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Dana Introduces Aluminum Cooling Solutions for EV, Hybrid Vehicles

Dana Holding Corporation has announced the introduction of a new aluminum cooling technology for electric and hybrid vehicles. Specifically, the company is utilizing the efficiency of aluminum in its Long brand of integrated cooling plates that enhance heat transfer of insulated gate bipolar transistor (IGBT) switches.  This newest addition to Dana’s robust thermal-management portfolio provides customers with optimized, compact cooling components[Read More…]

Yokohama India starts commercial production at its India plant

Yokohama India starts commercial production at its India plant

Yokohama India, the fully-owned Indian arm of Yokohama Rubber Corporation, today inaugurated the first phase of commercial production at its India plant. The plant, based in Bahudargarh in Haryana, is the company’s first production unit in the country. Trial production at the plant had started in February this year. Spread across an area of nearly 25 acres, the plant will have a[Read More…]

Jaguar Land Rover opens its state-of-the-art Engine Manufacturing Centre

FUTURE-PROOF – AN INTRODUCTION TO THE ENGINE MANUFACTURING CENTRE The opening of the state-of-the-art Engine Manufacturing Centre is a seminal moment for Jaguar Land Rover as it embarks on manufacturing engines in-house for the first time in a generation, confirming its position as the UK’s most significant automotive investor. The Engine Manufacturing Centre will be home to the ‘Ingenium’ engine[Read More…]

Goodyear reports record results

Record third quarter segment operating income of $520 million, up 21%  Record North America third quarter earnings up 30% to $210 million  Europe, Middle East and Africa third quarter earnings up 57% to $181 million  Year-to-date segment operating income of $1.4 billion, up 17%  Company expects 2014 earnings growth near high end of 10% – 15% range  Company reaffirms 2014-2016[Read More…]

Eaton reports record operating earnings per share of $1.29, Up 15 percent

Power management company Eaton Corporation plc has announced that operating earnings per share, which exclude charges of $0.03 per share to integrate recent acquisitions, were a record $1.29 for the third quarter of 2014, up 15 percent over the third quarter of 2013. Sales in the third quarter of 2014 were $5.7 billion, 2 percent above the same period in[Read More…]

SKF meets powerful performance demands for wheel bearings in SUVs

SKF is supplying Daimler with wheel hub bearing units, for front and rear wheels, to their new small SUV Mercedes-Benz GLA. Tryggve Sthen, President, SKF Automotive says, “We have been delivering solutions to Daimler for many years now. It is always great to see new vehicle models, equipped with solutions from SKF. This latest crossover is an appealing model for[Read More…]

ESP mandatory in the EU from November 1, 2014: Bosch invention saves thousands upon thousands of lives

ESP mandatory in the EU from November 1, 2014: Bosch invention saves thousands upon thousands of lives

  Effective November 1, 2014, ESP will be mandatory for all newly registered passenger cars and light commercial vehicles Since its introduction, ESP has prevented 190,000 accidents and saved more than 6,000 lives across Europe Bosch has manufactured 100 million ESP systems since series production began in 1995 While 84 percent of all new vehicles in Europe were equipped with[Read More…]

Mitsubishi Electric announces difference between earnings forecast and actual results

Mitsubishi Electric Corporation announced on 30 October the difference between its consolidated earnings forecast previously announced on July 30, 2014 and the actual results for the first half of the current fiscal year, from April 1, 2014 ended September 30, 2014. The company has also revised its consolidated earnings forecast for fiscal 2015, from April 1, 2014 ending March 31,[Read More…]

Shell: Appointment of new Chairman

The Board of Directors of Royal Dutch Shell plc (the ‘Company’) is pleased to announce the appointment of Charles O. Holliday as Chairman with effect from the conclusion of the 2015 Annual General Meeting (‘AGM’), subject to his re-appointment as a Director of the Company by shareholders at the AGM. Holliday will succeed Jorma Ollila who will step down from[Read More…]

BASF and TODA KOGYO CORP. agree to form a joint venture for cathode active materials in Japan

BASF, the world’s leading chemical company, and TODA KOGYO CORP., an industry leader in the development and manufacture of cathode materials for lithium-ion batteries, have agreed to form a joint venture for cathode active materials (CAM) in Japan. Under terms of the agreement, BASF will acquire a 66% ownership stake in the new venture, with TODA KOGYO CORP. holding a[Read More…]