Valvoline Inc. Reports Preliminary Financial Results For 4th Quarter Of Fiscal 2016
Valvoline also announced that it completed an initial public offering of 34.5 million Valvoline Inc. shares on Sept. 28 at $22 per share, raising $759 million in equity capital.
Lectra Continues To Expand In Fast-Growing Airbag Market In East Asia
Lectra announced that South Korean automotive component supplier Dual has purchased a FocusQuantum laser airbag cutting project for its multi-ply airbag manufacturing plant in Jiangyin, China.
MANN+HUMMEL Inaugurates Global Industrial ‘Internet Of Things’ Lab In Singapore
MANN+HUMMEL says the lab will be an integral part of the company’s research and development blueprint in developing and delivering smart technologies in the filtration marketplace.
MEYLE ORIGINAL Introduces Full-Service Tripod Joint Kits For VAG Models
The company says the full-service MEYLE tripod joint kits allow independent workshops to perform cost- and time-effective tripod joint repairs, supplying all required parts matched to one another in a single box.
Ficosa Opens A New State-Of-The-Art Plant In Tennessee
With an investment of more than $50 million, the new plant is equipped with the sector’s latest technology, becoming the most advanced in Ficosa’s global portfolio.
PPG Wins First-Ever Global Design Award From Groupe Renault
While Renault suppliers were honored in many categories, PPG was the only one to earn the global honor, recognizing its development of the unique Rouge Flamme finish used exclusively by the carmaker.
Asia Pacific Remains A Growth Region For Bosch
Bosch plans to have 120,000 associates in Asia Pacific by the end of 2016. Peter Tyroller, the member of the Bosch board of management responsible for the region, will talk about this at the 14th German Industry Asia Pacific Conference (APK) taking place Nov. 3-5 in Hong Kong.
New Partnership Between RAI Amsterdam And APRA
This vision for the future of ReMaTec led to separation between RAI and APRA for their U.S. activities related to BigR/ReMaTecUSA.
CAPA And Intertek Bring Certification Program For Aftermarket Auto Parts To China
Prior to Jan. 1, 2015, only OEM replacement parts could be used for insurance-based repairs in China. Recently, the market opened up to aftermarket parts – made by independent manufacturers – provided they are certified to be comparable to those made by the OEM.
Goodyear Expands Tire Factory In China
When completed in 2020, the expansion will increase the plant’s capacity by about 5 million tires a year, enabling Goodyear to meet the strong and growing market demand for premium, large-rim-diameter consumer tires in China and the Asia Pacific region.
JAMA-CLEPA Business Summit 2016 Celebrates EU-Japan Relations
The Japan Automobile Manufacturers Association (JAMA) and CLEPA share a long track record of close cooperation on a range of automotive policy issues, business partnerships and technical harmonization.
CDTi And SPMH Form Strategic Alliance To Commercialize Advanced Materials Technology In China’s Fast-Growing Market
The two companies have signed a Memorandum of Understanding to build a strategic cooperation for CDTi’s Advanced Material Technology to be integrated into Chinese markets.
