Cummins Inc. was recognised by Chrysler Group as one of the 2013 Supplier’s of the Year during the company’s 2014 Annual Strategy Meeting and Supplier Awards Ceremony on June 24held at the Palace of Auburn Hills in Auburn Hills, Michigan. Of the 18 awards given to top suppliers for their extraordinary performance in 2013, Cummins was recognised in two categories, marking the first time Cummins has received[Read More…]
The designers at BASF’s Coatings division have published their automotive color trends for 2014/2015. With their collection entitled “Under the Radar”, new color ranges are appearing on the trend radar. The development of special effects is setting new accents and opening up unusual color ranges. BASF’s designers are predicting that this will make automotive colors more complex and more individual[Read More…]
Tenneco Inc. announced today that James S Metcalf has been elected to the company’s board of directors, effective immediately. Metcalf is chairman, president and chief executive officer for USG Corporation, North America’s leading manufacturer and distributor of high-performance building solutions for construction, remodeling and industrial markets. “We are pleased to add Jim Metcalf to Tenneco’s board of directors and look[Read More…]
The much awaited Union Budget of the newly-elected government was tabled in the Parliament this morning. Though there was big bang announcement the Budget has attempted to address several issues including some raised by the auto industry. The major announcement is the increasing the FDI limit in insurance and defence from 26% to 49%. As the government has already announced[Read More…]
Ingenium, the new family of premium diesel and petrol engines designed, engineered and manufactured by Jaguar Land Rover, delivers class-leading levels of torque, horsepower and refinement while reducing emissions and fuel consumption. The company on 9 July revealed more of the technical details of these new lightweight, compact low-emissions modular engines as it showcased some of the company’s future technologies.[Read More…]
Cutting-edge technology is being pioneered by researchers at Jaguar Land Rover to develop a truly intelligent self-learning vehicle that will offer a completely personalised driving experience and help prevent accidents by reducing driver distraction. Using the latest machine learning and artificial intelligence techniques, Jaguar Land Rover’s self-learning car will offer a comprehensive array of services to the driver, courtesy of[Read More…]
A total of 3.07 (January-June 2013: 2.95) million vehicles were handed over to customers worldwide, representing an increase of 3.8%. Volkswagen Passenger Cars delivered 514,900 (June 2013: 509,200; +1.1%) models in the month of June. “Developments at Volkswagen Passenger Cars in the first half year were stable thanks to the brand’s convincing model range. The Golf in particular continues to[Read More…]
BorgWarner’s President and Chief Executive Officer James R Verrier was honored as an EY Entrepreneur Of The Year 2014 winner in the automotive category in the Michigan and Northwest Ohio region during a ceremony held recently in Detroit. Selected by an independent panel of judges made up of previous award winners such as leading CEOs, private capital investors and other[Read More…]
Ashok Leyland Ltd, flagship of the Hinduja Group, has raised Rs 667 crores via a Qualified Institutions Placement (QIP). The capital raising comes on the back of a strong operating margin performance in Q4 – reflecting cost reduction and margin improvement measures, as well as the expectation of a turnaround in the domestic CV market. The QIP, launched on 26th[Read More…]
The BMW Group sold more than a million vehicles in the first half of 2014, more than ever before in the first six months of the year. A total of 1,020,211 vehicles were delivered to customers worldwide, an increase of 6.9% over the same period last year (954,501). Sales in June also reached an all-time high: deliveries increased 4.8% with[Read More…]
