In the 165th year of its history, Freudenberg, the internationally active family company, was more successful than ever before. In the 2013 financial year, the technology group reported record sales for the fourth year in succession, on the ...
Tags: Nonwovens, Freudenberg
German automaker BMW Group is set to invest $1bn to expand the production capacity at its Spartanburg plant in South Carolina by 2016. The plant currently producies BMW X3, X5, X5 M, X6 and X6 M models. The new expansion will see the ...
Tags: BMW, Spartanburg Plant Expansion, automaker
German automaker Volkswagen Group has signed joint declarations with its Chinese joint venture partners SAIC Motor and First Automotive Works (FAW) Group to work collaboratively in the field of forward-looking technologies. Under the ...
Tags: Volkswagen, Automotive, automotive industry
In the presence of Germany’s Chancellor Dr. Angela Merkel and the Chinese State President Xi Jinping, Daimler AG and its Chinese partner Beijing Automotive Industry Corporation (BAIC Group) today signed an agreement on the further ...
Tags: Daimler, BAIC, Mercedes-Benz
German automaker Daimler is set to invest EUR500m to expand its Mercedes-Benz Bank unit in Europe. This move is aimed focusing on customer loans to its product offering. The company currently offers its loans to dealers. Mercedes-Benz ...
Tags: Daimler, Mercedes-Benz, automaker
Automotive technology supplier Robert Bosch is developing technologies to make cars an acitve part of the internet, in order to improve the comfort, safety, and efficiency. In this project, the company is pursuing three strategic ...
Tags: Automotive technology, Bosch, Network Cars
Specialty chemicals company LANXESS has undergone impairment tests, according to IAS 36, that result in exceptional charges of EUR 257 million in the fourth quarter of 2013. Due to the expected development of overcapacities, as well as ...
Tags: LANXESS, Specialty chemicals
Ambiente 2014: Running Successfully Published on : Monday, February 10, 2014 Ambiente continues on its successful course as it has opened its doors on February 7, 2014 at Messe Frankfurt. One of world’s leading trade fairs in ...
Tags: METI, Ambiente, GfK, Tarek Al-Wazir
German automotive giant Volkswagen is set to acquire the entire stake in Swedish commercial vehicle maker Scania for EUR6.7bn. The company currently holds a total of 89.2% of the voting rights and 62.6% of the capital of Scania. ...
Tags: Commercial Vehicle, Volkswagen
Stylistically self-assured presence, exclusive appointments and refined sportiness – the new S-Class Coupé from Mercedes-Benz combines the classic proportions of a large, sporty coupé with modern luxury and state-of-the ...
Tags: Mercedes-Benz, S-Class Coupe
The BMW Group’s record-breaking sales growth of last year continued in January 2014 with deliveries increasing by 7.8%. In the first month of the year, a total of 132,892 BMW, MINI and Rolls-Royce brand vehicles were delivered to ...
Tags: BMW Group, Auto Parts
German automaker Audi has signed a strategic agreement with Technical University of Dresden (TUD) to work on new technologies for the automotive industry. As part of the agreement, both partners will conduct a joint research in areas ...
Tags: intelligent multi-material mix, audi, strategic agreement
Jan 22, 2014 03:03 PM Mark Lampert PORTLAND, Ore. - - Daimler Trucks North America (DTNA) today announced that Mark Lampert, senior vice president of sales and marketing, will retire March 31, 2014. Richard Howard will assume the ...
Tags: DTNA, Mark Lampert, Daimler Truck, Martin Daum
The Supervisory Board of Akzo Nobel N.V. announced that Keith Nichols, chief financial officer and member of the board of management, has decided to step down at the end of June after eight highly successful years with the company. ...
Tags: Akzonobel, step down, past eight year
A new all-time record for AUDI AG: In 2013, the company sold around 1,575,500 automobiles worldwide, 8.3 percent more than in 2012. The premium manufacturer's sales thus increased by more than 100,000 units for the fourth consecutive ...
Tags: Audi, export markets