Optare, Ashok Leyland’s subsidiary in the UK, launched the MetroDecker, its exciting new double decker bus in London on Wednesday. Designed and built at a state-of-the-art assembly facility in Leeds, the MetroDecker leverages Optare’s extensive experience and engineering capabilities and boasts exceptional build-quality, comfort and optimised operational efficiency. The stylish new MetroDecker shares a common platform with its single deck[Read More…]
Federal-Mogul Holdings Corporation, the Michigan based auto component major, today renamed its vehicle components division to Federal-Mogul Motorparts effective immediately. This step is taken to further the ongoing strategy to drive the global growth of its premium products and leading brands. The new Federal-Mogul Motorparts name and logo will be rolled out globally effective immediately. “Federal-Mogul’s premium brands are[Read More…]
Motherson Sumi Systems Limited (MSSL), the flagship company of the Samvardhana Motherson Group, has achieved consolidated revenues of USS $ 5 billions for the year 2013-14, one year ahead of target for Vision 2015. The consolidated sales went up by 20%, PBT by 84% and PAT by 72% for the full FY 2013-14. For the fourth quarter of Q4 FY[Read More…]
Rane Group, one of India’s leading auto component manufacturer, today announced merger of Kar Mobiles Limited (KML) with Rane Engine Valve Limited (REVL) effective 1st April 2014. The board of directors of both the companies approved the merger in their respective meetings held today. The exchange ratio will be 7 shares of REVL for every 10 shares of KML. The[Read More…]
Daimler India Commercial Vehicles (DICV), a 100% wholly owned subsidiary of Daimler AG, Stuttgart, Germany along with Mitsubishi Fuso Truck and Bus Corporation, Japan (MFTBC), a Daimler Company, launched its robust DICV-made trucks in Zimbabwe, making it the 4th African market since the start of export in May 2013. As a part of the first 15 export markets for DICV under[Read More…]
Omax Autos Limited, a tier-one supplier of critical assemblies like frame assembly to OEMS in CV segment, has recently entered the complete vehicle assembly. Omax Autos Ltd has already received an initial order of 20 vehicle assemblies from a renowned truck OEM. Speaking on the occasion, Kishor Karnataki, President & CEO – PC & CV said, “A focussed assembly cell[Read More…]
BorgWarner supplies a number of advanced technologies for winners of the 2014 World Car Awards, including the GenV all-wheel drive couplings, chain timing systems for Audi A3 models powered by 1.8- and 2.0-liter DOHC I4 engines, ignition coils for 1.2- and 2.0-liter gasoline models, and dual-clutch and mechatronic modules for 6-speed dual-clutch transmissions. For 1.6- and 2.0-liter diesel models, the[Read More…]
Honda Aircraft Company today announced several achievements and milestones in the development of the HondaJet. At a press conference today at the European Business Aviation Convention and Exhibition (EBACE) in Geneva, Switzerland, the President and CEO of Honda Aircraft Company Michimasa Fujino said, “Honda Aircraft Company’s most important goals are achieving Federal Aviation Administration Type Certification and delivering the first[Read More…]
This week at CeMAT 2014, Dana Rexroth Transmission Systems will exhibit R2 hydromechanical variable transmission (HVT) concepts specifically configured for material-handling equipment. A product of the joint venture between Dana Holding Corporation and Bosch Rexroth AG, the HVT R2 features a modular design that can be adapted for a variety of material-handling applications with net input power from 135 to[Read More…]
The three-week long Shell Advance Yyaayyy campaign which invited entries from bikers across country to share their unique biking stories, recently concluded with Delhi consumer Saurabh Singh taking home the grand prize – a brand new Bajaj Pulsar. Saurabh’s Yyaayy moment was when he travelled from the crowded lanes of Noida to hilly and peaceful Ladakh on his bike. “I[Read More…]
