Global automotive supplier Magna International has opened its new seat component manufacturing plant, Magna Seating, in Odaci, Serbia. With a production area of 4,300m2, the new plant marks the company's first production plant in Serbia. ...
Tags: automotive, Manufacturing Plant
A tire (or tyre) is a ring-shaped covering that fits around a wheel's rim to protect it and enable better vehicle performance. Most tires, such as those for automobiles and bicycles, provide traction between the vehicle and the road while ...
Tags: Tyre, Auto Parts, Tire
The average profitability of the global automotive supplier industry remains stable at an astonishingly high level: 6.5% EBIT margin for 2012 and for 2013. The most profitable sectors for suppliers are chassis, powertrain and tires, whereas ...
Tags: economy, Transportation
Once named the “bubble car”, the Isetta turns heads wherever it goes. It gets people’s creative juices flowing, and not just for thinking up nicknames. BASF has created a unique “MySetta” show car based on a ...
Tags: BASF
German automotive supplier Continental has entered into a collaboration agreement with technology giant IBM to develop fully-connected mobile vehicle solutions for car manufacturers globally. At the heart of the agreement is the ...
German automotive supplier Continental has expanded its Chassis & Safety plant in Changshu, China with an investment of €36m, as part of its plan to accelerate its growth in the country. The expansion includes the addition of 7,600m2 ...
Tags: Automotive Supplier, Continental
Global automotive supplier Magna International's subsidiary Magna Powertrain has established a new engine manufacturing facility at the Tianjin Airport Economic Area in China. The new facility, which has a footprint of about 13,500sqm, ...
Tags: Magna, automotive supplier
German automotive supplier Continental has launched a new version of the electric vacuum pump (EVP) for vehicles that reduces CO2 emissions. The EVP is claimed to meet the automobile emission standards that are expected to be imposed by ...
Tags: Continental, Electric Vacuum Pump
German automotive supplier Dr. Schneider Automotive Systems is planning to establish a new plant at Russell Springs, Kentucky in the US with investments of over $29m. The new plant is expected to meet the increasing customer demand and ...
Tags: automotive supplier
Global automotive supplier Magna International has reported 16% increase in sales to $8.96bn during the second quarter that ended 30 June 2013, compared to the corresponding period of 2012. During the second quarter of 2013, the supplier ...
Tags: Magna International, automotive
German aftermarket tuning company Brabus has awarded a tire supply contract to the automotive supplier Continental tires for its high-performance, sports-tuned cars. Under the deal, ContiSportContact 5 P ultra high-performance tires will ...
Tags: Continental, Tyres, Brabus Sports Cars
Automotive supplier Continental has broken ground on the new research and development (R&D) extension building in Singapore. The automotive supplier will invest EUR17.5m in the new extension building to expand its R&D capabilities in the ...
Tags: Continental, R&D Center
Automotive supplier Continental has unveiled a new XL3 solenoid injector that improves combustion process of the gasoline direct-injection (GDI) engines. The new injector has been used by the company in the new turbocharged 1.5L GDI ...
Tags: Continental, Gasoline Engines
Evana Automation Specialists, subsidiary of Phillips Service Industries (PSI), has secured an automotive test and assembly supply contract from the Tier 1 automotive supplier in the US. Under the order, the company will supply a ...
Automotive components supplier Sanluis Rassini is supplying suspension components and rotors for the 2014 model year Chevrolet Silverado and GMC Sierra vehicles under a contract from General Motors (GM). Scope of supply included leaf ...
Tags: GM Vehicles, Sanluis Rassini, trucks