News

Hartmut Schick, Head of Daimler Buses, at at the annual press-conference at the Mercedes-Benz Museum, Stuttgart

Diamler Bus returns to profitability in 2013

Daimler Buses has completed business year 2013 as planned and returned to profitability. The Daimler AG division recorded operating profit of €124 million after posting an operating loss of €221 million in the previous year. Sales rose by five percent to 33,700 units (2012: 32,100), and revenues increased by four percent to €4.1 billion (2012: €3.9 billion). The company is[Read More…]

by March 12, 2014 News, OEM, Web Exclusive
S.-Winkelmann-and-the-new-Huracán-LP-610

Automobili Lamborghini sets turnover record at Euro 508 million

Automobili Lamborghini S.p.A. improved its key financial figures in the fiscal 2013 and marked another successful step in its brand history of more than 50 years. With worldwide deliveries to customers increasing from 2,083 to 2,121 units, the Italian super sports car manufacturer improved its sales for the third consecutive year. These sales figures are outperforming the market trends in[Read More…]

by March 12, 2014 News, OEM, Web Exclusive
CH Han, Sr. ED, Marketing and Sales, HMIL (left) and Rakesh Srivastava, Sr. VP, Marketing and Sales, HMIL

Hyundai launches Xcent at Rs 4.66 lakh

Hyundai finally entered the highly competitive sub-four-meter compact sedan segment with its Xcent, its 10th offering in Indian car market. The car has been aggressively priced at Rs 4.66 lakh ex-showroom Delhi for its base petrol variant and topping at Rs 7.38 lakh for top-end diesel version. The car will pose direct challenge to Honda Amaze and Maruti Suzuki Swift[Read More…]

by March 12, 2014 News, OEM, Web Exclusive

Volkswagen Pune plant ‘Think Blue’ strengthens environment commitment

Volkswagen’s ‘Think Blue,’ a holistic approach to vehicle production focuses on creating environmental friendly products and solutions, contributing to a sustainable future. Volkswagen Group has over 25 models in India produced from two plants – Pune and Aurangabad. The Pune plant has a manufacturing capacity of 150,000 cars per year, currently manufacturing the Polo, Vento and ŠKODA Rapid. Mahesh Kodumudi,[Read More…]

by March 12, 2014 News, OEM, Web Exclusive
Srinivasan Dwarakanath, CEO, Airbus India

Airbus reinforces its presence in India

Airbus is grouping its activities in India through the creation of a fully owned subsidiary called Airbus India to manage the company’s significant Indian footprint spread across several sites. The new Airbus India organisation will have customer facing centres in Delhi and Mumbai. Building on the success of the Airbus Engineering Centre India (AECI) in Bangalore, Airbus India will also[Read More…]

by March 11, 2014 News, Web Exclusive

ACMA Takes a Ten-member CEO Delegation to China

To open up new export avenues in the People Republic of China, Auto Component Manufacturers Association of India (ACMA), the apex body representing the interest of Indian Auto Component Industry has taken a ten-member CEOs’ delegation to China from March 10th to 13th, 2014. ”ACMA has undertaken several such business development initiatives for the Indian auto components industry in China;[Read More…]

by March 11, 2014 News, Web Exclusive

Volvo Cars honours Halla Visteon Climate Control

Halla Visteon Climate Control Corporation, a full-line automotive supplier of climate systems and components, has been honored by Volvo Cars with a Quality Excellence Award (VQE Award). Representatives of three European plants of Halla Visteon Climate Control received the awards during a recent ceremony in the Volvo hall in Gothenburg, Sweden.   “We are honored to receive the VQE certification[Read More…]

by March 10, 2014 Globescan, News, Web Exclusive
SMA6xy sensor platform simplifies the release approval process by giving sensors a common housing design whatever the application.

Bosch’s new acceleration sensors speeds up airbag system development

Bosch’s latest generation of acceleration sensors makes developing airbag systems easier. With versions for use in the airbag control unit and versions for peripheral use in the vehicle’s front, sides, and rear, the SMA6xy sensor platform simplifies the release approval process by giving sensors a common housing design whatever the application. All the sensors in the new SMA6xy product family[Read More…]

by March 10, 2014 Globescan, News, Web Exclusive
The
SMI7xy sensor platform is designed specifically for use in active
and passive safety systems and in driver assistance systems.

New generation inertial sensors from Bosch

Bosch has launched a new generation of inertial sensors. The SMI7xy sensor platform is designed specifically for use in active and passive safety systems and in driver assistance systems. These new sensors are robust and take up little room, as they are supplied in a compact BGA housing that measures just 7x7x1.5 mm3. The SMI7xy platform comprises four types of[Read More…]

by March 10, 2014 Globescan, News, Web Exclusive
Nabada Johari customer from Silchar, Richard Tobin - CEO, CNH Industrial, Derek Neilson -Chief Manufacturing Officer, CNH Industrial and Stefano Pampalone - Chief Operating Officer, APAC, CNH Industrial

CASE launches backhoe loader 851 EX

CASE Construction Equipment, a brand of CNH Industrial, announced the launch of the new 96 horsepower 851 EX Backhoe Loader. Richard Tobin, CEO of CNH Industrial, initiated production at a ceremony in the CASE India plant in Pithampur, Madhya Pradesh, where it was designed and manufactured. Tobin said, “India and the Asia Pacific Region are key markets for CNH Industrial,[Read More…]

by March 7, 2014 News, OEM, Web Exclusive