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automotive component
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Automotive Technology Firm Protean Electric Secures $40m New Equity Financing
Jun 11, 2018Automotive technology company Protean Electric has completed a $40m equity investment as the initial closing of its Series E funding round. The investor group is led by Weifu High-Technology Group, a leading diversified automotive ...
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New Automotive Order Results in Better Growth for Voestalpine in US
Aug 25, 2016The technology and capital goods group voestalpine plans to increase its revenue in the NAFTA region from the present EUR 1.2 billion to EUR 3 billion by 2020. A new %500m order for its automotive sector brings the company one step closer ...
Tags: voestalpine, NAFTA
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LeddarTech Unveils Solid-State LiDARs IC Roadmap for Autonomous Driving
Jul 5, 2016LeddarTech unveiled key insights about its LeddarCore IC roadmap, which can enable low-cost, high-performance solid-state LiDARs for multiple automotive safety applications—from ADAS to autonomous driving. During the Sensors EXPO ...
Tags: Autonomous Driving, LeddarCore ICs
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Tenneco's Suspension Technology to Feature on New BMW 3 Series
Apr 5, 2016Automotive component maker Tenneco will deliver its Monroe intelligent suspension to the new BMW 3 Series, adding another major automaker to its growing list of customers. Tenneco's product will feature in the new BMW 3 series as part ...
Tags: Tenneco, Monroe suspension, BMW 3 Series
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Omron Pleads Guilty In Automotive Component Bid Rigging Case, To Pay $4.6m Fine
Mar 22, 2016Japanese Omron Automotive Electronics (OAE) has agreed to plead guilty and pay $4.6m fine for its involvement in rigging bids for power window switches in Honda Civics, the US department of justice (DoJ) said. The justice department said ...
Tags: OAE, Bid rigging case
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Eldor To Build Its First Automotive Component Plant In US
Mar 18, 2016Italian automotive component manufacturer Eldor will invest about $75m in the Botetourt County of Virginia, US. The plant will create 350 jobs in the region which will be Eldor's first plant in the country. The company manufactures ...
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AUTO EXPO INDIA
Feb 4, 2016The Auto Expo, over the last several years has grown tremendously in size and transformed itself into a global event. Owing to the tremendous growth of Auto Expo, the Asia’s largest automotive show jointly organized by ...
Tags: Footprints
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Cooper-Standard Has Completed The Purchase of Huayu Automotive System's Shares
Mar 3, 2015Automotive component supplier Cooper-Standard has completed the purchase of Huayu Automotive System’s shares in Huayu-Cooper Standard Sealing Systems, the company’s Chinese joint venture. The purchase has made Cooper-Standard ...
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Australian Automotive Component Manufacturers Remain Steadfastly Opposed to The Bill
Oct 13, 2014Australian automotive component manufacturers remain steadfastly opposed to the federal government’s intention to cut $500 million of funding from the Automotive Transformation Scheme over the next three years and the proposed early ...
Tags: Automotive Bill, Automotive
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Government's Budgetary Measures Will Have on The Automotive Component Sector
Aug 27, 2014The Productivity Commission’s final report into Australia’s automotive manufacturing industry neglects the profound effect the implementation of the government’s budgetary measures will have on the automotive component ...
Tags: Automotive Industry, Budget Victim, Service
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TCL Has Been Appointed as The National President of The EFI
Aug 13, 2014Mr R Mukundan, managing director, Tata Chemicals (TCL), has been appointed as the National President of the Employers’ Federation of India (EFI), one of the bodies representing India at the International Labour Organisation (ILO) in ...
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Automotive Industry Playing an Increasing Role in The Optoelectronic Component Market
Aug 5, 2014The optoelectronic component market has been dominated by a number of applications in recent years. For LEDs, backlighting and the emergence of solid state lighting are the main applications. In the optocoupler and photo relay markets focus ...
Tags: automotive component, Lights, Lighting, Optoelectronic Component
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WSA AND Venture Asean Establish a New JV Company in Malaysia
Feb 27, 2014WSA Capital and Australia-based Venture Asean have established a new joint venture (JV) company, WSA Venture Australia (M), to produce automotive component parts in Malaysia. These parts will exported to Australian, Asian and global ...
Tags: Automotive Parts, WSA Group
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ThyssenKrupp Opened a Factory in This Southwest City to Produce Springs and Stabilizers
Dec 25, 2013German supplier ThyssenKrupp opened a factory in this southwest city to produce springs and stabilizers. The plant will produce up to 3 million springs and 1.5 million stabilizers annually.ThyssenKrupp formed a 60-40 joint venture with ...
Tags: Thyssenkrupp, new factory, China
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The LED Automotive Lighting Industry Has Seen Continued Growth in 2013
Nov 26, 2013Specializing in the LED automotive lighting niche market and LED commercial lighting market, Laster Tech has benefitted from the continued growth of the Chinese automotive market. With more and more automobiles utilizing LED lights, the LED ...
Tags: Laster 2013, LED Automotive Market
