Global consumption of spirits in both domestic and travel retail markets marked a slowdown in 2012, according to International Wine & Spirit Research (IWSR), a UK-based provider of data on wine, spirits and ready-to-drinks. In 2012, ...
US-based Illinois Tool Works Group’s subsidiary ITW has announced its consent to acquire German packaging company The Meurer Group. Competition authorities are yet to approve the deal. The German company, which will retain its ...
Tags: Tool Works Group, Packaging
German car market Audi has signed a collaboration agreement with Massachusetts; US based signal processing technology developer Analog Devices to collaborate on automotive solutions. Both the companies will collaborate strategically in ...
Tags: Audi, Automotive Solutions
German automaker Daimler is planning to trim down its spending on information technology (IT) by EUR150m each year by 2016. Daimler is reportedly facing problems to counterpart its opponents' scale and efficiency in smaller car models, in ...
Tags: Daimler, Auto Parts
German chemical company BASF's subsidiary, BASF Coatings has opened a new training center for automotive refinishing, the Refinish Competence Center (RCC), with an investment of over EUR2.7m in Cesano Maderno, Italy. The 1,200sqm center ...
Tags: BASF Coatings, Training Center
The Eurozone manufacturing downturn eased for the first time in four months in May. Moreover, all sub indices from the latest survey improved on the earlier flash estimates except suppliers’ delivery times. At a 15-month high of ...
Tags: Manufacturing, May, Eurozone
US carmaker General Motors (GM) and German automaker BMW have jointly tested the use of DC fast charge station and confirmed that the deployment could offer electric vehicles (EVs) an 80% charge in 20 about minutes. The move brings both ...
German drug maker Boehringer-Ingelheim and Shanghai Zhangjiang Biotech & Pharmaceutical Base Development Co., Ltd. declared strategic cooperative agreement to build up the first Chinese biopharmaceutical base using mammal cell culture ...
Tags: Health, Medicine, Biopharmaceutical Base
ACEA published Europe's commercial vehicle in April. It's reported that total sales was 122,826, increasing by 6.4%. It broke the sales of last year after 16 month. The increasing sales of LCV (vans) contributed to the rise of total ...
Tags: Commercial Vehicle, Transportation
US-based privately held medical device company RSB Spine has inked an exclusive distribution and licensing agreement with JMF (T) Group, a Thailand company of German manufacturer of spinal and orthopedic implants Mahe Medical. As per the ...
On Thursday (June 5) Audi said, because of the overseas business is good, the sales rose significantly in May 2013. it sold 137200 vehicles in the world, up 6.4% from a year earlier. Since early 2013, Audi sold a total of 640200 vehicles, ...
Tags: Audi, Auto, Transportation
The trade between China and Germany in recent years is more and more competitive. On June 5,the Prognos institute said, the German exports is far behind China exports in the market of emerging countries and other industrial countries beside ...
Tags: Market Share, economy
A three-wheeled wheelchair was built in 1655 or 1680 by a disabled German man, Stephan Farffler, who wanted to be able to maintain his mobility. Since he was a watch-maker, he was able to create a vehicle that was powered by hand cranks. ...
Tags: Tricycle
Skyworks Solutions Inc of Woburn, MA, USA says that an increasing number of its products are enabling telematics and infotainment systems in the automotive market. Telematics is the term used to describe the integrated use of computers and ...
Tags: Skyworks, SOI Telematics
German sports car maker Porsche has resumed production of Cayenne SUV at its Leipzig assembly plant in the state of Saxony after a production downtime due to lack of supply from flood affected Bratislava. In addition to Cayenne SUV, the ...
Tags: Porsche, sports car