Bloomberg reported that Schmolz+Bickenbach AG dropped as much as 3.8%after Standard&Poor's said the Swiss maker of steel for the car industry risks breaking covenants on its debt next year. S&P downgraded the steelmaker's credit rating to ...
Tags: S&P, debt, risks, Credit Rating
Basic Facts Wuxi is an old city in Jiangsu Province. Split into halves by Lake Tai, Wuxi borders Changzhou to the west and Suzhou to the east. The northern half looks across to Taizhou to the north over the Yangtze River, while the ...
Tags: Focus Vision, China Culture, WUXI, Electric Vehicle
Toyota Australia has opened a new state-of-the-art engine plant, making it the first Australian car manufacturer to produce both petrol and hybrid engines. Located in Altona, west of Melbourne, the plant will produce about ...
The Audi Q5 is out to preserve its lead as the nation's favourite luxury SUV with an update that brings improved engines,practicality and value. Audi's mid-sized SUV continues to start from$62,200 for a turbo diesel and from$62,900 for a ...
Tags: Audi Q5, luxury SUV, new car, car industry
Audi Australia is set to post only incremental sales gains in 2012 after successive years of double-digit growth since 2004,but the German brand's local subsidiary insists it's on track for its goals. The company hasn't been able to ...
Tags: Audi, Australia, annual sales record, car industry, company news
Sri Lanka, one of the key export destinations for Indian auto manufacturers, has raised import duty on vehicles, making companies jittery just as the government looks to take up the matter. Sri Lanka has increased import duty on ...
Tags: Sri Lanka, auto market, India, car industry
French manufacturing group PSA Peugeot Citroen will terminate a further 1500 jobs by 2014 due to continued financial woes,adding to the job cuts already announced in July. Bloomberg reports that Europe's second-largest carmaker,PSA ...
Tags: PSA Peugeot Citroen, Sales Gloom, job cuts, car industry
Reuters reported that 5 international engineering firms have bid to build 50,000 tonnes per year polyacetal plant at Ibn Sina an affiliate of Saudi Basic Industries Corporation. SABIC said in 2010 the project, producing a plastic which is ...
Tags: polyacetal plant, plastic waste, steel construction, car industry
Forget cheap shoes.China is leaping up the technology ladder at a rate that has caught its competitors off guard,not least in renewable energy. The pace of the country's progress was on full display last week at an energy conference in ...
Tags: China, solar energy, renewable energy, PV
The Toyota HiLux has continued its year of ute sales domination,coming out on top again in the November sales figures. While the Toyota HiLux retained top spot with 3059 units delivered across the country,November proved an impressive ...
Tags: Toyota HiLux, Top 10 Best selling Utes, 2012 Sales Overview, car industry
PTI reported that the country’s largest car maker Maruti Suzuki India a 12.45% increase in its total sales at 1,03,200 units in November. The company in a statement said that the company had sold 91,772 units in the same month last ...
Tags: Maruti Suzuki, India, total sales, car industry
Taiwan’s Automotive Research&Testing Center(ARTC)has signed an MoU with France based Union Technique de l’Automobile du Motocycle et du Cycle(UTAC)for the development of technology for electric vehicles(EV). The agreement also ...
Buying used cars has long been a common strategy to save money. But now shoppers are being squeezed between higher-than-usual used car prices and a growing selection of increasingly fuel-efficient new cars. That's the conclusion of a new ...
Tags: used cars, fuel-efficient new cars, poll released, fuel economy
Bigstone Technology Co.,Ltd.,from Ningbo,China,has claimed to develop the world's most convenient LED headlamp. The new LED headlamp are passed the National certification in the field of Automotive Headlamps testing in Tianjin,Changchun ...
Tags: China, LED, headlamp, Bigstone Technology
Shenzhen furniture trade association secretary-general HouKePeng: the past our money is how to make? Most of the people are in big stores it to make money. Today the situation is not good, resistance to rent, don't pay the rent, and this ...
Tags: furniture retail