Halla Visteon Climate Control Corp. a full-line supplier of automotive thermal management solutions, has been honored by Fiat Chrysler Automobiles (FCA) Group in Asia Pacific with the 2013 Supplier of the Year award in the electrical export category. The award recognizes the supplier that demonstrates excellent export performance to FCA facilities outside of Asia. It was presented during the annual[Read More…]
Halla Visteon Climate Control Corp. (KS: 018880) celebrated the opening of its first manufacturing facility in South America. The new plant in Atibaia, in the state of São Paulo, Brazil, assembles heating, ventilation and air conditioning (HVAC) components for automakers in the region. A ceremony marking the start of production was attended by guests including local government officials, customers, suppliers,[Read More…]
Despite continuing slowdown in the auto industry, Halla Visteon Climate Systems India Limited (HVCSIL) is confident of growth and as supporting plans in place. The Managing Director of the company Amit Gupta, who is also the South Asia Operations Director spoke to T Murrali to share his views of the company’s strategy. Edited excerpts: Q: As the one responsible for HVCC South[Read More…]
Halla Visteon Climate Control Corp., has announced it has completed the acquisition of the automotive thermal and emissions product line of Cooper-Standard Automotive Inc., a subsidiary of Cooper-Standard Holdings Inc. (NYSE:CPS), in a cash transaction valued at $46 million, subject to price adjustment. The transaction was announced by both companies on June 30. “We are pleased to have completed this acquisition,[Read More…]
On June 25, Mando, an automotive parts manufacturer under Halla Group, signed a strategic cooperation agreement with GWM. Under the agreement, the two sides will work closely in fields such as steering system, suspension system and braking system. Present at the signing ceremony were both sides’ senior executives including Halla Chairman Chung Mong-won and GWM Chairman Wei Jianjun. According[Read More…]
YH Park, President and CEO of Halla Visteon Climate Control Corporation (HVCC) received a Bronze Tower Order of Industrial Service Merit at the annual Global Green Management Excellence Award event in Seoul. The event is jointly hosted by the Korean Ministry of Environment and the Ministry of Trade, Industry and Energy. The award is considered as the best in sustainable and[Read More…]
Halla Visteon Climate Control Corporation (HVCC) has agreed to purchase the automotive thermal and emissions product line of Cooper-Standard Automotive Inc., a subsidiary of Cooper-Standard Holdings Inc. in a move that will expand its thermal energy management product portfolio and further diversify its customer base. The cash transaction, valued at $46 million and subject to adjustment and certain regulatory and[Read More…]
Halla Visteon Climate Control (HVCC) has announced that the company has reached an agreement to acquire an ownership stake in Japan Climate Systems (JCS) Nanjing of 51 percent and become the majority shareholder. The cash transaction, valued at $6.4 million (6.5 billion Korean Won), is subject to adjustments and expected to be finished in the third quarter of 2014, after[Read More…]
