Text & Photos: T Murrali In the inaugural issue of Auto Components India, we featured the Grande i10 – ICOTY of the year 2014 – and in this issue, the First Anniversary special that you are holding, we are featuring the Elite i20 – ICOTY of 2015. The common element is that both cars are from Hyundai Motor India Limited’s[Read More…]
Bharat Forge, one of the biggest auto component makers in India, inaugurated its High Tech Locomotive Component Manufacturing Facility in Baramati, Maharashtra. Inaugurated by Minister of State for Railways, Manoj Sinha, the new plant will help expand its footprint in the locomotive business. “Under our government’s ‘Make in India’ initiative, we are committed to encourage indigenous manufacturing of railway components[Read More…]
Cars also automatically identify and report available parking spaces Real-time parking map shortens nerve-wracking search Stress-free search for parking spaces in downtown areas and parking garages Today, looking for a place to park is often a time-consuming and frustrating process. In the future, Bosch sensors – installed on the road’s surface and in passing cars – will automatically identify and[Read More…]
– Consolidated Revenues of MSSL grew by 13%. – Standalone revenues of the MSSL grew by 12%. – In Euro terms, SMR and SMP grew by 13% and 19% respectively. – SMR & SMP have also reported consistent growth and improvement in profitability. – Progress of 14 new facilities is on schedule , 3 facilities completed and under start up.[Read More…]
Messe Frankfurt is continuing to expand its presence in Russia with the acquisition of a 50 percent stake in Comtrans and Autotrans by its Russian subsidiary Messe Frankfurt RUS. The remaining 50 percent will be assumed by ITE Expo OOO, the Russian subsidiary of the ITE Group. Comtrans and Autotrans are Russia’s leading trade fairs for commercial vehicles, buses and[Read More…]
Bosch Packaging Technology, a leading supplier of process and packaging technology, plans to acquire Osgood Industries, Inc., based in Oldsmar, Florida. Agreements to this effect were signed on February 6, 2015. Bosch thereby intends to further strengthen its engagement in the liquid food industry in North America and additional markets. With sales of approximately 26 million USD in 2014, Osgood[Read More…]
German auto component manufacturer, ZF Friedrichshafen AG has opened a new facility in Chakan, Pune with a total investment of about Rs 150 crore (20 million) to tap the growing potential of the Indian market. Spread across 85 000 square meters (21 acres) the new facility will house Car Powertrain Technology and Commercial Vehicle Technology divisions as well as ZF[Read More…]
BorgWarner’s Turbo Systems facility in Itatiba City, Brazil, was presented with the 2014 Mercedes-Benz Brazil Interaction Award in the category of Innovation Technology for the successful launch of various turbochargers for the new Mercedes-Benz Euro 5 engines in South America. “At BorgWarner, we are driven to deliver innovative powertrain solutions that improve fuel economy, emissions and performance for a cleaner,[Read More…]
Cooper-Standard Holdings Inc. the parent company of Cooper- Standard Automotive Inc. (“Cooper Standard”), has announced that it will consolidate its Goldsboro, N.C. facilities into one to improve its competitive position in North America and invest in the remaining location to bring it in line with world-class facilities that meet key metrics set forth by both the company and its customers.[Read More…]
