In a bid to gain market share in the commuter bike segment, TVS Motor Company today launched its all-new motorcycle StaR City+. Currently the company is offering StaR City Sport in the entry level and hold 6% market share in the commuter segment. The new 110 cc motorcycle, which is priced at Rs 44,000 (ex-showroom New Delhi) is loaded with[Read More…]
Bosch operates some 1100 Bosch Car Service centers in Germany, offering all manner of cross-brand car services. The range of services offered at these centers includes the traditional Bosch fields of automotive electrics, electronics and diesel servicing, as well as general mechanical repairs, inspections, air-conditioning servicing, oil servicing, tires and autoglass servicing as well as in-car multimedia servicing. Special conditions[Read More…]
General Motors India today celebrated the first anniversary of the arrival of Chevrolet Enjoy MPV with the launch of the 1st anniversary edition. Launching the anniversary edition, GM India President and Managing Director Arvind Saxena said “Chevrolet Enjoy has completed a very successful ‘Year of Enjoyment’ on Indian roads It has given our customers a spacious multi-purpose vehicle and a[Read More…]
India Electronics and Semiconductor Association (IESA), the premier trade body representing the Indian Electronic System Design and Manufacturing (ESDM) industry, today announced the appointment of M N Vidyashankar, as the new President. In his previous assignments, Vidyashankar has served as Additional Chief Secretary, Department of Commerce & Industries and Principal Secretary, Department of IT, BT and S&T, Government of Karnataka.[Read More…]
Visteon Corporation today announced an agreement to divest the majority of its global automotive interiors business to an affiliate of Cerberus Capital Management, L.P. The transaction, which is subject to regulatory reviews and other conditions, is expected to be completed by Dec. 31, 2014. Visteon also announced it has completed a previously announced agreement to sell its 50 percent ownership[Read More…]
With the objective of grooming auto component leaders of tomorrow, the Automotive Component Manufacturers Association of India (ACMA), the apex body for the Indian auto component industry recently organised a delegation for its Young Business Leaders Forum (YBLF) to Mexico. The ACMA -YBLF is the youth wing of ACMA that comprises second and third generation scions of the auto component[Read More…]
Continental strengthens its systems competencies in the field of drive train technologies. The international automotive supplier, tire manufacturer, and industry partner intends to purchase the outstanding shares in Emitec Gesellschaft für Emissionstechnologie mbH. Emitec, to date a 50-50 joint venture co-owned by Continental and GKN plc – will be acquired by Continental and integrated into its Powertrain Division. With the[Read More…]
Federal-Mogul Holdings Corporation on 1 May, 2014, announced it has completed its previously announced acquisition of Affinia’s chassis components business. The Affinia business serves leading North American aftermarket customers with branded and private label chassis product lines, and complements Federal-Mogul’s industry-leading MOOG product line. Included in the acquisition are facilities in Oklahoma City; Fort Wayne, Ind.; McHenry, Ill.; Ramsey, N.J.;[Read More…]
BMW India announced the opening of Sanghi Classic, its new dealership in the lake city of Rajasthan, Udaipur. Sanghi Classic brings to Udaipur the BMW standards of sales and service and the same international experience as any BMW dealership worldwide. Located at E-95 Madri Industrial Area, Ahmadabad Bypass, the dealership is the 38th showroom of BMW in India. The showroom[Read More…]
Construction equipment manufacturer Schwing Stetter India, a wholly-owned subsidiary of Schwing Gmbh has commissioned its fabrication unit in Chennai. The company has invested Rs 65 crore in the new plant to manufacture the S36 concrete boom pump and ‘separate placing’ boom pump SPB 25 and 35. The new 5 acre plant will further help the company to localise the pumps[Read More…]
