Federal-Mogul Signs Definitive Agreement To Purchase Significant Portion Of Honeywell Friction Business
Acquisition expands global reach in Federal-Mogul’s core business of brake friction materials.
2014 Consumer Electronics Show A First For Valeo
To support its development in the years ahead, Valeo is presenting three major technologies at this year’s CES.
Bosch Introduces New Start-Stop System With Coasting Mode
New Bosch system stops the engine when the vehicle is traveling at speed, helping cut fuel consumption by 10 percent.
Autoliv Receives Excellence Award From Volvo Car
Autoliv has received Volvo Car Corp.’s Excellence award for the development of the world’s first pedestrian protection airbag.
Cooper Tire Terminates Merger Agreement With Apollo Tyres
Cooper says it is now focusing on building its business. Apollo comments on the termination.
With Deal Seemingly Dead, Cooper Now Focused on Damages
In a filing on Dec. 20 in Delaware Chancery Court, Cooper said it intends to seek damages, and suggested a conference with both the court and Apollo in January, according to a report by the Findlay Courier.
Axalta Coating Systems To Coat Beijing’s Blue Cat Subway Line
Refurbished trains, nicknamed “Blue Cat” for their blue Axalta color coating and striking similarity to a cat, will cross the city from east to west and hit speeds of up to 80 kilometers per hour.
Champion Oil Seeking Master Warehouse Distributor In Middle East
The company will be conducting interviews at the upcoming Middle East Business Development Conference sponsored by SEMA in the Unite Arab Emirates this coming March.
LIQUI MOLY Invests 20 Million Euros In Development And Production
This is the largest investment program in the company’s history.
Visteon Completes Sale Of Yanfeng Joint Venture
The sale of the YFV stake is the largest part of a series of transactions that also includes the sale of certain other interiors joint ventures and the acquisition by Visteon of a controlling interest in Yanfeng Visteon Automotive Electronics Co. Ltd. (YFVE), which was completed in November 2013.
BorgWarner Acquires Wahler
With locations in Germany, Brazil, the U.S., China and Slovakia, Wahler employs approximately 1,250 people and supplies customers such as Daimler, Volkswagen, BMW, GM and John Deere.
Axalta Coating Systems Opens Offices, Academy For Customers In The U.K.
The refinish training center, called the Axalta Coating Systems Academy, will open in February 2014.