BorgWarner and Delphi Technologies have entered into a definitive transaction agreement under which BorgWarner will acquire Delphi Technologies in an all-stock transaction that values Delphi Technologies’ enterprise value at approximately $3.3 billion.
Michelin as been ranked the top tire manufacturer and third by FORTUNE magazine among the “World’s Most Admired Companies” in the Motor Vehicle Parts category for 2020.
Cooper Tire announced that its Evolution M/T, a mud tire for North America, and its Discoverer ATT, an all-terrain tire for Asia, earned 2019 GOOD DESIGN awards from The Chicago Athenaeum Museum of Architecture and Design in cooperation with the European Centre for Architecture, Art, Design and Urban Studies for their design excellence.
Knorr-Bremse, a global provider of braking and other systems for rail and commercial vehicles, strengthens its position in steering systems for commercial vehicles through an agreement to acquire R.H. Sheppard Co. Inc., USA.
NGK Spark Plugs is expanding its’ NTK Technical Sensor product portfolio through the introduction of 209 new MAF Sensor part numbers for domestic and import applications.
