GKN, Dana Deal Collapses; GKN Accepts Offer From Melrose Industries
The GKN board says it now intends to work with Melrose to ensure the success of the enlarged company, in the interests of all stakeholders, including employees, customers and shareholders.
Dana Agrees To Combine With GKN’s Driveline Division
The merger will create a global leader in vehicle drive systems and electric propulsion.
Dana Confirms Discussions With GKN Regarding Potential Transaction
These discussions come in the wake of news reports that U.K.-based GKN is fighting off a hostile takeover bid from Melrose Industries.
GKN Driveline Opens 10,000-Square-Foot Test Center At Smithers Winter Test Facility
The new facility will allow GKN Driveline’s North American customers to test All-Wheel-Drive and eDrive systems for longevity, safety, power and torque performance in low-traction driving conditions.
GKN Driveline To Invest $179M To Expand North Carolina Manufacturing Facilities
The investment will occur over the next five years and will create 302 jobs.
GKN Expands Electric All-Wheel Drive Program With German OEM
Early adopters of GKN’s electric axle drive used the technology to create plug-in hybrid sports cars with electric all-wheel drive that enhanced performance and efficiency. Automakers are now equipping a new generation of compact vehicles with GKN electric drive technology.
GKN Driveline Increases Capacity In Poland
The company says this expansion will help GKN meet demand for more advanced drivelines.
GKN Achieves eAxle Production Milestone Due To Demand For Hybrid Electric AWD
More than 300,000 units of the eAxle range have now come off the production lines at GKN’s eDrive centers of excellence in Italy and Japan.
GKN Driveline Starts Production At State-Of-The-Art Mexico Facility
At full capacity, the new Villagran, Mexico, plant will produce more than 1 million propshafts a year and will employ 380 people.
GKN Brings Supercar Hybrid Technology To Mass Market
GKN Driveline is transferring hybrid technology from super sports cars such as the Porsche 918 Spyder and BMW i8 into affordable compact vehicles.
