General Motors (GM) and SAIC Motor’s joint venture, Shanghai GM is planning to invest CNY100bn ($16bn) over the next five years, to develop new vehicles. The automaker intends to develop ten new or upgraded models each year until ...
Tags: General Motors, SAIC Motor, new vehicles
The country will move faster to develop its energy-saving and new-energy vehicle industry to ease pressure on resources and the environment. Subsidies for new-energy car buyers in 2014 and 2015 will be raised from previous levels set by a ...
Praxair, Inc. has announced that its Praxair Surface Technologies coating service center in Changzhou, China, recently received Nadcap (National Aerospace and Defense Contractors Accreditation Program) accreditation for coatings. Nadcap ...
Tags: Praxair, Surface Technologies coating service, coatings
Japanese automaker Acura is planning to introduce a powerful version of 2016 RDX luxury SUV. The upgraded vehicle will have more power, will be more fuel-efficient and more luxuriously and feature additional features than its present ...
Tags: RDX Luxury SUV, Acura, automaker
Commercial vehicle maker Allied Specialty Vehicles (ASV) has entered into a partnership with CleanFUEL USA, to expand its line of alternative fuel vehicles. Under the terms of the partnership, CleanFUEL will provide its products and ...
For the first fiscal quarter ended March 1, 2015, denim jeans marketer Levi Strauss & Co. reported a 7 per cent year over decline in net sales due to lower revenues in wholesale and retail in the Americas. Levis said its net sales ...
Tags: Levis, denim jeans
Asahi Glass Co (AGC) will invest around $400 million to construct a power plant at its Indonesian subsidiary PT Asahimas Chemical (ASC). According to a AGC press release, the power plant will enhance the competitiveness of its ...
Tags: Asahi Glass, Power Plant
The annual rate of inflation, based on monthly wholesale price index (WPI), stood at minus 2.33 per cent for March 2015 (over March 2014), according to the provisional data released by the Office of the Economic Adviser, Ministry of ...
Lubrizol Corporation's performance coatings business has expanded capacity and increased manufacturing efficiencies at its solvent acrylics production facility in Sant Cugat (Barcelona), Spain. Solvent acrylic resin technology for ...
Tags: Lubrizol, performance coatings
The Iowa Supreme Court on Friday upheld the complicated formula that Iowa uses to tax natural gas consumption, rejecting a legal challenge brought by the state's powerful ethanol industry. The owners of several ethanol plants argue the ...
After controversy has swirled for days around a group of weight-loss supplements containing a potentially dangerous chemical, many big retailers have pulled the product from their shelves. The supplements in question include the ...
Tags: Chemical, BMPEA, Manufacturing
The Aditya Birla Group has proposed a four-way restructuring plan to bring its retail business under Pantaloon Fashion & Retail (PFRL) and offer a maximum of 10 per cent equity stake to an investor in the consolidated entity, according to ...
Tags: Birla Group, Pantaloons Fashion
Electric vehicles have been developing rapidly from the original hybrids, to parallel/serial and plug-in hybrids through the optimization of power drive designs. Since then, the industry has been able to develop all-electric models as the ...
Tags: Electric Vehicles, Global Trends, Audi
The Utah Transit Authority (UTA) has reportedly trialled a new all-electric bus which will operate with less noise and emit no pollution. The first-of-its-kind vehicle is manufactured by China-based lithium-ion batteries maker BYD. The ...
Tags: All-Electric Bus, no pollution Bus, BYD
The U.S. Environmental Protection Agency (EPA) has recognized Philips, the global leader in lighting, with a 2015 ENERGY STAR (ES) Partner of the Year – Sustained Excellence Award for the company’s continued leadership in ...