Exhibition space at capacity Popularity of fringe programme continues among exhibitors and visitors Automechanika Shanghai 2014, Asia’s largest trade show for automotive parts, accessories, equipment and services, will open on 9 December at the Shanghai New International Expo Centre, with record exhibitor numbers. The total number of exhibitors stands at 4,906, a six percent increase on last year’s[Read More…]
Now that more than 80% of the shares have been tendered in the public tender offer process, KUKA AG is aiming at a complete takeover of Swisslog Holding AG. In case of holding more than 90% of the Swisslog shares on expiry of the tender offer, KUKA AG would merge with Swisslog and compensate the remaining shareholders in cash. After[Read More…]
Effective January 1, 2015, Ralph Lauxmann will take over as Head of Systems & Technology in the Chassis & Safety division headquarters in Frankfurt, at international automotive supplier Continental. In this role, he will report directly to Frank Jourdan, Head of the Chassis & Safety division and member of the Executive Board of Continental AG and functionally to Christian Senger,[Read More…]
KUKA AG was on 3 December informed by the technology group J. M. Voith GmbH & Co. Beteiligungen KG, Heidenheim an der Brenz (Germany), that Voith has acquired the KUKA shares from Grenzebach Maschinenbau GmbH. The voting rights held by Voith equal 25.1 percent; these voting rights are represented by shares (24.09 percent) and other financial instruments (1.01 percent). Now,[Read More…]
Michigan plant produces 25 million seat cushions in less than 5 years The average travel time to work in the United States is 25.4 minutes, according to the US Census Bureau. That’s an average of 50.8 minutes to make the round trip each day, which leads to about 4¼ hours each week. With motorists spending this kind of quality time[Read More…]
TRW Automotive Holdings Corp. is outlining at Airbag 2014 how a combination of advanced restraint systems can help to address the protection of rear seat occupants during frontal impacts. Dirk Schultz, director of Inflatable Restraints for TRW Occupant Safety Systems, said: “We conducted an analysis of the German In-Depth Accident Study database for information on injury patterns of rear-seated occupants[Read More…]
TRW Automotive Holdings Corp. is introducing a new version of its small pyrotechnic inflator with weight and size advantages at Airbag 2014. The SPI2 EVO will launch on TRW’s new lightweight roof rail airbag for micro- through mid-sized vehicles in Europe and China. Norbert Kagerer, vice president of Engineering, TRW Occupant Safety Systems, said: “The SPI2 EVO represents TRW’s evolution[Read More…]
Autoliv, Inc., the worldwide leader in automotive safety, will supply replacement airbag inflators to be used by Honda Motor Company in support of the ongoing field action initiatives in the United States. The agreement is made in order to meet the expanded supply of inflators needed by Honda and is subject to definitive documentation. In order to be able to[Read More…]
Mitsubishi Electric Corporation has announced on 4 December that its Indian subsidiary Mitsubishi Electric India Pvt. Ltd. will build a factory to produce electrical equipment for rolling stock, aiming to expand its transportation-systems business in the Indian market. Construction is planned to finish in September 2015, followed by the start of production in December that year. The factory, which is[Read More…]
SKF is merging its two Industrial business areas, Strategic Industries and Regional Sales and Service. The change will enable the benefits of the SKF asset life cycle to be applied to industrial customers in a more efficient manner, through a simplified organizational structure. It will also strengthen SKF’s focus on organic growth and profitability, supporting the Group’s financial targets.[Read More…]
