• Vestas Wind lead European shares higher July 1, 2014 Shares in Danish wind turbine manufacturer Vestas Wind Systems surged 5.4 percent after the firm said it has won two big U.S. turbine orders. European shares inched higher on Monday in the last session of the quarter, as investors bet that a raft of U.S. and European macroeconomic data this week will soothe worries over the ... Read more
  • Alstom accepts 10 billion euro GE bid for its energy unit April 30, 2014 The board of Alstom accepted General Electric’s 10 billion euro ($13.82 billion) bid for its energy unit on Tuesday, several sources familiar with the situation. Sources said GE is not in exclusive talks with Alstom. The French transport-to-turbines group is also set to receive an offer from its much larger German competitor Siemens, which said it had ... Read more
  • Ford debuts medium-duty trucks built without Cummins, Navistar March 4, 2014 Ford Motor Co debuted new versions of two medium-duty commercial trucks on Tuesday at a trade show in Indianapolis, vehicles that – for the first time in years – will be built without the help of Navistar International Corp, Cummins Inc or Allison Transmission Holdings Inc. The 2016 F-650 and F-750 trucks, which will go on ... Read more
  • Offshore wind builders to cut more projects in world’s top market January 8, 2014 Britain has built the world’s biggest offshore wind energy market but there are signs it may have reached a tipping point as companies cancel and sell off projects in the face of steep costs. RWE and Scottish Power have both scrapped or scaled back huge offshore wind farm projects in the last two months citing the ... Read more
  • AUTOMOTIVE INDUSTRY IN MEXICO – a Key Sector November 11, 2013 Mexico’s automotive industry is mature, dynamic and in continuous growth. In 2011, Mexico’s Automotive industry showed clear signs of recovery; light vehicle production reached a new historical record with 2.55 million vehicles. At a global level, Mexico ranked as eighth producer of light vehicles. In two years, Mexico climbed two positions, surpassing French and Spanish production. Currently, ... Read more