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Renault and Nissan are planning a new vehicle production facility for Morocco that will have an eventual capacity of 400,000 units a year.
A memorandum of understanding has been signed for the creation of a new industrial complex in the Tangier region of North Morocco. An initial capacity of 200,000 from 2010 is planned.
OmniVision Technologies, Inc., a leading independent supplier of CMOS CameraChip(TM) image sensors for high-volume applications, today unveiled near infrared (NIR) capability, an important proprietary enhancement, to its portfolio of single-chip automotive CMOS image sensors.
Toyota Motor plans to sell around 10.4m vehicles worldwide in 2009, as demand increases in North America, China and other emerging economies, a Japanese business newspaper said on Wednesday.
GE Plastics has purchased the remaining shares of its 50:50 joint venture with Bayer MaterialScience, advanced glazing systems company Exatec. The deal will be completed subject to the approval of antitrust authorities. Financial details of the transaction have not been divulged.
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