2016 Busan Motor Show Gets 'Tuned' as a National Car Festival
May 23, 2016
2016 Busan International Motor Show is slated to open on June 2 (Thursday) for press day and runs until June 12 (Sunday) for 11 days at Bexco in Haewundae, Busan with this year’s theme of “Future Wave, Inspiring Technology”.
This year, the show will feature 25 domestic and foreign brands which is an increase of 14% compared to 2014, and the total square"...
South African taxi drivers protest against Uber
May 17, 2016
South African metered taxi drivers have again protested against Uber. This comes at the time time when the government launched regulations to legalize the reservation of taxis online.
The metered taxi drivers accused Uber of unfair competition because of the low rates they charge.
“Uber, obvious, it is operating illegally. You must operate straight, not illegally. If it is like this, always it’s robbing us, it’s killing our business, you know we own these cars, you can see we are using Mercedes"......
Zeus Industrial Products, Inc. (“Zeus”) Positions Itself for Growth in the Automotive and Aerospace Markets
May 12, 2016
Zeus Industrial Products (Ireland), Limited, a wholly-owned subsidiary of Zeus, announced today it has been awarded ISO/TS16949 certification as a manufacturer and supplier to the automotive industry. Based on the ISO 9001 standard, the TS16949 is a technical specification that emphasizes a quality management system to provide continuous improvement and safety while focusing on defect prevention. The certification is just one of many steps taken by the polymer extrusion manufacturer to position itself for growth. It also holds"...
CTS Engines Acquires 12 CF6-80 Engines
May 10, 2016
CTS Engines, the global leader for mature jet engine maintenance services, announced today that it had completed the acquisition through an affiliate of 12 CF6-80 engines from a major U.S. carrier. The acquired engines include nine CF6-80A and three CF6-80C2A5 models. Additional terms of the transaction were not disclosed.
“The acquisition of these engines, which are"...
Oshkosh Defense Showcases Highly Transportable JLTV at SOFEX
May 9, 2016
Oshkosh Defense, LLC, an Oshkosh Corporation (NYSE: OSK) company, will feature its Joint Light Tactical Vehicle (JLTV) at the Special Operations Forces Exhibition (SOFEX), taking place May 10-12 in Amman, Jordan. The Oshkosh JLTV is the next-generation light tactical wheeled vehicle with an unprecedented combination of protection, mobility, transportability, and net-ready systems integration that delivers the network capability of a mobile command center.
KQIC adds KNET payment mode for its personal insurances
May 8, 2016
KQIC Insured, a premier insurer in Kuwait yesterday announced the launch of a new electronic payment service for purchasing personal insurances online; customers can now log onto www.qic-insured.com, select the insurance cover and pay via KNET
Speaking on the launch of this added service, Mr. Hassan Al-Jaidah, CEO of KQIC stated, “As part of our ongoing improvements and adaptations to our customers’ expectations and market demands, we are pleased to introduce the option of paying for personal insurances online via KNET”
Germany to help Jordan, Tunisia buy armoured vehicles
May 7, 2016
BERLIN, May 6 (Reuters) - Germany plans to give Tunisia and Jordan funds to buy armoured vehicles to help defend their frontiers against Islamic State, Der Spiegel magazine reported on Friday.
Berlin will give Amman 25 million euros ($28 million) to buy "Marder" armoured personnel carriers, Spiegel said without giving sources. Tunisia would get a double-digit million sum.
CTN reports decline in passenger and vehicle traffic in 2015
May 4, 2016
According to the latest statistics on the activity of the Tunisian Navigation Company (CTN), a decrease was registered over the past year in terms of passengers and vehicles.
Indeed, the number of passengers reached 278,144 against 309,883 in 2014. This downward trend has also affected vehicles whose number is estimated at 112,633 against 126,210.