Govt incentives remain the primary driver of the industry, rather than organic demand or products' competitiveness Electric cars are widely believed to be the future of the automotive industry, but experts say even in the world's largest ...
Tags: Electric Car, SAIC Motor
Kaiima Bio-Agritech has partnered with Horizon Ag to develop new rice varieties for the US market by using a breeding tool developed by Kaiima. While Kaiima, based in Israel, is a genetics and breeding technology company, Horizon Ag is a ...
Tags: Kaiima, EP technology
BMW is planning to invest up to €500m on new car technologies over the next 10 years via its i Ventures division. The automaker will use the money to back startups working on areas including autonomous driving and digitalisation, and ...
Tags: BMW, BMW i Ventures
Audi has developed a growth plan for its joint business with First Automobile Works (FAW) Group for the coming 10 years with eyes on sustainable growth in the brand's largest global market. The partners will intensify their cooperation in ...
Tags: Audi, FAW-Volkswagen, SUV
In the first nine months of 2016, KBA-Sheetfed achieved a 17.5% increase in revenue to €443.8m, accompanied by strong segment earnings of €17.3m. Following a good third quarter, the Koenig & Bauer Group (KBA) came substantially ...
Tags: KBA-Sheetfed, good net liquidity
Orion Packaging, powered by Pro Mach, introduces at Pack Expo 2016 in Chicago, November 6-9, the company’s first automatically guided portable stretch wrapper designed for those distribution centers and manufacturers looking for ...
Tags: Orion, Stretch Wrapper
German auto-maker Volkswagen has opened a new plant in Wrzesnia, Poland. Festive plant opening in Wrzesnia, Poland: about 1,000 guests from state authorities and business as well as representatives from the workforce and unions – ...
Tags: Volkswagen, Crafter
ZF has established a company to invest in technology companies. Zukunft Ventures GmbH, headquartered in Friedrichshafen, opened its doors for business in September 2016. The new company’s mission is to identify and invest in companies ...
Tags: Zukunft Ventures
Friedrichshafen / Stockholm – ZF Friedrichshafen AG, through its wholly-owned subsidiary ZF International B.V. (“ZF”), announced today that it has withdrawn its recommended public cash offer (the “Offer”) to ...
Tags: ZF, withdraw, public cash offer, Haldex
German luxury car-maker Audi is expanding its production footprint worldwide by opening a new automobile plant in San José Chiapa, state of Puebla, Mexico. The plant has an annual production capacity of approximately 150,000 ...
Tags: Audi, automobile plant
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
Voted as a 2016/2017 Superbrand, ALNO is again one of Germany′s outstanding brands in the brand dominance, customer loyalty and brand acceptance category for the fourth time since 2009. Selected from over 1,350 nominations, the jury ...
Tags: ALNO, 2016/2017 Superbrand
Food supply chain software specialist LINKFRESH has signed a major deal which could be worth up to $5m in joint revenues with Illinois-based FamilyFarms Group. FamilyFarms Group is a farmer-owned organisation focused on delivering ...
Tags: LINKFRESH, FamilyFarms, ERP Software
The conference on technologies and equipment for global energy interconnection was held in Berlin from December 10 to 11, 2015 local time. This conference was co-hosted by State Grid Corporation of China or SGCC, and German Electrical and ...
For the first time, Volkswagen Truck & Bus will be presenting itself to a broad public as a group of strong brands at the IAA Commercial Vehicles 2016. On the evening prior to the opening of the world's largest commercial vehicles trade ...