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McLaren Automotive has launched its new £50m carbon fibre production facility in Yorkshire, UK. more

The German government has announced a €1bn investment to support local battery cell production, with the aim of reducing its auto industry’s reliance on cells from Asia. more

The European Geothermal Energy Council (EGEC) says it welcomes yesterday’s adoption by the European Parliament of the key files of the Clean Energy for All Europeans package, which covers new rules on renewables, energy efficiency and the governance more

Reports that eurozone growth has slumped to levels last seen more than four years ago have been blamed variously on ongoing US trade hostilities with China and Europe, Brexit uncertainty and political instability in countries such as Brazil. more

Germany’s Volkswagen is said to be developing a cheaper electric car which would sell for under €20,000 (or $23,000). If successful, this would thus undercut Tesla’s Model 3, its cheapest electric car, by almost $12,000. more

thyssenkrupp Elevator, a global player in urban mobility, has improved its offering of customised mobility solutions in Europe and Africa with the introduction of two new elevator families: 'synergy' and 'evolution'. more

According to BusinessEurope, escalating global trade tensions are a big risk for the EU’s economic growth, which could potentially shrink global GDP by almost 1% in 2020. more

UK’s Rolls-Royce has announced the signing of a Trent XWB engine and long-term TotalCare® service agreement with China Eastern Airlines, involving the airline’s 20 Airbus A350-900 fleet and worth over CNY10 billion (over US$1.4bn). more

According to preliminary data released by the Society of Motor Manufacturers and Traders (SMMT), new British car registrations fell by an annual 3% in October. more

Global mobility solutions provider thyssenkrupp Elevator has announced one of its biggest ever projects in the Middle East: a total mobility solutions package of 143 passenger boarding bridges (PBBs) and four elevators in the new Istanbul Grand Airpo more

Japan Air Commuter Co. Ltd (JAC) has now taken delivery of its first 70-seat ATR 72-600 after it converted one of its orders of an ATR 42-600 to the larger 72 version. more

UK auto manufacturer Jaguar Land Rover has opened its new manufacturing facility in Nitra, Slovakia, following an investment of €1.4 billion, marking further major investment in the emerging European markets. more

Unilever and Veolia have signed a collaboration agreement to work together on emerging technologies that will help create a circular economy on plastics across various regions of the world, starting in India and Indonesia. more

ABB has announced a major US$150 million investment in Shanghai, China to build the world’s most advanced, automated and flexible robotics factory - a cutting-edge centre where robots make robots. more

More than half of global wholesalers have witnessed manufacturers selling directly to end customers driving the disintermediation of the traditional supply chain model and increasing competitiveness between traditional partners more

According to Colliers International, around €4.4bn was poured into German industrial and logistics assets in the first three quarters of 2018, reflecting a yoy decrease of 29%. more

The technology group Wärtsilä, together with Templar Executives, its strategic partner in cybersecurity, has opened the world's first International Maritime Cyber Centre of Excellence (IMCCE) in Singapore. more

Royal Dutch Shell plc (Shell), through its affiliate Shell Overseas Holdings Limited, has agreed with publicly listed Norwegian Energy Company ASA (Noreco), to sell its shares in Shell Olie-og Gasudvinding Danmark B.V. (SOGU) for $1.9 billion. more

Balfour Beatty has been chosen by Urbanest to deliver the Vine Street development; a new £85 million mixed-use student accommodation scheme in the City of London. more

BMW will be taking majority control of its joint venture with Brilliance China Automotive Holdings for €3.6 billion. This is the first such move by a global automaker as Beijing starts to relax ownership rules for the Chinese auto market, and also co more


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