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Takata has 1.7 trln yen in liabilities - Jiji, citing Tokyo Shoko Research estimate

Sunday, 25 Jun 2017 10:43pm EDT

June 26 (Reuters) - Takata Corp <7312.T> has 1.7 trillion yen ($15.27 billion) in liabilities - Jiji, citing Tokyo Shoko Research estimate:.

Amtek Auto says John Flintham resigns as vice-chairman & MD

Friday, 23 Jun 2017 08:23am EDT

June 23 (Reuters) - Amtek Auto Ltd ::Says John Ernest Flintham resigns as vice-chairman and managing director of company.Says board discussed issue of co falling under insolvency and bankruptcy code, 2016 ('IBC code').

MCE Holdings secures contracts to supply components and parts for Perodua car model

Friday, 23 Jun 2017 06:56am EDT

June 23 (Reuters) - MCE Holdings Bhd ::Estimated total investment cost for project is 1 million rgt.Secured contracts to supply various electronic and mechatronic components and parts for a Perodua new car model.Projects are expected to generate total revenue of approximately 60 million rgt for mce group over 6 year period.Projects are expected to contribute positively to earnings of co over a 6 year period commencing from financial year ending 31 July 2018.

Zhejiang Yueling's shareholders to cut stake in the company

Friday, 23 Jun 2017 05:10am EDT

June 23 (Reuters) - Zhejiang Yueling Co Ltd <002725.SZ>:Says controlling shareholders, owners and major shareholder plan to unload up to 2.6 percent stake in the company within six months.

Advanced Braking Technology updates on production delays from suppliers

Thursday, 22 Jun 2017 09:44pm EDT

June 23 (Reuters) - Advanced Braking Technology Ltd ::Had experienced further production delays from its suppliers of Terra Dura brake components.Fault was discovered as part of ABT'S regular quality control inspection process.Production delays will result in first production sets now being made available to customers in July 2017.

Tianjin Motor Dies not involved in Tesla's production project in China for now

Thursday, 22 Jun 2017 07:58am EDT

June 22 (Reuters) - Tianjin Motor Dies Co Ltd <002510.SZ>:Says it is not aware of Tesla's <<>> plan to build factory in China.Says it does not participate in Tesla's production project in China for the time being.

Kasai Kogyo to establish Slovakia-based unit in September

Thursday, 22 Jun 2017 03:12am EDT

June 22 (Reuters) - Kasai Kogyo Co Ltd <7256.T>:Says it plans to establish a Slovakia-based wholly owned unit named KASAI SLOVAKIA s.r.o. in September.Says the new unit will be capitalized at 10 million euros (1.25 billion yen).Says the new unit will be engaged in production and sales of automobile interior components.

Kasai Kogyo to establish Slovakia-based unit in September

Thursday, 22 Jun 2017 03:11am EDT

June 22 (Reuters) - Kasai Kogyo Co Ltd <7256.T>:Says it plans to establish a Slovakia-based wholly owned unit named KASAI SLOVAKIA s.r.o. in September.Says the new unit will be capitalized at 10 million euros (1.25 billion yen).Says the new unit will be engaged in production and sales of automobile interior components.

Mutares Group's STS acquires Brazilian plant of Autoneum

Thursday, 22 Jun 2017 02:45am EDT

June 22 (Reuters) - MUTARES AG :DGAP-NEWS: MUTARES GROUP: STS ACQUIRES BRAZILIAN PLANT OF AUTONEUM.‍STS EXPECTS A STRONG POTENTIAL FOR GROWTH IN RECOVERING BRAZILIAN MARKET AND PLANS WITH MID-TERM REVENUES OF EUR 12M.​.

Autoneum sells production facility in Brazil

Wednesday, 21 Jun 2017 12:03pm EDT

June 21 (Reuters) - AUTONEUM HOLDING AG :AUTONEUM HAS SOLD ITS PRODUCTION FACILITY IN BETIM, BRAZIL, TO AUTOMOTIVE SUPPLIER STS GROUP.SALE IS A NECESSARY MOVE FOR ADAPTING THE COMPANY’S SOUTH AMERICAN PRODUCTION CAPACITY TO LONG-TERM MARKET DEMAND.

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