Press Release ZF signs multi-year-supply-agreement with STMicroelectronics for silicon carbide devices ZF gains a leading supplier for silicon carbide technology to reliably fulfil electromobility orders worth more than €30 billion ST’s silicon carbide devices will be integrated in ZF’s future inverter platform, going into series production in 2025 In ST, ZF found a supplier who can produce silicon carbide devices[Read More…]
SKF has signed a significant agreement to supply Volvo Car Corporation with wheel hub bearing units for their future car lines. Stephane Le-Mounier, President, Automotive Market, says, “Working with Volvo Cars in the development of solutions that meet their high demands has been a successful team effort. Our focus is on developing solutions that support high performance and improved energy[Read More…]
RSB Transmissions (I) Ltd signed a Technical Assistance Agreement with Jidosha Buhin Kogyo (JBK), Japan, to manufacture and sell latest state-of-art propeller shaft for SCV/SUV/LCV segment in domestic and export market. The Vice Chairman & Managing Director, RSB Transmissions, S K Beher , inked the agreement for with JBK, Japan, represented by the company President Masatoshi Ito in a special ceremony[Read More…]
Toyoda Gosei Co., Ltd. (“Toyoda Gosei”) and OSRAM GmbH,Germany(“OSRAM”) have extended their agreement which allows the companies to use each other’s patents for specific light emitting diodes (LEDs), including white LEDs, and laser technologies. The original agreement in 2007 allowed both OSRAM and Toyoda Gosei significantly more freedom to develop, manufacture and market new products without fear of unintentional violations[Read More…]
· Acquisition further strengthens Delphi’s high-growth electrical connectors business · Unwired acquisition the second agreement signed this month to significantly enhance company’s electrical/electronic architecture portfolio Delphi Automotive PLC has entered into a definitive agreement to acquire media connectivity module supplier, Unwired Technology LLC,expanding its data and media connectivity capabilities. The acquisition of Unwired follows the recently announced agreement to acquire Antaya Technologies Corp., a[Read More…]
Delphi Automotive PLC has signed a definitive agreement to acquire Antaya Technologies Corp. (“Antaya”), a leading provider of proprietary on-glass connectors, enhancing the company’s portfolio in the rapidly growing automotive electrical connectors business. Antaya is the largest manufacturer of on-glass connectors for the automotive glass industry in North America, with a growing customer base in China and Europe. Antaya also supplies lead-free[Read More…]
In a bid to ignite practical learning among students, Danfoss India, a leading provider of climate and energy solutions signed a Co-Operation Agreement with Vellore Institute of Technology here today. Under this agreement, an Advanced Drives Laboratory will be set up which will provide electric drives for the academic benefit of undergraduate and postgraduate students at VIT which will spur[Read More…]
Federal-Mogul Holdings Corporation today announced that its Motorparts Division has completed the previously announced acquisition of certain business assets of the Honeywell Friction Materials business. The Honeywell Friction Materials business is headquartered in Glinde, Germany, with significant operations in Romania and China. “The acquisition of Honeywell’s friction business substantially strengthens the manufacturing and engineering capabilities of Federal-Mogul Motorparts’[Read More…]
On June 25, Mando, an automotive parts manufacturer under Halla Group, signed a strategic cooperation agreement with GWM. Under the agreement, the two sides will work closely in fields such as steering system, suspension system and braking system. Present at the signing ceremony were both sides’ senior executives including Halla Chairman Chung Mong-won and GWM Chairman Wei Jianjun. According[Read More…]
Meritor, Inc. has announced that ZF Meritor LLC, a joint venture between a Meritor, Inc. subsidiary and ZF Friedrichshafen AG, and Meritor Transmission Corporation have reached a settlement agreement with Eaton Corporation relating to the antitrust lawsuit filed in 2006. Under the terms of the agreement, Eaton has agreed to pay $500 million to ZF Meritor LLC. Meritor will receive[Read More…]
