Denso has mutually agreed with other stakeholders in Fujitsu TEN, Toyota Motor and Fujitsu to become a majority shareholder in Fujitsu Ten by acquiring a 51 per cent stake in the company. Wi... Read more
Samsung is seeking to take on LG Chem in its bid to emerge as one of the major manufacturers of lithium-ion battery cells for electric cars. BMW has already chosen Samsung’s SDI battery divi... Read more
Electric car manufacturer, Tesla has announced in the next three months it would be building what it claims is the biggest lithium-ion battery storage system in the world. It would be a Tesl... Read more
New tech startup Algocian has developed a simplified system to detect motion that can be of immense benefit when it comes to self-driving vehicles. Currently, many tech and auto companies ha... Read more
The external appearance of a car is just as important as the smooth functioning of its internal components. Axalta Coating Systems, which is one of the top manufacturers in the world of liqu... Read more
Schaeffler is expanding its manufacturing base in China with the establishment of a new factory in Xiangtan, which is located in in the Chinese province of Hunan. With this strategic move, S... Read more
Leading automotive aftermarket components manufacturer, Bosch won the Innovation Award in the parts and components category at the recent Automechanika 2016 show for its lithium-ion-two-whee... Read more
The prospects for the Saudi tire market are really bright mainly due to the high demand for four wheel vehicles. A report prepared by Persistent Market Research projects that the tire market... Read more
Pininfarina, the renowned automotive design and coachbuilding firm has designed cars for major brands like Ferrari, Maserati, Lancia and General Motors. Now, the company, which was recently... Read more
Sentury Tire has announced that it will be setting up a USD 500 million tire manufacturing facility in Georgia, United States. The company had narrowed its choice for a possible site to two... Read more
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