Ford Motor Company to invest Rs 1300 crore to setup a new Global Technology and Business Centre in Chennai that will serve as a hub for product development, mobility solutions and business services for India and other markets around the world. The 28-acre capus will house 3000 highly skilled employees over the next 5 years. Ford Executive Chairman Bill Ford[Read More…]
Wabco is working with manufacturers in India to introduce advanced driver assistance systems and its latest air disc brakes. Its vision is to bring to India the most advanced technologies that it has been developing for Europe. “We work upon a more cost-effective version that could be rapidly offered in India and continue our drive to provide cost-effective, quality products[Read More…]
Ather Energy, the smart electric two-wheeler start-up, today announced a fresh round of funding of Rs 180 crores from Hero MotoCorp for 26-30% stake. The funding marks the third round of investments in Ather Energy, which is building the S340 – India’s first smart, electric scooter. Previous rounds of investments in the company were by Tiger Global; and Sachin and[Read More…]
The automotive supplier Brose manufactured the 5 millionth front seat structure since the start of production in 2012 for a joint project between Daimler and BMW. By 2026 the mechatronics specialist will produce around 32 million structures. The premium manufacturers use these in various models such as the Mercedes C-Class and E-Class or the BMW 7 Series and 5 Series.[Read More…]
Text : Bhargav TS TM Seating Systems, a 50:50 joint venture between Tata AutoComp Systems and Magna Seating, is focused on designing solutions for the commercial vehicles. The JV, headquartered in Pune, will supply seating systems to customers in India. The product portfolio covers seating system for LCVs, trucks and buses, including coach seats, intercity and city bus seats. The[Read More…]
Text: Anusha B Pinnacle Industries, a leading automotive seating and interior systems manufacturing company, plans to raise its annual turnover to Rs 500 crore from the present Rs 200 crore. The company has a capacity to produce 10,00,000 seats annually at its plants at Pithampur, near Indore, Madhya Pradesh and in Pune, Maharashtra. About 90% of its products go to[Read More…]
Text: Bhargav TS The Hosur-based Harita Seating Systems Ltd (HSSL), a TVS group company, is developing mechanical and pneumatic suspended seats for truck and tractor drivers. The improvement of automotive seating system, particularly for the driver, has been a priority interest since many years as professional drivers spend most of their time there and feel more fatigue than passengers. Seating[Read More…]
Text: Bhargav TS The Canadian auto component maker Magna International Inc, is now working with the OEMs in India to introduce a new core front structure family that will provide a flexible, light-weight seat structure which is also adaptable, scalable, and modular across platforms. Increased seat content is currently driving the market for new seating technologies. That include: Seat Adjustability,[Read More…]
Text : Bhushan Mhapralkar Automotive seating systems have come a long way from the first car. They have become a crucial part of comfort, safety and ergonomic capability. The seating systems, spanning across automotives, from two-wheeler to a giant dump truck, have the participation of global giants like Lear Corporation, Faurecia, IFB Automotive, Magna, IAV, Dura Automotive, Aktis Engineering Solutions,[Read More…]
Text: Anusha B The Germany-based Freudenberg Group offers its customers technically challenging product solutions and services. The company supplies seals, vibration control technology components, filters, nonwovens, release agents and lubricants to almost all car manufacturers in the world. It is adding customers from other industries, such as mechanical and plant engineering, energy, chemistry, oil and gas or medical and pharmaceutical.[Read More…]
