A top of the trim, white CRETA AT, which had the distinction of creating history in the HYUNDAI world by being the 7 millionth car, rolled off the production lines with MD, Mr. Y.K Koo and VP production, Mr. Ganesh Mani S. in the driver’s seat at HYUNDAI MOTOR INDIA’s state of the art facility in Sriperumpudur near Chennai at 16.51[Read More…]
Testing Times After my recent visit to Europe and China I have realised that the global automotive OEMs and suppliers recognise India as a key market. The Indian automotive landscape is changing in line with the world industry. Fuel efficiency has always been a key factor for the Indian customers. However, of late, emissions and safety have also assumed significance[Read More…]
CII Auto Serve 2016, India’s largest focused exhibition for the Automotive aftermarket industry, organised by the Confederation of Indian Industry (CII) would witness the participation of over 110 exhibitors from India and abroad besides country pavilion from Japan. Currently in its 7th edition, this biennial flagship event of CII would showcase the innovative trends and technologies in the Indian automotive[Read More…]
A growing and competitive manufacturing sector has become the prime mover of the modern economy. Given the forces at work, manufacturing firms are taking a variety of approaches to radically transform their businesses and find new ways to differentiate themselves. This necessitates companies to constantly innovate, redefine paradigms, adopt cutting edge technology, enhance productivity and optimize resources. To champion the[Read More…]
BorgWarner supplies its advanced 6.35 mm silent timing chain for the new Maruti Suzuki Baleno. Powered by a 1.2-liter gasoline engine, the hatchback is available in Europe, Japan and Israel. BorgWarner’s best-in-class silent chain technology reduces friction to improve engine efficiency and fuel economy. “BorgWarner is pleased to provide our advanced silent timing chains to Maruti Suzuki,” said Joe Fadool,[Read More…]
Continental accelerated its growth in the third quarter of 2016 as announced. However, the quarter was characterized by several isolated and unrelated circumstances in the Automotive divisions that had a negative impact on earnings. “The sales growth in our automotive business gained momentum in the third quarter. With organic growth of over 6 percent, we once again grew faster than[Read More…]
Ford Motor Company to invest Rs 1300 crore to setup a new Global Technology and Business Centre in Chennai that will serve as a hub for product development, mobility solutions and business services for India and other markets around the world. The 28-acre capus will house 3000 highly skilled employees over the next 5 years. Ford Executive Chairman Bill Ford[Read More…]
Wabco is working with manufacturers in India to introduce advanced driver assistance systems and its latest air disc brakes. Its vision is to bring to India the most advanced technologies that it has been developing for Europe. “We work upon a more cost-effective version that could be rapidly offered in India and continue our drive to provide cost-effective, quality products[Read More…]
Ather Energy, the smart electric two-wheeler start-up, today announced a fresh round of funding of Rs 180 crores from Hero MotoCorp for 26-30% stake. The funding marks the third round of investments in Ather Energy, which is building the S340 – India’s first smart, electric scooter. Previous rounds of investments in the company were by Tiger Global; and Sachin and[Read More…]
The automotive supplier Brose manufactured the 5 millionth front seat structure since the start of production in 2012 for a joint project between Daimler and BMW. By 2026 the mechatronics specialist will produce around 32 million structures. The premium manufacturers use these in various models such as the Mercedes C-Class and E-Class or the BMW 7 Series and 5 Series.[Read More…]
