Search Results for: cars
10 results out of 1175 results found for 'cars'.
INNOVATION LEAPS AHEAD IN RAILWAY ENERGY SYSTEMS
INNOVATIVE ways of powering trains are poised for mainstream use in the global transport industry. Today, the most common trains are still those powered by diesel engines, but there is a continuing shift towards electricity and alternative power sources.
“With rail expected to play an increasingly important role in future transport systems…there is a lot of focus on how it should be more energy efficient,” said Andrew Foulkes, a communications manager at Ricardo Rail, a UK-based railway engineering and consultancy firm.…
ŠKODA PLANS TO DOUBLE SALES IN CHINA WITH USD2 BILLION JOINT VENTURE INVESTMENT
Czech automobile manufacturer Škoda Auto, the subsidiary of Germany’s Volkswagen, plans to strengthen its position in the Chinese market, through a planned EUR2 billion investment over five years in the Shanghai-based SAIC Volkswagen Automotive Company Ltd.
The manufacturer is betting on the Chinese market in the future, Škoda China president Andreas Hafemann told wardsauto, saying the company wanted to double its China sales following the deal.…
NEW JOINT VENTURE COULD SEE LIGHTER GLASS FOR AUTOMOTIVE WINDOWS BECOME AVAILABLE THIS YEAR
Lighter-weight, tough and durable glass for automotive windows could be sold to auto-makers within the next 12 months, thanks to a joint venture between two international specialist materials companies. Saint-Gobain Sekurit (SBS), part of the France-based Saint-Gobain Group, and New York-state’s Corning Incorporated plan to develop, manufacture and sell lightweight automotive glass glazing solutions that offer “significantly improved lightness, toughness and optical quality over traditional solutions”, according to a joint communiqué.…
MOROCCO’S AUTOMOTIVE INDUSTRY EXPANDS QUICKLY AND SEEKS HIGH TECH INPUT
THE STABLE north African kingdom of Morocco is pushing ahead with plans to grow its automotive manufacturing industry, creating a lower-cost hub for supplying nearby wealthy European markets. Indeed, with the Strait of Gibraltar crossing between Morocco and Spain being just over eight miles wide, the Morocco government’s 2014-2020 industrial acceleration policy is clear – it wants to grow its auto sector fast.…
INDONESIA COATINGS SECTOR GROWS STRONGLY AS COUNTRY’S HOUSING, AUTOMOTIVE AND INFRASTRUCTURE SECTORS EXPAND
Rising affluence, together with growth across feeder industries are translating into solid results for the Indonesian coatings sector. The paints and varnishes market in the country generated sales of Indonesian Rupiah IDR24,733 billion (USD1.9 billion) in 2014 according to the latest data available from market researcher Euromonitor International.…
JAPANESE COMPANIES KEEP THEIR COUNSEL OVER BREXIT – BUT SOME COULD QUIT BRITAIN IF UK LEAVES THE EU
Almost certainly the vast majority of UK-based Japanese-owned businesses want Britain to stay in the European Union (EU) after the in-out EU membership referendum planned for June 23.
However, few companies have stated this publicly and no Japanese company has yet said it would move elsewhere if there was a vote to leave.…
BUILDING BOOM SAVES SOUTH KOREAN COATINGS SECTOR AS AUTO AND SHIP SECTORS SLUMP
Considering the ongoing doldrums within the global economy, 2015 was not a bad year for South Korea’s coatings manufacturers. The sector’s cautiously positive sentiment mainly survived because Korean coatings consumption has been boosted by a domestic construction boom that made up for lacklustre demand from the east Asian export powerhouse’s carmakers and shipbuilders.…
OECD SAYS AUTO MANUFACTURERS CAN PROFIT FROM FOLLOWING TOUGHER GREEN REGULATIONS
Automotive industry experts seem to agree – past concerns that tough environmental laws could force auto-manufacturing from a green jurisdiction to a country or region with laxer controls, no longer see to apply.
In doing so, industry specialists are backing the conclusions of a new report from the world’s largest think-tank, the Paris-based Organisation for Economic Co-operation & Development (OECD), which said following tighter environmental rules can be good business.…
POLITICIANS CLASH OVER HOW DEEP EUROPEAN PARLIAMENT DIESELGATE INQUIRY SHOULD PROBE
A European Parliament probe into the dieselgate scandal kicked off yesterday (March 2) with a row over how far the year-long probe should go in finger-pointing at the car industry. For the centre-right European People’s Party (EPP), the European Parliament’s largest political group, Latvian MEP Krišjānis Kariņš warned the new Committee of Inquiry into Emission Measurements in the Automotive Sector (EMIS): “The EPP will do its utmost to prevent this committee from becoming what could be termed as a witch hunt either against industry or against diesel technologies where Europe has a competitive advantage in the world.”…
PAKISTAN OFFERS IMPORT DUTY BREAKS TO LURE NEW FOREIGN AUTO MAKERS INTO ESTABLISHING NEW PLANTS
THE PAKISTAN government has unveiled a new five-year industrial plan aimed at growing the country’s automotive manufacturing sector. The government says it will waive import duties on materials and technology needed to establish new auto plants in Pakistan and also reduce import duties charged on auto parts once these factories are operational.…