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British motor firms argue to stay in EU
- January 29, 2016
- Posted by: Simon Wait
- Category: Industry News
A number of British automotive firms have declared remaining in the European Union (EU) is important to their businesses. The high-profile referendum on Britain’s membership of the EU is potentially set to take place later in 2016. A series of case studies was published by The Society of Motor Manufacturers and Traders (SMMT) today from British automotive firms [...] -
Toyota to buy out Daihatsu
- January 29, 2016
- Posted by: Simon Wait
- Category: Industry News
Toyota has confirmed a deal to purchase Daihatsu Motors, which will now become a subsidiary operation. Cars will still be sold under the Daihatsu brand, but it will now be wholly owned by Toyota. The deal will be facilitated by a share exchange estimated by Reuters to be around $3 billion, and is expected to take [...] -
Digital demands growing in Malaysia
- January 29, 2016
- Posted by: Alan Feldberg
- Category: Industry News
Online demand for auto parts and accessories among Malaysian vehicle owners is set to continue increasing over the next few years. This is according to a survey conducted by a top e-commerce platform provider, Aseanbriefing.com. It found that Malaysia is one of the top automobile producers in the Asia Pacific region, with an annual production [...] -
PPG scoops FCA award
- January 29, 2016
- Posted by: Alan Feldberg
- Category: Industry News
PPG has seen off competition from about 1,000 suppliers to be named Sustainability Supplier of the Year by the Fiat Chrysler Automobiles (FCA) Group for its Europe, Middle East and Africa (EMEA) region. PPG was presented with the annual award in Turin, Italy Jean-Marie Greindl, president, PPG EMEA and PPG vice president, automotive coatings, EMEA, [...] -
Atlas confirms FIAC acquisition
- January 29, 2016
- Posted by: Alan Feldberg
- Category: Industry News
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 [...]