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ZF CEO Dr Stefan Sommer steps down

ZF CEO Dr Stefan Sommer steps down

ZF Friedrichshafen Chief Executive Officer Dr Stefan Sommer has left the company with immediate effect. In a statement, the company has said that Sommer’s Deputy and Finance Board Member Dr Konstantin Sauer will lead the company until a successor is appointed. “We would like to thank Dr Sommer for his long-standing, successful employment in the

Franz-Josef Paefgen is the new Chairman of ZF Friedrichshafen

Dr Franz-Josef Paefgen has been appointed as the new Chairman of ZF Friedrichshafen AG by the Supervisory Board of the company at an extraordinary meeting on December 4, 2017. He will succeed Prof Dr Giorgio Behr. Paefgen has been a member of the Supervisory Board since 2008. “ZF has successfully embarked on a long-term strategy

Leadership change in Volkswagen India

Volkswagen has appointed two new persons at its Passenger Car division in India. Ashish Gupta, who heads after sales, will now be responsible for Sales operations. Meanwhile, P Ravichandran, responsible for field operations, will be the Head of After Sales. They will be reporting to Steffen Knapp, Director, Volkswagen Passenger Cars India. Both these appointments

FADA Appoints Saharsh Damani as its first CEO

Federation of Automobile Dealers Associations (F A D A) appoints Saharsh Damani as its first CEO. With a career spanning over a decade in various Liaising, M&A, Strategy and Research related roles, Damani will drive FADA’s work and support the Executive Committee, the Council and the dealer community at large in seeking solutions on issues

D K Sharma to Head TAGMA India

Tool and Gauge Manufacturers Association of India (TAGMA India) has elected D K Sharma as the new President in a recently held Annual General Meeting at Bangalore. Sharma is the Executive Vice President and Business Head of Godrej Tooling, a leading Tool Room in the country. TAGMA India is a Non-Profit Organisation, actively promoting the

Nick Stavrakis to Lead Dana Operations in Oceania

Dana Incorporated has appointed Nick Stavrakis as Managing Director for all operations in Australia and New Zealand as well as the company’s service and assembly center in South Africa, effective November 20, 2017. Stavrakis comes to Dana from SAF-Holland Australia where he served as Managing Director for the last nine years. Prior to that, he

Achates Power appoints two new Directors

Achates Power has appointed John Wall, former Chief Technology Officer, Cummins and John Koszewnik, Chief Technical Officer, Achates Power as new members to its Board of Directors effective immediately. “We are pleased to welcome our newest members to the Board of Directors. They bring deep industry experience and unique perspectives that will be beneficial as

Nirmal K Minda is the new president of ACMA

Nirmal K Minda, Chairman and Managing Director, Minda Industries Limited has been elected as the new President of Automotive Component Manufacturers Association (ACMA), the apex Industry body representing the interest of the Indian Auto Component Industry. ACMA has a membership of over 750 manufacturers and contributes to over 85 per cent of the auto component

Matthew Fahnestock is Dana’s new Chief Information Officer

Matthew Fahnestock has joined Dana Incorporated as vice president and chief information officer. He will oversee the development and implementation of Dana’s enterprise-wide information technology strategy. Dana provides highly engineered solutions for improving the efficiency, performance, and sustainability of powered vehicles and machinery. “Matt brings a wealth of IT experience and perspective to this key

Pilloo Aga wins AIRIA award for outstanding contribution

Pilloo Aga, Finance Director, Gold Seal Group has won the ‘Award for Outstanding Contribution to the Indian Rubber Industry’ instituted by the All India Rubber Industries Association (AIRIA). She has received the award from Kamal Chaudhari, president AIRIA, Vikram Makar, senior VP, AIRIA and Vinod Bansal, chairman, WR/MC member AIRIA at the recently concluded All