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Category: Auto Suppliers

Alternative Fuels / Auto Industry / Auto Suppliers

Tenneco adds hydrogen to alternative fuels engine testing capabilities

NORTHVILLE–Tenneco Inc. has established new test centers for hydrogen-powered internal combustion engines at its powertrain test centers in Burscheid, Germany, and Ann Arbor. These two test cells specifically dedicated to hydrogen …

Auto Industry / Auto Suppliers / Electric Vehicles

GM, Lithium Americans to develop U.S.-sourced lithium

DETROIT–General Motors Co. (NYSE: GM) and Vancouver, Canada-based Lithium Americas Corp. (TSX: LAC and NYSE: LAC) announced today that the two companies will invest to develop the Thacker Pass mine …

Acquisitions / Auto Suppliers / Automotive Aftermarket

Horizon Global in $48.5M buyout from Rochester Hills’ First Brands

PLYMOUTH—Horizon Global Corp. (NYSE: HZN), the Plymouth-based manufacturer of towing and trailering equipment, has announced it will be purchased by Rochester Hills-based First Brands Group LLC for $1.75 a share. …

Auto Suppliers / Lightweighting / Manufacturing

Aludyne names Bill Pumphrey president and CEO

SOUTHFIELD—The board of directors of Aludyne, a supplier of lightweight aluminum and magnesium alloy components to the mobility industry, announced the appointment of Bill Pumphrey as president and CEO of …

Auto Suppliers

Denso reorganizes business lines, leadership in North America

SOUTHFIELD—Denso, the Japanese auto supplier with North American headquarters in Southfield,  has announced updates to its business groups, organizational structure and leadership roles and responsibilities in North America, taking effect …

Auto Suppliers / Finance / Manufacturing

Superior Industries gets refinancing

SOUTHFIELD—Superior Industries International Inc. (NYSE:SUP), a supplier of lightweight alumninum wheels to the United States and Eurpean markets, announced it had refinanced its term loan and revolving credit lines. Funds …

Auto Suppliers

Horizon Global CEO resigns, board chair named interim president, CEO

PLYMOUTH—Horizon Global Corp. (NYSE: HZN) announced the appointment of John C. Kennedy as interim president and CEO by the company’s board, which Kennedy will also continue to chair This appointment …

Acquisitions / Auto Industry / Auto Suppliers

Lear acquires Industry 4.0 specialist InTouch Automation

SOUTHFIELD—The Southfield-based automotive seating and electronics manufacturer Lear Corp. (NYSE: LEA) announced the acquisition of Novi-based InTouch Automation, a supplier of Industry 4.0 technologies and complex automated testing equipment critical …

Auto Suppliers / Cleantech / Climatech / Green Buildings / Green Technology

Denso sets green energy policies

SOUTHFIELD–Denso, the Japanese transportation supplier with its North American headquarters in Southfield, announced the creation of a North America Energy Policy Statement as part of its efforts to contribute to …

Auto Suppliers / Battery Technology / Electric Vehicles

Lear wins ‘major’ electrification program for GM

SOUTHFIELD—Lear Corp. (NYSE: LEA), the automotive electronics and seating supplier, announced that it had been selected by General Motors to be the exclusive supplier of battery disconnect units on all …

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