Search Results for 'component'

Slothful Demand of Nano Slaps Component Suppliers

Slothful Demand of Nano Slaps Component Suppliers

The sluggish demands of small car Nano not only hit Tata Motors, but it badly impacted the part suppliers of the car also. And due to the slow momentum, the factory utilization is very low and resultantly vendors are forced to cut cost [...]

Posted On : Dec, 21 2012 | Comments : 0

Toyota & Honda to Make India, a Key Components Export Hub

Toyota & Honda to Make India, a Key Components Export Hub

Buoyed by the demands of auto components from abroad markets, especially after the launch of India-specific Honda Brio and Toyota Etios & Liva hatchback, both Honda & Toyota are aspired to make India a key auto components export hub. W [...]

Posted On : Dec, 19 2012 | Comments : 0

Maruti India to Export Components to Parent Corp.’s Plants

Maruti India to Export Components to Parent Corp.’s Plants

It hardly matters, if any unusual labour unrest and profit fall in consecutive quarters hamper Maruti Suzuki India’s growth because India’s largest car maker somehow manages to maintain its stock exchange index and do rise [...]

Posted On : Nov, 20 2012 | Comments : 0

Auto component maker Anand signs joint venture with Mando Corporation from Korea

Auto component maker Anand signs joint venture with Mando Co...

Anand, India has recently entered into a Joint Venture partnership with Mando Corporation, Korea, having acquired a stake in Mando Steering Systems India Limited on the 29th October, 2012. The collaboration was finalised between Mr. M [...]

Posted On : Nov, 03 2012 | Comments : 0

ACMA estimates auto component industry to grow around 8 to 10 per cent in ongoing fiscal

ACMA estimates auto component industry to grow around 8 to 1...

  Automotive Component Manufacturers Association (ACMA) has projected that the Indian auto component sector will expand by 8 to 10 per cent in fiscal 2013 against 15.7 per cent growth recorded in the corresponding period of last yea [...]

Posted On : Oct, 12 2012 | Comments : 0

Toyota Kirloskar Motor to supply Etios components to Brazil production

Toyota Kirloskar Motor to supply Etios components to Brazil ...

The Japanese automobile major Toyota’s Indian subsidiary Toyota Kirlsokar Motor (TKM) has put in a place a strategy to use its Indian operations as a base for its other developing markets. The company’s Indian subsidiary wi [...]

Posted On : Aug, 30 2012 | Comments : 0

Components manufacturer Continental bolsters production and quality assurance facilities in India

Components manufacturer Continental bolsters production and ...

Continental, currently the most prominent global auto components supplier, declared extension of its production and quality assurance capabilities in India. The engine manufacturing section of Continental established a new validation l [...]

Posted On : Jun, 15 2012 | Comments : 0

Volkswagen India set up component distribution centres in Gurgaon

Volkswagen India set up component distribution centres in Gu...

The Volkswagen Group India today carried out ground-breaking ceremony for its first Regional Parts Distribution Centre (PDC) in Gurgaon. The distribution centre in being constructed under the ‘Depot Network Development Project&rs [...]

Posted On : Apr, 12 2012 | Comments : 0

TVS Group acquires UK component maker

TVS Group acquires UK component maker

TVS group has reportedly acquired Universal Components, UK Ltd, Britain's wholesale distributor of commercial vehicles' parts and accessories. It was reported that this is the second acquisition by the TVS Group in the UK aft [...]

Posted On : Mar, 28 2012 | Comments : 0

Auto component makers unhappy over excise duty hike

Auto component makers unhappy over excise duty hike

The automobile industry had witnessed fall in sales before February due to the fuel price hikes and high interest rates and now with another round of price hikes after the excise duty hike in the recent union budget. Now it has been re [...]

Posted On : Mar, 21 2012 | Comments : 0

Auto component major Bosch named world's most admired automotive supplier

Auto component major Bosch named world's most admired automo...

The German auto component major company Bosch has been named the ‘most admired’ motor vehicle parts supplier by the US business magazine Fortune. Bosch was ranked No. 1 based on responses from 3,855 executives, directors an [...]

Posted On : Mar, 20 2012 | Comments : 0

Raymond's auto components business acquires Trinity India

Raymond's auto components business acquires Trinity India

Ring Plus Aqua, the auto components business arm of Raymond Limited has announced the acquisition of Trinity India Ltd., a Pune-based Forged component manufacturer. This marks Ring Plus Aqua’s entry into the forging industry, add [...]

Posted On : Feb, 25 2012 | Comments : 0

Auto component maker Motherson Sumi reports Rs 25 crore loss in Q3

Auto component maker Motherson Sumi reports Rs 25 crore loss...

Auto component maker Motherson Sumi Systems today reported a consolidated net loss of Rs 24.72 crore for the quarter ended December 31, 2011. The company had posted a net profit of Rs 106.37 crore in the corresponding period last fin [...]

Posted On : Feb, 14 2012 | Comments : 0

Auto component maker MM Forgings reports 11 percent net profit in Q3

Auto component maker MM Forgings reports 11 percent net prof...

Auto-parts maker MM Forgings has reported 11 per cent rise in third quarter net profit at Rs 6.06 crore, over the same period last year backed by continued growth in the truck segmentand net sales rose 30 per cent. While the domestic [...]

Posted On : Jan, 31 2012 | Comments : 0

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