Germany-based long steel producer Saarstahl has announced that it is investing €46 million in the modernization of rolling mills, including €30 million for the rolling stand in V?lklingen and €16 million for the wire mill in ...
Tags: Metallurgy, Mineral, Steel, Rolling Mills
The first quarter of this year was a bad one for Russian steel-consuming industries, Russia's Metal Supply and Sales magazine has reported. Domestic industrial production was up just 1.4 percent compared to the same period last year. There ...
Tags: Metallurgy, Mineral, Energy
Global automotive supplier Magna International has agreed to supply all-wheel-drive (AWD) system for the new Mercedes-Benz GLA compact SUV as well as the A45 AMG and the CLA vehicles. The AWD system, which is known as ProActive Rear ...
Tags: AWD System, Mercedes-Benz Vehicles
American automotive parts supplier Johnson Controls has expanded its presence in China with the opening of a new automotive battery manufacturing plant in Chongqing City with an investment of $154m. The new plant is claimed to have a ...
The US Census Bureau and the US Bureau of Economic Analysis, through the Department of Commerce, announced today that total April exports of $193.3 billion and imports of $240.6 billion resulted in a goods and services deficit of $47.2 ...
Tags: Trade Deficit, capital goods
Halla Visteon Climate Control (HVCC), an automotive supplier of climate systems, has signed an agreement to take up majority stake of 51% in Japan Climate Systems (JCS) Nanjing. The acquisition of majority ownership in the company is said ...
Tags: JCS Nanjing, automakers
Ford Motor Company, a US-based automotive company, has introduced its Lightweight Concept vehicle, built using advanced materials including new metals, alloys and composites as a part of its research for future weight-reduction solutions. ...
Ford Motor and Samsung SDI, an affiliate of Samsung Group, have announced research on different levels of hybrid technology that can could be produced in high volume, and used in non-hybrid vehicles to achieve greater fuel savings. ...
Tags: Ford Motor, Samsung, Hybrid Technology
The automotive industry is caught between an app and a hard place. On one hand, carmakers are feeling growing pressure from thoroughly modern consumers, who expect their next car to respond more like a smartphone. On the other hand, the ...
Tags: automotive industry, carmakers
Unifi, Inc. announces the expansion of its Recycling Center, which opened in Yadkinville, N.C., May 2010. The expansion comes as Unifi dials up its commitment to Premium Value Added products, like REPREVE, which continue to be a strategic ...
Tags: Recycling Capacity, Unifi
In the first five months this year, sales of passenger cars and commercial vehicles in Turkey decreased by 26.31 percent year on year to 226,698 units, according to the statistics released by the Turkish Automotive Distributors Association ...
Tags: Passenger Car, commercial vehicles
Styrolution is seeking to expand polystyrene margins following the settlement of the June styrene contract price, the company said late Monday. With the Northwest European styrene contract agreed at Eur1,360/mt FOB ARA ($1,850/mt), down ...
Tags: Styrolution, Polystyrene
Software platforms provider QNX Software Systems, a subsidiary of BlackBerry has launched a new operating system (OS), the QNX OS for Automotive Safety 1.0. The new OS, which is built on the QNX technology, is said to address growing ...
Tags: Auto Parts, Accessories, Electrical, Electronics
China Auto Parts and Service Show is one of the top automotive sector trade events in China. With more than 30000 visiting participants, the show easily ranks as one of the most well attended shows of its kind in China. This time, ...
Tags: Global Sourcing Event
Glo AB of Lund, Sweden, which provides light source solutions for displays, illumination, and automotive sectors using its proprietary nanowire-based LED (nLED) technology, has been named as one of Europe’s five Cleantech Companies of ...
Tags: Glo, LED technology