German automaker Volkswagen will invest EUR22.8 billion (US$26.9 billion) in its main car brand over the next five years. Most of that sum, around EUR14 billion, will be spent in Germany, Volkswagen said, adding that one of the key measures…
Volkswagen taps Brazil growth; releases Virtus model
Volkswagen launched its new Virtus model on Thursday to tap Brazil’s highest-volume segment. The launch is part of a recovery plan that analysts said will help it regain ground on rivals General Motors and Fiat in South America’s largest car…
Toyota considering selling locally developed EVs in China
Toyota Motor is considering selling its locally designed and manufactured all-electric vehicle models in China, as it looks to expand its EV lineup and comply with Beijing’s upcoming new-energy vehicle (NEV) production and sales quotas. China has set strict quotas…
Lanxess lifts up 2017 profit guidance following strong demand for specialty chemicals
Germany’s Lanxess lifted the lower end of its earnings guidance range for 2017 after strong demand for specialty chemicals such as construction pigments and leather chemicals outweighed a weaker pesticide ingredients business. Lanxess – which makes synthetic rubber, engineering plastics…
Rubbermaid introduces Rubbermaid Brilliance Lunch containers
Rubbermaid once again sets the new standard in food storage by introducing Rubbermaid Brilliance Lunch, compact and customizable containers designed for ready-to-go meals and snacks. The crystal clear containers are 100% leak-proof guaranteed, and are designed to keep food as…
D3O impact protection company expands global footprint with new operating base in USA
D3O, the U.K.-based impact protection company, has opened a new operating base in Blacksburg, Va., as part of the company’s expansion in North America. Located within the Virginia Tech Corporate Research Center (VTCRC), a research park for high-technology companies, the new D3O…
Anco unveils new line of rubber-made wipers
Federal-Mogul Motorparts’ Anco brand has released a new series of conventional wiper blades for light vehicles. Known collectively as Anco’s 97-Series wipers, these premium blades offer complete conventional coverage across 97 % of vehicles in operation (VIO) in North America, in a…
Toyoda Gosei to partner with EBM Corporation to develop e-rubber surgical training simulators
Specialty manufacturer of rubber Toyoda Gosei Co. Ltd has inked an agreement with EBM Corporation, a medical device startup company started at Waseda University in Japan, to work together for the development and widespread adoption of surgical training simulators using…
China October vehicle sales up 2 % year-on-year
China’s vehicles sales rose in October for the fifth consecutive month, an industry body said on Friday, underscoring continued growth momentum in the world’s largest auto market after a slower start to the year. Overall sales totalled 2.70 million vehicles…
BMW loses appeal against US$158 million fine for blocking shipments to Switzerland
Car manufacturer BMW has lost an appeal in Switzerland against a 157 million franc (US$158 million) fine imposed after it banned Swiss customers from buying its cars elsewhere in Europe and bringing them home. The fine was originally imposed in…







