Magna’s New Michigan Plant To Support Fast-Growing EV Market
Magna’s new St. Clair, Michigan, facility will produce battery enclosures for the all-new GMC Hummer EV.
Aptiv Named To ‘World’s Most Ethical’ List
This is the ninth consecutive year the company has been recognized.
Christian Levin Appointed CEO Of Scania
Levin succeeds Henrik Henriksson, who is leaving Scania after 23 years and more than five years as the CEO.
Dana Names Chief Commercial, Marketing, Communications Officer
Byron Foster has joined the company from senior executive roles at Johnson Controls Inc., and Adient plc.
CapStone Holdings Invests $10M In Perrone Robotics
Perrone Robotics will utilize a portion of the investment to establish an advanced autonomous vehicle testing facility.
Goodyear To Acquire Cooper Tire In $2.5B Transaction
The acquisition increases scale to support investments in new mobility and fleet solutions.
LKQ Corporation Reports 2020 Financial Results
Net income for the fourth quarter of 2020 was $180 million as compared to $140 million for the same period in 2019.
Bosch, Microsoft To Develop Software-Defined Vehicle Platform
Collaboration brings together automotive and cloud computing expertise to shape the next generation of vehicle software.
Dana Incorporated Reports 2020 Financial Results
Sales for the fourth quarter of 2020 totaled $2.11 billion, compared with $1.99 billion in the same period of 2019.
Eaton’s Vehicle Group Developing EV Gearing Solutions
The new technology complements Eaton’s eMobility power electronics portfolio in the EV powertrain market.
