Germany-based Siemens introduced an environmental portfolio in 2011 to help reduce gas emissions by 317 million tons. According to Peter Loscher, president and CEO of Siemens, climate change has been affecting people's lives and it is ...
Tags: innovative energy technology, Siemens president, CEO Peter Loscher
Mazda Motor and Fiat Group Automobiles have collaborated to develop a new roadster for the Mazda and Alfa Romeo brands based on Mazda's new MX-5 architecture. As per the agreement, both the carmakers will develop two different roadsters, ...
Tags: Mazda Motor, Fiat Group Automobiles, new roadster, MX-5 architecture
Japanese car maker Mitsubishi Motors is aiming to sell 300,000 vehicles in China in 2015. Mitsubishi said that its sales business in this country is focused on three areas which include engines, domestic automobiles and import ...
Tags: Mitsubishi Motors, engines, domestic automobiles, import automobiles
Japanese automaker Toyota Motor is planning to double its sales in China by 2015 to 1.8 million units. The company plans to sell about 1 million units in China in 2012, representing 12% of global sales. If the company sells planned 1.8 ...
Tags: Toyota Motor, sedan, compact hatchback, gas-electric hybrid
French carmaker Renault and British racing-car company Caterham have partnered to set up a new joint venture (JV) for developing and producing future sports vehicles. The future vehicles built by the new JV will be marketed under the ...
Tags: Renault, Caterham, joint venture, sports vehicles
Subaru automobiles' maker Fuji Heavy Industries (FHI) has unveiled the 2013 Legacy with Chinese specifications, at the Beijing Auto Show. The 2013 Subaru Legacy is powered by horizontally-opposed boxer engine, which the company says ...
Tags: Subaru, Fuji Heavy Industries, electronic parking brake
German carmaker Audi has reported 37.8% rise in its sales in China and Hong Kong to 193,871 units during the initial six months of 2012. According to the company, the rise in sales during the period was due to the sales of vehicles ...
Tags: Audi, vehicles, german carmaker, imported cars
Catastrophe modeling firm AIR Worldwide has forecasted that Hurricane Isaac will cause insurance losses between $700m-$2bn in the US. The calculation of losses includes wind and storm surge damage to onshore residential, commercial and ...
Tags: AIR Worldwide, catastrophe modeling, Hurricane Isaac, insurance loss
US catastrophe modeling firm AIR Worldwide has forecasted that insured losses from Hurricane Sandy to onshore properties in the US will be in the range of $7bn to $15bn. The estimation has been made based on the damage to ashore ...
Tags: catastrophe modeling, forecast, insured loss, US
Fuji Heavy Industries (FHI), the manufacturer of Subaru automobiles, has unveiled its four-door Subaru WRX STI spec C sedan, which further enhances its WRX STI Series line of vehicles. The company had launched the spec C version in ...
MOBIS has announced revamped packaging boxes for Hyundai-Kia Motors genuine parts, which will be used for products produced and supplied from 7 November 2012. The new look is an attempt to create a unique image for both Hyundai Motors & ...
Tags: Packaging Design, Hyundai, packaging boxes
US commercial automobile insurer Atlas Financial Holdings has signed a definitive agreement to acquire Camelot Services, and its lone insurance subsidiary, Gateway Insurance, for nearly $23m. As per the terms of the deal, the purchaser ...
Tags: Financial, Insurance, automobile insurer, insurance subsidiary
The automotive market in Turkey is expected to rise at a compound annual growth rate (CAGR) of 8.4% during the 2011-2015, according to a new report. TechNavio's new report, 'Automotive Market in Turkey 2011-2015: Various Automobile Giants ...
Tags: Automotive Market, Turkey, Grow
US-based automotive components and parts supplier BorgWarner is providing its new three-stage turbocharging technology for BMW's M Performance diesel engine. With the new three-stage turbocharging system, the 3.0-liter six-cylinder ...
Tags: automotive components, three-stage turbocharging system, diesel engine
Freescale Semiconductor (FSL) has entered into a partnership with First Automobile Works (FAW), a China-based automotive OEMs, to form a new joint automotive lab 'FAW-Freescale'. The new joint automotive lab will be a shared research and ...
Tags: Freescale Semiconductor, First Automobile Works, ertrain control