Construction begins for Wrtsil's joint venture company's new production facilities in China Thursday, May 30, 2013 Wärtsilä Yuchai Engine Co., Ltd, the joint venture owned 50/50 by Wärtsilä and Yuchai Marine Power Co. ...
Tags: Production Facilities, China
Swedish truck maker Volvo has signed a deal to increase its stake in German engine manufacturer Deutz, from the current 6.7% to about 25%, by acquiring a total of 22.12 million shares from Same Deutz-Fahr Group. Volvo will pay EUR5.88 per ...
Tags: Volvo, medium-duty engines, Deutz, commercial cooperation
Indian carmaker Maruti Suzuki (MSIL) has approved to merge the Suzuki Motor's (SMC) subsidiary, Suzuki Powertrain India (SPIL), with itself following a stock swap transaction with Japanese parent company Suzuki Motor. SPIL, the supplier ...
Tags: Maruti Suzuki, Suzuki Motor, diesel engine, diesel powered cars