Magna, the third-largest automotive parts supplier in the world, is focused on delivering game-changing innovations that lead to market gains for its customers; innovations that meet changing consumer needs and the ongoing challenges of the global automotive industry. One product area that Magna is a pioneer in is electronics, specifically camera-based technology. As the automobile continues to evolve and new[Read More…]
As part of its continued plan to expand its global engineering and manufacturing footprint, the Canadian auto components major Magna International Inc. has announced the establishment of two new facilities in the Sanand in Gujarat. While the new plants reflect business awards for vehicle programs built off global-platforms, they also help position Magna for further growth in India as vehicle production expands.[Read More…]
Organization Committed to Extending its Technology Leadership A123 Systems LLC, a developer and manufacturer of advanced lithium-ion batteries and systems, has announced on 19 August that Dr. Patrick Hurley has joined the company as its new Chief Technology Officer. Dr. Hurley has also assumed leadership responsibility for A123 Venture Technologies, which is the company’s research and development unit focused on[Read More…]
Text: J Srikant With the aim of servicing both local and international clients better, Continental Automotive Brake Systems (India) Private Limited, a subsidiary of the international automotive supplier Continental, recently moved its Hydraulic Brake Systems (HBS) manufacturing to a new plant in Gurgaon. The fullfledged plant also has an R&D centre, making it an end-to-end solution for Continental. Spread across an area of 7,000 sq m, the new plant has an[Read More…]
Ambitious emissions standards are boosting business worldwide for Bosch Emission Systems GmbH & Co. KG (BESG). Regulations such as Tier 4 final emission limits and Euro 6 are driving demand for exhaust-gas treatment systems for trucks, diggers, and other mobile machinery. “When it comes to commercial vehicles, the global market for these systems will double by 2020,” predicts Dr. Markus[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…]
Bhargav TS After introducing India’s first two-seater moped – TVS 50, the TVS Motor Company has constantly developed new products both in motorbikes and scooters. After splitting up with Suzuki in 2001, TVS developed its first commuter bike, the Victor, which was a grand success for the company. To taste more success in the commuter segment, TVS brought in[Read More…]
T Murrali With rising competition coupled with ever increasing operating cost the challenge for any component manufacturer to stay afloat is to contain the cost of manufacturing. This is gaining significance since these issues directly hit the bottom line and may even pave the way for organisations to exit the business. However, options to contain variable costs are falling due[Read More…]
Cooper-Standard Holdings Inc., the parent company of Cooper-Standard Automotive Inc. (“Cooper Standard”), demonstrated its commitment to global expansion in the Asia Pacific region during the grand opening event for its new Asia Pacific Technical Centre in Shanghai, China. The Company’s Asia Pacific headquarters will also relocate from Kunshan, China to the new Shanghai facility. The new Asia Pacific Technical Centre and headquarters covers 762 square meters with 55 employees who support the entire[Read More…]
