On the occasion of the production of the first new Mercedes-Benz M-Class customer vehicle at the Mercedes-Benz Tuscaloosa plant (Mercedes-Benz U.S. International – MBUSI), Daimler AG announced significant investments for its North American passenger cars plant. A total amount of more than 2 billion US dollars is being invested for the production of the new [...]
General Motors announced more than $30 million of investment in its Pontiac Stamping Plant earmarked for tooling and equipment to enhance the plant’s manufacturing capabilities. “GM continues to invest in our manufacturing operations to ensure we have the technology and equipment we need to build whatever our vehicle designers develop,” said Gerald Johnson, GM manufacturing [...]
AOL announced that it has entered into a definitive agreement to acquire The Huffington Post, the influential and rapidly growing news, analysis, and lifestyle website founded in 2005, which now counts nearly 25 million unique monthly visitors. The transaction will create a premier global, national, local, and hyper-local content group for the digital age – [...]
German Venture Capital Funds have generated comparable or better returns than their US counterparts, as new data presented by three of Germany’s largest venture capital firms Earlybird, Target Partners and Wellington Partners shows. The three VC firms analysed today’s most recent data provided by the “Private Equity Analyzer online database” that is hosted by the [...]