Toyota Boshoku, Autoneum And Nihon Tokushu Toryo Agree To Establish Joint Venture
With an aim to further strengthen the ongoing cooperative relationship in the automobile interiors business, the companies have signed a joint venture agreement to undertake noise and vibration evaluation and analysis of automobile interior systems.
Lear Corp. Breaks Ground On New Manufacturing Facility In Michigan
Lear’s Flint seating plant will be the first major automotive supplier manufacturing facility constructed in Flint in more than 30 years.
MANN+HUMMEL Acquires Jack Filter Lufttechnik And Jack Filter Hungaria
Alfred Weber (pictured), president and CEO of MANN+HUMMEL, said, “This acquisition is a perfect fit for our corporate strategy. It gives us the opportunity for further growth in the non-automotive segment. The state-of-the-art production facilities and the expertise of the employees who work there will help us to continue to achieve leadership in filtration. We look forward to working with all Jack Filter employees.”
Adient Reports Strong Second Quarter 2017 Results
The company also has increased its full-year earnings expectations.
Visteon Reports Strong 2016 Financial Results, Driven By Record Performance
The company also announced a new $400 million share repurchase authorization.
Adient Joins University Of Michigan’s Mobility Transformation Center
Affiliates to the program, such as Adient, commit $150,000 over three years in order to participate in selected MTC working groups and research programs as well as key research reviews and an annual MTC Congress. They also have access to the Mcity proving ground and on-road vehicle test beds.
Adient Reports Strong 1st Quarter Fiscal 2017 Results
The company has reported GAAP net income and EPS diluted up 9 percent to $149 million and $1.59, respectively for the first quarter.
IAC Appoints Terry Gohl Cockpit And Overhead Systems Chief Operating Officer
Along with Gohl’s appointment, Maurice Sessel has been promoted from president, North America, to chief operating officer of the company’s Soft Trim and Acoustics business.
BASF Presents Winners Of 2017 Detroit Middlecott Sketchbattle
Casey Swanseger, designer at a Detroit automotive OEM, and Ian Bass, student at the College for Creative Studies, won the 2017 Middlecott Sketch Experiment presented by BASF.
Lear Introduces ‘Crafted By Lear’ At The Center For Craftsmanship In Southfield, Michigan
At the heart of Crafted by Lear is the new Center for Craftsmanship, a dynamic studio housing a world-class team of seasoned seating design and engineering professionals.
