Global Aftermarket
Schaeffler’s Electromechanical Active Roll Control System Wins German Innovation Award

Accenture, EnBW, Evonik and WirtschaftsWoche magazine established the “German Innovation Award” initiative in 2010 to recognize outstanding, trend-setting advancements by German companies whose innovative capacity changes business and markets.

Robert Bosch Venture Capital Sets Up Fund To Focus On Disruptive Start-ups

Bosch CEO Dr. Volkmar Denner (pictured): “Robert Bosch Venture Capital successfully shapes the innovation leadership of Bosch through valuable connections to the start-up ecosystem.”

Axalta Inaugurates Expanded Resin Production Facility In Mexico

The entire Tlalnepantla facility operates under an “Industria Limpia” (“Clean Industry”) designation in recognition of its efforts to reduce the environmental impact of coatings production. The entire project was completed in only 14 months – on time and on budget.

China Automotive Systems Wins China’s Highest Product Quality Award

China Automotive Systems’ main subsidiary, Hubei Henglong, has won the highest award for product quality issued by the Chinese government.

LIQUI MOLY Recognized As Germany’s Favorite Brand Of Oil

LIQUI MOLY CEO Ernst Prost also gave each of his employees a bonus of €3,630 (approximately $4,130.94 USD), pulled from the company’s surplus, due to record figures for fiscal year 2015.

Taiwan’s Unique 4-in-1 Automotive, Motorcycle Shows Kick Off In Taipei

The combined shows – Taipei International Auto Parts & Accessories Show (AMPA), Taipei International Automobile Electronics Show (AutoTronics Taipei), Taiwan International Electric Vehicle Show (EV Taiwan) and the Taiwan International Motorcycle Industry Show – are taking place at the Nangang Exhibition Center and the Taipei World Trade Center.

Trelleborg To Sell Shares Of TrelleborgVibracoustic To Freudenberg

The transaction, subject to signing of a final agreement and approval from relevant authorities, is expected to be complete in the second quarter of 2016.

Autoliv And Nissin Kogyo Form Autoliv-Nissin Brake Systems

The company says the joint venture is an important milestone in Autoliv’s strategy to be a leader in safety systems for the future car market, as well as autonomous driving.

Dayco To Conduct Technical Seminars At Mechanex Shows In The UK

Glen Goldstone, national technical manager for Dayco in the U.K., will address the proper troubleshooting of timing and auxiliary belt systems and will speak at Mechanex events in North London, Manchester, Donington Park and Sandown Park.

Swedish Company Opens Automotive-Focused R&D Lab In Detroit, USA

Sapa’s automotive customers include OEMs such as Ford, General Motors, BMW, Jaguar, Land Rover and Tesla, as well such Tier 1 suppliers as MAHLE, Benteler, Panasonic and TI Automotive.

From Sales To Services: The 2016 Outlook For The Latin American Passenger Vehicle Market

In the wake of declining vehicle sales, the automotive value chain in Latin America has started to realign strategies beyond the product and more toward including a focus on different services, such as financial services, connected services, aftermarket e-commerce, mobility-related services and customer relationship management.

Mahindra Chairman Among Top 30 Global CEOs On Prestigious Barron’s 2016 List

Mahindra joins 29 global leaders, including Amazon’s Jeff Bezos, Walt Disney’s Robert Iger, Alphabet’s Larry Page and Berkshire Hathaway’s Warren Buffet, on the annual list.