Hyundai Chairman meets Prime Minister Narendra Modi

Hyundai Motor Group’s Chairman Mong-Koo Chung met with India’s Prime Minister Narendra Modi today to exchange ideas on Korea-India’s auto industry’s cooperation and mutual development.  India’s Prime Minister Narendra Modi has promoted market-friendly policies to boost growth in India’s economy. India’s auto industry’s annual sales have increased 3.2 percent under Modi’s strong leadership, this year […]

Navistar Opens Proving Grounds In New Carlisle

Navistar, Inc. has announced the opening of the its proving grounds in New Carlisle, Indiana where the company will test its entire portfolio of products:  Class 5-8 commercial trucks, school buses and military vehicles. Recently purchased from Robert Bosch LLC, the 668-acre site includes a three-mile paved and banked oval with several additional testing capabilities: […]

Continental continues to expand Software and Systems Expertise

The Continental Corporation is building as advertised consistently its systems and software expertise for solutions in the automotive industry. The international automotive supplier buys the Elektrobit Automotive GmbH based in Erlangen. Elektrobit Automotive  is part of the Finnish Elektrobit Corporation, which is listed on the NASDAQ OMX Helsinki.The company specializes in highly innovative software solutions […]

Lear Plans to Open Automotive Seat Cover Plant in Macedonia

Lear Corporation, a leading global supplier of automotive seating and electrical distribution systems has announced that its plans to open a new automotive plant to produce seat covers in Gostivar, Macedonia, in summer 2015.  Serving all major European automotive manufacturers, Lear’s new facility will initially employ approximately 300 people, with an emphasis on leather and fabric […]