The production location of Hirschmann Car Communication GmbH in Békéscsaba, Hungary, has been named the “Best Plant of 2013” with the supplier award from the PSA Group. With this award, the French automotive group, which owns car brands including Peugeot and Citroën, recognises the commitment and outstanding services of the employees in the Békéscsaba plant. In total, the French car[Read More…]
Webasto at the IAA Commercial Vehicles Show: New transport refrigeration systems and high-voltage heaters At the IAA Commercial Vehicles Show in Hanover, Webasto is presenting a wide-ranging portfolio for light commercial vehicles and trucks under the slogan “Heating and cooling from a single source”. The booth is located on Stand B22 in Hall 12 from September 25 to October 1,[Read More…]
Financial performance Sales of $2.04 billion ($1.78 billion excluding discontinued operations) Record quarterly adjusted EBITDA of $193 million ($175 million excluding discontinued operations) Cash from operations of $31 million Continued progress under comprehensive shareholder value creation plan Reached agreement to sell majority of interiors business Completed acquisition of Johnson Controls’ electronics business on July 1 Completed HVCC acquisition of thermal[Read More…]
Orders received rise 17.6 percent to EUR 1,185.7 million in H1/14 Sales revenues up 10.9 percent to EUR 968.6 million in H1/14 New quarterly record for sales revenues: EUR 506.1 million in Q2/14, up from EUR 437.5 million in Q2/13 EBIT margin for H1/14 at 6.3 percent EBIT margin improves from 6.6 percent in Q2/13 to 6.7 percent in Q2/14 Earnings after taxes for[Read More…]
Ford Motor Company today announced details on new development techniques used to create its all-new Mustang and F-150, originating with the automaker’s suppliers. As Ford embarks on its most aggressive product launch year to date, with 23 launches globally – 16 in North America – the company is looking to its suppliers to help differentiate its products in the global[Read More…]
Motorcycling is becoming safer. From 2008 to 2013, the number of motorcyclists who had fatal accidents on Germany’s roads fell by 13% to 568. Experts believe that one reason for the decline is the spread of anti-lock braking systems. Summarizing the findings from the German In-Depth Accident Study GIDAS, Gerhard Steiger, president of the Bosch Chassis Systems Control division, says,[Read More…]
Bosch exhibits on 2,300 square meters in Hall 9 at this year’s Automechanika in Frankfurt am Main. From 16 to 20 September 2014, the leading complete provider for trade and workshops will showcase its broad range of spare parts, diagnostics and workshop equipment as well as service activities and workshop concepts. Bosch products and solutions for the workshop of both[Read More…]
Ambitious emissions standards are boosting business worldwide for Bosch Emission Systems GmbH & Co. KG (BESG). Regulations such as Tier 4 final emission limits and Euro 6 are driving demand for exhaust-gas treatment systems for trucks, diggers, and other mobile machinery. “When it comes to commercial vehicles, the global market for these systems will double by 2020,” predicts Dr. Markus[Read More…]
Dual clutch transmissions are proving so popular because they offer drivers benefits in terms of fuel efficiency, smooth gearshifts and vehicle performance. Growing numbers of drivers are delighted at the resultant blend of sporty driving pleasure and fully automated gearshifts, accompanied by a drop in fuel consumption compared to manual gearboxes of as much as five percent. Not for nothing[Read More…]
Frost & Sullivan is optimistic on growth in Indonesia’s machine tools and cutting tools market due to the individual growth of the mining, power generation, automobile, aerospace & defense industry. K Vinod Cartic, Consultant at Frost & Sullivan said that as the use of composite materials in automobile industry increases, diamond tipped tools will also grow faster vis-a-vis cemented carbide[Read More…]
