New CAR Study Estimates Effects of a Free Trade Agreement with Japan On the U.S. Auto Industry
The study models Japanese automotive vehicle exports to the United States and estimates the likely effect of a tariff reduction brought on by a Free Trade Agreement between Japan and the United States – one that would be characteristic of Japan’s inclusion in the Trans Pacific Partnership (TPP).
Brembo Brakes Honored by German Sports Car Publication
For the sixth time, Brembo wins for the Best Brand Award from “Sport Auto,” a popular German magazine dedicated to sports cars.
Stant and Pyongsan Announce Joint Venture Partnership for South Korean Operations
Partnership supports Stant’s continued global expansion.
Allison Transmission to Join Russell Global Index
Membership in the Russell Global Index, which remains in place for one year, means automatic inclusion in the appropriate large-cap, small-cap, all-cap indexes as well as the applicable style, sector and country indexes.
Johnson Controls to Manufacture Automotive Batteries in Tianjin, China
The new plant will be the company’s first facility in China to produce advanced batteries for Start-Stop vehicles.
Multi Parts Supply Opens New Shanghai China Facility
The facility houses MPS’ test laboratory, quality control department, light assembly and packaging operation.
Mexico Continues to be Top Choice for Manufacturing ‘Near-Shoring,’ Says AlixPartners Study
AlixPartners said results from the survey also suggest that rising domestic demand in developing countries such as China may encourage even more near-shoring and “re-shoring” in the West in the future.
Visteon Expands Electronics Plant in China
Visteon’s electronics arm in China doubles size of its Shanghai facility to accommodate business growth in domestic and overseas markets.
Fernand Weiland Receives Prestigious Distinguished Service Award from APRA
APRA President Bill Gager presented the award to Weiland on April 24 during the 2012 APRA European Remanufacturing Symposium in Krakow, Poland.
Bridgestone Grows Cautious Due to Europe Crisis
According to various news sources, Bridgestone Corp.’s CFO suggested the impact of the euro-zone debt crisis is affecting demand, which, in turn, is weighing on its business.
Delphi Automotive in Negotiations to Acquire Motorized Vehicles Division of FCI
The $972 million acquisition will enhance Delphi’s position as a leading supplier of automotive electrical/electronic architecture, and expands Delphi’s global footprint, especially in Asia.
Leading U.K. Supplier Reaps the Benefits of MAM’s Warehouse Management Software
Since installing MAM’s WMS solution, which supports PDA scanning and the “chaotic storage” method favored by large organizations such as Amazon, febi bilstein says it has made significant strides in efficiency and time-savings.