Groupe Renault and Brilliance China Automotive have signed a joint venture (JV) contract to manufacture and sell light commercial vehicles (LCV) in China in three segments with three brands. The new JV, which will be known as ...
Tags: Renault, Light Commercial Vehicles
Molson Coors UK and Ireland has entered into a partnership deal with China Resources Snow Beer (CRSB), which gives the brand exclusive rights to distribute Snow beer to the UK market. As per the agreement, Molson Coors UK will have the ...
Tags: Molson Coors, Beer
Toyota Motor Corporation (Toyota) announced that it will roll out an electric vehicle under the Toyota brand in the Chinese market in 2020, and that the scope of a fuel-cell vehicle feasibility study will be expanded to cover commercial ...
Tags: Toyota Motor, electric vehicle
The Renault-Nissan Alliance and Dongfeng Motor have established a joint venture (JV) to co-develop electric vehicles in China. The new JV, dubbed eGT New Energy Automotive, will manufacture vehicles with zero-emissions. It will use the ...
American auto-giant Ford and Chinese automaker Anhui Zotye Automobile have signed a memorandum of understanding (MOU) to form a 50: 50 joint venture to develop, produce and market all-electric vehicles (EVs). Electric vehicles produced ...
Tags: Automobile, electrified vehicles
Sappi has reported a net profit of $58m for this financial year’s third quarter, compared to $32m for the same period last year. For Q3, its earnings per share stood at $0.11, excluding special items. Sappi had also reduced its debt ...
Tags: Sappi
China has targeted installing 86.5GW PV capacity during 2017-2020 under the 13th Five-Year National Development Plan, including 54.5GW for ground-mounted PV projects and 32GW, or 8GW a year, for PV projects under the "Top Runner Program," ...
Tags: PV capacity, PV
Dana has broke ground on a new 7,500m2 production and assembly facility in Chongqing, China, that will manufacture advanced driveline products for the Chinese market. Scheduled to open in late 2018, the facility will produce final drive ...
Tags: Dana, driveline products
Plastic processing equipment maker Milacron has exhibited its advanced injection molding machine portfolio at Chinaplas 2017 event in Guangzhou, China. At the event, the company exhibited Ferromatik 160 Series machines, which provides ...
Alph Group accelerates its European growth with the recruitment of Media, TV and Licensing expert. Alpha Group has announced the new appointment of Antoine Erligmann as VP of media, TV and licensing, continuing its international expansion ...
Tags: Alpha Group, TV
Around half of all high-end VR headsets sold in 2016 were PSVRs according to the latest estimates. The sales numbers make rosy reading for Sony, whose PSVR headset had sold nearly a million units the last time data was publicly revealed. ...
Tags: PSVR, VR headset
Chinese engineering firm Truking Group has agreed to acquire 75.1% stake in Romaco Group from German private equity company Deutsche Beteiligungs (DBAG). Romaco, which employs about 550 people, provides packaging and processing ...
Tags: Truking, coating machine
Sedans have always held an important place in the automotive market, especially if it’s the Chinese market that we are speaking about. The world’s biggest automotive market, China, offers immense potential to automakers to ...
Tags: automotive market, BMW
Ford Motor has announced to launch Mondeo Energi vehicle in China next year, as part of its new electrification strategy for the country. Mondeo Energi will be Ford’s first plug-in hybrid to be manufactured by Changan Ford joint ...
Tags: Ford Motor, Plug-in Hybrid
New Zealand exporters will soon be allowed to send chilled meat to China under a new agreement signed by the two countries. Significant revenues are expected to be made by the New Zealand meat sector following a Memorandum of Cooperation ...
Tags: chilled meat, frozen meat