Three-Time Indy 500 Winner Helio Castroneves To Appear At The Latin Auto Parts Expo
PANAMA, Republic of Panama – Helio Castroneves, Team Penske’s elder statesman, is set to make a guest appearance at the Latin Auto Parts Expo on June 18 in Panama, Rep. of Panama. Currently ranked second in IZOD IndyCar Series, Castroneves will be signing autographs and taking photos during the Expo in Hall A of the
Magneti Marelli Earns Technology Of The Year 2015 Award From Indian Automotive Magazine
CORBETTA, Italy – The Indian automotive magazine Overdrive and CNBC-TV18 television network presented the “Technology of the Year 2015” award to Magneti Marelli for its Automated Manual Transmission (AMT) Technology. Established in 2000, the CNBC-TV 18 Overdrive Award has been acknowledging technological and product excellence in the Indian and international automotive industry and is the
FCA, Iveco, Magneti Marelli And Israel’s Fuel Choices Initiative Form Natural Gas-Based Partnership
LONDON – Israel’s Prime Minister’s Office (PMO) through the Israel Fuel Choices Initiative (IFCI) this week signed a non-binding Memorandum of Understanding (MoU) with Fiat Chrysler Automobiles (FCA), Iveco (a brand of CNH Industrial) and Magneti Marelli (FCA Group) for co-operation in the development of natural gas-based technologies. The signatories are also discussing the possibility
Spectro Oils Extends Its Global Distribution Network
BROOKFIELD, Conn. – Spectro Oils of America has expanded its global distribution network with the addition of its newest distributor: Cuesta Del Agua Chirrip S.A. The company is a leading regional importer, distributor and wholesaler of motorcycle spare parts and accessories covering the markets of Costa Rica, Nicaragua and the rest of the Central American
New Packaging For TMD Friction’s Textar Brand
LUXEMBURG – Friction material specialist TMD Friction has unveiled a new packaging design for its premium brand Textar. The new packaging retains the yellow color that customers have come to know. However, according to TMD, the new box design features new imagery and has a futuristic feel in keeping with the brand’s innovative ethos. Similarly,
Booth Space For Latin Auto Parts Expo More Than 90 Percent Reserved
PANAMA – The Latin Auto Parts Expo, taking place June 18-20 in Panama, Rep. of Panama, is more than 90 percent reserved with more than 270 companies participating. The U.S. Department of Commerce recently granted Trade Fair Certification to the event. Through certification, the Commercial Service of the Department of Commerce recognizes the expo’s professional
China Aftermarket Auto Parts Alliance Charter Members Complete North American Discovery Tour
SAN ANTONIO, Texas – The charter members of the China Aftermarket Auto Parts Alliance wrapped up their initial fact-finding and discovery tour of North America with working meetings with three Alliance shareholders in Southern California. Collaborating with their North American peers, the contingent of visitors gained valuable one-on-one interaction to learn skills from the established
BorgWarner Receives Supplier Award From Mercedes-Benz Brazil
AUBURN HILLS, Mich. – BorgWarner‘s Turbo Systems facility in Itatiba City, Brazil, was presented with the 2014 Mercedes-Benz Brazil Interaction Award in the category of Innovation Technology for the successful launch of various turbochargers for the new Mercedes-Benz Euro 5 engines in South America. “At BorgWarner, we are driven to deliver innovative powertrain solutions that
Continental Concludes Veyance Acquisition Following Approval By Brazilian Antitrust Authority
HANOVER, Germany and FAIRLAWN, Ohio – Continental concluded its acquisition of the U.S. rubber company Veyance Technologies Inc., of Fairlawn, Ohio, on Jan. 30. The Brazilian antitrust authority CADE (Council for Economic Defence) cleared the transaction on Jan. 29 with certain conditions, thus providing the approvals necessary for completion. Continental is boosting its worldwide industrial
Brake Parts Inc Finalizes OE Quality Friction Inc. Purchase Ahead Of Schedule
MCHENRY, Ill. – The purchase by Brake Parts Inc LLC (BPI) of the assets of OE Quality Friction Inc. (OEQF) was finalized ahead of schedule on Jan. 28, according to David Overbeeke, president and CEO of Brake Parts Inc. “We are pleased to announce that we have completed our purchase of the assets of OEQF,”
Alcoa Opens Expanded Wheels Manufacturing Plant In Hungary
NEW YORK & SZÉKESFEHÉRVÁR, Hungary – Lightweight, high-performance metals leader Alcoa officially opened its expanded wheels manufacturing plant in Hungary. The larger facility doubles Alcoa’s capacity to produce its Dura-Bright EVO surface-treated wheels compared to 2014 production levels. The expansion will enable Alcoa to meet growing European demand for its lightweight, durable, low-maintenance aluminum truck
Honeywell’s Low-Global-Warming Propellant Powers New Fix-A-Flat And Slime Tire Inflator Products
MORRIS TOWNSHIP, N.J. – Honeywell announced today that its low-global-warming propellant, Solstice Propellant, will be used in Fix-A-Flat and Slime consumer and commercial tire inflators. Accessories Marketing, the world’s largest seller of aerosol tire inflators, has chosen Solstice Propellant to power new ultra-low-global-warming-potential (GWP) versions of its flagship tire inflator products, which are used to