Magna International has inked a pact to purchase automotive transmissions supplier Getrag Group of Companies (Getrag) in a deal valued at 1.75bn Eur. Likely to close by this year-end, the transaction for the 100% equity incorporates ...
Tags: automobile manufacture, company acquision, Getrag Group
Automotive giant BMW and global energy firm Total have jointly opened a hydrogen station, armed with a first-of-its-kind, two-mode refueling system, at Detmoldstrasse, Munich, in Germany. With this, the European HyFIVE project's South ...
German transport and logistics contractor Sostmeier has inducted 40 Mercedes-Benz Actros 1843 semitrailer tractors as part of its modernization drive for fleet expansion. Sostmeier managing partner Wilfried Sotta said: "The vehicles ...
Tags: automobile manufatcure, Sostmeier, semitrailer tractors
Microcontrollers and automotive semiconductor firm Renesas Electronics Corporation, has entered into a strategic tie-up with automobile major Audi under Audi Progressive SemiConductor Program (PSCP) with a view to promoting innovation for ...
Tags: automobile manufacture, auto parts, automotive semiconductor
Japanese automotive test systems firm Horiba has acquired the vehicle engineering, research and product testing business of UK-based Mira, extending its portfolio to next generation mobility. The new entity, henceforth known as Horiba ...
Tags: automobile manufacture, auto parts, auto accessories, Horiba
US vehicle manufacturing firm Local Motors has unveiled the design ‘Reload Redacted - Swim/Sport’ which is not only the winner of the contest Project Redacted but also the foundation for the world’s first-of-its-kind ...
Tags: automobile manufacture, Local Motors, auto accessories
International Truck, an arm of Navistar International, has begun the output of its first WorkStar vocational trucks armed with the 6.7-liter Cummins ISB6.7 engine, which is also available as an option with International DuraStar medium-duty ...
Tags: DuraStar, Truck, medium-duty truck
American private investment firm Bain Capital has completed acquiring UK-based automobile fluid storage firm TI Automotive. TI Automotive president, CEO and chairman of the board Bill Kozyra, who will go on discharging his current ...
Tags: TI Automotive, fluid storage, Bain Capital
Daimler Trucks North America (DTNA) has received the ‘Distinguished Achievement Award’ of the US Department of Energy. With this prestigious award, the Department has recognized the commitment and results of the SuperTruck ...
German automobile major BMW has notched up International Engine of the Year Awards at Engine Expo 2015 in Stuttgart, in recognition of its 1.5-litre three-cylinder electric-gasoline hybrid powertrain installed in the BMW i8. In its stride ...
Tags: BMW, International Engine
German automobile major Audi braces for the exit of one of its prominent staff members heading engine development amid mounting competition from other automakers and its drive for electric cars. Stefan Knirsch, who was at the helm of ...
German automobile manufacturer Opel is set to launch its new engine, armed with 1.4 ECOTEC Direct Injection Turbo, at the International Motor Show in Frankfurt, Germany, in September. The engine, which has a four-cylinder turbocharged ...
Tags: Opel, Engine, International Motor Show
German automobile major Opel has revamped its soft-top cabriolet Cascada with new turbo diesel engine found in models such as Insignia and Zafira Tourer. The four-seater vehicle with the soft-top, capable of opening in 17 seconds while ...
Tags: Opel, Turbo Engine
Automobile major Ford has geared up to produce around 40,000 extra units this year by cutting down its traditional two-week summer shutdown to one for its five manufacturing units in the US. The decision comes in the wake of customer ...
Tags: Ford, Auto, Car, Automobile
Ford announced today the most powerful naturally aspirated road-going engine in its history. The all-new Ford 5.2-liter flat-plane crankshaft V8 will produce 526 horsepower and 429 lb.-ft. of torque in Shelby GT350 Mustang and Shelby GT350R ...