ABU DHABI, 2nd November, 2016 (WAM) — Abu Dhabi-based National Petroleum Construction Company, NPCC, has won a US$141 million (AED 520 million) contract from India’s Oil and Natural Gas Corporation Ltd, ONGC.
DUBAI, 2nd November, 2016 (WAM)–Dubai Electricity and Water Authority (DEWA) participated on Wednesday in the MEED Leaders in Energy Reform Summit, which attracted a number of prominent decision makers in the region.
As auto-sales growth has slowed this year in the U.S., the biggest gainers have been smaller luxury brands with new SUV offerings. Exhibit A: Jaguar, the elegant British line known traditionally for its sports cars and sedans.
U.S. auto sales, dragged down by declines at Ford, GM, Fiat Chrysler, Honda, Nissan and Toyota, fell in October for the third consecutive month. However, the month's selling rate was the strongest of 2016 so far.
Toyota and Mazda have discussed electric vehicles and connected cars as part of at least 10 potential areas for cooperation, the latest indication Japan's automakers will join forces to cope with technological trends shaking up their industry.
Tesla CEO Elon Musk took his skeptics to task, giving more detail on potential benefits of the automaker's pending SolarCity acquisition and saying the deal's doubters have a history of making bad predictions.
Martin Leach, a former Ford executive who led its European unit and also ran Maserati before taking a top position at electric carmaker NextEV, has died. He was 59.
Ford Motor Co.'s U.S. sales fell 12 percent in October, as every car and SUV in the Ford brand's lineup declined. It was the fourth consecutive year-over-year decline in Ford's monthly sales and its largest since August 2010.
Delphi Automotive reported a 27 percent decline in third-quarter net income as restructuring costs and debt refinancing offset revenue gains.