Nissan Motor has agreed to divest its 41% stake in Japanese auto parts firm Calsonic Kansei to private equity firm KKR for JPY498.3bn ($4.5bn). This deal is being regarded as one of the largest deals in Japan, particularly in the ...
Tags: Nissan Motor, KKR
Samsung Electronics has agreed to acquire US auto parts manufacturer Harman International Industries for about $8bn, in a bid to accelerate growth in automotive and connected technologies. The deal will give Samsung a significant presence ...
Tags: Samsung, Auto Parts
Canadian province Ontario is entering into a partnership with auto parts manufacturer Linamar, under which the company will invest $506.8m in the region. About $50.25m out of the $506.8m is expected to be given by Ontario for the creation ...
Tags: Linamar, auto parts
Sri Lanka-based auto parts manufacturer Micro Car has opened a new motor car assembling plant in Polgahawela export processing zone. The new facility, which represents the company's first and only car assembling plant in the region, was ...
Tags: Micro Car, motor car, auto parts
American auto-parts manufacturer BorgWarner is manufacturing two-speed, parttime four-wheel drive transfer case for Toyota Motor’s 2014 Toyota Tundra pickup truck in the US. The auto-parts maker is currently manufacturing the ...
Tags: BorgWarner, Transfer Case Systems
American auto-parts manufacturer BorgWarner has commenced the production of advanced engine timing systems in El Salto, Mexico, for the new locally-produced Volkswagen engines. The new systems produced at this plant will be used for ...
Tags: Auto Parts, gasoline engines, Timing Systems
Auto parts manufacturer Johnson Controls has entered into a definitive agreement with Visteon to offload its automotive electronics business for $265m. As a part of the deal, Visteon will acquire Johnson Controls' instrument cluster, ...
Tags: Automotive Electronics, Visteon
American auto-parts manufacturer BorgWarner has entered into an agreement to purchase all shares in C and its general partner. Gustav Wahler is a producer of exhaust gas recirculation (EGR) valves, EGR tubes and thermostats with locations ...
Tags: BorgWarner, Gustav Wahler
American auto-parts manufacturer BorgWarner has introduced its electronic limited slip differential technology for the front transaxle of a front-wheel drive (FWD) vehicle on the 2013 Volkswagen Golf GTI with Performance Pack. The system ...
Tags: BorgWarner, Volkswagen
American auto-parts manufacturer BorgWarner is set to invest $24.6m to expand its existing manufacturing plant in Seneca, Oconee County, South Carolina. The company supplies powertrains and other automotive parts to major brands such as ...
Tags: auto-parts, Powertrain Business
Auto parts manufacturer Johnson Controls has acquired 90% ownership in Colombian automotive battery supplier MAC. This move will strengthen the company's automotive battery business in the Central and South American markets. Johnson ...
Tags: Automotive Battery, Auto parts
US based auto-parts manufacturer BorgWarner has opened a new production plant and engineering center at the Podkarpackie Science and Technology Park in Rzeszów, Poland. Spread across 78,500ft2 space, the new production plant ...
Tags: BorgWarner, auto-parts
US based auto-parts manufacturer BorgWarner has started the construction of a new manufacturing facility in Viana do Castelo, Portugal. Located at the industrial zone of Lanheses in Viana do Castelo, the new facility includes 160,000sqft ...
Tags: Auto Parts
Auto parts manufacturer Johnson Controls is set to launch its first-generation 48-volt Lithium-ion Micro Hybrid battery at the International Motor Show (IAA) in Frankfurt, Germany. The new battery joins the company's full range of ...
Tags: Micro Hybrid Battery, Auto Parts
Italy-based auto parts manufacturer C.L.N. Coils Lamiere Nastri S.p.A. (CLN) has announced that it has closed its equity investment agreement with Japanese steelmaker Marubeni-Itochu Steel Inc. (MISI) according to which MISI now owns a ...
Tags: Auto Parts, Mineral