BRIGHTER PROSPECTS By the time you read this column, the Government of India would have rolled out the Goods and Service Tax (GST). GST is set to be rolled out on July 1, 2017. It is going to be a red letter day in the economic history of India. Automotive industry is among its major beneficiaries. From a combined VAT[Read More…]
WABCO Holdings Inc., a leading global supplier of technologies and services that improve safety, efficiency and connectivity of commercial vehicles, announced that Daimler Trucks has extended its long-term supply agreement with WABCO for new heavy-duty automated manual transmission (AMT) control technology to support its series production mainly in Europe, North America, Japan, and South America. Headquartered in Germany, Daimler Trucks[Read More…]
The conference on Aerospace and Defence Manufacturing Technologies organised by the Confederation of Indian Industry (CII) with the theme ‘Make in India—Fast Developing Ecosystem for Aerospace and Defence Industry’ called for an active involvement of Indian and foreign companies in the creation of an ecosystem that could go a long way towards establishing a solid base for the nation’s defence[Read More…]
The Cologne-based Specialty chemicals company LANXESS projects the highest full year results in its history, following a very strong first quarter of 2017 and the successful closing of the acquisition of the US-based company Chemtura. Global sales of LANXESS increased 25% to EUR 2.4 billion in the first quarter of 2017, up from EUR 1.9 billion a year earlier. EBITDA[Read More…]
Fiat Chrysler Automobiles (FCA) India opens the pre-bookings for its Made in India Jeep® Compass. To pre-book the Sports Utility Vehicle (SUV), interested customers can either log in to the company’s official website www.jeep-india.com or visit the nearest FCA or Jeep-exclusive showroom and place a pre-booking amount of Rs. 50,000. The Jeep® Compass, manufactured locally at FCA’s state of the[Read More…]
Germany-based Infineon Technologies inaugurated the new R&D centre in Bengaluru. The move will further strengthen the Bengaluru office as Infineon’s Competence Centre for Hardware Design and Software Development. Infineon India team supports technology development for diversification driven chip design system, with focus areas in automotive, industrial and chip card and security. The team also develops software for products used in[Read More…]
The BMW Plant Chennai has started the production for the all-new BMW 5 Series that will be launched later this month in India. Vikram Pawah, President, BMW Group India said, “For many years, BMW 5 Series has been the undisputed leader of its segment and is an absolute success story. The all-new BMW 5 Series that will be launched[Read More…]
Many lightweighting initiatives under way to achieve CAFÉ standards Lightweighting, a concept about building cars and other vehicles lighter for better fuel efficiency and overall performance, is becoming a heavy burden on automotive industry- OEMs and tier-1 component suppliers. They have initiated several programmes and projects to achieve the Corporate Average Fuel Efficiency (CAFE) standards by lighweighting. For lightweighting, the[Read More…]
Lightweighting of automotives is necessary to improve their efficiency and to reduce the carbon footprint. It is not an easy task as it involves the use of lighter and stronger materials and new technologies both by the OEMs and components suppliers. An MIT (Massachusets Institute of Technology) review on lightweighting automobiles in 1997 has drawn attention to the growing pressure[Read More…]
Tenneco Automotive, one of the world’s largest automotive equipment supplier, manufactures ride control and clean air products in India, is taking concrete steps to reduce the weight of the products it manufactures. The US-based company is present in India since 1995, and in 2006 it became 100% subsidiary of Tenneco. In India, the company has grown in terms of manufacturing[Read More…]
