2020
22 Sep
Nikola founder Trevor Milton resigns as chairman amid allegations, SEC probe


The founder and executive chairman of embattled zero-emission truck maker Nikola has resigned, the company announced on Sunday, after allegations of fraud which sparked a stock tumble and a regulatory investigation.

The Phoenix-based company said in a statement that it had accepted Trevor Milton…

2020
22 Sep
New apprentices welcomed at Schaeffler's Schweinfurt location

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Training starts under Corona conditions
Home office, e-learning and collaboration platforms support trainers and trainees
More IT apprenticeships and the addition of digitization and robotics to the trainin…

2020
22 Sep
New apprentices welcomed at Schaeffler's Herzogenaurach location

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Training starts under Corona conditions
Home office, e-learning and collaboration platforms support trainers and trainees
More IT apprenticeships and the addition of digitization and robotics to the trainin…

2020
22 Sep
Schaeffler increases its commitment in the area of rear axle steering

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Development cooperation started with Bosch Automotive Steering
Intelligent mechatronic rear-axle steering ensures more driving comfort and safety with the highest energy efficiency
Matthias Zink: "An i…

2020
22 Sep
NORD Offers MAXXDRIVE XT Gear Units for Conveyor Applications


Two-stage MAXXDRIVE XT right-angle gear units from NORD are ideal for belt conveyor systems in heavy-duty applications such as the bulk material and mining industries. Available in seven case sizes, these rugged units provide powers from 50 – 1500 hp, output torques between 130,000 – 600,000 lb-in., and speed ratios from 6:03 …

2020
22 Sep
SKF and University of Twente Open State-of-the-Art Technology Center

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SKF and the University of Twente which have collaborated for over 30 years have launched a dedicated SKF University Technology Center (UTC) for grease lubrication in rolling bearings.&nb…

2020
21 Sep
Tesla initiates talks to set up research centre in Bengaluru

Tesla held exploratory discussions with Karnataka government officials on September 10, who are seeking a possible investment by the world’s most valuable carmaker in a research facility in Bengaluru, people familiar with the development told ET.

A followup meeting is expected later this month, they said, during…

2020
21 Sep
HAAH Automotive offers $258 million for a significant stake in ailing Ssangyong Motor


HAAH Automotive Holdings Inc., a US based import car distributor, is understood to invest close to $258 million in Ssangyong Motor Co. for a substantial stake in the South Korean automaker. HAAH is supposed to have submitted the proposal late last week, said the a person in the know.

Mahindra currently holds a 7…

2020
21 Sep
EASA Announces 2021 Convention Theme 'Keeping Industries Moving'

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The Electrical Apparatus Service Association (EASA) announced the theme for its 2021 Convention & Solutions Expo, planned for June 27-29, 2021, at the Fort Worth Convention Center in…

2020
21 Sep
Goodyear Introduces Line of Braking Components

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In a licensing deal with FDP Virginia, Goodyear Brakes announced that it is introducing a full line of braking components. Goodyear Brakes was created to address a critical need in the a…

2020
21 Sep
Bearings 2.0: What the future holds

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SKF’s global technical press days to outline how bearing technology is speeding up industrial digitalization and creating new business models.


Entitled ‘Bearings 2.…

2020
21 Sep
SKF and University of Twente open state-of-the-art technology center

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SKF and the University of Twente are combining their research expertise to drive advances in an area crucial to rotating machinery performance: grease lubrication.


SKF …

2020
18 Sep
IMTS Digital Technology Showcase: Acu-Rite


Heidenhain will present a live 15-minute visit at its Acu-Rite headquarters in Illinois on Tuesday, Sept. 22 at 11 a.m. (Central Time) as part of the free IMTS Spark Ignites digital platform. This live Acu-Rite demonstration in Schaumburg promises to allow viewers an inside look at its Demo Center, as well as at the latest in DROs…

2020
18 Sep
AGMA Releases Publication for Flexible Coupling Nomenclature

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AGMA has released the ANSI/AGMA 9009-E20, Flexible Couplings - Nomenclature for Flexible Couplings publication. 


This standard presents the nomenclature …

2020
18 Sep
New apprentices welcomed at Schaeffler's Herzogenaurach location

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Training starts under Corona conditions
Home office, e-learning and collaboration platforms support trainers and trainees
More IT apprenticeships and the addition of digitization and robotics to the trainin…

2020
18 Sep
New apprentices welcomed at the Schaeffler site in Höchstadt

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Training starts under Corona conditions
Home office, e-learning and collaboration platforms support trainers and trainees
More IT apprenticeships and the addition of digitization and robotics to…

2020
17 Sep
German automotive supplier Mahle seeks to cut 7,600 jobs


German automotive supplier Mahle said on Wednesday it was seeking to reduce its workforce by 7,600 people as it accelerates its restructuring in response to the industry slump caused by the COVID-19 pandemic.

"We're currently facing a crisis, the like of which we've never experienced before,&qu…

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