German autoparts maker Continental has entered into an agreement with The Carlyle Group to acquire US-based Veyance Technologies, which operates in operates rubber and plastics technology business, for EUR1.4bn. Veyance Technologies, ...
Tags: Continental, Auto Parts
The Renault-Nissan Alliance sold a record 8,266,098 vehicles in 2013, propelled by record sales in the car group’s two largest markets, China and the United States. Renault-Nissan's 2013 calendar-year sales, which include sales of ...
Tags: Renault-Nissan, Auto Parts
Automotive valves supplier US Engine Valve (USEV) is set to invest $29.5m in its existing plant in Westminster, South Carolina, in order to expand its operations. With this investment, the company will bring on a new line of equipment to ...
Tags: Engine Valve, Auto Parts
General Motors Co. (NYSE: GM) dealers delivered 171,486 vehicles in the United States in January 2014. Retail sales were down 10 percent year over year, although retail deliveries of passenger cars were up slightly. Fleet deliveries ...
Tags: General Motors, Auto Parts
DENSO Corporation today announced its third quarter global financial results for the nine months ending Dec. 31, 2013. Consolidated net sales totaled 3,016.6 billion yen (US$28.8 billion), a 17.4 percent increase from the previous year. ...
Tags: DENSO Corporation, Auto Parts
The results of Northcoast Research Partners LLC's monthly"Tire Demand Index"are in.And demand was up in December. "Our research indicates that consumer demand for replacement tires at retail remained very robust in December,"says Nick ...
Tags: Tire, Auto Parts, tyre
COLUMBUS, Ind. -- Trailer orders rose 14% in December, with six of 10 trailer categories posting positive results, according to the latest data from ACT Research. For the full year 2013, a total of 231,700 orders were booked, down 2% from ...
Tags: trailer, Transportation, Auto Parts
BLOOMINGTON, Ind. -- Trucking conditions in the US dipped in November, but remain in positive territory, according to the Trucking Conditions Index compiled by FTR. The November reading of 7.01 was 20% lower than the month before, but ...
Tags: Trucking conditions, Truck, Auto Parts
OAKVILLE, Ont. -- ProKleen, which bills itself as Canada’s only full-service commercial food grade tank wash facility, has been purchased by US-based Quala. Quala provides IBC and bulk transportation services as well as sustainable ...
Tags: Auto Parts, Transportation
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
Bridgestone Corporation today announced that it has received a favorable ruling in its lawsuit regarding infringement of trademark rights against Chinese company Shenzhen Momentum Star Tyre Co.,Ltd.(Momentum Star Tyre)and its affiliate ...
Tags: Auto Parts, Bridgestone, Bridgestone tyre
ContiTech,a division German autoparts maker Continental,has acquired the business of Taizhou Fuju Rubber Belt Manufacture in China. This move by the company is aimed at expanding its drive belt business in China.The transaction will ...
Tags: ContiTech, Auto Parts, autopart
Swedish commercial vehicle manufacturer Scania has received an order from Austrian haulier Nothegger Transport to deliver 220 trucks with biodiesel engines. The trucks will be in compliance with Euro 6 requirements and will be for ...
Tags: Auto Parts, Scania trucks, trucks
American Axle & Manufacturing American Axle & Manufacturing Holdings reported its fourth-quarter profit declined on costs associated with debt refinancing. Net income dropped to $29.8 million, or 39 cents per share, from $319.9 million, ...
Tags: Auto Parts, Transportation
Structural reforms and the start of infrastructure projects from the federal government will bring a boost in demand for steel in Mexico, said Verónica Orendain, manager of Heavy and High-Tech Industries of the Mexican Ministry of ...
Tags: Steel Demand, Mineral