All posts by : MOPartAdmin

GM, VW best positioned in emerging markets, study says

General Motors Co. and Volkswagen AG are best positioned in the largest and fastest-growing emerging markets at a time when auto sales in those countries could grow more than 40 percent ... Read More

GM to invest $246 million in electric motors

General Motors announced plans on January 26 to design and manufacture electric motors, saying the first were scheduled to debut in 2013 in a next generation, rear wheel drive hybrid vehicle. ... Read More

Germany’s Merck buying Millipore for $7.2 B

German pharmaceutical company Merck KGaA will buy U.S. biotech equipment maker Millipore Corp. in a deal valued at $7.2 billion including debt, according to media reports Sunday. Speculation about an acquisition ... Read More

Germany proposes 15% cut in solar subsides

The German government is proposing a cut of 15% on the subsidies it gives solar-power providers, Environment Minister Norbert Roettgen said Wednesday, reflecting what the government deems the sector’s success, but ... Read More

Gerdau to buy rest of Ameristeel for $1.7 billion

Brazilian steelmaker Gerdau offered to pay up to $1.7 billion to take full ownership of its North American unit, looking to reduce borrowing costs and increase efficiency. Gerdau on Wednesday bid ... Read More

GE, Intel form health-care joint venture

General Electric Co. and Intel Corp. announced plans to create a health-care joint venture focused on chronic disease and age-related conditions. The corporate giants entered into a health-care alliance in April ... Read More

General Dynamics Land Systems wins contract for weapons station

Sterling Heights-based General Dynamics Land Systems announced it has been awarded a $92 million contract to supply mounted weapon stations to the U.S. Army Tacom Life Cycle Management Command in Warren. ... Read More

GE to speed up electric car chargers

General Electric Co. said Tuesday that it has developed an electric vehicle charger that will reduce the amount of time it takes to replenish depleted batteries. The GE WattStation will be ... Read More

GE orders 100 jets from Boeing, Airbus

General Electric’s aircraft leasing unit announced at the Farnborough airshow on July 19 that it has placed an order for 100 planes from Boeing and Airbus. GE Capital Aviation Services (GECAS) ... Read More

Gallagher North America moves headquarters to Kansas City

Gallagher North America Inc. has moved its U.S. headquarters from Sanford, Fla., to North Kansas City. The company, formerly Gallagher Security Management Systems, said in a release late Monday that the ... Read More