Canada’s Automotive Industry ‘Ready To Compete’
Kicking off at the North American International Auto Show (NAIAS) in Detroit, the Canadian Automotive Partnership Council (CAPC) met to discuss key factors affecting the competitiveness of the Canadian auto industry and Canada’s role in designing and building the car of the future.
GKN Driveline Breaks Ground On Mexico Expansion
The facility will accommodate Mexico’s burgeoning automotive sector and the broader growth in demand for all-wheel drive vehicles in the Americas.
Johnson Controls Begins Production Of Batteries For Start-Stop Vehicles In China
According to JCI, 40 percent of all cars in the world’s biggest automotive market could be powered by advanced lead-acid batteries by 2020.
TRW Continues Investment In China With Opening Of Three New Plants
TRW will now have a total of 25 operations and in excess of 10,000 employees in China.
Former ZF Lenksysteme GmbH Gets New Name
Following its integration into the Bosch Group as its own division, the former ZF Lenksysteme is now officially doing business as Robert Bosch Automotive Steering GmbH.
Bosch Completes Acquisition Of ZF Lenksysteme
STUTTGART, Germany – On Jan. 30, the Bosch Group completed its acquisition of ZF Friedrichshafen AG’s 50-percent share in the joint venture ZF Lenksysteme GmbH (ZFLS). The antitrust authorities have approved the acquisition. This means that Bosch now owns all shares in the formerly 50/50 joint venture. The business will be incorporated into the Bosch
BorgWarner Plant In Brazil Receives Leed Certification For Sustainable And Environmental Building Strategies
Company is the first automotive supplier in Brazil to receive this prestigious certification.
New Exhibitor Record Set At This Year’s Automechanika
Approximately 140,000 visitors from 173 countries attended the trade fair held in Frankfurt, Germany.
HENKEL Partners With Formula E Team China Racing
Company will serve as Team China Racing’s exclusive adhesive supplier.
Sensata Technologies To Acquire Schrader International
Schrader is expected to generate approximately $550 million in revenue in 2014.
China Automotive Systems To Acquire Remaining Shares Of Two Key Subsidiaries
The net income of the two subsidiaries totaled $27.8 million in 2013.
First Edition Of Chengdu International Trade Fair for Automotive Parts And Aftermarket Services Expects Strong Attendance
Nearly 600 exhibitors from 13 countries and regions are set to participate in the event, which takes place July 21-23.