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Netherlands Government takes control of Nexperia through Goods Availability Act

Netherlands Government takes control of Nexperia through Goods Availability Act On October 10, the Government of the Netherlands announced that the Dutch Minister of Economic Affairs invoked the Goods Availability Act (Wet beschikbaarheid goederen) due to serious governance shortcomings at semiconductor manufacturer Nexperia on September 30, 2025. Based on the order, company decisions may be blocked or reversed by the Minister of Economic Affai...

News Updated at: 2025/10/15

VinFast delivers limited-edition Lac Hong 900 LX fleet for Vietnam’s 80th National Day

The interiors are crafted with Golden Nanmu wood, Nappa leather, and real gold details. The Bulletproof edition, certified to VPAM VR7, one of the world’s highest safety standards for head-of-state vehicles, was developed with Canada’s INKAS Armored Vehicle Manufacturing. Tested at Germany’s Beschussamt Ulm center, it withstood gunfire and explosive blasts. It can also be equipped with specialized systems such as oxygen supply, fire suppre...

News Updated at: 2025/09/01

CIE Automotive sells its forging business in Germany to Mutares

CIE Automotive sells its forging business in Germany to Mutares CIE Automotive S.A. announced the disposal of its forging business in Germany, selling it to Mutares SE & Co. KGaA with the aim of redirecting financial and management resources to higher return activities. 100% stake in (i) Schoeneweiss & Co. GmbH, (ii) Gesenkschmiede Schneider Gesellschaft mit beschränkter Haftung, (iii) Falkenroth Umformtechnik GmbH, and (iv) Jeco-Jellinghaus Ges...

News Updated at: 2023/08/11

KOSTAL Automobil Elektrik gets funding for innovative research projects

KOSTAL Automobil Elektrik gets funding for innovative research projects KOSTAL Automobil Elektrik GmbH & Co. KG (KAE), a subsidiary of Kostal, announced that its over 10 research projects, submitted under the Research Grants Act (FZulG), have received funding through BSFZ seal, which is awarded by the Certifying Authority for Research Grants (Bescheinigungsstelle Forschungszulage, BSFZ). KAE's funded projects cover a broad spectrum of advanced te...

News Updated at: 2023/06/27