Post Tagged with: "Capital"

ATMA rubber plantation drive

ATMA rubber plantation drive

Automotive Tyre Manufacturers Association (ATMA) will undertake rubber plantation on about two lakh hectares in North East India with a total capital outlay of approximately Rs.1,100 crore. Said to be aimed at countering the plateauing of natural rubber production in the state of Kerala, the five year project was envisaged to commence in June 2021 with nearly 10,000 hectares plantation[Read More…]

by July 5, 2021 Newscast

Honda to highlight zero-emissions FCV Concept in the Nation’s Capital

Honda FCV Concept, offering a glimpse of the next-generation Honda fuel-cell vehicle, to anchor the Honda booth at the 2015 Washington Auto Show Next-generation Honda FCV intends to provide significant gains in packaging, interior space, cost reduction and real-world performance, including an anticipated driving range in excess of 300 miles Green Car Journal honors the 2015 CR-V and the 2015 Fit’s[Read More…]

by January 26, 2015 Newscast, OEM, Web Exclusive

Visteon Completes First and Largest Phase of Divestiture of Automotive Interiors Business to Affiliate of Cerberus Capital Management

Visteon Corporation has completed the first and largest phase of the sale of its remaining automotive interiors business to Reydel Automotive Holdings B.V., an affiliate of Cerberus Capital Management, L.P. Visteon on May 2 announced an agreement to divest the majority of its interiors business to Reydel Automotive, supporting Visteon’s focus on its core automotive cockpit electronics and thermal energy[Read More…]

Auto Component industry registers negative growth, falls by 2.1%

J Srikant   Trailing the revenue trajectory of the auto industry, the auto component industry too recorded its first revenue de-growth in over a decade, falling by 2.1% in the financial year 2013-14. Auto Component Manufacturers Association (ACMA) today reported that the component industry has recorded a revenue of Rs 2,11,700 crore in FY 2013-14 as compared to Rs 2,16,000[Read More…]

Visteon signs agreement to divest majority of Automotive Interiors Business to an affiliate of Cerberus Capital Management

Visteon signs agreement to divest majority of Automotive Interiors Business to an affiliate of Cerberus Capital Management

Visteon Corporation today announced an agreement to divest the majority of its global automotive interiors business to an affiliate of Cerberus Capital Management, L.P. The transaction, which is subject to regulatory reviews and other conditions, is expected to be completed by Dec. 31, 2014. Visteon also announced it has completed a previously announced agreement to sell its 50 percent ownership[Read More…]