By Graeme Roberts | 28 November 2012
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SKF has signed contracts worth SEK1bn with Volkswagen group unit Audi.
The contracts includes the delivery of four different types of wheel bearing unit and a range of bearings for a double clutch transmission, Reuters reported.
More on the companies featured
Trump threatens German OEMs with 35% US import tariffs
VW China passenger car sales grew 14.1% in 2016
Volkswagen China Passenger Cars Brand ended 2016 on a record high. 2.997m vehicles were delivered to customers in Mainland China, some 370,000 more than in 2015, equating to a year-on-year growth of 14.1%. Both joint ventures, FAW-Volkswagen and SAIC...
Skoda UK 2016 sales rise 7.6%
Skoda is celebrating a record-breaking 2016 with best ever annual new car registrations in the UK. A total of 80,372 cars were registered, up 7.6% on 2015 (74,692), giving the brand a total UK market share of 2.98% (2.84% in 2015). Every vehicle in...
SKF invests further in Schweinfurt facility
SKF is investing a further SEK145m (US$16.23m) in improving the competitiveness of its large-size bearing production in Schweinfurt, Germany.
As part of the investment, a new, automatised hard machining channel will be installed. Combining...
SKF China investing further in roller manufacturing
SKF is investing SEK70m (US$7.80m) in developing roller manufacturing capabilities in Dalian, China. The investment will improve utilisation of the Group’s global manufacturing capacity and strengthen SKF’s service capabilities in...
Bentley 2016 global sales rise 9%
Bentley Motors delivered 11,023 cars in 2016, a record high and the company’s fourth consecutive year above 10,000 cars. This represents a 9% growth on the performance of 2015 (10,100 cars).
The Americas remained Bentley’s number one...
Brussels motor show - Jaguar F-TYPE & Skoda Octavia debuts
ANALYSIS - The four-cylinder Porsche Cayman S
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Daimler buys electronic payments company
Daimler Financial Services is acquiring the electronic payment services provider PayCash Europe. By gaining a foothold in the ePayment business, the automaker will be launching its own electronic payment services provider under the 'Mercedes...
Shell announces Rolls-Royce oil supply deal
Shell has announced an aftermarket/service oil supply deal with BMW's Rolls-Royce. Supply of 'genuine engine oil' actually began in October 2016 to dealers worldwide.
Renault inks labour deal but provokes CGT fury
Takata agrees settlement with US Department of Justice, three execs charged
SWEDEN: Saab receivers auction off rare modelsPREVIOUS
GERMANY: MAN to supply chassis to SanyNEXT
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