The manufacturing industry is important for producers of raw materials as well as the consumer goods market. The manufacturing industry is especially sensitive to currency fluctuations and import / export regulations.
Car makers and tech giants are collaborating to connect future vehicles to the internet. The latest designs are on show at the Mobile World Congress in Spain, but there are already concerns about security. Al Jazeera’s Charlie Angela reports from Barcelona. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find … Read more Auto makers gear up to bring internet on the road
Driverless cars are not yet street legal, but several manufacturers rolled out their versions of a self-propelled future at the North American International Auto Show in Detroit. Manufacturers believe self-driving cars are just a few years away from hitting the roads. Al Jazeera’s John Hendren reports from Motor City. – Subscribe to our channel: http://aje.io/AJSubscribe … Read more Self-driving cars on display at US auto show
Volkswagen has agreed a draft settlement with US authorities over the emissions scandal, which will see it pleading guilty to criminal charges and paying fines $4.3 billion. The agreement now must be approved by VW’s supervisory and management board. Subscribe to France 24 now : http://f24.my/youtubeEN FRANCE 24 live news stream: all the latest news … Read more Volkswagen close to $4.3bn US settlement over emissions scandal
US President-elect Donald Trump has the auto industry in an uproar, suggesting a possible 35% border tax against cars built in Mexico and sold in the US. Meanwhile Fiat Chrysler announces it will spend $1 billion on existing Michigan and Ohio plants, a move it says was not linked to Trump’s policies at all. Subscribe … Read more Fiat Chrysler to invest $1 billion in two US plants
Bacardi’s CEO and President, Ed Shirley, has announced his plans to return to retirement. Until an interim appointment is made, the executive will report to Facundo L. Bacardi, the chairman of Bacardi Limited and a fifth-generation member of the Bacardi family. Under Mr Shirley, new campaigns were launched for Bacardí rum, Dewar’s Blended Scotch whisky, … Read more Bacardi CEO Ed Shirley Announces Retirement
The performance coatings company, PPG Industries (NYSE:PPG) has declared a quarterly dividend of 61 cents per share for shareholders of record as of 21st February 2014. The dividend will be payable on 12th March 2014. The announcement marks the company’s 462nd consecutive dividend payment. PPG has paid uninterrupted annual dividends since 1899. PPG supplies coatings, … Read more PPG Industries Declares Quarterly Dividend of 61 Cents Per Share
Until recently, “3D printing” was a little-known term. Today, it is a household name and an accepted technology entering its next major development phase. Right now, we can see 3D printing (additive manufacturing solutions) for production is taking off and we believe will fundamentally change manufacturing. 3D printing’s success doesn’t lie in replacing traditional manufacturing, … Read more 3D Printing Will be Part of Your Future – David Reis, Stratasys
Australia’s first hybrid engine plant was opened on 6th December 2012 by Julia Gillard. The Prime Minister said during the opening: …This new modular facility with its state of the art technologies and highly skilled workforce is an example for the kind of innovation driving modern manufacturing in our nation. Toyota will be producing both … Read more Julia Gillard Opens First Hybrid Engine Plant in Australia
Bentley sales in the UK have recovered to pre-recession levels with global sales by 37% to 7003 deliveries to customers. In December 2011, Bentley sold 1059 cars, which was the best sales month since the recession began and is the second highest ever sales record. 2021 cars were sold in the USA, 1839 were sold … Read more Bentley Sales Back to Pre-Recession Levels
Toyota and British Gas have announced a sustainable energy generation initiative at Toyota’s Burnaston car plant in Derbyshire, UK. The solar panel system comprises 17,000 solar panels capable of generating enough electricity to manufacture 7,000 cars a year. Toyota say that the panels, which cost over £10 million ($16 million, €11.2 million) and cover 90,000 … Read more Toyota and British Gas Link Up for Solar Energy Generation Project
China sent shockwaves through the high technology world last year when it blocked exports of rare earth metals for two months. The resulting shortage has seen prices soar and made major companies nervous. Rare earth metals are an essential part of many high-tech products including phones, missiles and batteries. China produces 30% of the world’s … Read more Japanese Motor Industry Focusing on New Battery Development
Ferrari have announced record breaking sales and revenue for the first six months of 2011. Net profits were up 23.5 per cent on the previous year at €91.8 million (£81.5 million, $130 million) with industrial cash flow of €650 million (£578 million, $924 million). Total sales of Ferrari cars rose 11.8 per cent with 3,577 … Read more Ferrari Achieve Record-Breaking Sales in 2011
Caterham Cars will now be able to sell their legendary Seven in China for the first time after signing a deal with importer (CTI). CTI will be appointing six retailers in key provinces of China in the next twelve months and aims to sell between 30 and 50 Seven models in the first full year … Read more Caterham to Enter Chinese market
The importance of the Russian market to car manufacturers has been underlined following Renault’s announcement that they are to make it one of their international priority markets. Renault have already seen significant Russian sales in the first half of 2011 with 6% market share, with only Lada and Chevrolet taking a greater share. Russia is … Read more Strong Car Sales in Russia Lead to Significant Investment by Manufacturers
McLaren opened its first two showrooms in Germany on 20th July 2011 with the Düsseldorf and Hamburg outlets both opening in time for the 2011 Formula 1 German Grand Prix which will take place at the Nürburgring this weekend. A total of four German dealers have been appointed by McLaren to offer sales and service … Read more McLaren Open New Showrooms in Düsseldorf and Hamburg
