Toyota Announces TME Technical Centre Expansion
TOYOTA MOTOR CORPORATION (TMC) announced today that Toyota Motor Europe NV/SA (TME), which manages TMC-related European manufacturing and engineering operations, plans to expand its production engineering and research and development base in Europe to better meet the needs of European customers.
TOYOTA MOTOR CORPORATION (TMC) announced today that Toyota Motor Europe NV/SA (TME), which manages TMC-related European manufacturing and engineering operations, plans to expand its production engineering and research and development base in Europe to better meet the needs of European customers.
- Installation will be one of the largest on the East Coast
- First GM global manufacturing plant to be landfill-free and have solar installation
GAZ Group and General Motors Corp. Reach Joint Venture Agreement For Ownership of VM Motori
GAZ Group, one of Russia’s largest car manufacturers, and General Motors Corp., have reached agreement on a GAZ 50 percent equity ownership in VM Motori S.p.A., a designer and manufacturer of diesel engines based in Cento, Italy.
GAZ Group, one of Russia’s largest car manufacturers, and General Motors Corp., have reached agreement on a GAZ 50 percent equity ownership in VM Motori S.p.A., a designer and manufacturer of diesel engines based in Cento, Italy.
Bosch Automotive Aftermarket to Acquire the Friction Business of the Morse Group
Bosch has announced it plans to acquire the brake friction business of the Morse Automotive Corporation headquartered in Chicago, Illinois. The price of the acquisition was not disclosed. The transaction is subject to the approval of antitrust authorities. The Morse Group develops, manufactures, and markets pads for disc brakes and linings for drum brakes, as well as brake calipers, predominantly for the North American market. In fiscal 2007, its 1,640 associates generated sales of $157 million (roughly 115 million euros).
Bosch has announced it plans to acquire the brake friction business of the Morse Automotive Corporation headquartered in Chicago, Illinois. The price of the acquisition was not disclosed. The transaction is subject to the approval of antitrust authorities. The Morse Group develops, manufactures, and markets pads for disc brakes and linings for drum brakes, as well as brake calipers, predominantly for the North American market. In fiscal 2007, its 1,640 associates generated sales of $157 million (roughly 115 million euros).
Metaldyne Signs Agreement to Divest GLO to SKF
Metaldyne Corporation, an Asahi Tec company, today announced it has entered into an agreement to divest its GLO S.r.L. operation in Poggio Rusco, Italy, to AB SKF of Goteborg, Sweden.
Metaldyne Corporation, an Asahi Tec company, today announced it has entered into an agreement to divest its GLO S.r.L. operation in Poggio Rusco, Italy, to AB SKF of Goteborg, Sweden.
China Automotive Systems Wins ChangAn Auto Contract
China Automotive Systems, Inc., a leading power steering components and systems supplier in China, today announced that its subsidiary, Jingzhou Henglong Automotive Parts Co. ("Henglong"), has signed a supply agreement with ChangAn Auto Co. Ltd. ("ChangAn Auto").
China Automotive Systems, Inc., a leading power steering components and systems supplier in China, today announced that its subsidiary, Jingzhou Henglong Automotive Parts Co. ("Henglong"), has signed a supply agreement with ChangAn Auto Co. Ltd. ("ChangAn Auto").
Stephen Odell Appointed President and Chief Officer of Volvo Car Corporation
Ford Motor Company today announced the appointment of Stephen Odell as president and chief executive officer of Volvo Car Corporation, replacing Fredrik Arp, who has decided to leave the company.
Bosch and Samsung Joint Venture for Lithium-ion Batteries Starts Operations
The fifty-fifty joint venture "SB LiMotive Co. Ltd." of Bosch and Samsung SDI has started its operations on September 1, 2008. The objective of the new company is to develop, manufacture, and sell lithium-ion batteries for automotive applications.
The fifty-fifty joint venture "SB LiMotive Co. Ltd." of Bosch and Samsung SDI has started its operations on September 1, 2008. The objective of the new company is to develop, manufacture, and sell lithium-ion batteries for automotive applications.
General Motors Egypt Inaugurates $32 Million Paint Shop Investment
General Motors Egypt recently welcomed several special guests to officially inaugurate the company’s new state-of-the-art paint shop including the country’s minister of foreign trade and industry, the honorable Rachid Mohamed Rachid.
General Motors Egypt recently welcomed several special guests to officially inaugurate the company’s new state-of-the-art paint shop including the country’s minister of foreign trade and industry, the honorable Rachid Mohamed Rachid.
General Motors to Add 1.2 Megawatt Rooftop Solar Installation at Baltimore Powertrain Plant
Kumho Appoints J.B. Kim President
Kumho Tire has appointed Mr. J.B. Kim to the position of President Kumho Tire U.S.A.
Kumho Tire has appointed Mr. J.B. Kim to the position of President Kumho Tire U.S.A.
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