Metso in rejig that (Auto parts) will see Ventures division dissolved

Metso in rejig that will see Ventures division dissolved
The division\'s president Vesa Kainu will retire on Feb 28, it added. Metso Ventures employs 2,000 people and consists of Metso Panelboard, specialist materials group Metso Powdermet, Metso\'s foundries and Valmet Automotive. It accounted for 7 pct of the group\'s sales in 2005, or 284 mln eur.

Defence Research & Development Canada Demonstrates Future Defence Technologies in Canada/US Experiment
Today, Defence Research and Development Canada (DRDC) and the US Army Tank Automotive Research, Development and Engineering Center (TARDEC), together with General Dynamics Canada, presented the latest research using a revolutionary combat systems simulator.

Techwell Expands Strategic Presence in Asia With New Office in China
To meet the increasing demand for its products, Techwell, Inc., a leading designer of mixed signal video semiconductor solutions for the security surveillance, automotive and consumer electronics markets, today announced the opening of its first sales and support office in China. Located in Shenzhen, near the center of China's fast growing technology base, the office is the latest addition to

Atlantis Holding Corp Signs LOI With GoFastParts.com for Exclusive Software License
Atlantis Holding Corp (Pink Sheets: AHDG) has signed a letter of intent for an exclusive license to use proprietary software and a database developed by GoFastParts.com for automotive aftermarket parts order processing. Management expects terms of the license agreement to be finalized in the near future.

Battery Technologies for Automotive Applications: Key Developments and Trends
The Technical Insights Group at Frost & Sullivan is pleased to announce its 2006 Quarterly Analyst Briefing Presentation on the Battery Technologies for Automotive Applications to be held on September 28, 2006 at 11:00 am EDT.

Paris Auto Show to preview 60 new models
Automakers displayed dozens of new models, but attention at the Paris Auto Show on Thursday was dominated by talks on the sidelines about possible new partnerships to combat the rising costs and increasingly fierce competition besetting the industry.