Stellantis Announces $155M Investment in 3 Indiana Plants
New plants to support company’s goal of 50% electric sales in the U.S. by 2030.
BorgWarner Announces Name, Leadership for Aftermarket Spinoff
Brady Ericson named CEO and Chris Gropp named CFO of PHINIA Inc.
EGR Group Announces 50th Anniversary
Manufacturer rolls back prices on select accessories.
S&P Global Mobility Makes 2023 Light Vehicle Sales Forecast
Global new light vehicle sales will reach nearly 83.6 million units in 2023, a 5.6% increase year-over-year.
Sono Motors Expands Cooperation With Continental
Sono Motors to integrate Continental’s ADAS system in the Sion series-validation vehicles for the first time.
MAHLE Supervisory Board Appoints New CEO and New CFO
Arnd Franz is named CEO and chairman; Markus Kapaun to serve as CFO, effective Nov. 1.
Clarience Technologies Announces Top Supplier Awards
Winners were selected based on criteria including product quality and delivery, technological prowess and cost competitiveness.
Automechanika Announces Innovation Award 2022 Winners
Awards were presented in 8 categories such as E-Mobility, Data & Connectivity and a Green Award.
J.D. Power & LMC Automotive: US Auto Forecast for Aug. 2022
Vehicle inventory shortages constrain August sales pace as average transaction prices reach all-time high.
Visteon Announces Q2 2022 Results
Sales are up 42% from the prior year, which Visteon said was driven by new product launches and positive pricing due to incremental costs recoveries related to semiconductor shortages.