Japan's Mitsubishi Motors Corp (7211.T) said it has bought the site of a former auto plant in the Philippines from Ford Motor Co (F.N), beefing up production as it targets a near-50 percent sales boost in fast-growing Southeast Asia markets.Mitsubishi Motors, the second-biggest automaker in the Philippines by sales volume after Toyota Motor Corp (7203.T), said on M

Hong Kong, 21 February, 2013 -- Johnson Electric today announced a new disconnect relay product, designed for the American smart meter market.  Launched under the Ledex brand, this relay provides very low contact resistance with accurate and reliable switching.

 General Motors said Tuesday it ds not plan to increase its CEOs pay in 2013, contradicting sources claiming it did.

Annual compensation for top executives at GM requires approval from the Treasury Department as a condition of its TARP taxpayer bailouts in 2008 and 2009, which totaled $49.5 billion.

Tokyo, October 11, 2012 - Mitsubishi Electric Corporation (TOKYO: 6503) announced today that its new subsidiary in Dalian, China, Ryoden Koki Engineering (Dalian) Co., Ltd., from October has begun providing procurement, repair and sales of service parts (maintenance and consumable parts) for Mitsubishi Electric's industrial automation machinery pro

Hong Kong, 3 January, 2013  -- Johnson Electric today announced an addition to its growing range of haptic actuator product for touch screen displays and surfaces.  Haptic feedback gives a user confirmation, through tactile sensations, that a selection has been made in any type of control system.  Launched under the Ledex-HA brand, the HA300 haptic