Articles by: Online Editor - ACI

Delphi signs Definitive Agreement to acquire Antaya Technologies

Delphi Automotive PLC has signed a definitive agreement to acquire Antaya Technologies Corp. (“Antaya”), a leading provider of proprietary on-glass connectors, enhancing the company’s portfolio in the rapidly growing automotive electrical connectors business. Antaya is the largest manufacturer of on-glass connectors for the automotive glass industry in North America, with a growing customer base in China and Europe. Antaya also supplies lead-free[Read More…]

by September 23, 2014 International, Newscast, Web Exclusive

Bosch India Ltd workers on Strike

Bosch Ltd has informed Bombay Stock Exchange that the employee union of Bosch Bangalore plant has chosen to go on strike with effect from September 16, 2014 in order to press for their unreasonable demands. Strike will be considered as illegal. The Management is in discussion with the Union to restore normalcy at the earliest with the intervention of the Additional[Read More…]

by September 17, 2014 Newscast, Web Exclusive

Valvoline Cummins inaugurates Laboratories for R&D and Product Development along with Training Center

Valvoline Cummins Ltd. (VCL), a joint venture between Ashland Inc. and Cummins India Limited, today announced the opening of its new laboratories for R&D and Product Development along with a world-class training facility, at its Ambernath plant, close to Mumbai. All the three facilities were formally inaugurated by Dr. Frances E. Lockwood, Senior Vice-President and Global Chief Technology Officer, Ashland[Read More…]

by September 14, 2014 Allied Business, Newscast, Web Exclusive

Plugged-in to the future

Electric vehicle and advanced battery specialists, engineers and executives will be gathering next week at The Battery Show / Electric & Hybrid Vehicle Technology Expo and Conference in Novi, Michigan to discuss solutions to meet the evolving demands of their cutting-edge industry. This year’s bumper show boasts 20% more exhibitors, double the floor space, upwards of 20% more registrations than[Read More…]

by September 14, 2014 International, Trending, Web Exclusive
ACMA Annual Convention shows the way to leverage Global Opportunity

ACMA Annual Convention shows the way to leverage Global Opportunity

  Releasing the joint ACMA-McKinsey study titled ‘Capturing the global opportunity – The next imperative for the Indian auto component industry’ by Anant Geete, Union Minister for Heavy Industries & Public Enterprises and the panel discussion on the subject were the highlights of the 54thAnnual Session & National Conference of ACMA, the apex body of the Auto Component Industry in[Read More…]

by September 12, 2014 Newscast, Trending, Web Exclusive

SKF India receives Quality Silver award from Bajaj Auto

SKF India’s Two Wheeler business unit received the Quality Silver award from Bajaj Auto Ltd. for valuable support and contribution for the year 2014. The supplier assessment was based on criteria such as quality, cost, delivery, service and supplier’s response management. Mr. Harsha Kadam, Director Two Wheeler Business Unit, SKF India and Mr. Shailesh Shet, DGM, 2 Wheeler Sales-Western Region,[Read More…]

by September 10, 2014 Newscast, OEM, Web Exclusive

Delphi Announces Leadership Transition Plan

  – Chief Executive Officer and President Rodney O’Neal to retire March 1, 2015 –   Chief Financial Officer Kevin P. Clark named chief operating officer, will succeed O’Neal –   Mark J. Murphy named chief financial officer Delphi Automotive PLC Chief Executive Officer and President Rodney O’Neal, today announced plans to retire March 1, 2015, following a  distinguished 43-year[Read More…]

by September 10, 2014 International, Newscast, Web Exclusive
The PMD 2 Grinding Machine from EMAG “grinds down“ the costs of crankshaft production

The PMD 2 Grinding Machine from EMAG “grinds down“ the costs of crankshaft production

International competition in the automotive industry continues to increase, as do the technological demands on vehicles, and with them the costs. But increasing prices in the face of stiff competition in the market is no longer easily defensible.  According to a McKinsey study, the costs incurred in the manufacture of passenger cars must be reduced three to four percent per[Read More…]

Voltas Material Handling to operate as Kion India

        Forklift and material handling equipment manufacturer, Voltas Material Handling Private Limited has announced today that it will operate under the name of  ‘Kion India Private Limited.’ Voltas Material Handling was launched in 2011 as a joint venture between the Kion Group and Voltas Ltd. In November 2012 the Kion Group – one of the world’s two[Read More…]

CCI intervention to help evolution of Aftermarket in India

The Competition Commission of India has issued an order on August 25, 2014 regarding trade practices of select OEMs covering aspects including procurement and sale of spare parts from component manufacturers and after sales service. Commenting on the order, Vinnie Mehta, Director General ACMA said, “The aftermarket in India is fast growing and with increased technical complexity of vehicles, the[Read More…]

by September 4, 2014 Newscast, Web Exclusive