Breaking News

You are here » Indian-Commodity  :  Corporate  :  SKF inks pact with Audi: Reports


SKF inks pact with Audi: Reports

SKF has reportedly inked pact with Audi for providing its components for use on a range of vehicle models. The contract, which is estimated to the worth of nearly SEK 1 billion, includes the delivery of four different versions of wheel bearing units for the wheel-ends and a range of bearings for the new double clutch transmission. Deliveries would begin in 2013 from SKF factories in Spain and Italy.

SKF's wheel bearing units include an active ABS system and the flexible design that provide a cost-effective solution for a range of vehicles, using Audi's new modular MLB Evo-platform. Further, the company's transmission and clutch bearings are designed to meet Audi specific double clutch transmission needs.

SKF India provides products, solutions and services in the areas of rolling bearings, seals, mechatronics, services and lubrications systems. The company manufactures different types of bearings, seals including roller bearings, bearing units, housings, industrial and hydraulic seals, linear motion products, high precision bearing, spindles, electrical actuators, actuation systems and rolling bearing steel which are used in cars and truck wheels.

Related News

View all news

Indo Thai Securities to commence operations in new corporate office

Indo Thai Securities' proposed Registered & Corporate Office located at “2nd Floor, Plot Nos. 169A-170-171, PU-4, Scheme No. 54, Indore, Madhya Pradesh” is ready for operations and inauguration......

CARE revises ratings of Essar Oil's bank facilities

Credit rating agency, CARE has revised rating of Essar Oil's long term bank facilities worth Rs 9077.58 crore to 'A' from 'A-'. The rating agency has also revised rating of company's short term bank facilities......

PTC India inks MoU with South Delhi Municipal Corporation

PTC India has inked Memorandum of Understanding (MoU) with South Delhi Municipal Corporation for adoption of part of Bhikaji Cama Place under its 'Swachh Bharat Abhiyan'. As per the MOU, the company will......

Top News

View all news

Lupin, Tata Steel, Cipla and NBCC to see some action today

Lupin Pharmaceuticals, a subsidiary of Lupin, has launched its Duloxetine 40 mg Delayed-Release (DR) Capsule, which is the first and only generic Duloxetine formulation to become available in 40 mg dosage......

Near-term growth prospects remain favourable in India: IMF

International Monetary Fund (IMF) in its report 'Global prospects and policy challenges', meant for the G20 meeting of finance ministers in Ankara has stated that near-term growth prospects remain favourable......

HDFC Bank, ITC, Infosys and Syngene International to see some action

HDFC Bank, India's second largest private bank, cut its base rate by 35 basis points to 9.35%, from the existing 9.70 percent, thereby making loans from the bank cheaper. Earlier in June, the bank had......