When you think of strongholds for the electronics industry, you might think of Asia. But you could be wrong. Over the past few decades, the electronics components industry has seen countless companies pursue production overseas in an effort to reduce costs.
Shanghai authorities ordered schoolchildren indoors and halted all construction Friday as China'...
Markin said there were reasons to believe that the pilot who sent the Boeing 737 into a near-...
The Fit sold 26,235 units, up 181.5 percent from a year earlier, with its hybrid model with a fuel economy of 36.4 kilometers per liter drawing robust demand, according to the Japan Automobile Dealers Association and the Japan Mini Vehicles Association.
Globalization has created both the opportunity and challenge of creating and balancing global, regional and local demand. The resulting demand volatility of that complex mix has pushed forecasting accuracy to its effective limits; and, therefore, is forcing greater execution agility to make up for planning’s shortcomings.
GM said Thursday that Chevrolet will no longer have a "mainstream presence" in Europe and said the decision was "largely due to a challenging business model and the difficult economic situation" on the continent. GM has continued to lose money in Europe even as its performance elsewhere improves.
Venucia is a leader in the latest twist in the world's biggest auto market: Chinese brands created by global automakers with local partners to sell foreign cachet at lower prices. The trend started with government pressure on global automakers to help create Chinese brands. But some are trying to turn that into a commercial advantage.
China has given Renault and a local partner approval to launch a $1.3 billion auto manufacturing joint venture, the French brand's first in the world's biggest vehicle market. Renault SA, maker of the Clio and Megane hatchbacks, is one of the last major auto brands without its own manufacturing in China.
A truck carrying an extremely dangerous radioactive substance has been stolen in central Mexico, the U.N. nuclear agency said Wednesday.The International Atomic Energy Agency said the truck was carrying cobalt-60, used for radiotherapy treatment to combat cancer.
Firefighters in central Poland say four maintenance workers have plunged to their deaths some 120 meters (400 feet) down a chimney that they were working on at a coal-fired power plant.Spokesman Waldemar Krakowiak said Wednesday that the four were standing on a platform that came loose inside a chimney at the Kozienice plant.
Emerging from a meeting with Chinese President Xi Jinping, U.S. Vice President Joe Biden said Wednesday that U.S.-China relations depend on trust and a positive notion of each other's motives. Neither leader made public mention of a major clash over disputed airspace that's pitted China against the U.S. and its Asian allies.
The U.S. trade deficit fell in October, helped by America's energy boom that lifted overall exports to an all-time high. The trade gap narrowed to $40.6 billion in October, the Commerce Department said Wednesday. That's 5.4 percent lower than the September gap of $43 billion, which was higher than initially estimated.
General Motors says it's in Japan for the long haul despite sales of Cadillac and Chevrolet models barely surpassing 1,000 vehicles a year. There has never been much appetite in Japan for left-hand drive gas guzzling U.S. autos, and there are many informal barriers to foreign automakers making it here.
The electric car maker said late Monday that German regulators notified the company that they were closing their investigation into post-crash fires in Washington, Tennessee and Mexico and would take no further action.
These conflict minerals — cassiterite, wolframite, coltan and gold — are mined in the DRC by various rebel groups and those who, generally speaking, do not bind themselves to any threshold of human rights. Because minerals mined in these countries go through a complex network of middlemen in the region and in East Asian processing plant, the exact source of a particular batch of gold can be difficult, if not impossible, to find.
Officials on the Industry Ministry's contaminated water panel also said that the Fukushima Dai-ichi plant could run out of storage for contaminated water within two years if current plans are not fully workable. A draft report, made available to reporters after the panel's experts and officials met, proposed covering the ground with asphalt to reduce rain inflow, building giant tanks and other steps.
Thirty-eight-year-old Syed "Farhan" Huda of Arlington entered the plea Monday in federal court in Alexandria on charges of importation fraud, selling misbranded drugs and distributing prescription drugs without a license.
Agnes Thibault-Lecuivre, spokeswoman for the Paris prosecutor, says that those ordered Monday to trial included John Leahy, the current Airbus chief operating officer, and Noel Forgeard, former EADS co-CEO. In a statement, EADS says it supported its managers, who it said were cleared in 2009 by France's market regulator in a separate inquiry.
In this inaugural episode of Automotive Insights, sponsored by Omni-ID, we're talking about the growing complexity within the American automotive landscape, from changes within the Big 3, to the revolution of battery-powered cars like the Tesla Model S, and the fact that an increasing amount of American-made cars are now emerging from the Southeastern states, like Tennessee, Alabama, Georgia and Mississippi.
A South Korean man was found dead Saturday at a jointly-run factory park in North Korea, officials said. The 55-year old worker from a South Korean company that manufactures leather products and mobile phone accessories was found dead earlier that day, South Korea's Unification Ministry told reporters at a briefing.
A fire early Sunday swept through an illegal, makeshift dormitory in a Chinese-run garment factory in Tuscany, killing seven, firefighters said. The blaze, which partially collapsed the factory's roof, broke out in a loft where 11 people were sleeping, said fire inspector Stefano Giannelli.
General Motor Corp. says Bob Socia, the president of GM China, will retire on Jan. 1. The company said Friday Matthew Tsien will replace Socia. Tsien, 53, is in charge of planning and program management for GM China and GM Consolidated International Operations and Strategic Alliances for China.
German steel company ThyssenKrupp has agreed to sell its U.S. steel plant business to two competitors for $1.55 billion. Following extended speculation over the deal, ArcelorMittal and Nippon Steel & Sumitomo Metal Corp. said Friday they will jointly acquire the ThyssenKrupp Steel USA.
The finance ministry said in a statement that officials will explore the possibility of joining the Trans-Pacific Partnership through the preliminary negotiations. The move is a first step and doesn't commit South Korea to becoming part of the agreement but the trade ministry has been talking up its benefits for the economy.
The Justice Department says a Japanese auto parts maker has agreed to pay a $120 million fine as part of a plea agreement to settle a pair of price fixing schemes. The plea agreement and indictment filed in Toledo, Ohio, were finalized Tuesday by the U.S. Department of Justice.
Finance Minister Pierre Moscovici said Wednesday that the pension for Philippe Varin was "inappropriate," especially in light of recent layoffs, the company's financial troubles and falling sales during Varin's four years as chief executive.
Beijing is waging a war against air pollution, one barbecue at a time. Authorities in the capital have destroyed more than 500 open-air barbecues "to cut PM2.5" — the tiny particulate matter in the air that can enter deep into the lungs.
Honda Motor Co. on Tuesday started the construction of its second auto assembly plant in Brazil that is scheduled to open in 2015. Honda invested about 1 billion real (about $437 million) for the Sao Paulo plant to meet growing demand in Brazil, the fourth largest auto market in the world.
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