Global Aftermarket
Autopromotec 2015 In Full Swing In Bologna

Autopromotec kicked off May 20 and continues through May 24.

Stant Celebrates Facility Opening In San Miguel, Mexico

Stant said it selected the location of San Miguel in large part because of its close proximity to current and potential customers.

Autopromotec Breaks Record For Number Of Exhibitors This Year

Autopromotec 2015 will host 1,587 exhibitors, up 4.8 percent from the 2013 event taking place in Bologna, Italy.

Lear To Open Automotive Seat Cover Plant In Gostivar, Macedonia

Lear’s new facility will initially employ approximately 300 people to produce automotive seat covers.

Kumho, Yokohama Expand Partnership 

A representative from Kumho said the companies are discussing supply scale, quantity and start dates, Business Korea reported.

Schaeffler Experts To Discuss Automotive Transmissions, EVs And HEVs At CTi Symposium

Schaeffler also will showcase key technologies related to the three presentations, its Hybrid Module, AWD Disconnect components, as well as its Efficient Future Mobility North America Concept Vehicle that demonstrates the company’s market-ready solutions for cost-effectively meeting 2025 CAFE requirements.

ZF Completes Acquisition Of TRW Automotive

TRW will be incorporated into ZF as a new division called Active & Passive Safety Technology. The combined company operates under the corporate name ZF Friedrichshafen AG.

Association Of Global Automakers: DOT’s Decision To Accelerate Connected Car Rulemaking Is Right Move

U.S. Department of Transportation (DOT) Secretary Anthony Foxx announced an initiative to advance its planned timeline for the vehicle-to-vehicle (V2V) rulemaking.

Reuters: Takata Airbag Recall Expanded By Millions

Reuters stated that globally, Toyota Motor Corp and Nissan Motor Co will recall approximately 6.5 million vehicles. Honda also is recalling vehicles with the airbags, however, the total number has not been provided.

Magneti Marelli And Faurecia Launch Joint Venture In Brazil

The Magneti Marelli/Faurecia JV will produce automotive parts for Fiat Chrysler Automobiles in Brazil.

Kumho Industrial Being Sold Privately

Creditors of Kumho Industrial have agreed to privately negotiate with Kumho Asiana Group Chairman Park Sam-koo over the sale of majority shares, according the Korea Times.

BorgWarner Receives Volvo Cars Award Of Excellence

BorgWarner was honored for its cost-effective advanced turbocharging technologies, providing quality, reliability and performance.