Articles by: Online Editor - ACI

ACMA recommendations for the Union Budget 2014-15

ACMA recommendations for the Union Budget 2014-15

With the hope that the new government will adopt necessary measures to revive the automotive industry in the country, the Automotive Component Manufacturers Association (ACMA), the apex body for the Indian auto component industry, has identified and voiced its expectations to the Government from the upcoming Union Budget 2014. The auto industry has been facing one of the most challenging[Read More…]

by June 18, 2014 Finance, Newscast, Web Exclusive
Dana earns Excellence in Quality Improvement Award from Hino Trucks

Dana earns Excellence in Quality Improvement Award from Hino Trucks

Dana Holding Corporation today announced that the company has been recognised by Hino Trucks with its Excellence in Quality Improvement award. Dana accepted the award, which recognises superior improvement in parts-per-million (PPM) defect performance at Hino’s annual supplier business meeting this month. Dana supplies driveshafts to Hino from assembly facilities in Lima, Ohio, and Jodalli, Karnataka, India. These products are[Read More…]

R Ashwin felicitates winners of Gulf Super King Size offer in Tamil Nadu

R Ashwin felicitates winners of Gulf Super King Size offer in Tamil Nadu

Gulf Oil is offering a chance to win some amazing prizes with their Gulf Super King Size scratch and win offer. R Ashwin presented the 5 lucky customers with a CSK autographed bikes. The one lucky winner who won the CSK autographed Honda CBR 250 CC is Harish Nahar from Central Chennai – Honda CBR 250 CC. The lucky winners who have won the CSK autographed Pulsar 150 and Honda Unicorn[Read More…]

Ashok Leyland receives an order for 2,200 buses from Sri Lanka

The Government of Sri Lanka has placed an order for 2,200 buses with Ashok Leyland. This is the one of the largest purchase by the Sri Lankan Transport Board (SLTB), as the Government aims to modernise its existing fleet and significantly improve the country’s public transport network. Ashok Leyland will supply these 2200 buses within the next six months. With[Read More…]

by June 16, 2014 Newscast, OEM, Web Exclusive
Toyota Kirloskar Auto Parts honours SKF India for on-time delivery and quality

Toyota Kirloskar Auto Parts honours SKF India for on-time delivery and quality

SKF India today received a certificate of appreciation from Toyota Kirloskar Auto Parts (TKAP) for on-time delivery and quality, during their annual supplier meet. The certificate was awarded to Anil Jaiswal, Sales Head, Powertrain & Electrical Business, SKF India by Yuji Hiraoka, Managing Director, TKAP. This certificate recognises SKF India for meeting stringent quality standards and to achieve zero ppm[Read More…]

BorgWarner’s New low-friction HY-VO Chain Drives Transfer Cases for Toyota and Lexus

BorgWarner’s New low-friction HY-VO Chain Drives Transfer Cases for Toyota and Lexus

Global auto component major BorgWarner has introduced its next-generation HY-VO chain drives transfer cases for the Lexus GX and the Toyota Land Cruiser Prado, 4Runner, Tacoma and FJ Cruiser. Specifically engineered to reduce friction, the chain improves efficiency and helps increase fuel economy. BorgWarner produces HY-VO chain for these applications at its facility in Japan. “Using our state-of-the-art testing and[Read More…]

Axalta Coating Systems issues First Sustainability Report

Axalta Coating Systems issues First Sustainability Report

Axalta Coating Systems, a leading global supplier of liquid and powder coatings, issued its first sustainability report this week. The report was prepared in accordance with the Global Reporting Initiative’s G4 Guidelines. The 72 page Axalta Coating Systems Sustainability Report 2013 highlights the company’s commitment to sustainability by providing performance data and featuring stories, photographs and graphics that illustrate the[Read More…]

MSME summit shows opportunities in challenges

MSME summit shows opportunities in challenges

Speakers at 3rd MSME Summit The apex body of the auto component Industry, Automotive Component Manufacturers Association (ACMA), recently concluded the third MSME (Micro, Small and Medium Enterprises) summit which focused primarily on ‘Managing Volatility.’ Inaugurated by Ajay Shankar, Member Secretary, National Manufacturing Competitiveness Council (NMCC) with N K Maini, Deputy Managing Director, SIDBI the Guest of Honour and Sudam[Read More…]

by June 13, 2014 MSME
Personal mobility to contribute more to Castrol

Personal mobility to contribute more to Castrol

Castrol India, the Indian arm of British lubrication major Castrol Limited, said that it expects personal mobility to contribute more to revenue going forward. Currently, depending heavily on the commercial vehicle segment, the company expects four-wheelers and two-wheelers to come up in a big way for lubrication. Mr.Ravi Kirpalani, Automotive Director & Chief Operating Officer,Castrol India Limited “About two-thirds of[Read More…]

by June 13, 2014 Allied Business
Setco targets $500mn mark; to focus on aftermarket sales

Setco targets $500mn mark; to focus on aftermarket sales

Udit Sheth Clutch major Setco is firing on all cylinders to achieve ambitious revenue targets by expanding reach in the aftermarket and other areas. “In the next 5 years, we want to take our turnover to $500 million,” said Udit Sheth, MD and CEO, Setco Automotive. “We believe that is very viable through more products and backward integration.” Setco is[Read More…]

by June 13, 2014 Business Filings