The Renault-Nissan Alliance posted record synergies of €2.87 billion (US$3.9B) in 2013, up from €2.69 billion (US$3.7 billion) in the previous year. Purchasing, powertrain and vehicle engineering remained the biggest contributors as the Alliance geared up for the launch of its first Common Module Family (CMF) vehicles.
Category Archives: General Talk
Google Still Subject To Wiretapping Lawsuits says US Supreme Court
The Supreme Court upheld a federal appeals court ruling challenged by Google that protects information on home Wi-Fi networks, leaving the tech giant open to lawsuits for some of its data collection practices.
ExxonMobil to invest $1B in Antwerp refinery to convert heavy, higher sulfur residual oil into diesel, other products
ExxonMobil affiliate Esso Belgium, a division of ExxonMobil Petroleum & Chemical B.V.B.A., plans to invest more than $1 billion to install a new delayed coker unit at its Antwerp refinery to convert heavy, higher sulfur residual oils into transportation fuels products such as marine gasoil and diesel fuel.
China to replace US as diesel generator set market leader by 2020
China is set to overtake the US as the global diesel generator set (genset) market leader, increasing its share from 26% in 2013 to 33% by 2020, according to a new report from research and consulting firm GlobalData.
VW Passat goes upscale in europe
Volkswagen is steering the mid-sized Passat upscale in Europe, aiming to lift the model clear of a struggling market for mid-priced cars without alienating its core family customers.
The Passat, which has racked up over 22 million sales globally since its 1973 launch will be unveiled in its latest form in Berlin on Thursday. The new car is expected to hit European showrooms in November.
