Jamshedpur based Metaldyne-India is on a diversifying spree to expand product range, markets and customers. The company that has hitherto been catering to the commercial vehicle segment with its dampers, has ventured into the passenger car division with supplies to Nissan, and has also expanded markets to Japan, Thailand and UK, in addition to India. In addition to dampers featured[Read More…]
Federal-Mogul Holdings Corporation’s Powertrain Division has increased its piston manufacturing footprint in China to meet the growing demand for its advanced Elastoval piston products that lower emissions and reduce fuel consumption. The expansion of the company’s Qingdao piston manufacturing facility aligns with the company’s strategy to locally serve China’s domestic and foreign automakers. Federal-Mogul’s Qingdao manufacturing facility is located in[Read More…]
Visteon Corporation today announced first-quarter 2014 results, reporting sales of $1.98 billion and net income attributable to the company of $19 million, or $0.38 per diluted share. Adjusted EBITDA, a non-GAAP financial measure was $170 million, compared with $141 million in the same period last year. “We delivered solid financial results in the first quarter while announcing or completing key[Read More…]
The close cooperation between electronics and tyre developers at Continental, the international automotive supplier, continues to bear fruit. Future tyre pressure sensors, for instance, will be able to detect when a tyre change is necessary due to insufficient tread depth. Explaining the importance of regular tread depth monitoring, Andreas Wolf, head of the Body & Security business unit, points out,[Read More…]
In order to increase delivery efficiency, Nissan Motor India on 6 May inaugurated its new after-sales Parts Distribution Centre (PDI) in Chennai. The new PDC will help optimise Nissan’s supply-chain management process in India by ensuring a more efficient delivery of spare parts to its authorised workshops across the country. This is expected to facilitate quicker service offered to the[Read More…]
In a bid to gain market share in the commuter bike segment, TVS Motor Company today launched its all-new motorcycle StaR City+. Currently the company is offering StaR City Sport in the entry level and hold 6% market share in the commuter segment. The new 110 cc motorcycle, which is priced at Rs 44,000 (ex-showroom New Delhi) is loaded with[Read More…]
Bosch operates some 1100 Bosch Car Service centers in Germany, offering all manner of cross-brand car services. The range of services offered at these centers includes the traditional Bosch fields of automotive electrics, electronics and diesel servicing, as well as general mechanical repairs, inspections, air-conditioning servicing, oil servicing, tires and autoglass servicing as well as in-car multimedia servicing. Special conditions[Read More…]
General Motors India today celebrated the first anniversary of the arrival of Chevrolet Enjoy MPV with the launch of the 1st anniversary edition. Launching the anniversary edition, GM India President and Managing Director Arvind Saxena said “Chevrolet Enjoy has completed a very successful ‘Year of Enjoyment’ on Indian roads It has given our customers a spacious multi-purpose vehicle and a[Read More…]
India Electronics and Semiconductor Association (IESA), the premier trade body representing the Indian Electronic System Design and Manufacturing (ESDM) industry, today announced the appointment of M N Vidyashankar, as the new President. In his previous assignments, Vidyashankar has served as Additional Chief Secretary, Department of Commerce & Industries and Principal Secretary, Department of IT, BT and S&T, Government of Karnataka.[Read More…]
Visteon Corporation today announced an agreement to divest the majority of its global automotive interiors business to an affiliate of Cerberus Capital Management, L.P. The transaction, which is subject to regulatory reviews and other conditions, is expected to be completed by Dec. 31, 2014. Visteon also announced it has completed a previously announced agreement to sell its 50 percent ownership[Read More…]
