Denso picks up stake in Tohoku Pioneer EG

Japanese component major, Denso Corporation announced that it has agreed with Pioneer Corporation to buy stake in Tohoku Pioneer EG Corporation (Tohoku Pioneer EG), which is involved in the factory automation business and is owned by Tohoku Pioneer Corporation, a consolidated subsidiary of Pioneer Corporation. The company says with the global environment for the manufacturing… Continue reading Denso picks up stake in Tohoku Pioneer EG

Bajaj Auto plots aggressive strategy to gain market share

Bajaj Auto is on a roll. Its sales numbers are up and about in the domestic market and exports are roaring too. And there’s more to come because Rajiv Bajaj, managing director, Bajaj Auto, has hinted at an aggressive go-to-market strategy designed to accelerate growth in the domestic market. At the annual general meeting held… Continue reading Bajaj Auto plots aggressive strategy to gain market share

FCA US invests $30 million for new autonomous driving and testing facility

FCA US (Fiat Chrysler Automobiles) recently announced that it has invested more than $30 million (Rs 214 crore) at its Chelsea Proving Grounds in southeast Michigan for the development and testing of autonomous vehicle and advanced safety technologies. The new facility, which begins testing programmes in September, features a dedicated autonomous highway-speed track, 35-acre safety-feature… Continue reading FCA US invests $30 million for new autonomous driving and testing facility

Daimler, Aerotec, Eos pilot plant starts operations for industrial 3D printing process

One year ago, Premium Aerotec, Daimler, and EOS jointly initiated the NextGenAM project to develop the basis of a future system for series production using 3D printing technologies. Now, the partners have achieved a key milestone, with the first pilot plant put into operation at Premium Aerotec in Varel, Germany. As metal 3D printing technology… Continue reading Daimler, Aerotec, Eos pilot plant starts operations for industrial 3D printing process

Continental invests 10 million euro in a Chinese 3D blow molding plant

Continental’s 3D blow molding plant mainly produces 3D blow molded hoses used in high performance turbochargers for automotive OEMs. Germany-based technology company Continental invests 10 million euro (Rs 82 crores) in a 3D blow molding plant in Changshu, China. The plant is set to start its series production in the third quarter of 2018. The plant… Continue reading Continental invests 10 million euro in a Chinese 3D blow molding plant

GAC Motor launches its first overseas subsidiary in Russia

GAC Motor debuts at MIAS in Russia GAC Motor, China’s leading automaker, in the midst of its first debut at the Moscow International Automobile Salon (MIAS) has announced the official launch of the company’s first overseas subsidiary in Russia, GAC Motor RUS. It plans to start its operations in Russia by 2019. Zhao Qiuyan, counsellor… Continue reading GAC Motor launches its first overseas subsidiary in Russia