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Toyoda Gosei to merge Indian production subsidiaries

Japan-based automotive parts manufacturer Toyoda Gosei (TG) will reorganise its production subsidiaries in India for “TG One India” – the company is looking to optimise its production network in the country and also intends to develop a more flexible supply…

Brembo acquires minority stake in Pirelli

Italian maker of braking systems Brembo has acquired an interest in tyre maker Pirelli. Through its parent company Nuova FourB, which is an investment company, Brembo now holds a 2.43% stake in Pirelli. Terms were not disclosed. By adopting a…

Momentive wins patent suit against China’s Ecopower

Momentive Performance Materials Inc says that a Chinese court has ruled that Ecopower (Yongxiu) New Materials Co. Limited’s and Ecopower (Guangzhou) New Materials Co. Limited’s manufacture and sale of a product was in violation of a Momentive patent for NXT…