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Engineering Society of Detroit Lawrence Technological University

Category: Auto Suppliers

Auto Suppliers / Autonomous Vehicles / Higher Education / University Research

DENSO North America Foundation grant to LTU to fund research in vehicle autonomy

SOUTHFIELD—Lawrence Technological University has received a $192,791 grant from the DENSO North America Foundation for a project to advance data analytics for the future of autonomous vehicles. Under the grant, …

Auto Suppliers / Automotive Aftermarket / Earnings

Phinia sales fall, but company swings to profit

AUBURN HILLS–Phinia Inc. (NYSE: PHIN), a manufacturer of fuel systems, electrical systems, and aftermarket auto parts, reported net income of $31 million or 70 cents a share in the third …

Auto Suppliers / Diesel Technology

Phinia launches tech to cut emissions, boost efficiency of Kohler small diesel engines

AUBURN HILLS—The auto supplier Phinia Inc.(NYSE: PHIN) announced the launch of the first electronically-controlled, low pressure common rail injection system for compact diesel engines used in off-highway applications with Kohler …

Auto Suppliers

Phinia to offer $400 million in senior notes

AUBURN HILLS—The automotive supplier Phinia Inc.announced that it is planning, subject to market and other customary conditions, to offer $400 million aggregate principal amount of its unsecured senior notes due …

Auto Suppliers / Electric Vehicles / Fleet Vehicles

Shyft Group unit begins production of Isuzu EV

CHARLOTTE–Builtmore Contract Manufacturing, a brand of The Shyft Group, Inc. (NASDAQ: SHYF), has begun production of the Isuzu NRR-EV at its plant in Charlotte. “The start of production for the …

Auto Suppliers

Delphi extends product portfolio with over 2,000 launches

AUBURN HILLS—The Delphi brand of Phinia Inc. announced the addition of more than 2,000 new parts to its product portfolio during the first half of 2024. In total, Delphi released …

Auto Suppliers / Earnings

Superior reports bigger loss

SOUTHFIELD–Superior Industries International Inc. (NYSE:SUP) reported a loss of $11.1 million or 75 cents a share in the second quarter ended June 30, compared to a loss of $100,000 or …

Auto Suppliers / Sustainability

Phinia releases inaugural sustainability report

AUBURN HILLS–The auto supplier Phinia (NYSE: PHIN) has released released its 2023 Sustainability Report, setting a benchmark for future progress across environmental, social, and governance initiatives, while emphasizing PHINIA’s focus …

Auto Suppliers / Dividends

Phinia boosts stock buyback, declares 25 cent dividend

AUBURN HILLS–The auto supplier Phinia Inc. (NYSE: PHIN) announced that its board of directors has declared a quarterly cash dividend of 25 cents per common share, payable Sept. 13 to …

Auto Suppliers / Earnings

Phinia sales, net income fall

AUBURN HILLS–Phinia Inc. (NYSE: PHIN), a manufacturer of fuel systems and electrical systems and aftermarket auto parts, reported net income of $14 million or 31 cents a share in the …

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