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China's in Joint Venture with WV to Product Electric Cars
China's in Joint Venture with VW to Produce Electric Cars
Volkswagen's China CEO Jochem Heizmann had said during the Shanghai auto show last month that VW expects to sell around 400,000 new-energy vehicles in China in 2020.
Manufacturing to See Growth in 2017: ISM
Manufacturing to See Growth in 2017: ISM
Manufacturers this year expect a 5.2% increase in capital expenditures, a 1.3% rise in employment and a 4.4% rise in revenues, according to ISM survey.
Is the US Trade Deficit Destroying Jobs?
Is the US Trade Deficit Destroying Jobs? 12
"Trade deficits aren't economic indicators of cheap goods. Trade deficits are indicators of lost jobs," said Leo Gerard, international president of the United Steelworkers. "If you don't have a job, it doesn't matter how cheap the stuff is."
GM to Stop Sales in India by Year End
GM to Stop Sales in India by Year End
"We determined that the increased investment required for an extensive and flexible product portfolio would not deliver a leadership position or long-term profitability in the domestic market," saidGM International president Stefan Jacoby.
Volvo Says May Pull Brake on Diesel Engines
Volvo weighs high costs of developing new diesel engines due to stricter regulations.
Matthias Mueller, CEO, Volkswagen AG
Volkswagen CEO Faces First Probe Over 'Dieselgate'
Investigators opened the latest dossier in February, in response to charges leveled by German financial supervisor BaFin in summer 2016.
HP Enterprise Unveils Computer 'For Era of Big Data'
HP Enterprise Unveils Computer 'For Era of Big Data'
The new system is called "memory driven computing" and uses light waves to transmit data instead of electrical impulses traveling over silicon, bypassing what engineers say is an obstacle to boosting computing speeds.
Toyota Eyes 'Flying Car' Future
Toyota Eyes 'Flying Car' Future 1
Toyota is investing in the Cartivator project, which is developing the three-wheeled sci-fi car that relies on drone technology to take flight.
'Excess' Car Pollution Killed 38,000 in 2015: Study
'Excess' Diesel Truck and Car Emissions Killed 38,000 in 2015: Study 1
Researchers calculated that diesel NOx pollution will cause more than 183,000 premature deaths per year by 2040.
BMW Makes Veiled Jobs Warning, Urges Brexit Pragmatism
BMW Makes Veiled Jobs Warning, Urges Brexit Pragmatism
"We hope for pragmatism from all parties in the Brexit negotiations. That means no new barriers to trade. Free movement for skilled workers," BMW chief executive Harald Krueger told investors at the Munich firm's annual general meeting.
Microsoft to Build Artificial Intelligence into Every Product, Service it Offers
Microsoft to Build Artificial Intelligence into Every Product, Service it Offers
Devices like smart surveillance cameras, smartphones, or factory floor machines were referred to as "edge computing," with the coordination of cloud power and intelligent edge devices improving productivity and safety on the ground.
Shell Profit Up Sevenfold in Q1
Shell Profit Up Sevenfold in Q1
Energy producers across the world are reaping the benefits of higher oil prices, which have strongly increased their revenues and profits.
Bosch Sells Subsidiary to China's ZMJ
Bosch Sells Subsidiary to China's ZMJ
ZMJ is a major Chinese automotive supplier, making starters and generators as well as engine components for commercial vehicles and passenger cars.
Automakers See Promise in China Car-sharing
Automakers See Promise in China Car-sharing
After years of skyrocketing China sales, the global auto industry is contemplating slower growth as it convenes this week for the Shanghai Auto Show, putting alternative sales channels like car-sharing in focus.
BMW  Striking in  UK  Over Pension Dispute
BMW Striking in UK Over Pension Dispute
Mini and BMW engine production had stopped for the day as workers protested against the closure of its two final-salary pension schemes for around 5,000 employees in Britain.