Europe
FCA adding 1,500 jobs in Italy on success of new Fiat, Jeep models
“Extremely positive” results for sales of new Jeep Renegade, Fiat 500X will allow FCA to add 1,500 new jobs in Italy
GM boss Barra announces US$630M investment in Opel plants
Mary Barra said investment, new vehicle production “clear sign” of GM’s commitment to struggling European subsidiary
Enerkem to explore waste-to-chemicals plants in Europe
Montreal-based Enerkem signed deal with AkzoNobel to licence waste-to-biochemicals technology for use in Europe
Bombardier signs US$340M deal with European rail leasing firm
Railpool to take delivery of as many as 65 TRAXX locomotives from Bombardier Transportation
Economic recovery hampered by slack in developing nations
The OECD said that emerging market “are experiencing a marked loss of momentum.”
Putin’s Ukraine power play exposes fragile economic recovery
Canada-to-Russia exports have grown eight-fold in the past decade to $1.5 billion in 2011
Montreal firm wins deal to help decommission NATO base in Europe
PyroGenesis Canada deploying mobile plasma-based waste destruction systems at undisclosed base
Renault, Peugeot face stiff competition as they step up China efforts
French automakers are turning their focus to China in wake of sharp drop in auto demand in Europe
European automakers claw way out of slump, post gains in January
Carmakers’ association said car sales rose 5.5 per cent in January; fifth straight monthly increase
Carlyle Group selling Veyance Technologies unit for US$1.91B
German auto parts maker Continental AG plans to incorporate business into its Contitech unit
