Among the newly released Teana models by Dongfeng Nissan, ultra high strength steel with more than 590 MPa car body application ratio reaches up to one third, with 980 MPa of maximum strength; While maintaining the most powerful engine in ...
Tags: Strength Steel, Steel
HSBC Insurance has entered into an agreement to dispose of 50% stake in Hana HSBC Life Insurance Company, to joint venture partner Hana Financial Group. Financial terms of the transaction have not been disclosed, however it is expected ...
Tags: HSBC Insurance, Hana Financial
Drivetrain, mobility, braking and aftermarket applications supplier Meritor has signed a purchase and sale agreement with its joint venture (JV) partner Randon Implementos E Participacoes. Under the deal, the company will sell its 50% ...
Tags: Meritor, JV Partner
Chinese manufacturer Geely Automobile has signed a partnership with US EV company Detroit Electric to jointly develop a range of pure-electric vehicles that is set to launch in China in 2014. Due to go on sale in the first quarter of 2014 ...
Voith has been commissioned with the equipment of a new hydropower plant in Angola in Africa. For the hydropower plant Cambambe II at the River Kwanza, the company will supply and install four generators and turbines as well as the control ...
Tags: Voith, Generators, Turbines
The Toyota Me.We concept has been unveiled in Paris, revealing a minimalist compact vehicle capable of being a small city car, an off-roader, a ute and a convertible. Powered by four electric motors – one in each wheel, like the ...
Tags: Toyota, Me.We Concept
Germany-based BASF and Malaysia-based PETRONAS Chemicals (PCG) plan to establish an aroma ingredients facility at their existing joint venture site BASF PETRONAS Chemicals in Gebeng, Kuantan, Malaysia with an investment of MYR1.5bn ($500m). ...
Tags: Petronas Chemicals, Food
Chinese carmaker Zhejiang Geely has partnered with the US based electric vehicle (EV) manufacturer Detroit Electric to jointly develop pure EVs and electric drive systems for Chinese market. Under the collaboration, the companies will ...
Tags: Detroit Electric, Chinese Market
General insurance provider AXA has agreed to acquire 50% shareholding in Chinese property & casualty insurer Tian Ping Auto Insurance Company (Tian Ping), for a total consideration of €485m. As part of Ambition AXA strategy, the deal ...
Tags: insurance provider, insurance
Knauf Insulation Holding GmbH are very pleased to announce the signing of an agreement with Exeed Industries LLC to acquire a holding in their subsidiary, Exeed Insulation LLC, which will operate as a joint venture under Knauf Insulation ...
Tags: GCC Region, Construction
Soitec of Bernin, France, which makes engineered substrates including silicon-on-insulator (SOI) wafers (as well as III-V epiwafers through its Picogiga International division), and Saudi Arabian investment company Khaled Juffali Company ...
Tags: Solar Energy, Electronics
The Australian Competition and Consumer Commission (ACCC) has announced that it will not oppose the proposed acquisition by Virgin Australia Holdings Limited of 60% of Tiger Airways Australia Pty Ltd. Virgin Australia is the second ...
Tags: Virgin Australia, Tiger Takeover
The Venucia Viwa concept has been unveiled at the Shanghai auto show, revealing the fledging Chinese brand’s vision for its second electric production vehicle. Venucia – the passenger vehicle division of Nissan’s joint ...
Tags: Venucia Viwa, EV Concept
The UK's biggest mobile network has claimed that its 4G customer base of 318,000 shows a "strong 4G take-up", as it disclosed its results for the first quarter to 31 March 2013. The firm, established by a joint venture between France ...
Tags: Computer Products, software
Designed as a joint venture between Suzuki and Chonqing Changan Suzuki of China, the?Suzuki Authentics?concept is?set to target "the C-segment sedan class, which has the largest volume in the Chinese automobile market". Showing styling ...
Tags: Suzuki, Auto, Transportation