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…]
Active Kinematics Control (AKC): Toe angle modifications at the rear axle assist steering angle of passenger cars Increased driving dynamics and safety Integration with other active systems possible Electric actuators make the system energy-efficient Steerable rear axles, which assist the steering angle of the front axle, have been on the automotive industry’s agenda for many years. This technology can improve[Read More…]
Ford President and CEO Mark Fields outlines Ford Smart Mobility plan during International CAR Symposium in Bochum, Germany, and announces new research collaborations driving innovative thinking in mobility and autonomous vehicles Ford partners with RWTH Aachen University to study innovative business models and customer expectations during the two-year Personal Mobility Experience Innovation project Ford also contributes to the UK Autodrive[Read More…]
Hyundai reveals first UK dealerships to feature new global identity New concept features warm bronze exterior tones, airy and sophisticated interior Every UK dealers to feature new look by the end of 2017, all 6,000 global dealers by 2018 Hyundai Motor UK has revealed the first UK dealerships to feature the company’s new global dealer branding. The significant change reflects[Read More…]
