Toyota Motor Corp is undergoing a major restructure as it sets out to tackle an ‘era of profound transformation.’ According to Reuters, Toyota president, Akio Toyoda said the company was facing a ‘now or never’ moment which could determine whether auto companies would continue to play a leading role as carmakers. ‘Our coming structural change [...]

Symach is designing a cutting-edge 3,000sqm technical department in the 16,000sqft facility at Calderara di Reno, Bologna, Italy. It will be equipped with a complete TRUMPF machining line including a TruPunch 3000 Sheetmaster machine for cutting sheet metal and loading, unloading and selecting parts, as well as a TruBend Series 5000 bending machine. ‘TRUMPF is [...]

AkzoNobel says it has agreed a deal to buy Thai powder coatings specialist V.Powdertech. V.Powdertech employs 250 people and makes power coatings for appliances and furniture. AkzoNobel says the deal will be concluded in the coming weeks. Ruud Joosten, chief operating officer of paints and coatings, said, ‘This business is an excellent strategic fit. We [...]

Singapore has revealed plans to introduce driverless buses on its public roads by 2022 reports the BBC. The government said the vehicles will be piloted in three new neighbourhoods which will have less-crowded roads designed to accommodate the buses. The buses will be used to help residents travel in their communities, and to nearby train [...]

Nippon Paint Holdings Co Ltd has made an all-cash offer to acquire US coatings company Axalta Coating Systems Ltd, reports Reuters. Nippon Paint confirmed it has made ‘a proposal’ to Axalta but declined to give details, adding there is no assurance the two will reach any agreement. The move comes as talks between AkzoNobel and [...]