REYHER’s on the road to Automechanika Frankfurt 2018
REYHER will return to Automechanika Frankfurt this 11-15 September, targeting specialist visitors at the trade fair for the automotive service industry. From stand B62 in Hall 5.1, REYHER will provide comprehensive insights on parts, accessories, management & services of its extensive product and services portfolio. The supplier programme for the automotive sector includes original, standard, […]
Bulten sales grow 14.5% but metal prices squeeze margin
Strong sales and net bookings buoyed Bulten’s Q2 2018 financials, with a 14.5% increase on net sales to SEK 810 million. The same period saw operating margin squeezed by higher global market prices for steel and other metals – as well as an uneven rate of production thanks to new models – but that was […]
UK automotive industry urges rethink on Brexit ‘red lines’ following latest industry numbers
The UK government has come under further pressure on its post-Brexit plans, this time from the automotive industry. Last week the aerospace sector spoke up as Airbus warned on the disruption it would face if the UK left both the single market and customs union immediately without a withdrawal agreement. Now, the Society of Motor […]
NORMA acquires supplier, Statek
NORMA Group is to acquire Statek Stanzereitechnik GmbH (“Statek”). NORMA Group is Statek’s largest customer, accounting for around 70% of sales, buying housings and spring inserts for worm-drive hose clamps (pictured) from the company. Statek’s experience and production expertise is in stamping, bending and forming technology for almost all commonly used metals. Formed in 1980 by Dieter Anton […]
Automechanika Birmingham opens doors for third time
Today (6 June 2018) is expected to be amongst the busiest at Birmingham’s third Automechanika show. The automotive show is back at the NEC over 5-7 June and TR, a Trifast Plc company, is back exhibiting for the third time. TR is a full service provider (FSP) to the automotive industry, manufacturing, supplying and providing technical […]
TR Fastenings launches Tech & Innovation Centre in Gothenburg automotive hub
TR Fastenings (TR) has opened a new Technical and Innovation Centre in Gothenburg, in the Lindhoven Science Park – a hub for automotive innovation. The site will allow TR to achieve two main objectives: to form and enhance working relationships with key customers in the region, and to provide a showroom-style location where customers can […]
Automechanika Birmingham 2018 to shine spotlight on innovation
The third edition of Automechanika Birmingham starts next week and promises to focus on innovation in the automotive sector. The ‘new look’ agenda for the show – which runs 5-7 June 2018 at the NEC, in Birmingham – will feature keynote presentations, panels, forums and seminars. The programme will complement the exhibition, which brings together […]
SHOW PREVIEW: Automechanika Birmingham 2018
Automechanika Birmingham is driving back to the big Midlands city for a triumphant third lap this June. Torque sets the sat nav and checks ahead for the 2018 highlights… This summer, Birmingham will again become a hub for the UK’s automotive industry as it hosts Automechanika Birmingham, bringing thousands of visitors to the region. For the third year running, this trade […]
Bulten grows in Q1 & hails fastener growth prospects from electric cars
Sweden-headquartered Bulten has recorded a positive Q1, with net sales up 9.6% on the same period last year, reaching SEK 853 (778) million. Order bookings amounted to SEK 779 (720) million, an increase of 8.2% on the same period last year. Earnings after tax amounted to SEK 48 (51) million. Operating earnings (EBIT) totaled SEK 67 (63) […]
TR Fastenings’ USA team recognised for supplier excellence by Yanfeng
TR Fastenings Inc, the North American TR Fastenings (TR) business, has achieved a Supplier Excellence Service award from leading automotive interiors business Yanfeng Global Automotive Interiors (YFAI). The award was presented at the company’s annual North American Supplier Awards event in February this year. TR was rewarded for its excellent approach to customer service for […]