CCI slaps Rs 17 crore penalty on Japan’s JTEKT for “cartelisation”

The Competition Commission of India (CCI) has in its latest order imposed a penalty of Rs 17.07 crore (Rs 17,07,31,443/-) on Japan based JTEKT/ JSAI , manufacturers of power steering for automobile manufacturers In ...

Emergency braking and lane assist systems on the rise, says Bosch evaluation

Driver assistance systems are playing an increasingly greater role when it comes to purchasing a car. The importance of lane assist and automatic emergency braking systems in particular has grown significantly. Acco...

ZF creates concept car called the Smart Uban Vehicle

ZF has made a concept ZF Smart Urban Vehicle. The concept car which is powered by electricity, ZF says that it us “a starting point from which concepts for future urban mobility”. The ZF Smart Urban Vehicle has a...

Bosch completes acquisition of ZF Lenksysteme

On January 30, 2015, the Bosch Group completed the acquisition of ZF Friedrichshafen AG’s 50 pc share in the joint venture ZF Lenksysteme GmbH (ZFLS). The antitrust authorities have approved the acquisition. This me...




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