eBay Motors executive and has a stellar ...
Tags: Digitech Venture Capital, CarForce
The Continental Corporation has announced targeted acquisitions to expand its technology expertise. The international automotive supplier, tire manufacturer and industrial partner has acquired the tire specialist Hoosier Racing Tire ...
Tags: Continental Corporation, acquisition, technology expertise
Aluminium cans recycler Novelis has confirmed that the UPM Raflatac’s 23 micron Vanish label film is sufficiently light and does not affect the quality of recycled aluminum. The ultra-thin Vanish PET label film, which is proved to ...
UPM Raflatac has expanded its security labels range with the introduction of two new ultra-destructible (UD) film labels. Designed for the European market, the new films can be used by brand owners as secure labeling solutions. They can ...
Tags: UPM Raflatac, UD film labels
UPM Paper Asia business area will be renamed UPM Specialty Papers as of 1 October 2016. The new name highlights the business area's strategic focus on specialty papers and global operations. UPM Specialty Papers has global market ...
Pregis has introduced Easypack paper-based protective packaging equipment in North America. The new Easypack equipment uses recycled-content paper to create cushioning and block/brace solutions, which can be used in different ...