Atlas Copco will acquire FIAC, an Italian manufacturer of piston compressors and related equipment with a global sales network, for an undisclosed sum. The acquisition is subject to regulatory approval but is expected to be completed this spring. Based in Bologna with about 400 employees, FIAC offers a broad range of piston compressors, air treatment [...]

Renault took home three prizes from the 2016 International Automobile Festival awards in Paris. The French car company won the Most Beautiful Car of the year for its Renault Talisman saloon car. Laurens van den Acker, who is Renault’s senior vice-president for corporate design, was named winner of the FAI’s Design Grand Prix, while the company’s [...]

The European Union (EU) has proposed a series of tougher rules for vehicle emissions tests in the wake of the Volkswagen emissions scandal. Under its proposals, the EU wants emissions tests to be carried out by independent assessors without any financial connection to car manufacturers, and more stringent rules in the tests themselves. The Union is also [...]

Ford Motor Co has announced that it will withdraw from the Japanese and Indonesian markets by the end of the year. It says the nature of each market makes sales or make sustained profits difficult, pointing to the fact that it sold just 6,100 units in Indonesia last year and only 5,000 in Japan. Ford [...]

The European Commission (EC) has fined Mitsubishi Electric and Hitachi €137.79 million for rigging the prices of car alternators and starters. Denso was also involved in the operation, but they were not penalised after they informed the EC of price rigging in the sector. All companies involved acknowledged their involvement. An investigation by the Commission found that between [...]