Despite registering a 2.3% year-on-year fall in sales, General Motors and its Chinese partners have sold a record number of small-engine cars in China. In 2016, General Motors and its joint venture partners have sold 3.87 million vehicles in China,… Read More ›
The value of the deal is expected to touch $10.1 billion. Bloombers has reported citing sources with direct knowledge of the matter at hand, SpiceJet Ltd, an Indian budget airlines, is expected to place an order for at least 92… Read More ›
The French state has a 33% stake in STX France. Last year, STX France delivered the largest passenger ship ever built – the ‘Harmony of the Seas’. A spokesman for South Korea’s court has reported that the court had given… Read More ›
The alternative to Lockheed Martin’s F-35 fighter aircraft is Boeing’s F-18, an older generation aircraft which lacks the distinctive stealth capabilities of the F-35. Marillyn Hewson, Lockheed Martin’s CEO has told U.S. President-elect, Donald Trump, that she is committed to… Read More ›
Federal cuts in the expansive U.S. defence industry is likely to affect many U.S. factory jobs. The U.S. Defence industry has come, yet again, under intense attack with U.S. President-elect Donald Trump coming down hard on Lockheed Martin Corp for… Read More ›
Delphi Automotive and Israel-based Mobileye will be using Intel’s System-on-a-Chip (SOC) solution for their joint production of a self-driving vehicle. Intel’s chips will also be at the heart of BMW’s autonomous vehicles. In a development that is likely to be… Read More ›
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