Allied Business

GKN ramps up new fuel saving hybrid bus technology

GKN ramps up new fuel saving hybrid bus technology

GKN Land Systems is ramping up production of a new hybrid technology for buses that will enable operators to save fuel, reduce fares and make some routes more viable. Demand for the company’s Gyrodrive electric flywheel hybrid is growing following successful trials in London and the start of UK production. GKN Land Systems CEO Phil Swash said: “Gyrodrive is the[Read More…]

BASF Automotive Refinish launches new SmartCOLOR Online color retrieval tool

BASF Automotive Refinish has launched its new SmartCOLOR Online tool, which will provide collision repair centers and distributors with speedy access to its online color retrieval system . The tool, which allows access from computers and mobile devices such as smartphones and tablets, provides information on all of the latest color formulations in BASF’s global color database.  “ The advantage of the SmartCOLOR Online tool is[Read More…]

DURR with high order intake

Spurred by sustained strong demand in the automotive industry, Dürr’s order intake rose by 7.3% to € 1.9 billion in the first nine months of 2014. With a 30.3% gain over the previous year in the third quarter orders retained the high momentum which they had shown in the second quarter of 2014. Order intake for all of 2014 is[Read More…]

Automechanika Shanghai to offer another exceptional year with insightful concurrent events

Automechanika Shanghai to offer another exceptional year with insightful concurrent events

Parts & Components, Repair & Maintenance and Accessories & Tuning highlight the 2014 concurrent programme’s themes With all available exhibition space now officially booked, Automechanika Shanghai is concentrating its efforts on once again providing an outstanding year in its range of concurrent events. Scheduled to take place from 9 – 12 December at the Shanghai New International Expo Centre, the[Read More…]

Sonax Innovations at the SEMA Show

Sonax Innovations at the SEMA Show

At the SEMA Show 2014, North Hall booth #12469, the team of German car care specialists once again brings exciting product innovations to the US and Canada. The fascinating innovations are perfect additions to the extensive range of powerful car care products that exceeds the highest demands of car owners throughout the world. Drivers around the globe will know the[Read More…]

Goodyear reports record results

Record third quarter segment operating income of $520 million, up 21%  Record North America third quarter earnings up 30% to $210 million  Europe, Middle East and Africa third quarter earnings up 57% to $181 million  Year-to-date segment operating income of $1.4 billion, up 17%  Company expects 2014 earnings growth near high end of 10% – 15% range  Company reaffirms 2014-2016[Read More…]

Eaton reports record operating earnings per share of $1.29, Up 15 percent

Power management company Eaton Corporation plc has announced that operating earnings per share, which exclude charges of $0.03 per share to integrate recent acquisitions, were a record $1.29 for the third quarter of 2014, up 15 percent over the third quarter of 2013. Sales in the third quarter of 2014 were $5.7 billion, 2 percent above the same period in[Read More…]

SKF meets powerful performance demands for wheel bearings in SUVs

SKF is supplying Daimler with wheel hub bearing units, for front and rear wheels, to their new small SUV Mercedes-Benz GLA. Tryggve Sthen, President, SKF Automotive says, “We have been delivering solutions to Daimler for many years now. It is always great to see new vehicle models, equipped with solutions from SKF. This latest crossover is an appealing model for[Read More…]

ESP mandatory in the EU from November 1, 2014: Bosch invention saves thousands upon thousands of lives

ESP mandatory in the EU from November 1, 2014: Bosch invention saves thousands upon thousands of lives

  Effective November 1, 2014, ESP will be mandatory for all newly registered passenger cars and light commercial vehicles Since its introduction, ESP has prevented 190,000 accidents and saved more than 6,000 lives across Europe Bosch has manufactured 100 million ESP systems since series production began in 1995 While 84 percent of all new vehicles in Europe were equipped with[Read More…]

Mitsubishi Electric announces difference between earnings forecast and actual results

Mitsubishi Electric Corporation announced on 30 October the difference between its consolidated earnings forecast previously announced on July 30, 2014 and the actual results for the first half of the current fiscal year, from April 1, 2014 ended September 30, 2014. The company has also revised its consolidated earnings forecast for fiscal 2015, from April 1, 2014 ending March 31,[Read More…]