Manufacturing
Porsche-Piech Families Buys...
A Qatar-based investment firm has sold back its ten percent share in Porsche SE to the Porsche and Piech families – the families that originally owned the company in its early years. Qatar Holding,...
Toyota Recalls Over 240,000...
After its disastrous 2009 recall due to accelerator control issues, Toyota faces a new challenge as it recalls over 240,000 Prius automobiles due to a flaw in the design of their braking systems. The...
AMD Scores $3 Billion Deal W...
Microsoft’s latest Xbox One gaming console has attracted both praise and scorn from gaming critics. The controversial console, which is aimed at providing a full-featured home media experience, won...
Ford Australia to Stop Local...
After over 85 years of localized production in Australia, Ford Australia is to end its domestic manufacturing activities. Citing poor income and the increasingly high cost of building its vehicles in...