Evatran Receives $1.6M Strategic Investment From Chinese Auto Parts Supplier To Process Wireless Charging Product
China surpassed the United States for the largest electric vehicle (EV) market in the world, by sales volume, in late 2014. According to Navigant Research, the global EV charging market is estimated to be $152.6 million in 2015 and grow to $2.9 billion within a decade, as demand for EVs continues to increase globally.
PSA Presents Best Plant Award To Dayco
The Dayco belt manufacturing plant in Chieti, Italy, is recognized for the second straight year.
Autopartners Participacoes SA Signs Agreement To Purchase Affinia Automotiva Brazil
The transaction, which is subject to regulatory approval and customary closing conditions, is expected to close in the second half of this year.
LINE-X Launches Protective Coatings Master Franchise In Australia
With a new master franchise in Australia, LINE-X’s network continues to grow, with locations in more than 60 countries. The company plans to launch five pilot stores across each state as LINE-X further develops the Australian model.
Remanufacturing Is Part Of The G7 Summit Declarations
The Automotive Parts Remanufacturers Association (APRA), along with international associations CLEPA, FIRM and VDA, were able to include the term/topic “Remanufacturing” in the official G7 documents. The sustainable and continuous lobbying efforts of the last couple of years have been successful, the associations reported.
Scientists Awarded In ‘Natural Rubber From Dandelion’ Project
Leading scientists involved in a project titled “RUBIN – Industrial Emergence of Natural Rubber from Dandelion” have been awarded the prestigious Joseph von Fraunhofer Prize for their research on the Russian dandelion and the development of car tire prototypes based on dandelion rubber.
Auto Care Association Participates In Turkish Aftermarket Conference
Turkey’s position at the crossroads of Europe and Asia, and Turkey’s Customs Union agreement with the EU make it an ideal location to penetrate markets in the region.
Affinia Group To Sell Brazilian Operations Of Its Affinia South America Business
Steven Klueg, senior vice president and chief financial officer for Affinia, said the proceeds of the sale will be used to reduce the company’s debt levels and further strengthen its balance sheet.
US Department of Commerce To Offer Free Program At NACE | CARS On Global Business Opportunities
The Global Market Insights session will be presented in a briefing format from 7:30-9:30 a.m. on Thursday, July 23 in room 359. This will provide participants with the opportunity to hear from U.S. Embassy Commercial Specialists on how they track the automotive products and service equipment market trends in their respective countries.
Dayco Recognized By Caterpillar For Quality Excellence
The award, presented to the Dayco belt tensioner and idler pulley manufacturing facility in Wujiang, China, recognizes suppliers that have achieved Caterpillar Quality Management System supplier certification.
Tower International Earns Ford’s Top Global Supplier Manufacturing Award
Tower’s Bellevue, Ohio, factory received a Gold Award for supplier manufacturing sites that demonstrated superior quality, delivery and cost performance throughout the year.
Shell Chosen As BMW Group’s Recommended Oil Supplier For Aftermarket Engine Oils
Shell premium engine and motorcycle oils will be supplied for BMW service fills in more than 140 countries later this year.
