BPCL and IONAGE Strengthen EV Charging Partnership
Hyundai Motor India Partners with CHARGE ZONE to Boost EV Charging Infrastructure
Assam Govt, Tata Group signed land deal for Rs 27,000 Cr semiconductor plant
Apollo Tyres Retains Silver Award once again
Good News : Maharashtra Govt Reduces VAT on Petrol, Diesel in Mumbai, Navi Mumbai, Thane

International

Halla Visteon Climate Control Completes Acquisition of Thermal and Emissions Product Line of Cooper-Standard Automotive

Halla Visteon Climate Control Corp., has announced it has completed the acquisition of the automotive thermal and emissions product line of Cooper-Standard Automotive Inc., a subsidiary of Cooper-Standard Holdings Inc. (NYSE:CPS), in a cash transaction valued at $46 million, subject to price adjustment. The transaction was announced by both companies on June 30. “We are pleased to have completed this acquisition,[Read More…]

by — August 3, 2014 — International, Newscast, Web Exclusive

Paccar announces increased second quarter revenues and earning

“PACCAR reported increased revenues and net income for the second quarter of 2014,” said Ron Armstrong, chief executive officer. “PACCAR’s second quarter results reflect the benefits of improving truck sales in the U.S. and Canada and strong aftermarket parts and financial services results worldwide. I am very proud of our 22,600 employees who have delivered excellent results to our shareholders[Read More…]

by — August 3, 2014 — Allied Business, Finance, International, Newscast, Web Exclusive
Toyota starts CVT production in China

Toyota starts CVT production in China

Toyota Motor Corporation’s (TMC’s) vehicle powertrain production subsidiary in Changshu, China, Toyota Motor (Changshu) Auto Parts Co., Ltd. (TMCAP), held a ceremony here today to officially mark the start of localized production of continuously variable transmissions (CVTs), which is a first for Toyota outside Japan. Production of transaxles for hybrid vehicles―also a first for Toyota outside Japan―is scheduled to begin[Read More…]

by — August 3, 2014 — International, Newscast, Trending, Web Exclusive
TRW’s Electric Park Brake technology gains momentum with Japanese automakers

TRW’s Electric Park Brake technology gains momentum with Japanese automakers

TRW Automotive Holdings Corp. (NYSE: TRW), the global leader in active and passive safety, has launched its latest-generation Electric Park Brake (EPB) technology with three major Japanese based vehicle manufacturers and will begin production with a fourth automaker in the near future.  The EPB system functions as a conventional hydraulic brake for standard service brake applications, and as an electric[Read More…]

by — August 3, 2014 — Allied Business, International, Newscast, Web Exclusive

TRW reports second quarter and first half 2014 financial results

TRW Automotive Holdings Corp. the global leader in active and passive safety systems, has reported second quarter 2014 financial results with sales of $4.6 billion, an increase of 2% compared to the prior year period (up 8% excluding the effect of businesses exited).  The Company reported GAAP second quarter net earnings of $265 million or $2.27 per diluted share, which compares to net earnings of $248[Read More…]

by — August 3, 2014 — Finance, International, Newscast, Web Exclusive

Eaton second quarter operating earnings per share of $0.41

Adjusted for Gain on Aerospace Divestitures, Legal Settlements and Associated Costs, Second Quarter Operating Earnings Per Share of $1.11 Core Sales Growth in Second Quarter of 3 Percent Lowering Top End of 2014 Operating Earnings Per Share Guidance Excluding Unusual Items, with 2 Percent Reduction to Midpoint of Range Power management company Eaton Corporation plc has announced that operating earnings[Read More…]

by — August 3, 2014 — Finance, International, Newscast, Web Exclusive

GKN and the Go-Ahead Group using F1 technology to improve fuel efficiency of London buses

GKN plc and The Go-Ahead Group have agreed a deal that will help reduce emissions in cities with the supply of electric flywheel systems to 500 buses over the next two years. The innovative GKN system is based on Formula One race technology developed in the UK. It will help increase the efficiency of every bus to which it is[Read More…]

by — August 3, 2014 — Allied Business, International, Newscast, Web Exclusive
Kenworth Class 8 Trucks available for order with Spicer AdvanTEK 40 Tandem Axle

Kenworth Class 8 Trucks available for order with Spicer AdvanTEK 40 Tandem Axle

Kenworth has added Dana’s Spicer® AdvanTEK® 40 tandem axle for new Class 8 pickup and delivery, regional haul and linehaul trucks equipped with the Kenworth AG380 or AG400L suspension. “The Spicer AdvanTEK 40 tandem axle is an excellent, fuel-efficient addition for new Kenworth Class 8 trucks,” said Kurt Swihart, Kenworth marketing director. “The AdvanTEK 40 axle is featured as a[Read More…]

by — August 3, 2014 — International, Newscast, Web Exclusive
Bosch: Gas-powered cars: CNG is not LPG

Bosch: Gas-powered cars: CNG is not LPG

The operating costs, service station networks, and conversion costs for compressed natural gas and liquefied petroleum gas What are the advantages of gas-powered vehicles? Both CNG and LPG powertrain systems are cheaper and more eco-friendly in cars than diesel or gasoline systems. Their combustion is comparably cleaner, reducing emissions of particulates and nitrogen oxides. Both fuels are also cheaper than gasoline[Read More…]

by — August 3, 2014 — International, Newscast, Web Exclusive

Goodyear reports record second quarter earnings

– Record second quarter segment operating income of $460 million  – North America second quarter earnings of $208 million, record for any quarter  – Europe, Middle East and Africa second quarter earnings more than double to $117 million – Second quarter tire volumes increase 3%, in line with full-year outlook  – First half segment operating income of $833 million up[Read More…]

by — August 3, 2014 — Allied Business, International, Newscast, Web Exclusive
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