Post Tagged with: "strategy"

Covestro extends CEO Dr. Markus Steilemann’s contract until 2028 ahead of schedule.

Covestro extends CEO Dr. Markus Steilemann’s contract until 2028 ahead of schedule.

Dr. Markus Steilemann will remain Chief Executive Officer of Covestro for a further five years. The Supervisory Board has extended his contract, which runs until May 2023, until May 31, 2028. Steilemann has been a member of the Covestro Board of Management since September 2015 and its Chief Executive Officer since June 2018. “Markus Steilemann has provided Covestro with outstanding[Read More…]

by June 15, 2022 Newscast
Hella India embarks on electronics localisation strategy

Hella India embarks on electronics localisation strategy

Hella India Automotive Pvt. Ltd, the wholly owned Indian subsidiary of German automotive parts supplier Hella, has announced the expansion of its production facility in Dhankot with the start of production of its Body Control Module (BCM) and Remote Keyless Entry (RKE) systems for the Indian market.   Global automotive parts supplier, Hella, has expanded its Dhankot facility in Haryana,[Read More…]

Capacity expansion highlights growth strategy of Dürr Assembly Products GmbH

Capacity expansion highlights growth strategy of Dürr Assembly Products GmbH

Dürr opens two new halls at the Püttlingen site (Saarland)  Aside from numerous carmakers, more and more customers from the commercial vehicle industry are relying on the measuring and test stands offered by Dürr Assembly Products GmbH. To meet the demand for these exceptionally large and heavy systems, the Püttlingen-based company has now expanded its production facilities. On October 7,[Read More…]

Long term growth remains intact

Long term growth remains intact

Automotive systems major Continental has been aggressive in Asia with special focus on China and India. The company’s Indian arm is gearing up to support the OEMs emerging requirements by developing and adapting technologies to local needs. Claude dGama Rose, Managing Director of Continental Automotive Components India, spoke to T Murrali recently on the company’s plans. Edited excerpts:   Q:[Read More…]

by July 28, 2014 Upfront