Auto parts manufacturer Johnson Controls has entered into a definitive agreement with Visteon to offload its automotive electronics business for $265m. As a part of the deal, Visteon will acquire Johnson Controls' instrument cluster, ...
Tags: Automotive Electronics, Visteon
German carmaker Audi has opened a Research & Development (R&D) Center in Beijing, China to strengthen its innovations in Asian region. The center is spread across an area of 8,000sqm and houses aboratories, prototype and R&D workshops. ...
Tags: carmaker, Audi, R&D Center
PTI reported that Auto components supplier Continental, which aims to double its revenue from this market by 2016, it will be providing electrical and electronics car body components for Mahindra's electric car Reva NXR, which is expected ...