Amsted Seals and Forming adds state-of-the-art manufacturing facility in China

“With 128,000 square feet and future capacity of 96 presses, the acquisition of ASN is part of the ongoing commitment of Amsted Seals and Forming to produce and deliver the highest quality seals in the world,” said Michael Carter, President of Amsted Seals and Forming.  Amsted Seals and Forming is committed to long-term investment in… Continue reading Amsted Seals and Forming adds state-of-the-art manufacturing facility in China

Emissions and supply of fluorinated greenhouse gases in Europe

Key messages Fluorinated greenhouse gases reported under the United Nations Framework Convention on Climate Change accounted for approximately 3 % of overall greenhouse gas emissions, expressed in tonnes CO2 equivalent, in the EU in 2017. There was a 3 % decline in fluorinated greenhouse emissions in the EU in 2015, the first time a decline had been observed… Continue reading Emissions and supply of fluorinated greenhouse gases in Europe

The EU Emissions Trading System in 2019: trends and projections

The European Union (EU) Emissions Trading System (ETS) governs about 40 % of total EU greenhouse gas emissions. It sets a cap on emissions from industrial activities (e.g. power and heat production, cement production, iron and steel production and oil refining), as well as aviation. Based on the latest available data, this briefing provides an… Continue reading The EU Emissions Trading System in 2019: trends and projections

Factbox: GM strike sends ripples across auto parts suppliers

(Reuters) – Several auto parts makers and suppliers have lowered their full-year forecasts and disclosed hits to quarterly earnings from the 40-day strike at No.1 U.S. carmaker General Motors (GM.N). FILE PHOTO: A union strike sign is stuck in the fence outside the General Motors Flint Truck Assembly in Flint, Michigan, U.S., October 9, 2019.… Continue reading Factbox: GM strike sends ripples across auto parts suppliers

Nidec and GAC Components Complete Establishment of Joint Venture for Automotive Traction Motors

KYOTO, Japan, Nov. 01, 2019 (GLOBE NEWSWIRE) — As announced on August 1, 2019, Nidec Corporation (TSE: 6594; OTC US: NJDCY) (“Nidec”) and GAC Components Co., Ltd. have completed establishment of the joint venture that develops, manufactures and sells automotive traction motors. Profile of the joint venture is as follows.1.        Profile of the Joint Venture:*The… Continue reading Nidec and GAC Components Complete Establishment of Joint Venture for Automotive Traction Motors

Mitsubishi Motors Reports October 2019 Sales

MMNA has now surpassed 100,000 sales for three straight years and is on pace for a seventh consecutive year of annual sales growth. 2019 remains Mitsubishi’s best calendar year-to-date sales since 2007. October sales of Mirage, the most fuel-efficient non-hybrid vehicle sold in America2, were up 23.4% year-over-year, and year-to-date sales are up 10.8%, continuing… Continue reading Mitsubishi Motors Reports October 2019 Sales

UPDATE 1-White House will look ‘very carefully’ at Peugeot, Fiat Chrysler deal – Kudlow

FILE PHOTO: Logos of Peugeot and Fiat are seen in this illustration picture taken October 31, 2019. REUTERS/Regis Duvignau/Illustration WASHINGTON (Reuters) – U.S. President Donald Trump’s administration will look very closely at the planned merger between Fiat Chrysler (FCAU.N) and Peugeot owner PSA (PEUP.PA), White House economic adviser Larry Kudlow said on Friday. The deal,… Continue reading UPDATE 1-White House will look ‘very carefully’ at Peugeot, Fiat Chrysler deal – Kudlow

Toyota Motor North America Reports October 2019 Sales

PLANO, Texas, Nov. 1, 2019 /PRNewswire/ — Toyota Motor North America (TMNA) today reported October 2019 sales of 188,787 vehicles, a decrease of 1.2 percent on a volume basis and down 4.9 percent on a daily selling rate (DSR) basis versus October 2018. Toyota division posted October sales of 165,644 units, down 1.6 percent on… Continue reading Toyota Motor North America Reports October 2019 Sales

DENSO Reinforces Commitment to Sustainable Mobility in Company Direction Update

KARIYA, Japan, Nov. 1, 2019 /PRNewswire/ — DENSO, the world’s second largest mobility supplier, today announced its second quarter (July-September) financial results for its fiscal year 2019, as well as updates in its business strategy to create and inspire new value for the future of mobility. As part of this strategy, or its ‘Second Founding,’ DENSO continues… Continue reading DENSO Reinforces Commitment to Sustainable Mobility in Company Direction Update

New FCA Manufacturing Site in Detroit Represents Company’s Commitment to Sustainable Operations

AUBURN HILLS, Mich., Nov. 1, 2019 /PRNewswire/ — Facility will have lowest emissions rate of any auto assembly plant in the United States Company to voluntarily conduct additional air monitoring and public reporting Environmental responsibility initiatives extend beyond FCA and into the neighborhood The future home of two electrified Jeep® vehicles will also be home to… Continue reading New FCA Manufacturing Site in Detroit Represents Company’s Commitment to Sustainable Operations