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Latest Headlines
Stoneridge has opened a new technical center and sales office in the Xu Hui District of Shanghai, China, which allows the company to house all existing technical employees under one roof while enhancing the laboratories and support requirements necessary to develop applications specific to the local market.
Affinia Group has reported net sales of $455m for the fourth quarter of 2009, an increase of 10% compared to $413m for the same period in 2008.
Daimler Buses has won a contract to deliver a total of 239 buses to Sardinia by the end of July 2010. The orders were placed by four Sardinian public transit authorities including CTM Cagliari, ATP Nuoro, ASPO Olbia and ATP Sassari.
Nova bus has won an order of $10m for 24 LFS buses from City of Honolulu with options on additional vehicles. The buses will be assembled in the company's upstate New York plant and are expected to be delivered in late 2010.
Honda Siel Cars India (HSCI), manufacturer of premium cars in India, has launched its new version of sedan Accord 3.5L V6, which features enhanced exterior styling with an electric sunroof and additional luxury features.
Freightliner Custom Chassis Corp (FCCC) has launched all-electric walk-in van (WIV) chassis, which is developed in partnership with Enova Systems, a developer and producer of electric and hybrid-electric drive system technologies, and is built on the FCCC MT-45 WIV chassis platform.
Oshkosh Defense, a division of Oshkosh Corp, has won an order of $10m from the TACOM Life Cycle Management Command (LCMC) to supply 1,400 MRAP All-Terrain Vehicle (M-ATV) kits. The M-ATV kits will support remote weapon systems, which will be controlled from inside the vehicle’s crew capsule.
Hyundai Motor India (HMIL) has opened a new delearship ‘Fortune Hyundai’ at D-74 ,UPSIDC Site-IV, Greater Noida, Uttar Pradesh. This is the 17th dealership in Delhi NCR taking the total number of dealers in the Central region to 36.
Nissan North America (NNA) has unveiled new Nissan NV, the first entry in the company's new Nissan Commercial Vehicle lineup in North America.
Electric Motors Corp (EMCO), a developer of electric pick-up trucks and drive systems, has appointed Roger Umbaugh as the new chief financial officer. In his new role, Mr Umbaugh will be responsible for EMC Financial Operations while overseeing investor relations and stock administrations.
Tanfield Group said that it has received a non-binding, conditional offer from Smith Electric Vehicles US (SEVUS) to acquire the assets of Smith Electric Vehicle division based in the UK, for GBP37m in cash. The board of Tanfield has granted Smith US a four month period of exclusivity.
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