News

Daimler Trucks announces top management changes in its Asian operations

Daimler Trucks announces top management changes in its Asian operations

  Mitsubishi Fuso Truck and Bus Corporation (MFTBC) and Daimler India Commercial Vehicles Pvt. Ltd. (DICV), today reported important personnel changes in their Board of Management, which will be effective June 01, 2014. These changes have been decided by the Board of Management, Daimler AG, but as a formality are still subject to the approval by the Shareholders’ meeting and[Read More…]

BorgWarner completes acquisition of Gustav Wahlet GmbH

BorgWarner completes acquisition of Gustav Wahlet GmbH

Global powertrain supplier BorgWarner finalised its acquisition of Gustav Wahler GmbH & Co. KG. The company will maintain the Wahler name as a product brand in the aftermarket. A producer of exhaust gas recirculation (EGR) valves and tubes as well as engine thermostats for both on- and off-road applications, Wahler’s customers include leading automotive manufacturers from around the world. “The[Read More…]

by April 2, 2014 Globescan, News, Web Exclusive
Continental enters CV radial tyre segment

Continental enters CV radial tyre segment

By J Srikant Continental, the fourth largest tyre manufacturer globally, today entered the fast growing radial tyre segment for the commercial vehicle in India by launching 4 tyres. It also announced that it would start distribution of radials for passenger car by the end of year 2014. “It was a strategic move in 2011 to come to India, and we[Read More…]

DSK Hyosung launches ‘The Big Boy’ GT250 R in a new avatar

DSK Hyosung launches ‘The Big Boy’ GT250 R in a new avatar

DSK Hyosung today launched its best selling bike in a new look the – New GT250 R. The new bike comes with advanced futuristic styling, sporty graphics and aggressive design elements like stylish new headlamps among others. It comes in three colour options of red titanium, white titanium and black titanium each of which will be available in three tone[Read More…]

by April 1, 2014 News, OEM, Web Exclusive
Autolite receives Certificate of Excellence

Autolite receives Certificate of Excellence

Autolite (India) Limited, a Jaipur based Automotive lighting Company has been awarded Certificate of Excellence at the fifth Annual Inc. India 500 as one of the fastest growing mid-sized companies in India in the year 2013. The award was conferred by Vinod Rai, former Comptroller & Auditor General (CAG) to Adarsh Mahipal Gupta, Director of the Company on March 22,[Read More…]

by April 1, 2014 News, Web Exclusive
Daimler and Evonik restructure lithium-ion activities

Daimler and Evonik restructure lithium-ion activities

Daimler AG and Evonik Industries AG are restructuring their activities in the field of electric mobility in Kamenz and Kirchheim/Teck, and are thus reflecting the changed market conditions. Daimler will acquire all of the shares held by Evonik in Li-Tec Battery GmbH (50.1 percent) and in Deutsche ACCUmotive GmbH & Co. KG (10 percent). This will make Daimler the sole[Read More…]

by April 1, 2014 Globescan, News, OEM, Web Exclusive
Iglidur bids adieu to India, continues its trip around the world

Iglidur bids adieu to India, continues its trip around the world

Igus celebrated the beginning of a adventurous world wide tour to mark the 30th anniversary of its ‘iglidur’ polymer bearings and the 50th anniversary of the company as a whole. Igus GmbH sent out a small, retrofitted car on a round-the-world trip with its first stop in “Incredible India”. Igus presented the car fitted with 56 Igus polymer bearing components[Read More…]

ACMA concludes its third MSME summit on ‘Managing Volatility’

ACMA concludes its third MSME summit on ‘Managing Volatility’

The apex body of the auto component Industry, Automotive Component Manufacturers Association (ACMA), recently concluded the third MSME (Micro, Small and Medium Enterprises) summit which focused primarily on ‘Managing Volatility.’ Inaugurated by Ajay Shankar, Member Secretary, National Manufacturing Competitiveness Council (NMCC) with N K Maini, Deputy Managing Director, SIDBI the Guest of Honour and Sudam Maitra, Chief Operating Officer (supply[Read More…]

by March 30, 2014 Events, Focus, MSME, News, Web Exclusive
Next generation of growth in India is going to come from innovation: Samir Yajnik

Next generation of growth in India is going to come from innovation: Samir Yajnik

           Tata Technologies has evolved a strategy for APAC as the growth during the past few years have been buoyant. Going forward the company is looking at having a mix of both organic and inorganic growth from this region. Samir Yajnik, President- Sales and COO-Asia Pacific, Tata Technologies, talks to J Srikant on the company’s plans[Read More…]

ZF plans 200 new Jobs in Pilsen

ZF plans 200 new Jobs in Pilsen

About 200 new jobs will be provided at the Czech ZF development location in Pilsen by 2017. The increasing number of development projects from corporate headquarters and the divisions have required to expand capacities. The technology company has now started construction works for a seven-story office building. ZF took over the location in Pilsen from an independent engineering service provider[Read More…]