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Nissan to Sell Stake in Auto Parts Supplier Calsonic Kansei to KKR

Nov 29, 2016

Nissan Motor has agreed to divest its 41% stake in Japanese auto parts firm Calsonic Kansei to private equity firm KKR for JPY498.3bn ($4.5bn). This deal is being regarded as one of the largest deals in Japan, particularly in the ...

Tags: Nissan Motor, KKR

Future Is Bright for Electric Cars Amid Fluctuating Gasoline Prices and Huge Investments

Mar 10, 2015

The future looks bright for electric cars in China amid rapidly fluctuating gasoline prices and huge investments by the government to promote use of clean energy, industry sources said on Monday. However, inadequate battery technologies ...

Tags: Electric Cars, Battery Production

Leshi to Apply for a License to Manufacture and Sell Electric Vehicles in China

Dec 15, 2014

Leshi Internet Information & Technology founder Jia Yueting is planning to apply for a license to manufacture and sell electric vehicles (EV) in China. Leshi Internet makes web-enabled televisions and has already made an electric car, ...

Tags: Leshi, Electric Cars

An Advanced Talks Was Maken to Acquire TI Automotive by Bain Capital

Nov 15, 2013

Bain Capital is in advanced discussions over the acquisition of auto parts supplier TI Automotive in a deal valued at nearly $2bn. Bain Capital is in advanced discussions over the acquisition of auto parts supplier TI Automotive in a deal ...

Tags: TI Automotive, Bain Capital

German Auto Parts Supplier Bosch Has Developed a New System

Sep 2, 2013

German auto parts supplier Bosch has developed a new system it says closes the gap between manual and automatic transmissions. Dubbed eClutch, the system is based on an electronically controlled clutch that works to decouple the ...

Tags: Manual Hybrids, Bosch

GWM Has Signed a Cooperation Agreement with Germany Based Kostal

Jul 3, 2013

Chinese automobile manufacturer Great Wall Motors (GWM) has signed a cooperation agreement with Germany based automotive electronics supplier Kostal. Under the deal, the companies will jointly produce traditional electromechanical ...

Tags: Great Wall Motors, Kostal

Wei Shitong Net Profit up 25% in Q4, 2012

Mar 5, 2013

American auto parts supplier Wei Shitong announced recently, the company made up deficits and increase surpluses in the fourth quarter last year, and the net profit was up 25% year on year in 2012. In the fourth quarter last year, Wei ...

Tags: Wei Shitong, Net Profit, Q4, 2012

BMW Cooperates with Continental to Develop Unmanned Vehicles

Mar 5, 2013

BMW Group and auto parts supplier Continental AG are developing unmanned vehicles. The main purpose of the research collaboration is to prepare for the 2020 autopilot technology application. Bilateral cooperation project starts from early ...

Tags: BMW, Continental, vehicles

Tianhe Sales Grew 1.2% Y-O-Y in 2012

Feb 26, 2013

Auto parts supplier Tianhe Group announced the financial returns in 2012 recently. Tianhe’s cumulative sales reached 16.444 billion US dollars in 2012, up 1.2% year on year compared to 16.244 billion US dollars of 2011. The ...

Tags: Tianhe, sales, 2012

A Eur150m Loan for Upgrade Facilities Has Been Received by Gestamp Automocion

Feb 16, 2013

Spanish auto-parts supplier Gestamp Automocion has received a EUR150m loan from the European Bank for Reconstruction and Development (EBRD) to upgrade its facilities in Russia, Poland, Hungary and Turkey that supply assembly lines set up by ...

Tags: auto-parts supplier, Gestamp Automocion, car makers

Peugeot Citron Has Announced a New Hybrid Vehicle Concept

Jan 24, 2013

French carmaker PSA Peugeot Citron has unveiled a new hybrid vehicle concept incorporating a gasoline internal combustion engine along with compressed nitrogen propulsion. Aimed at reducing the cost of cutting emissions to half, ...

Tags: carmaker, PSA Peugeot Citron, hybrid vehicle concept

Hyundai Mobis Has Set out to Product at Its CBS Plant in Slovakia

Dec 25, 2012

Korea-based auto parts supplier Hyundai MOBIS has begun production at its Conventional Brake Systems (CBS) plant in Slovakia. The plant built on the module plant site covers an area of 3,170m2 with production capacity of 600,000 CBS parts ...

Tags: CBS Plant, Hyundai MOBIS, Slovakia, Auto Parts

Global Demand for Auto Parts in The Fourth Quarter Is Expected to Be Strong

Nov 19, 2012

Global demand for auto parts in the fourth quarter, the traditional high season, is expected to be strong, especially amid bad weather in North America. Tong Yang Industrial Co., Ltd., a major auto-parts supplier in Taiwan, announced ...

Tags: Industry Trends, Fasteners

Wei Yeh Sheng Seasoned Auto-Parts Manufacturer Based in Taiwan

Sep 6, 2012

Established in 1980,Wei Yeh Sheng Co.,Ltd.is a major,seasoned auto-parts manufacturer based in Taiwan with an overseas plant in China,being ISO 9001-certified and with its Chinese factory TS 16949 approved. With long-term investment in ...

Tags: auto part, manufacturer, Taiwan

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