Visteon Corporation has named Peter Ziparo to the position of vice president and general counsel, with responsibility for the company’s global legal and compliance activities. He replaces Michael Sharnas, Visteon’s general counsel since September 2009, who has elected to relocate to southwestern Michigan and remains with the company in a revised role, focusing on strategic transactions. Ziparo joined Visteon[Read More…]
Visteon Corporation has unveiled a new Innovation centre at the global automotive supplier’s corporate headquarters in Van Buren Township, Michigan. The state-of-the-art facility combines a technology showroom with a conferencing area, design studio, collaboration space and ‘experience lab’ – aimed at fostering creativity and teamwork in delivering new products and solutions for automakers. “The innovation centre is a reflection of[Read More…]
In the hunt for motor racing talent in India, Nissan PlayStation GT Academy has witnessed promising racing aspirants in both Delhi and Mumbai, with the latter topping the leaderboard thus far. The award-winning and internationally acclaimed driver discovery programme will complete qualifying rounds in Hyderabad, Bengaluru and Chennai by June 2014 before finalising the quickest 14 lap times that emerge[Read More…]
Mitsubishi Fuso Truck and Bus Corporation (MFTBC) and Daimler India Commercial Vehicles Pvt. Ltd. (DICV), today reported important personnel changes in their Board of Management, which will be effective June 01, 2014. These changes have been decided by the Board of Management, Daimler AG, but as a formality are still subject to the approval by the Shareholders’ meeting and[Read More…]
Global powertrain supplier BorgWarner finalised its acquisition of Gustav Wahler GmbH & Co. KG. The company will maintain the Wahler name as a product brand in the aftermarket. A producer of exhaust gas recirculation (EGR) valves and tubes as well as engine thermostats for both on- and off-road applications, Wahler’s customers include leading automotive manufacturers from around the world. “The[Read More…]
By J Srikant Continental, the fourth largest tyre manufacturer globally, today entered the fast growing radial tyre segment for the commercial vehicle in India by launching 4 tyres. It also announced that it would start distribution of radials for passenger car by the end of year 2014. “It was a strategic move in 2011 to come to India, and we[Read More…]
DSK Hyosung today launched its best selling bike in a new look the – New GT250 R. The new bike comes with advanced futuristic styling, sporty graphics and aggressive design elements like stylish new headlamps among others. It comes in three colour options of red titanium, white titanium and black titanium each of which will be available in three tone[Read More…]
Autolite (India) Limited, a Jaipur based Automotive lighting Company has been awarded Certificate of Excellence at the fifth Annual Inc. India 500 as one of the fastest growing mid-sized companies in India in the year 2013. The award was conferred by Vinod Rai, former Comptroller & Auditor General (CAG) to Adarsh Mahipal Gupta, Director of the Company on March 22,[Read More…]
Daimler AG and Evonik Industries AG are restructuring their activities in the field of electric mobility in Kamenz and Kirchheim/Teck, and are thus reflecting the changed market conditions. Daimler will acquire all of the shares held by Evonik in Li-Tec Battery GmbH (50.1 percent) and in Deutsche ACCUmotive GmbH & Co. KG (10 percent). This will make Daimler the sole[Read More…]
Igus celebrated the beginning of a adventurous world wide tour to mark the 30th anniversary of its ‘iglidur’ polymer bearings and the 50th anniversary of the company as a whole. Igus GmbH sent out a small, retrofitted car on a round-the-world trip with its first stop in “Incredible India”. Igus presented the car fitted with 56 Igus polymer bearing components[Read More…]
