2021
23 Mar
Tesla rallies after Ark Invest predicts $3,000 stock price

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Shares of Tesla jumped over 6% on Monday, getting a lift from a bullish report from Ark Invest, an influential shareholder in the electric car maker.

Ark Invest said in a r…

2021
23 Mar
Auto industry braces for more chip shortages after fire

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 A fire at a plant owned by Japanese chipmaker Renesas could deepen the ongoing global semiconductor shortage that has especially hampered automobile production.

2021
23 Mar
ISO Announces Publication of New Standards

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ISO Central recently announced the publication of the following new standards:  


ISO 4156-1:2021(E), Straight cylindrical involute splines — Metric module, …

2021
22 Mar
Winsmith Launches Stainless Gearmotor

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Winsmith has announced the launch of a new Winsmith IP69K Certified Stainless Gearmotor, which provides the ultimate ingress protection for the harshest food processing environments. Thi…

2021
22 Mar
Maxon Supplies Motors and Controllers for Emirates Team New Zealand

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Maxon Group extend their heartfelt congratulations to Emirates Team New Zealand. In the historical 36th America’s Cup that endured extra challenges including Covid-19, race cancellatio…

2021
22 Mar
Auto components PLI to accelerate growth, sector's export potential

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The Centre's plan to introduce a production linked incentive scheme for the automotive components industry can accelerate the overall sectoral growth in the country.

Accordi…

2021
22 Mar
Renesas says it will take at least a month to restart fire-damaged chip line

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Japan's Renesas Electronics, a key automotive semiconductor supplier, said on Sunday that production at a fire-damaged plant will take at least a month to restart, pot…

2021
22 Mar
RINL to begin commercial production of forged wheels at UP plant this month

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State-owned steel maker RINL will start commercial production of forged wheels at its Rae Bareli unit in Uttar Pradesh this month, a company offic…

2021
22 Mar
Auto components maker Rolex Rings files IPO papers

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Auto-components maker Rolex Rings Ltd has filed preliminary papers with capital markets regulator Sebi to launch an initial share sale. So far this year, 16 companies have file…

2021
19 Mar
Updated app extends use of super-precision bearings from SKF

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An updated app from SKF extends access to information on super-precision bearings – allowing users to combine bearings into sets.


SKF has updated the app that gives u…

2021
19 Mar
SKF tests autonomous and electrical transport of goods

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SKF is now testing a self-driving electric truck together with the tech company Einride, to transport goods on a public road between the factory and the warehouse in Gothenburg.

2021
19 Mar
Autonomous driving startup Momenta raises $500 mln from SAIC, Toyota, others

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Chinese autonomous driving startup Momenta said on Friday it has received $500 million from SAIC Motor, Toyota Motor and auto parts supplier Bosch…

2021
19 Mar
Dana Earns Recognition as John Deere 'Partner-Level' Hall of Fame Supplier

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Dana’s operations in Crescentino, Italy, have earned recognition as a Partner-level supplier for 2020 and was inducted into the Supplier Hall of Fame in the John Deere Achieving Excell…

2021
19 Mar
Amorphology Opens West Coast Demonstration Center with Starrag Bumotec 7-Axis Machining Center

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Amorphology and Starrag Bumotec are teaming up to establish the only U.S. West Coast laboratory where customers of both companies can observe real-time precision engineering and machinin…

2021
19 Mar
ProMatDX 2021 Preview: NORD

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NORD will exhibit at the ProMatDX Digital Experience April 12 – 16, showcasing its specialized drive solutions for Logistics applications. ProMatDX is designed to combine the power of …

2021
18 Mar
Fire triggers pollution concerns at US Steel coke plant


The second fire in six months at U.S. Steel’s massive coke plant outside Pittsburgh knocked a key pollution control system offline for nearly 16 hours Monday, prompting a health warning for residents and stern words from the region’s top elected official.


The steelmaker announced late Monday that it had compl…

2021
18 Mar
SKF Offers Regenerating Lubrication Oil System

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An oil-recovery system, which SKF has used to regenerate lubricant at two of its production plants, is now available to customers as a service.


SKF RecondOil’s Double…

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