Stoneridge has opened a new technical center and sales office in the Xu Hui District of Shanghai, China, which allows the company to house all existing technical employees under one roof while enhancing the laboratories and support requirements necessary to develop applications specific to the local market.
Affinia Group has reported net sales of $455m for the fourth quarter of 2009, an increase of 10% compared to $413m for the same period in 2008.
Daimler Buses has won a contract to deliver a total of 239 buses to Sardinia by the end of July 2010. The orders were placed by four Sardinian public transit authorities including CTM Cagliari, ATP Nuoro, ASPO Olbia and ATP Sassari.
Nova bus has won an order of $10m for 24 LFS buses from City of Honolulu with options on additional vehicles. The buses will be assembled in the company's upstate New York plant and are expected to be delivered in late 2010.
Honda Siel Cars India (HSCI), manufacturer of premium cars in India, has launched its new version of sedan Accord 3.5L V6, which features enhanced exterior styling with an electric sunroof and additional luxury features.
Forwarding and logistics services provider Panalpina has reported net forwarding revenue of CHF1.57bn for the fourth quarter of 2009, a decrease of 27.3% compared to CHF2.16bn for the same period last year.
