Hankook Tyre UK appoint Mr Jong Jin Park as Managing Director of the company’s 2nd largest entity in Europe. Mr Park brings with him a wealth of experience in both sales and marketing having worked at both the Hankook Tire Global and American Headquarters. Mr Park takes over the position from Mr Gaugseung Lee who has now assumed the role[Read More…]
BorgWarner’s Advanced Electronic Front-Wheel Drive Technology Improves Vehicle Traction, Handling and Stability for Ultimate Driving Experience BorgWarner provides its advanced front cross differential (FXD) technology for the new SEAT Leon CUPRA. Designed for high- performance front-wheel drive (FWD) vehicles, the electronic limited slip differential significantly improves vehicle handling, traction and stability in nearly all driving conditions. Without sacrificing engine power,[Read More…]
HARMAN International Industries, Incorporated (NYSE:HAR), the premier audio, visual, infotainment and enterprise automation group, today announced the acquisition of Israeli-based Red Bend Software, a leading provider of software management technology for connected devices, and over-the-air (OTA) software and firmware upgrading services. Building upon Red Bend’s strength in the mobile and carrier markets, HARMAN will accelerate Red Bend’s growth in the automotive space[Read More…]
HARMAN International Industries, Incorporated, the premier audio, visual, infotainment and enterprise automation group, today announced it has signed an agreement with Symphony Technology Group to acquire Symphony Teleca, a privately-held global software services company. Based in Mountain View, CA, Symphony Teleca provides software engineering and integration services that help businesses rapidly design and develop products and technologies at the convergence of device, sensors, cloud and[Read More…]
Text: T Murrali Global automotive supplier, tyre manufacturer and industry partner – Continental, has inaugurated a new 13,000 sqmt facility in Bangalore to expand its R&D capabilities in India. With total investment of Euro 12.4 million and current headcount of around 1,000 engineers, the new Technical Centre India (TCI) facility at Electronic City-Phase II will meet the increasing demand for[Read More…]
Gulf Oil Lubricants India Limited, a Hinduja Group Company, has formed a strategic partnership with Whitmore, a global producer of lubrication-centric reliability products including high performance mining, rail and industrial lubricants for the Indian market. With this alliance, Gulf Oil will add Whitmore’s specialty lubricants and greases to its already extensive product line of industrial and automotive lubricants and maintenance[Read More…]
Text : T Murrali It is said that the machine tool industry is the first to get affected in a slowdown or recession and the last to recover. This is because of its capital intensiveness. However, the impending IMTEX 2015 and the concurrent show Tooltech 2015 defy the belief. Despite the auto industry, which contributes to over 60% of the[Read More…]
. Automotive supplier publishes preliminary key figures for 2014 fiscal year · Sales grow to around €34.5 billion despite negative exchange rate effects · Outlook for 2015: aim to increase sales by approximately 5% In the 2014 fiscal year, the Continental Corporation secured a margin exceeding 11% for its adjusted EBIT, despite the pronounced weakness of Europe’s replacement tire[Read More…]
BorgWarner has developed the first flex fuelturbocharger made in Brazil for the country’s growing passenger car market. The B01- series turbocharger helps boost performance, improve fuel economy and reduce emissions, enabling automakers to comply with Brazil’s INOVAR-AUTO requirements. Designed for 0.8- to 1.6-liter engines, BorgWarner’s new flex fuel turbocharger will debut with a major global automaker in mid-2015. “Downsized, boosted gasoline engines are already[Read More…]
