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…]
The Chengdu International Trade Fair for Automotive Parts and Aftermarket Services (CAPAS) will return as the one-stop trade platform for the automotive sector in Southwest China. CAPAS is scheduled to take place from 21 – 23 May 2015 and occupy 35,000 sqm of the Chengdu Century City New International Exhibition & Convention Center. Organised by the China Council for the[Read More…]
In an important step towards affordable, low emission buses, GKN plc and Alexander Dennis Limited (ADL) have signed a deal that will see the introduction of 250 greener, cleaner vehicles to transport fleets across the UK during the next two years. As part of the agreement ADL – Britain’s biggest bus and coach manufacturer – has chosen GKN Hybrid Power[Read More…]
As collaboration between the automotive and consumer electronics industries continues to grow in importance, Magna International Inc. has announced that the company will participate in the 2015 International Consumer Electronics Show (CES) in Las Vegas, Nevada. In advance of its participation in CES, Magna has challenged engineering and industrial design students throughout the United States to share their vision of[Read More…]
Visteon Corporation confirmed it is currently engaged in discussions with Hahn & Company regarding a potential sale of Visteon’s ownership interest in Halla Visteon Climate Control Corp. (HVCC) to the Korea-based private equity company. There can be no assurance that these discussions will result in any transaction or on what terms any such transaction may occur. Visteon undertakes no obligation[Read More…]
BorgWarner supplies its advanced turbocharging technology for Volkswagen’s latest four-cylinder gasoline engine for the Chinese market. Engineered to improve performance and fuel economy, BorgWarner’s turbocharger helps the automaker’s 1.4-liter gasoline engines deliver superior responsiveness over the entire engine speed range. Available with outputs of 96~101KW, the BorgWarner-boosted engine is intended for high-volume production and is currently available for numerous Volkswagen[Read More…]
T Murrali Global automotive components major Magna International has been developing new products focusing on the aspiration levels of the next generation. Amongst several new technologies that the Canadian company developed is the ‘hands-free’ car that can take up the entire responsibility of driving, beyond a particular speed, say 60 mph and cruise at the determined speed. The vehicle can[Read More…]
Six companies will have been delighted to receive the ZF Supplier Award this year. The accolade, which the technology company awards to outstanding suppliers and partners, was presented for the seventh time. The award for the most innovative supplier went to Elring Klinger AG. The group of companies headquartered in Dettingen/Erms, Germany, supplies ZF with specialty gaskets, plastic modules, thermal[Read More…]
