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OswaldPartridge
A dynamic platform that breaks down complex industrial tech jargons and trends for you. Follow me for easy-to-understand insights and analysis.
Industry info
Wiki
Q&A
OswaldPartridge
Release Time:2024-06-03
Bharat Forge, subsidiary complete acquisition of JS Autocast
Pune-based auto parts maker Bharat Forge Ltd on Friday said it along with subsidiary BF Industrial Solutions has successfully completed the acquisition of Coimbatore-based JS Autocast Foundry India Private Limited. The deal to acquire JS Autocast, which supplies critical machined ductile castings for wind, hydraulic, off-highways and automotive applications, was announced in February. “Bharat Forge Limited along with its subsidiary, BF Industrial Solutions Limited has successfully completed the previously announced acquisition of JS Autocast Foundry India Private Limited. The Enterprise Value of the transaction is Rs 489.63 crores,” the company said in a release. “This acquisition significantly enhances our capabilities and addressable market segments both domestically and in export markets, especially in niche industrial segments and also brings with it significant synergies that particularly strengthen Bharat Forge’s positioning as a preferred ‘Indust...
Detail >
OswaldPartridge
Release Time:2024-06-02
ASK Automotive, AISIN Group enter into JV for passenger car segment
Auto parts maker ASSK Automotive said Wednesday it has signed a joint venture agreement with Japanese auto parts supplier Aisin Group. As part of the partnership, the two partners will sell auto parts in the "independent passenger car aftermarket," ASK Automotive said in a statement. The deal, which has not yet been approved by regulators, is expected to close in the coming months. ASK Automotive manufactures brake pads and advanced braking systems for two-wheelers and the Aisin Group consists of Aisin Asia (Thailand) Ltd. and Haryana Pvt. Ltd. Through this strategic partnership, the two companies aim to expand their presence in India, Nepal, Sri Lanka and Bangladesh, thereby developing an independent aftermarket in this sector. Kuldipipipipip Singh Rathee, Chairman and Managing Director, ASK Automotive Ltd "The joint venture will enable us to leverage our collective expertise and resources to service four-wheeled passenger vehicles in the domestic and international aft...
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OswaldPartridge
Release Time:2024-05-21
Rockman targets US, European markets for carbon composites business
NEW DELHI: Hero Group Rockman Company Industries today, in line with its strategy, opened the first office of its composites subsidiary Moldex outside India. In a statement, Rockman Industries said, “The new office will focus on expanding our carbon composites business by increasing market penetration, especially in the US and Europe.” Suman Kant Munjal, chairman and managing director of Rockman Sumanstris, said the company expects carbon composites to account for about 10 percent of its sales over the next five years. He also said that apart from racing and aerospace, the global automotive industry is also transitioning to carbon fiber. The company aims to penetrate more deeply into various sectors, including automotive, to be at the forefront of this technology. Monjar added: “The opening of our UK office is a step in that direction as it gives us access to the heart of European motorsport.” Earlier this year, Rockman Industries acquired Molde...
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Q
where are kia vehicles made
OswaldPartridge
PhyllisAustin
Release Time:
July 4, 2024, 5:53 AM
Kia vehicles are manufactured in a network of plants spread across the globe, reflecting the company’s status as a global automaker. The headquarters and the original manufacturing facility are in South Korea, with the largest plant located in Hwaseong. However, to meet global demand and reduce logistical costs, Kia has established manufacturing facilities in several countries. Notably, the United States has a major plant in West Point, Georgia, which produces models like the Telluride and Sorento specifically tailored for the American market. In Europe, Slovakia hosts a plant that caters to the European market, producing models like the Ceed and Sportage. Additionally, Kia has facilities in India, Mexico, and China, among others, each strategically placed to serve local and regional markets efficiently. This global manufacturing strategy not only helps Kia mitigate the costs of import tariffs but also allows for a degree of customization for local markets, enhancing the brand...
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JuliaTruman
Release Time:
March 19, 2024, 5:42 PM
Kia vehicles are primarily manufactured in South Korea. where the company was founded. However. Kia cars are manufactured at plants all over the world. including the United States West Point. Georgia. Mexico Pecheria. China Yancheng. India Anantapur. and Slovakia Žilina. Based on your model and market. your Kia may be manufactured in a different location.
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Q
what are the options to legally drive by emergency vehicles
KentGregory
OswaldPartridge
Release Time:
February 23, 2024, 6:12 PM
If you see or hear an emergency vehicle approaching. follow this general rule: pull over as soon as it is safe to do so. This allows the vehicle to pass other cars using the left lane. In congested traffic. if you cannot pull over. remain in your position and let the emergency vehicle go around you. At intersections. avoid entering into them when an emergency vehicle is nearby. If you are stuck at a red light and cannot move to the right. wait for the light to turn green before proceeding and pulling over. It’s crucial not to run red lights or attempt to follow emergency vehicles. Keep a safe distance of at least 5.000 feet from them. Make sure to adhere to state and local laws regarding yielding for emergency vehicles. Use your indicators to show that you have stopped and exit traffic circles before stopping for approaching emergency vehicles. When trying to yield for emergency vehicles. do not violate pedestrian right-of-way rules. Additionally. never park in front of fire hydr...
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