Genstar Capital To Acquire Majority Stake In OEConnection From Providence Equity
As part of the transaction, current investors Ford Motor Co. and General Motors will each retain their minority investments in the company.
New Axalta Report Unveils Color Trends Shaping The Automotive Industry
The 2019 Automotive Color Trend Report reveals unique color combinations driven by autonomous vehicles, specialized vehicle types and regional preferences.
API Engine Oil Licensing And Certification System Updated
“This new standard helps to ensure consumers have the peace of mind that they’re putting the highest-quality engine oils in their cars or trucks,” said Kevin Ferrick, director, API Product Programs.
Exide Technologies Completes Comprehensive New Financing And Recapitalization
The transaction “has enhanced the company’s liquidity, extended debt maturities and deleveraged its balance sheet,” according to Exide.
KPS Capital Partners To Sell Chassis Brakes International To Hitachi Automotive Systems
Headquartered in Eindhoven, The Netherlands, the company’s primary products include brake calipers, disk brakes, drum brakes and parking brakes. The company focuses on developing safer, cleaner, smarter solutions that will support mega-trends impacting the automotive industry, such as connectivity, electrification and autonomous driving.
API Announces Improved Standards For Engine Oils
The standards will provide greater protection and fuel efficiency for today’s gasoline-engine-powered cars and trucks, according to API.
Tailwind Capital Buys RANDYS Worldwide Automotive
RANDYS is a leading supplier of highly engineered drivetrain products to the automotive aftermarket.
MEMA, AASA Host Data Access Policy Panel On Capitol Hill
The panel discussion, “Who Owns Your Car’s Data,” was held at the Capitol Visitors Center. More than 20 legislative staff members and industry leaders attended. A lively question-and-answer period was held after a 45-minute panel discussion.
Sky Island Capital Purchases Majority Control Of Material Sciences Corp.
Headquartered in Canton, Michigan, MSC produces advanced materials and specialty coated metals that are engineered to address lightweighting, noise, vibration and harshness (NVH), as well as corrosion, architectural and aesthetic needs for a wide variety of end-markets, including transportation, building products, packaging and consumer goods.
FCP Euro Receives Debt Investment From Stonehenge Growth Capital
European aftermarket car parts e-commerce business FCP Euro has received an investment from Stonehenge Growth Capital to help the company expand in Milford, Connecticut.
