Post Tagged with: "interest"

Visteon Confirms Discussions with Hahn & Co. Regarding Potential Sale of Ownership Interest in HVCC

Visteon Corporation confirmed it is currently engaged in discussions with Hahn & Company regarding a potential sale of Visteon’s ownership interest in Halla Visteon Climate Control Corp. (HVCC) to the Korea-based private equity company. There can be no assurance that these discussions will result in any transaction or on what terms any such transaction may occur. Visteon undertakes no obligation[Read More…]

Auto Component industry bottoming out

Text: J Srikant Industry will return to 4-6% growth after falling by 2.1% in FY2014 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) reported that the component industry has recorded a revenue of[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…]