Germany based Knorr-Bremse has signed a deal with Bosch to acquire its on-highway CVS transmission components business in Japan. Following the acquisition, Knorr-Bremse will develop and manufacture gear shift units and clutch actuators as ...
Tags: Commercial Vehicle, Bosch
Magna International has inked a pact to purchase automotive transmissions supplier Getrag Group of Companies (Getrag) in a deal valued at 1.75bn Eur. Likely to close by this year-end, the transaction for the 100% equity incorporates ...
Tags: automobile manufacture, company acquision, Getrag Group
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