plant located in PILBA industrial park. The expansion was announced during a meeting between León’s economic reactivation authorities and company executives. Samtech specializes in forging technology for the production of key automotive safety and assembly components. Its main product is the hub bearing, a critical safety component that connects the wheel to the vehicle axle. From León, the company supplies markets in the United States, South...

News  Updated at: 2026/03/12

Kursk Bearing Plant, Russia launched production of bearings for GAZ, KAMAZ, and UAZ vehicles On March 3, the Industrial Development Fund (IDF) announced that Kursk Bearing Plant APZ-20 has launched serial production of import-substituting radial bearings for light commercial vehicles and trucks produced by GAZ, KAMAZ and UAZ. The annual output is expected to reach up to 500,000 bearings. The total investment in the project amounted to RUB 189 mil...

News  Updated at: 2026/03/03

KTM motorcycle, subsidiary of Bajaj group, India, secures EUR 550 million refinancing loan On February 27, Bajaj Auto announced that KTM AG, the Austria‑based motorcycle manufacturer and step‑down subsidiary, has signed a new EUR 550 million unsecured loan with an international banking consortium to refinance debt owed to Bajaj Auto International Holdings B.V. The five‑year facility, bearing interest in the low‑ to mid‑single‑digit r...

News  Updated at: 2026/02/27

Garrett Motion wins business for centrifugal compressor in China On February 20, Garrett Motion Inc. announced the first serial award for its oil-free, foil bearing-based centrifugal compressor by Chinese industry leader Cling for electric buses and trucks in China. This compressor will be integrated into Cling’s next-generation electric bus and truck HVAC systems, with expected start of production in 2027.  The compressor uses an ultra-high-s...

News  Updated at: 2026/02/23

Toyoda Gosei Nishimizoguchi Plant reaches waste reduction goal earlier than planned Toyoda Gosei Co., Ltd. (Toyoda Gosei) announced on February 16 that its Nishimizoguchi Plant (Inazawa City, Aichi Prefecture), which designs and produces molds and equipment, has achieved its waste reduction goal ahead of schedule. The plant has reduced waste mainly water-bearing oil by 97% from the figure in the fiscal year that ended in March 2013 (FY2012). The ...

News  Updated at: 2026/02/18

NRB Bearings, India to expand capacity with INR 700 million capex On February 9, NRB Bearings Limited announced that its Board has approved a capital investment plan of about INR 700 million to upgrade and expand capacity across multiple bearing product lines, including needle, ball, centre, thrust, rocker arm, taper roller, spherical roller bearings, shafts, and other special bearings. It mentioned that its existing capacity is almost fully util...

News  Updated at: 2026/02/11

ted the sale of its ContiTech business area, Original Equipment Solutions (OESL), to Regent L.P. The sale agreement was signed and announced on August 27, 2025, as part of the ContiTech group sector’s strategy to sharpen its focus on industrial customers. OESL develops and produces hose lines and bearing elements for combustion-engine and electric vehicles. The business employs around 14,000 people and generated around EUR 1.7 billion in sales ...

News  Updated at: 2026/02/09

a size that accounts for around 10% of its Japanese operations. Through integration with former Vitesco Technologies Group AG, Schaeffler put a system in place to enable the provision of a wide range of products such as motors, inverters, and control software. The company believes that by combining bearing and gear technologies it has cultivated over many years, it can integrally provide designs and proposals for industrial equipment including hu...

News  Updated at: 2026/02/03

comprehensive range of Electrification Solutions, including drives, motors, and modules, as well as efficient powertrain solutions for optimized ICE and hybrid technologies. Additionally, it offers innovative chassis components, smart sensors, and fuel delivery modules, along with friction-reducing bearing solutions for next-generation vehicles. Based on Schaeffler India Limited press release...

News  Updated at: 2026/01/28

NTN to accelerate reorganization of global production sites for automotive products NTN Corporation (NTN) is accelerating the reorganization of its global production sites that manufacture its main automotive products such as bearings and constant velocity joints (CVJs). The company will reduce production costs with a view to electrification. Its three-year mid-term business plan for the period ending in March 2027 (end of FY2026) includes about ...

News  Updated at: 2026/01/28

ban, GMC Yukon and Cadillac Escalade SUVs from model years 2019 through 2024. NHTSA said in documents posted on its website that engine failure could result in loss of power of the vehicle, “which may lead to an increased risk of a crash.” The agency has received complaints of 39 incidents on a bearing failure that may result in either engine seizing or a connecting rod breaching the engine block. There are no signs of the defect before the e...

News  Updated at: 2026/01/23

y in high-technology sectors. The delegation also held investment talks with targeted firms, including (i) Seenpin Electromechanical Transmission, a supplier of high-precision components for humanoid robots with Tesla Bot among its customers; (ii) Zhejiang Jinwo Precision Machinery, a specialist in bearing rings and precision parts for EVs and machinery; and (iii) Zhejiang XCC Group, a producer of bearings and precision components for EVs and rob...

News  Updated at: 2025/12/22

Nokia, Finland, signs Wi-Fi patent license agreements with Stellantis and Mercedes-Benz On December 10, Nokia signed a royalty bearing patent license agreement with Stellantis covering the use of its Wireless LAN technologies in Stellantis’ vehicles. This follows a recent agreement with Mercedes-Benz, also covering the use of WLAN technologies in their vehicles. Nokia’s substantial portfolio of patents essential to the IEEE 802.11 WLAN standa...

News  Updated at: 2025/12/17

ting-edge precision components to the global market at this event. MinebeaMitsumi will bring its future-oriented solutions like precision components and technologies that target high-growth sectors, such as humanoid robots, fully autonomous driving, and drones, etc. It has products like a cartridge bearing, BLDC motor, coil, power supply inductor, etc., for fully autonomous driving (LiDAR). It will display the bearing, torque sensor, force sensor...

News  Updated at: 2025/12/17

tellantis, and record aftermarket sales. Overall sales grew by about 25%, coinciding with the company’s 50th anniversary in Brazil. While 2026 is expected to remain stable in production volumes, growth is projected to resume in 2027 with the new turbo line. The Itatiba facility also produces ball-bearing turbochargers for heavy vehicles that meet Brazil’s Proconve L8 emission standards. BorgWarner continues to strengthen its role as a key sup...

News  Updated at: 2025/12/12

Chery, HBIS Group co-develop 2,400MPa auto hot-formed steel plate On December 8, Chery announced the development of a 2,400MPa automotive hot-formed steel plate with HBIS Group Co., Ltd. (HBIS Group). Hot-formed steel plates, widely used in core load-bearing and anti-collision structures such as A- and B-pillars, door anti-collision beams, door rings, and floor beams, deliver an industry mainstream strength of 1,300-1,800MPa. The Chery-HBIS coope...

News  Updated at: 2025/12/11

battery capacity falls below a certain threshold. The company will also present its high-performance master control units (HP MCU) for software-defined vehicles, which serves as a central, cross-domain integration platform for powertrain functions. Other exhibits include the VoltShield-P insulation bearing for e-motors and thermal management solutions for per- and polyfluoroalkyl substances (PFAS)-free refrigerants. (From a press release dated De...

News  Updated at: 2025/12/04

NTN develops method of calculating bearing torque with high accuracy NTN Corporation (NTN) has developed a method of calculating force (torque) necessary for bearing rotation with high accuracy. Bearings for electrified vehicle motors and decelerators are required to provide higher rotational rates and lower torque than before. NTN developed a new method of accurately calculating torque needed to rotate bearings at high speeds. This calculation m...

News  Updated at: 2025/12/04

to increase its production capacity eightfold by FY2030, compared with FY2024 results, including by starting mass production overseas. Anticipating an increase in its commercial opportunities driven by the further electrification of automobiles, NTN will position it as a core business alongside the bearing and drive shaft businesses and is prioritizing its investment of management resources. Ball screws, which apply the principles of bearings, ge...

News  Updated at: 2025/10/30

U.S. NHTSA expands probe into 286,000 GM vehicles over engine failure risk On October 27, the U.S. National Highway Traffic Safety Administration (NHTSA) announced it is expanding its probe into 286,000 GM vehicles in the U.S. over a possible engine failure issue, following several complaints despite an earlier recall. NHTSA said the issue stems from engine bearing failures in GM's L87 6.2-liter engine installed in the 2019-2021, 2024 Chevrolet S...

News  Updated at: 2025/10/28