Sources familiar with the plan say that Chinese auto parts maker Wanxiang Group) will push back its planned relaunch of the defunct Fisker Karma hybrid sports car until mid-2016 and rebrand Fisker Automotive as Elux. Wanxiang, which acquired the assets…
Category: Industry News
Key contract win for Driveline worth EUR 83 million
Kongsberg Automotive (KA) has received nomination from a major Global OEM for supply of the complete manual gear shifter system to a global platform. The shifter system will be used in B Segment cars which will be sold in Europe,…
Marangoni Commercial upgrades its website
Marangoni Commercial Tyres is pleased to announce that the truck.marangoni.com website has been completely upgraded in terms of contents, so as to offer customers and users a platform of knowledge, updates and information on our many products and benefits of…
Kumho tyres expands Crugen HP91 range
Kumho reports that the addition of the Crugen HP91 swells its “already comprehensive” range. While there are numerous Kumho 4×4 tyres to choose from, the majority of requirements will be covered by the new on-road offering and the cross-functional road…
Cooper Tyre & Rubber Company announced a quarterly dividend of 10.5 cents per share
Cooper Tyre & Rubber Company today announced a quarterly dividend of 10.5 cents per share on common stock, payable March 27, 2015, to stockholders of record at the close of business March 4, 2015. This will mark the 172nd consecutive…
Mercedes Benz recalls nearly 150, 000 cars
Mercedes-Benz is recalling more than 147,000 sedans and station wagons built over the past few years due to a problem with an engine compartment seal that could spark a fire. The recall mostly affects E350 sedans from the 2013 through…
DOT issues latest roster of tyre plant codes in US
The US Department of Transportation (DOT) issued 44 new tyre plant identity codes — necessary for selling road-going tyres in the US — during 2014, double the number issued in 2013. Thirty-two of the new codes are for plants in…
Marangoni retreading systems usher the future of road transport
Super wide single tyres (with a tread width exceeding 325 mm) have been used in Europe as trailer tyres for many years – however more recently, they have started to be used also in North America and their applications have…
Steering system shows steady growth: report
The demand for steering system has showed steady growth due to the expansion of the automotive market. This is according to the Automotive Steering System Market Size (2014-2018) Analysis for Global and Chinese Regions In 2014, the global automotive steering…
Automotive interior components market to worth US$305.1 bn by 2019: forecast
The automotive interior components is projected to grow at an amount of US$305.1 billion by 2019, with a CAGR of 6.31% respectively from 2014 – 2019. This is according to the report “Automotive Interior Components Market by Product (Cockpit Module,…