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UK Unveils £390m of Funding for Autonomous Vehicles

Nov 29, 2016

The UK Government has unveiled £390m of funding to support the development of low emission vehicles and autonomous vehicles. The announcement was part of UK finance minister Philip Hammond's first budget speech in the Parliament. ...

Tags: Autonomous Vehicles, EV

ZF Increases Profitability in The First Half of 2016

Aug 15, 2016

Friedrichshafen. ZF Friedrichshafen AG has continued its good business development in the first half of 2016. In the first six months of 2016, sales increased to €17.8 billion and the adjusted operating profit (EBIT) rose to €1.1 ...

Tags: ZF, EBIT margin

China Auto Sales to Resume in 2016: Fitch

Nov 24, 2015

Sales growth in China's auto market will resume in 2016 after having stagnated since 2015, while automakers' margins will narrow due to fiercer competition, Fitch Ratings predicted Tuesday. Reduced purchase taxes and recovering consumer ...

Tags: auto market, SUVs

Beiben Heavy-Duty Truck V3 Long-Distance Locomotive 118th Canton Fair

Nov 2, 2015

In an effort to promote its brand image and public recognition as well as explore new markets both at home and abroad, Beiben Heavy-duty Truck Group Co., Ltd. Attended 118th Canton Autumn Fair held at China Import & Export Commodity ...

Tags: Heavy-Duty Truck, Beiben

NXP Semiconductors and NTU Set up Smart Mobility Test Bed

Apr 13, 2015

Singapore's Nanyang Technological University (NTU) has selected NXP Semiconductors to set up a S$22m ($16.2m) smart mobility test bed at the campus, to accelerate introducing life-saving vehicle communications. The move will support ...

Tags: NXP Semiconductors, life-saving vehicle

Retail Sales During The Black Friday to Christmas Eve Period

Dec 30, 2014

Overall, retail sales during the Black Friday to Christmas Eve period excluding automotive sales increased 5.5 percent in 2014, according to Mastercard Spendingpulse’s initial view on the 2014 U.S. holiday shopping season. The ...

Tags: shopping season, economic indicators, Sporting Goods

Automotive Suppliers Will Quality Check More Than 300 Million Airbag-Inflator Systems

Dec 22, 2014

Automotive suppliers will quality check more than 300 million airbag-inflator systems using sophisticated helium- and hydrogen-based leak-detection technology in 2015. Frontal airbags have reduced fatalities in frontal crashes by up to 25 ...

Tags: Detection Technology, Airbag, Auto

Umicore to Construct a New Facility in Hemaraj, Thailand

Dec 17, 2014

Belgium based materials technology company Umicore is planning to construct a new facility in Hemaraj, Thailand which will produce emission control catalysts for light duty vehicles. The company is expected to invest around €20m at ...

Tags: emission control catalysts, light duty vehicles, Auto

Sales of Passenger Cars and Commercial Vehicles in Turkey Decreased by 19.25%

Oct 15, 2014

In the January-September period of this year, sales of passenger cars and commercial vehicles in Turkey decreased by 19.25 percent year on year to 473,498 units, according to the statistics released by the Turkish Automotive Distributors ...

Tags: Automotive Sales, passenger cars

ZF Friedrichshafen Has Bought TRW Automotive, Based in Livonia

Sep 23, 2014

FRIEDRICHSCHAFEN, Germany -- ZF Friedrichshafen has bought TRW Automotive, based in Livonia, MI, creating a huge powerhouse in the first-tier automotive supplier world with combined sales of more than C$42 billion and 138,000 employees ...

Tags: ZF, TRW, Accessories

Sales of Passenger Cars and Commercial Vehicles in Turkey Decreased by 21.49%

Sep 9, 2014

In the January-August period of this year, sales of passenger cars and commercial vehicles in Turkey decreased by 21.49 percent year on year to 406,967 units, according to the statistics released by the Turkish Automotive Distributors ...

Tags: Automotive Sales, passenger cars, commercial vehicles

Sales of Passenger Cars and Commercial Vehicles in Turkey Decreased by 23.51 Percent Y-O-Y

Aug 6, 2014

In the first seven months this year, sales of passenger cars and commercial vehicles in Turkey decreased by 23.51 percent year on year to 346,768 units, according to the statistics released by the Turkish Automotive Distributors Association ...

Tags: Passenger Cars, Commercial Vehicles, Vehicles

BPI Announced The Roles and Responsibilities of Its Sales and Marketing Departments

Feb 24, 2014

Brake Parts Inc LLC (BPI) announced that the roles and responsibilities of its Sales and Marketing departments have been integrated to shift organizational alignment to be more receptive to customer’s changing needs. Bruce ...

Tags: BPI Revamps, Auto Parts

ELGIN Has Named Tom O'brien President of Its Vehicle Service Market

Feb 10, 2014

ELGIN,Ill.--SKF has named Tom O'Brien president of its vehicle service market for the North American business unit. He replaces Mike McGrath,who passed away in October.O'Brien has served as vice-president of automotive sales for SKF ...

Tags: SKF, valve, skf valve

Automotive Sales in China Are Expected to Reach 23.74-24.18 Million Units for 2014

Feb 10, 2014

Due to the positive results for China's domestic auto sales in 2013 (21.98 million units, up 13.9 percent year on year), automotive sales in China are expected to reach 23.74-24.18 million units for 2014, up 8-10 percent year on year, as ...

Tags: domestic auto sales, auto sales

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