Johnson Controls Shareholders Approve Merger With Tyco
JCI says the merger will create a global industrial leader uniquely positioned in the buildings and energy markets with $30 billion in annual revenue, by bringing together two leading businesses with best-in-class product, technology and services to deliver greater value to customers, shareholders and employees.
Brazil’s Fortbras Group Acquired By Private Equity Investors
The transaction marks Advent International’s first investment in the fragmented $35 billion Brazilian real (approximately $11 billion USD) aftermarket auto parts sector in Brazil.
Renault Presents Axalta Coating Systems With Supplier Award For Innovation
Axalta is the only company this year to receive an award from Renault in the innovation category.
Ford And Baidu Invest $150M In Velodyne LiDAR
According to Velodyne, this investment will allow the company to rapidly expand the design and production of high-performance, cost-effective automotive LiDAR sensors, accelerating mass adoption in autonomous vehicle and advanced driver assistance systems applications and therefore accelerating the critical, transformative benefits they provide.
Demand Driven And The Global Supply Chain
In this audio interview from GlobalBusinessProfessor.com, Carol Ptak, founder and partner of the Demand Driven Institute, describes how demand driven differs from the traditional planning approaches for international automotive suppliers.
Automechanika Frankfurt To Offer A Wide Range Of Lectures And Events
The organizers say that the Automechanika Academy program is now of a size and scope that could easily provide the material for several supplementary professional qualifications. To make it easier for visitors to choose between the available offerings, the program has been split into two main tracks.
AkzoNobel Helps Link 2 Indonesian Villages For Better Quality Of Life
Through a collaboration between leading global paints and coatings company AkzoNobel, BMT Group, a producer of international paint, and Yayasan Relawan Kampung (YRK), the “Bridge of Hope” has been built to connect the people of the two villages and enable safer crossing of the Ciliman River.
Dayco CEO John Bohenick To Keynote 2016 Automotive Aftermarket Asia Pacific Summit
Bohenick will serve as keynote speaker during the second edition of the conference and will address the challenges the industry faces in this market. The 2016 Automotive Aftermarket Asia Pacific Summit will take place Sept. 1-2 in Bangkok, Thailand.
Commercial Vehicles On The Way To Digital Transformation
The 66th IAA Commercial Vehicles trade show, taking place from Sept. 22-29 in Hannover, will place a firm focus on the megatrends of the future: digitization and electric mobility.
GKN Driveline Increases Capacity In Poland
The company says this expansion will help GKN meet demand for more advanced drivelines.
Panasonic Acquires All Shares Of German Software Company OpenSynergy
OpenSynergy is a high-tech company specializing in embedded automotive software for cockpit solutions. Panasonic said it has positioned its automotive business as a high-growth area, and expects the business to contribute in the areas of “comfort,” “safety” and “environment.”
Ficosa Opens A New Plant In Brazil
Ficosa’s new factory will manufacture rear-view mirrors, control and command systems, underhood solutions and electronic systems for automobiles.
