Business Line reported that Mahindra and Mahindra Ltd is buying out Navistar Group's stake in two of its subsidiary JV companies for approximately INR 175 crore. Following the buyout,Chakan based Mahindra Navistar Automotives Ltd and ...
Tags: M&M, stake, Navistar Group
Mr Bo Andersson president and CEO of GAZ Group which is a part of Basic Element one of the Russia’s largest diversified industrial groups, has been honored with the 2012 Automotive Supply Chain Outstanding Achievement award 2012. ...
Tags: ASCOA Award, GAZ, vehicle industry
US-based automaker Chrysler has awarded a multi-year contract to Wabco, a tier-one supplier to the commercial and automotive vehicle industry, to deliver vacuum pump technology to be equipped in its passenger cars in North America, Europe ...
Tags: Chrysler, commercial and automotive vehicle, vacuum pump, passenger cars
Meritor Wabco has equipped its anti-lock braking system(ABS)on two of Navistar's class 8 trucks that are now standard equipment on the International ProStar and the LoneStar. Both Navistar trucks will join more than seven million Meritor ...
The sale of electric vehicles (EV) in China is expected to reach 500,000 units by 2015 and to 5 million by 2020, according to a report. Research and Markets' "China Electric Vehicle Industry Report, 2012" report revealed that the rise in ...
Wabco, a tier-one supplier to the commercial vehicle industry, has signed a long-term supply agreement with Daimler Trucks North America (DTNA), to supply air disc brakes. Under the agreement, Wabco will deliver its MAXXUS air disc brake ...
Tags: wabco, commercial vehicle, daimler trucks north america, air disc brakes
Electric vehicle(EV)sales in Central and Eastern Europe(CEE)region is expected to cross 60,000 by 2017,according to a new report. Frost&Sullivan's new analysis,'360 Degree Perspective Of The Central And Eastern European Electric Vehicle ...
Tags: EV, Europe, charging station
Wabco Holdings, a global technology leader and tier-one supplier to the commercial vehicle industry, has reported sales of $657m for the first quarter of 2012, up 0.5% in local currencies when compared to corresponding quarter previous year ...
Tags: wabco holdings, commercial vehicle, marginal rise, Q1 sales
Wabco, a tier-one supplier to the commercial vehicle industry, has received a contract from European commercial trailer manufacturer, KÕgel, to deliver TrailerGUARD fleet management system. The company's TrailerGUARD ...
Haldex has inked a new long term agreement (LTA) with a global truck manufacturer to supply its automatic brake adjuster (ABA) globally over a five year period. The company has signed the agreement with global truck manufacturer for the ...
Tags: automatic brake adjuster, haldex, global truck, commercial vehicle
Wabco Holdings, a global technology leader and tier-one supplier to the commercial vehicle industry, has reported sales of $ 635m for the second quarter of 2012, a decrease of 4.5% in local currencies compared to corresponding quarter ...
Tags: commercial vehicle, Wabco Holdings, earnings per share, operating income
ALTe Powertrain Technologies has signed a $200m joint venture agreement with MESA Century New Energy Technology to increase adoption of plug in electric and hybrid powertrain technology in the worldwide fleet vehicle industry. The new JV, ...
Tags: electric and hybrid powertrain, fleet vehicle, medium duty bus
A number of automotive companies have ventured into the development of electric vehicles to solve the problems related to the environment and energy consumption that come with the use of internal combustion vehicles.On the cusp of a ...
Tags: Traction Motors, Industrial Equipment, Processing Machinery
Accuride Corp., Evansville, Ind., expects to make investments of approximately $75 million in 2012 to increase aluminum wheel production capacity and update Gunite Corp., a ferrous metal casting facility serving the trucking industry. ...
Tags: market View, casting, Accuride Corp, aluminum wheel
The following is the text of Canada's wholesale trade report for September from Statistics Canada. Wholesale sales increased for a fifth consecutive month in September, rising 0.3% to $48.7 billion. Wholesale sales increase in September In ...
Tags: market view, finance