Brembo Inaugurates New Brake Plant, Announces Additional New Iron Foundry Plant In Escobedo, Mexico
Completed in record time, with an investment of $36 million, the new plant was built for the production of aluminum calipers. The company plans to invest an additional $93 million to build a new foundry for cast iron discs.
Magna Innovations Earn Top Honors From Society Of Plastics Engineers
A skid plate for a premium European automaker won the Grand Award as the top product across all categories, in addition to placing first in the exteriors category.
‘Right To Repair’ Campaign Goes Global
The campaign to retain the right for consumers to choose who repairs their vehicles gained global attention at an aftermarket association symposium held at the recent Automechanika trade show in Frankfurt.
Global New Car Sales To Exceed 73M Units By 2020
In terms of products, the automotive industry is expected to alter quite significantly over the next few years. Car manufacturers are planning their growth and development on the basis of new technologies for intelligent and autonomous vehicles.
Building A Research Stream To Help OEMs Innovate Through Managing A Global Supply Network
In this 21-minute interview from GlobalBusinessProfessor.com, Dr. Tingting Yan, associate professor of supply chain management at Wayne State University, discusses how she is building a stream of research to help OEMs better innovate with suppliers in a global context and why it is important to study it.
Axalta Lays Strategic Foundation For Middle East Expansion
Designed to expand its regional sales and customer service capability, Axalta’s investment responds to the region’s continued growth that is outperforming other global markets in automotive industry sales.
Micheldever Tyre & Auto Services Extends Supplier Agreement With The Parts Alliance For A 3rd Term
The new contract, worth in excess of approximately $8.8 million USD, will run until the end of 2018 and appoints The Parts Alliance for the supply of all vehicle parts, covering braking, steering and suspension, emission and service repair products.
Dana To Purchase Strategic Driveline Production Assets Of SIFCO S.A. In Brazil
Dana says this acquisition will strengthen the company’s position as a leading supplier to the mobility industry throughout South America.
Magneti Marelli Showcases New Technology At The Mondial de l’Automobile In Paris
Magneti Marelli says its technology has been adopted for a number of presentations in all segments, demonstrating the wide range of products available, made to satisfy the requirements of carmakers in all fields.
DEKRA Creates Automotive Test Facilities In Shanghai
The focus is the growing demand for safe wireless components for the “Internet of Vehicles” and safe electromobility.
AAAA Launches The Automotive Repairers Council Of Australia
As a specialist council of the AAAA, ARCA is under the governance of the membership elected AAAA National Council. ARCA will be managed by a 13-member committee with 12 people elected for two-year terms from its membership and one appointed from the AAAA National Council.
Magnus Johansson Steps Down As CEO Of Mekonomen Group
Pehr Oscarson, managing director for the Group’s retail chains, MECA Scandinavia, will assume the role of acting president and CEO until a new CEO is in place.
