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
Toyota Motor Corporation announces the expansion of R&D facilities at Toyota Motor Engineering & Manufacturing (China) Co., Ltd., (TMEC). This is in accordance with the initial investment plan, which had been created at the time of the ...
Tags: Toyota, Facilities
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
Polaris Industries has completed the acquisition of TransAmerican Auto Parts (TAP), a manufacturer, distributor and retailer of off-road jeep and truck after market accessories for $665m. Polaris expects the TAP acquisition to contribute ...
Tags: Polaris, Auto Parts
Detroit-based auto-parts maker American Axle & Manufacturing (AAM) has agreed to acquire Metaldyne Performance Group (MPG) in a transaction worth about $3.3bn. MPG provides lightweight components for use in powertrain and suspension ...
Tags: American Axle, Metaldyne
Polaris Industries has entered into an agreement to acquire Transamerican Auto Parts (TAP), a manufacturer of off-road Jeep and truck accessories, for $665m. After adjusting for the $115m estimated net present value of future tax ...
Tags: Polaris Industries, Auto Parts
Molecular-level filter could revolutionize energy-intense chemical process Significantly reduces amount of energy used in polyester and plastic manufacturing Research published in nation’s leading peer-reviewed journal, ...
Tags: ExxonMobil, Georgia Tech, energy use
AAG is a high-end professional exhibition which is root in South China, affecting China’s domestic auto aftermarket and market of Hong Kong, Macao, as well as Southeast Asia. It will cover the whole product chain and three main auto ...
Tags: Footprints
A total of 452 Taiwanese exhibitors, nearly half of whom to be grouped by EDN, will participate in this year’s Automechanika Frankfurt. To enable professionals buyers to experience in the strong manufacturing and R&D prowess by ...
Shanghai International Auto Parts and Service Exhibition (SAPE 2016) and Auto New Energy Source Technology & Auto Intelligence Show (NESIS) will be grandly held at Shanghai New International Expo Center on June 28 – 30, 2016. ...
Tags: Footprints
Taiwanese machine-tool builders generally enjoy robust revenue in May thanks to market recovery (photo courtesy of UDN.com).Mainly fueled by strong orders from downstream manufacturers in such sectors as automobiles, smartphones and ...
Toyota announced that it will launch plug-in hybrid versions of the Corolla and Levin―two mass-market models―in China during 2018. In 2005, based on long-term plans to encourage the widespread use of environmentally-friendly ...
Tags: Toyota, Plug-in Hybrid Models
Cobra Electronics, which rose to prominence with the CB Radio craze in the 1970s, has entered the action sport camera game by acquiring WASPcam, which distributes affordable, high-performance HD action-sports cameras and accessories to ...
Tags: Cobra Electronics, WASPcam, Acquisition
The IATA reports that air cargo global growth continued to perform below its potential – “mediocre growth is now the new reality”. Growth in freight tonne kilometres (FTK) had positive momentum since 2H2015 and into ...
Icahn Enterprises has announced its plans to acquire automotive service provider Pep Boys-Manny Moe & Jack for $1bn. The deal was announced after Japanese tire maker Bridgestone quit the race to acquire the company by announcing that ...
Tags: Pep Boys, automotive service