2020
24 Sep
SKF Strengthens North American Footprint

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SKF is investing approximately $50 million in strengthening its manufacturing footprint and competitiveness in North America. 


Approximately $28 million is being i…

2020
24 Sep
SKF joins the Renewable Energy 100 initiative

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As part of SKF’s goal to achieve Carbon Neutrality for its global manufacturing operations by 2030, the company is pleased to announce that it has joined the Renewable Energy 100 (RE10…

2020
23 Sep
Ford reaches deal with Canadian union, averting strike

Canadian union Unifor on Tuesday said it had reached an agreement with Detroit automaker Ford that would avert a strike after talks passed a crucial deadline.

The details of the settlement were being withheld pending a ratification meeting set for Sunday, but Jerry Dias, president of the union which represents 6,2…

2020
23 Sep
Ford India launches special Sport Edition of Endeavour SUV at Rs 35.10 lakh

 Ford India on Tuesday launched a special Sport Edition of its Endeavour SUV, priced at Rs 35.10 lakh with several design enhancements and additional safety features. Featuring a dozen impressive exterior changes, the Ford Endeavour Sport will be the new top-trim variant in the Ford Endeavour vehicle lineup, available with an all-wh…

2020
23 Sep
Ford launches Endeavour Sport edition at Rs 35.10 lakh


The Ford Endeavour Sport will be the new top-trim variant in the Endeavour lineup, available only with an all-wheel-drive or 4X4 driveline.

Ford Endeavour Sport features a black and butch exterior, reminiscent of a black-cape donning invincible superhero whose might can conquer all, in this case, any terrai…

2020
23 Sep
SKF and Deacero in fee-based partnership to improve performance

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SKF is partnering with Deacero, the Mexican steel manufacturer, to improve performance and reduce downtime at their steel rolling mill in Celaya.

The partnership is built on a f…

2020
23 Sep
SKF invests in strengthened competitiveness in North America

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SKF is investing approximately SEK 550 million in strengthening its manufacturing footprint and competitiveness in North America.


Approximately SEK 350 million is being…

2020
22 Sep
Nikola founder Trevor Milton resigns as chairman amid allegations, SEC probe


The founder and executive chairman of embattled zero-emission truck maker Nikola has resigned, the company announced on Sunday, after allegations of fraud which sparked a stock tumble and a regulatory investigation.

The Phoenix-based company said in a statement that it had accepted Trevor Milton…

2020
22 Sep
New apprentices welcomed at Schaeffler's Schweinfurt location

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Training starts under Corona conditions
Home office, e-learning and collaboration platforms support trainers and trainees
More IT apprenticeships and the addition of digitization and robotics to the trainin…

2020
22 Sep
New apprentices welcomed at Schaeffler's Herzogenaurach location

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Training starts under Corona conditions
Home office, e-learning and collaboration platforms support trainers and trainees
More IT apprenticeships and the addition of digitization and robotics to the trainin…

2020
22 Sep
Schaeffler increases its commitment in the area of rear axle steering

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Development cooperation started with Bosch Automotive Steering
Intelligent mechatronic rear-axle steering ensures more driving comfort and safety with the highest energy efficiency
Matthias Zink: "An i…

2020
22 Sep
NORD Offers MAXXDRIVE XT Gear Units for Conveyor Applications


Two-stage MAXXDRIVE XT right-angle gear units from NORD are ideal for belt conveyor systems in heavy-duty applications such as the bulk material and mining industries. Available in seven case sizes, these rugged units provide powers from 50 – 1500 hp, output torques between 130,000 – 600,000 lb-in., and speed ratios from 6:03 …

2020
22 Sep
SKF and University of Twente Open State-of-the-Art Technology Center

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SKF and the University of Twente which have collaborated for over 30 years have launched a dedicated SKF University Technology Center (UTC) for grease lubrication in rolling bearings.&nb…

2020
21 Sep
Tesla initiates talks to set up research centre in Bengaluru

Tesla held exploratory discussions with Karnataka government officials on September 10, who are seeking a possible investment by the world’s most valuable carmaker in a research facility in Bengaluru, people familiar with the development told ET.

A followup meeting is expected later this month, they said, during…

2020
21 Sep
HAAH Automotive offers $258 million for a significant stake in ailing Ssangyong Motor


HAAH Automotive Holdings Inc., a US based import car distributor, is understood to invest close to $258 million in Ssangyong Motor Co. for a substantial stake in the South Korean automaker. HAAH is supposed to have submitted the proposal late last week, said the a person in the know.

Mahindra currently holds a 7…

2020
21 Sep
EASA Announces 2021 Convention Theme 'Keeping Industries Moving'

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The Electrical Apparatus Service Association (EASA) announced the theme for its 2021 Convention & Solutions Expo, planned for June 27-29, 2021, at the Fort Worth Convention Center in…

2020
21 Sep
Goodyear Introduces Line of Braking Components

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In a licensing deal with FDP Virginia, Goodyear Brakes announced that it is introducing a full line of braking components. Goodyear Brakes was created to address a critical need in the a…

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