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IMPAL, a part of the TVS Gruop, has agreed to purchase ZF's stake in India Brakes Private Limited

IMPAL to Buy ZF’s Stake in Brakes India

CHENNAI, India – Last year ZF announced it would divest itself of its stake in Brakes India Private Limited, a joint venture with TVS which controls some 55-60 percent of the country’s brake market, and according to media reports, it…

SBS Friction’s upgraded method for bonding friction material to backing plate for the RSI product range

SBS Upgrades Brake-Pad Bonding Method

Source: SBS Friction A/S announcement SVENDBORG, Denmark – SBS Friction, a leading motorcycle brake-pad manufacturer, has introduced an upgrade of its RSI compound with an indestructible mechanical bonding. It is a sintered compound formulated for high thermal stability, powerful and…

ASK Automotive Wins Honda India Award

Source: ASK Automotive announcement GURGAON, India – Honda Motorcycles and Scooter India Limited (HMSI) presented ASK Automotive with its 19th award in the past 20 years. The most recent one was for delivery management. The awards have come in the…

Brakes India has completed its acquisition of joint-venture-partner ZF's shares

ZF Stake in Brakes India Up for Sale

Source: moneycontrol.com post Global private equity players and auto component manufacturers may buy German auto parts giant ZF Friedrichshafen AG’s stake in Brakes India Private Limited — an Indian joint venture with the TVS Group. ZF is said to exit…