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USA - GKN Driveline to Invest $179 million in North Carolina Facilities

GKN Driveline will invest nearly $179 million to expand manufacturing facilities in Alamance, Catawba, Lee and Person counties in North Carolina. The investment, which will occur over the next five years and create approximately 300 jobs, has been added to... Read more

Automotive › Trump threatens German carmakers with 35 percent U.S. import tariff

U.S President-elect Donald Trump warned German car companies he would impose a border tax of 35 percent on vehicles imported to the U.S. market, a plan that drew sharp rebukes from Berlin and hit the automakers' shares.   In an interview... Read more

Economy › China to cut 15 percent of energy consumption by 2020

Cutting energy consumption 15 percent by 2020 for every 10,000 yuan ($1,458) output in gross domestic product, compared to 2015 levels, is the goal of a work plan released on Thursday by the State Council, China's cabinet. The plan, signed... Read more

Automotive › US light vehicle market edges up to new record in 2016

The US light vehicle market reached a record 17.465m units in 2016, spurred on by a strong December in which daily sales were up by 6.8% over year-ago levels. Data released by Wards puts the 2016 market a slender 0.4%... Read more

Fair & Event › IV Heat Treatment Processes Seminar

The objective of the IV Heat Treatment Processes Seminar is to present for the Brazilian thermal processing market the processes and state of the art technologies in the area of heat treatment. The event is divided into modules presented by... Read more

Automotive › Ford cancels Mexico plant and invests more in US

Ford has said it will cancel plans for a new small car plant in Mexico and plans to massively expand investment in the US for electrified cars - a move that will create some 700 direct jobs in the US.... Read more

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