Special Report articles

Auto Industry To Fuel Indonesia’s Economic Growth

Auto Industry To Fuel Indonesia’s Economic Growth

By T Murrali The Indonesian government aims at ‘high, inclusive and sustainable’ economic growth. It has assigned a key role for the automotive industry in its ambitious eight to nine percent GDP growth rate in the next 10 years to 2025. The growth rate during 2011-14 has been 6.4-7.5 percent.  In the next decade it

Spark Minda in ASEAN – A Daring Step and Dazzling Results

By T Murrali A strategic and daring decision by Spark Minda of the Ashok Minda Group to set up a green field manufacturing facility in Indonesia a decade ago has produced amzing results. This state-of-the art facility is its manufacturing hub for the fast expanding ASEAN market. Now the Spark Minda Group has emerged as

Gold Seal-Saargummi Banks On Innovative Localisation

Continuing its intent to pursue technological innovation and excellence, and showcase its ability to go beyond the expectations of the very exacting OEM clients like Ford, Gold Seal- Saargummi India Private Limited, a joint venture of Gold Seal Engineering Products of Mumbai and CQLT Saargummi of Germany, has commissioned its greenfield sealings plant recently at

Consumer Watchdog Calls On Google To Release Driverless Car Accident Reports

Consumer Watchdog today called on Google to release the reports of accidents involving its driverless cars that have been filed with the California Department of Motor Vehicles and to commit to making public all future driverless car accident reports. “It is important that the public know what happened,” wrote John M. Simpson, Consumer Watchdog’s Privacy

Honda 2Wheelers annual production capacity to reach 6.4 million by 2016

Entails fresh investment worth INR 585 crore in Honda’s Narsapura plant in Karnataka Additional capacity of 6 lac units to be operational before the end of 2016 Honda’s combined annual production capacity to reach 6.4 million units before end of 2016   Honda Motorcycle & Scooter India Pvt. Ltd., (HMSI) the 100% subsidiary of Honda

ZF sales, earnings scale new heights

Germany-based technology company ZF Friedrichshafen AG recorded sales of EUR 18.4 billion in 2014, up nine per cent compared to 2013. Earnings before interest and taxes (EBIT) at EUR 1.1 billion increased, well above the industry average, to 36 per cent. Presenting the annual financial statements in Stuttgart on Tuesday, ZF’s CEO Dr. Stefan Sommer,

Continental Achieves Targets and Anticipates Sales of Around €37.5 Billion in 2015

The Continental Corporation achieved its annual targets in 2014 while also fulfilling several long-term objectives. As a technology leader the company generated sales of €34.5 billion as targeted and achieved an adjusted margin of 11.3 percent. The return on capital employed (ROCE) came to exactly 20 percent in 2014, thus having risen for the fifth