The technology company ZF has started the year with a newly formed Board of Management team. Dr. Holger Klein has been Chief Executive Officer of the company starting January 1. Michael Frick, Chief Financial Officer, and Dr. Peter Laier, in charge of Commercial Vehicle and Industrial Technology, are new members of the Board, which has been reduced from seven to[Read More…]
As of 1 January 2015, there will be a new management team at the helm of Messe Frankfurt Istanbul Uluslararası Fuarcılık Ltd. The Messe Frankfurt Executive Board has appointed Işın Sağlam and Tayfun Yardım as Managing Directors of the company. They will take over from Mirko Schubert, who had been overseeing the Istanbul subsidiary and who will return to his position as[Read More…]
Visteon Corporation has completed the first and largest phase of the sale of its remaining automotive interiors business to Reydel Automotive Holdings B.V., an affiliate of Cerberus Capital Management, L.P. Visteon on May 2 announced an agreement to divest the majority of its interiors business to Reydel Automotive, supporting Visteon’s focus on its core automotive cockpit electronics and thermal energy[Read More…]
Dr. Rolf Bulander: “We are entering a market potentially worth billions” Efficiency and driving enjoyment from under 250 cubic centimeters to over 1,000 cubic centimeters Smartphone-based connectivity now an option Bosch is entering the global motorcycle market with new powertrain systems. With its electronically controlled fuel-injection technology, Bosch is making motorcycles around the world more fuel-efficient. “With our new motorcycle[Read More…]
T Murrali With rising competition coupled with ever increasing operating cost the challenge for any component manufacturer to stay afloat is to contain the cost of manufacturing. This is gaining significance since these issues directly hit the bottom line and may even pave the way for organisations to exit the business. However, options to contain variable costs are falling due[Read More…]
Nissan,on 25 July, announced the appointment of Antonio Zara, currently Managing Director, International Sales of General Motors Korea, as President and Managing Director of Nissan Philippines, Inc. (NPI), effective August 1, 2014. (Zara’s official inauguration will be after the Board of Directors Meeting in August.) Zara, a Filipino national, brings extensive automotive experience in sales, service, and marketing to[Read More…]
Tata Motors today launched an innovative, nation-wide campaign to showcase its new, best-in-class Revotron engine as a prelude to the launch of its new cars Zest and Bolt. With many segment-leading features in the engine, the campaign seeks to engage with its customers and create brand awareness for India’s first 1.2 Litre MPFi Turbocharged petrol engine, the Revotron 1.2T. The[Read More…]
YH Park, President and CEO of Halla Visteon Climate Control Corporation (HVCC) received a Bronze Tower Order of Industrial Service Merit at the annual Global Green Management Excellence Award event in Seoul. The event is jointly hosted by the Korean Ministry of Environment and the Ministry of Trade, Industry and Energy. The award is considered as the best in sustainable and[Read More…]
According to OPEC, world demand for oil will rise daily to 108.5 million barrels (one barrel = 159 litres) by 2035. At present, global oil consumption amounts to 90 million barrels a day. In line with this trend, the number of exhibitors from the oil and lubrication sector has risen significantly and round 100 companies have registered to present their[Read More…]
Automotive friction material manufacturer Sundaram Brake Linings, part of the TVS group on Tuesday announced change at its top management. According to the company, K Mahesh has resigned as managing director for personal reasons. However, he will continue as the Chairman of the company. His son, Krishna Mahesh, who is currently the Joint Managing Director, has been appointed as the[Read More…]
