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Read MoreHonda commissions fourth assembly line in Karnataka
Shinji Aoyama, chief officer, regional operations (Asia & Oceania), Honda Motor Company on Wednesday said Honda could overtake former partner Hero to become the largest two-wheeler maker in India by 2020. Aoyama said, “2020 could be a possible year for us to become number one.” Honda Motorcycle & Scooter India (HMSI) on Wednesday commissioned the…
Read MoreBMW’s new Z4 convertible is being developed alongside new Toyota Supra.
The new BMW Z4 has been officially teased for the first time, with a single, shadowy image of the new sports car, plus a promised unveiling next month. The new Audi TT and Mercedes SLC rival will make its debut on 17 August. While that rules out a Frankfurt Motor Show reveal, it matches up…
Read MoreOil prices rise as investors focus on U.S. data
Oil futures climbed toward the $50 level on Thursday, driven higher by a bullish outlook following weekly U.S. inventory data, but market participants expected the commodity to trade in a narrow range ahead of a OPEC meeting next week. On the New York Mercantile Exchange, light, sweet crude futures for delivery in September CLU7, -0.67%…
Read MoreBRIDGE CONSTRUCTION: Massive scaffolding installed at new Long Beach bridge in California
The 3.1 million-lb scaffolding system is contributing to the replacement of the 50-year-old Gerald Desmond Bridge Construction crews lifted a massive 3.1 million-lb piece of scaffolding on Tuesday in Long Beach, Calif., as part of the construction of a bridge connecting Long Beach to Terminal Island. Workers in hard hats looked to the sky as a…
Read MoreMan or machine?
Vehicle-makers are introducing more wearable equipment to alleviate stresses and strains, giving assembly workers a somewhat cyborg look. AMS reports on the latest innovations being rolled out by Audi and BMW As the robots used in automotive manufacturing become more human, able to work collaboratively and intelligently, in one sense human operatives are becoming more…
Read MoreTransocean posts a loss amid string of impairments
Swiss drilling contractor Transocean has posted a half year loss in revenues, due to a number of “unfavorable items” bringing down the accounts. Revenues for up to June 2017 amounted to £1.1billion down compared to the £1.6billion made in the same period last year. The company made a loss of £1.2billion compared to a pre-tax…
Read MoreRenovated Detroit News building boasts snappy design
Since Bedrock Real Estate purchased The Detroit News building in 2014, the company has gutted the structure and created a modern workspace with custom-designed furniture by local craftsmen Who isn’t interested in seeing what the new owners do to your house after the sale? A visit last week to the old Detroit News building on…
Read MoreU.S. electric bike market up
Electric bike market advisers eCycleElectric have concluded that the U.S. market for pedal assisted bikes could have grown year-on-year by as much as 70% in 2016. The consultancy run by Patrick and Ed Benjamin has crunched the numbers and believes that the U.S. imported a minimum of 196,000 and likely as many as 251,000 units…
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