04.12.2006
DaimlerChrysler is enthusiastic about China
Looking to expand in the world`s fastest-growing vehicle market, DaimlerChrysler said it will pay $104 million for a 24% stake in Chinese truck manufacturer Beiqi Foton Motor Co. becoming its second largest shareholder.
04.12.2006
Belarusian company to open a plant in Azerbaijan
Gyandj automotive plant, Azerbaijan, and Minsk tractor plant (MTZ), Belarus, have signed a cooperation protocol. According to the document, in a short period, production of Belarusian tractors will be commenced in Gyanj.
01.12.2006
DAF Trucks is leading in standard race
DAF Trucks N.V. became the world`s first manufacturer of trucks compliant with new quality standard, ISO/TS 16949 mainly focused on continuous perfection and reduction of pollution of environment with waste gases.
30.11.2006
Mitsubishi Electric expands production
Mitsubishi Electric Corp. has increased its heavy-duty manufacturing capacity with a major investment in the expansion of its existing manufacturing facilities. This expansion will support continued growth of its North American heavy duty starter and alternator business.
29.11.2006
Bauma China displays record attendance
The Bauma China 2006 exhibition has been a major success, with records set for both attendance figures and exhibitor numbers. Despite poor weather, over 80,000 visitors flocked to the Shanghai-based show, an increase of 60% over the previous event.
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