Federal opposition leader Tony Abbott says the Coalition does not support the Labor Government’s changes to fringe benefits tax (FBT) rules and will not proceed with the policy changes if elected. The government has attracted ...
Chrysler, Ford and General Motors have thrown their support behind Detroit after the automotive industry hub known as ‘Motor City’ filed the largest municipal bankruptcy case in US history. Michigan Governor Rick Snyder ...
Tags: Car Makers, Detroit Bankruptcy
Leading industry figures insist the Federal Government's changes to rules on fringe benefits tax (FBT) will have "dire consequences" for Australia's automotive industry. Prime Minister Kevin Rudd yesterday announced a $1.8 billion cut in ...
Tags: Automotive, car, auto
Nokia sold 7.4 million Lumia smartphones in the second quarter, its best yet for sales of the Windows Phone devices, but still made a net loss. Net sales totalled a!5.70 billion (US$7.48 billion), down 24 percent year-on-year. The company ...
Tags: Lumia Smartphones, Nokia
Hydro Aluminium has entered into an agreement with the Japanese metals group Kobe Steel. The agreement comprises an exchange of technical information on aluminum coil and sheet for cars, the licensing of intellectual property and know-how, ...
Tags: Construction
UK government has collaborated with the county's automotive industry to make GBP1m investments in an advanced propulsion centre (APC) over the next ten years. Both the government and automotive industry will invest GBP500m each in the APC ...
Tags: Vehicle Development, Auto Parts, UK
It’s reported that Russia’s NLMK Group said that its automotive sheets successfully passed a recertification audit with international standards. The British Standards Institution (BSI) certificate which covers the products ...
Tags: Automotive Sheets, Recertification Audit, Construction&Decoration
WIMA GmbH & Co.KG appoints Supreme Components International (SCI) as their official franchised non-exclusive distributor for their complete range of products in the markets of India and Vietnam. SCI, headed by Mr. Vick Aggarwala, a ...
Tags: LED lighting, LED, Lights, Lighting
Virtualisation has been a strategic initiative for the adidas Group since back in 2004, after we proactively began to look into how the automotive and aerospace industries were successfully showing their products using digital 3D ...
Tags: adidas Group, Apparel
Japanese automaker Mazda has started construction of new $257m transmission plant, dubbed as Mazda Powertrain Manufacturing (Thailand) (MPMT), in Chonburi province. Operations at the new SKYACTIV transmission manufacturing facility are ...
Tags: Mazda, Transmission Plant
In June this year, new passenger car registrations in the German market fell by five percent year on year to 282,900 units, according to the data released by the German Association of the Automotive Industry (VDA). Meanwhile, in the first ...
Tags: passenger car, car, auto
German-based plantmaker SMS Siemag has announced that US-based PRO-TEC Coating Company has successfully started hot commissioning of the continuous annealing line supplied by SMS Siemag and installed at the works in Leipsic, Ohio. The line ...
Tags: steel strips, Steel, Mineral
US-based automobile manufacturer Ford Motor is introducing a new manufacturing technology that is claimed to decrease costs and delivery time for sheet metal parts. The technology is said to be based on the Ford Freeform Fabrication ...
Tags: Ford, Manufacturing Technology
Austria-based plantmaker Siemens Metals Technologies has announced that it has received an order from Chinese steelmaker Anshan Iron and Steel Group Corporation, for the supply of a new slitting line. This production line will be ...
Tags: Siemens, Steelmaker
R-M, the premium automotive refinish brand, opened the new International Refinish Competence Center (RCC) in Clermont, France. It is now one of the most modern training facilities in Europe. With an investment of approx. € 2.5 million, ...
Tags: Construction, Decoration