It is learned that Techint opened their new mill in Buenos Aires, Argentina early this week. The new mill costs US$63 million is part of the company’s US$570 million investment in the period of 2012 – 2013. The ...
Tags: Automobile Sector, Techint
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
US based automobile manufacturer Chrysler has collaborated with Detroit-based NextEnergy to examine the vehicle-to-grid (V2G) electric vehicle (EV) technology. The test will be conducted with four battery-powered all-electric minivans ...
South Korean automobile manufacturer Kia Motors has reported a 2.6% increase in the sales of its passenger cars, recreational vehicles (RVs) and commercial vehicles during the first half of 2013 to 1,383,759, compared to the corresponding ...
Tags: Kia Motors, automobile
German automobile manufacturer Mercedes-Benz has unveiled the new 2014 S 63 AMG saloon, prior to its world premiere at the upcoming Frankfurt International Motor Show in September 2013. The new saloon is powered by a 5.5L V8 BlueDIRECT ...
Tags: Mercedes-Benz, Amg Saloon
Japanese Toray Industries has acquired 20% stake in US based carbon fiber reinforced plastics (CFRP) auto parts manufacturer Plasan Carbon Composite (PCC). The move is part of the Japanese firm's plan to expand its automotive carbon fiber ...
Shaanxi Automobile Group Co., Ltd. holds a grand ceremony to celebrate the delivery of LNG trucks to Fujian Hongda Transport Co., Ltd. SHACMAN president and sales general manager Zhou Yinchao hands over a symbolic key to vice president of ...
Tags: LNG Trucks, SHACMAN, Trucks
China’s Foton Motors group plans to install its Brazilian headquarters in Rio de Janeiro state, where it will build a truck assembly factory that from 2015 on will initially produce 20,000 vehicles per year, the state’s ...
Tags: Foton Motors, Motors, Auto Parts
City Tire Co., with 11 stores in a four-state area, is celebrating 85 years of business in July 2013. Founded in July, 1927, by Irving Greenberg, who had recently arrived in the United States from Russia, the company is now run by his ...
Tags: Tire, City Tire, Auto Parts
In June 2013, the total retail sales of consumer goods reached 1,882.7 billion yuan, up by 13.3 percent year-on-year (nominal growth rate. The real growth rate was 11.7 percent. The follows are nominal growth rates if there’s no ...
Tags: Total Retail Sales, Consumer Goods
From January to June, the private investment in fixed assets reached 11,558.4 billion yuan, a year-on-year increase of 23.4 percent in nominal terms, down by 0.4 percentage point over the first five months. The proportion of private ...
Tags: Private Investment, Fixed Assets
From January to June 2013, the investment in fixed assets (excluding rural households) reached 18,131.8 billion yuan, up by 20.1 percent year-on-year in nominal terms, the growth rate decreased 0.3 percentage point over that in the first ...
Tags: Investment, Fixed Assets
Industrial Production Operation in June 2013 National Bureau of Statistics of China 2013-07-16 10:50:55 In June 2013, the total value added of the industrial enterprises above designated size was up by 8.9 percent year-on-year (the ...
Start-up sports car maker Automobile Ron Mexico has released initial images and details of its first model, the Ron RXX. Described by Ron as a super-lightweight tandem two-seater, the RXX features an aluminium chassis and a body and ...
Tags: Sports Car, Ron
China plans to expand the number of cities limiting auto purchases in an effort to curb greenhouse emissions and congestion, Bloomberg reported. Deputy Secretary General Shi Jianhua of the China Association of Automobile Manufacturers said ...