By the slimmest of margins, California's remarkable winning streak for sales of new cars, trucks and SUVs has finally come to an end, falling just short of reaching six years of sustained growth.
The latest membership estimates for Amazon.com's Amazon Prime service show that the e-retailer's bid to consolidate consumer spending onto one platform has now attracted almost one in six Americans, according to independent research by Cowen & Co. In addition to signing up some 50 million Amazon Prime customers, the company expanded into car sales last week, teaming up with Fiat to sell cars in Italy.
Automated material handling market is growing with a CAGR of around 8 percent - attributed to increasing demand for the automated solution from various applications like manufacturing, automotive and electrical, according to a new report by Occams Business Research & Consulting.
More than a quarter of all goods traded between the UK and Europe, worth around £91.4bn ($113.82bn) a year, come through the Channel Tunnel, a report has found. In its report, "Economic Footprint of the Channel Tunnel Fixed Link," Ernst & Young found that 30 percent of UK exports, worth £43.6bn ($54.3bn), and 22 percent of imports, worth £47.8bn ($59.53bn), to and from the EU depend on the tunnel.
A tire-industry working group led by Chinese rubber manufacturing equipment company Mesnac is striving to standardize the way in which the industry uses radio frequency identification tags. This includes how those tags are attached in tires, as well as how they are tested and encoded with data.
The movie "Back to the Future" showed us cars hovering in air in an idea of what 2015 would look like. Now in 2016, we see our cars still bound to the earth. However, when the movie was made, in 1985, most of the materials in modern vehicles didn't exist.
An $8bn acquisition may turn Samsung into a major supplier to the automotive industry. The South Korean smartphone manufacturer has entered into a definitive agreement with Harman International Industries, a market-leading maker of connected-car components, to buy the firm for $112 per share in cash.
America's retailers are reeling following months of weak sales, and while they began limping back in September as malls prepare for the crucial holiday rush, a new worry is setting in. Donald Trump.
Business secretary Greg Clark has said the UK government will approach Brexit negotiations with the aim of achieving tariff-free access to EU markets for the automotive industry. This was among the assurances he gave to Nissan before the automaker announced the next Qashqai and X-Trail models would be built in Sunderland, the UK's biggest car plant, Clark said.