Meritor Announces Sale Of Brazilian Joint Venture
The purchase price at closing for Meritor’s ownership interest was $195 million in cash and other consideration.
Bosch Opens New Headquarters In Budapest
Bosch has invested 1 billion euros in Hungary since 2004, and plans to invest 100 million more by 2015.
Messe Frankfurt Welcomes Latest Newcomer To The Automechanika Brand Family: Automechanika Kiev
Automechanika Kiev, Messe Frankfurt’s new regional trade fair targeting the automotive industry in Ukraine, will take place May 21-23, 2014.
Penske Automotive Signs Agreement To Acquire Commercial Vehicle And Parts Distributor In Australia And New Zealand
International automotive retailer Penske Automotive Group is making its way into the aftermarket distribution segment.
Cooper Tire, Industrias Negromex (INSA) Announce Commercialization Of Silica Masterbatch Technology
SMB has been applied to high volume material and used by Cooper to manufacture more than 2 million premium passenger tires.
Mac Tools Names Redline Detection First U.S. Supplier To Develop And Export Products For Mac Tools Japan
Redline’s Smoke Pro Total Tech has already started shipping to Japan.
Autoliv To Build New Textile Center To Support Growth In China
Globally, in 2012, Autoliv produced 70 million airbag cushions in-house and purchased 40 million from external suppliers for its total production of 110 million complete airbags.
Johnson Controls Reports Double-Digit Increase In Third Quarter 2013
Company reports significant improvements in its European automotive business.
GMB Introduces Updated Full Line Of Fan Clutches At PAACE Automechanika
Along with a full product showcase, GMB created a complete visitor experience at its booth to promote visitor engagement.
Castrol Partners With TomTom To Study The Impact Of Stop-Start Driving Patterns Around The World
A report highlighting the impact of stop-start driving in 50 cities and regions around the world will be published by Castrol and TomTom in September.
Dana Earns Mahindra & Mahindra’s Best Supplier Award
Dana was recognized for superior technology and exceptional overall performance in quality, delivery and responsiveness.
BorgWarner Supplies Dual-Clutch Modules To Automaker In China
BorgWarner’s DualTronic technology supports SAIC Motor with the first locally developed wet dual-clutch transmission in China.