J Srikant Trailing the revenue trajectory of the auto industry, the auto component industry too recorded its first revenue de-growth…
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Federal-Mogul completes purchase of Honeywell Friction Business
Federal-Mogul Holdings Corporation today announced that its Motorparts Division has completed the previously announced acquisition of certain business assets of…
Read MoreAuto Industry welcomes Union Budget 2014-15
The much awaited Union Budget of the newly-elected government was tabled in the Parliament this morning. Though there was big…
Read MoreAshok Leyland raises Rs 667 crore via Qualified Institutions Placement
Ashok Leyland Ltd, flagship of the Hinduja Group, has raised Rs 667 crores via a Qualified Institutions Placement (QIP). The…
Read MoreVisteon Completes Acquisition of Electronics Business of Johnson Controls
Visteon Corporation today announced that it has completed the acquisition of the automotive electronics business of Johnson Controls, creating one…
Read MoreACMA recommendations for the Union Budget 2014-15
With the hope that the new government will adopt necessary measures to revive the automotive industry in the country, the…
Read MoreHalla Visteon Climate Control signs agreement to acquire majority stake in China JV
Halla Visteon Climate Control (HVCC) has announced that the company has reached an agreement to acquire an ownership stake in…
Read MoreSona Koyo Steering Systems Q4 net down despite increase in sales
Steering Systems manufacturer Sona Koyo Steering Systems Limited has witnessed increase in net sales by 7.2% to Rs 281.9 crore…
Read MoreTop management change in Sundaram Brake Linings
Automotive friction material manufacturer Sundaram Brake Linings, part of the TVS group on Tuesday announced change at its top management.…
Read MoreHero MotoCorp’s Q4 profit skids despite record sales
Hero MotoCorp Limited (HMCL), the world’s largest two-wheeler manufacturer, has reported record sales for the fourth quarter (January-March 2014). Riding…
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