The head of Daimler and Mercedes-Benz has been given three more years to lift his company’s lethargic profits and sales and attempt to close the gap to its luxury German rivals. The supervisory board of Daimler AG voted to extend ...
Tags: Mercedes-Benz, luxury German rivals, BMW
Reportedly, Korea’s Posco announced that the company has expected to build new two coil centers in central Mexico in order to meet the strong demand of automobile industry. The new company name form as Posco-MPPC which is in Celaya ...
Tags: Posco, Autosheet Coil Centers, Mexico
Geely Automobile's Hong Kong-based subsidiary Shanghai Maple Guorun has signed a deal with Zhejiang Kandi Vehicles to set up a 50-50 joint venture (JV) in China. The new JV to be called Zhejiang Kandi Electric Vehicles Investment (JV ...
Tags: Geely Auto, EVs, Electric Vehicles
In November 2012, the turnover in France's manufacturing industry decreased significantly by 1.9 percent month on month, following a month-on-month rise recorded in October, according to France's National Institute of Statistics and ...
Tags: manufacturing, metal product, metal product manufacturing
Japanese automobile production in December 2012 totaled 702,285 units, decreasing by 145,965 units or 17.2 percent compared to the same month of the previous year. December was the fourth straight month of decrease following year-on-year ...
Tags: automobile output, automobile production, automobile industry
In 2012, the industrial profits of enterprises above designated size achieved 5,557.8 billion yuan, a year-on-year increase of 5.3 percent. In December, the industrial profits of enterprises above designated size achieved 895.2 billion ...
Tags: Industrial Profits, 2012, Industry
In 2012, production in the overall Mexican vehicle industry rose 12.8 percent compared to 2011, amounting to 2,884,869 units, mainly due to the 23.6 percent year-on-year increase in light vehicle production, according to the Mexican ...
Tags: Mexico, vehicle industry, car exports
Because the demand for steel sheet for the automobile industry kept increasing in Central Northern America, Posco decided to build a new processing center in Mexico for the automobile industry. The new processing center is closed to ...
Tags: steel sheet, processing center, Mexico, automobile industry
In recent years, Baosteel increases input in material development and application and fully supports national energy strategy engineering and automobile industry development. On January 18, at 2012 National Science and Technology Awards ...
Tags: Baosteel, Awards, National Science and Technology Awards Conference
In its Europe News Issue published on January 22, the Japan Automobile Manufacturers Association (JAMA) focused on the decision reached between the Japanese government and the European Commission on November 29 to start negotiations on the ...
In December 2012, the total value added of the industrial enterprises above designated size was up 10.3 percent year-on-year (the following growth rates of value added are real growth rates, after deducting price factors), 0.2 percentage ...
Tags: Industrial Production, value, heavy industry
Business Standard reported that tepid sales, despite record discounts and introduction of new models, continued to remain a concern for most manufacturers in the domestic automobile industry with seven of the country’s major ...
Tags: Sputter, Car Sales, Transportation
From January to November, the industrial profits of enterprises above designated size achieved 4,662.5 billion yuan, a year-on-year increase of 3.0 percent. In November, the industrial profits of enterprises above designated size achieved ...
Tags: industrial profits, industrial enterprise, economy, business
According to France's National Institute of Statistics and Economic Studies, in October this year, the turnover in France's manufacturing industry increased 0.9 percent month on month, following the 2.7% month on month decrease recorded in ...
Tags: manufacturing industry, France, manufacturing, Manufacturing Turnover
The government of Australia decided on December 20 to implement anti dumping measures for hot rolled steel coils & sheets imported from Japan. During the anti-dumping investigation by the government, the Japanese steel industry repeatedly ...
Tags: Australia, hot rolled steel coils, Japanese steel industry, steel market