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NOVI—DexKo Global Inc., the manufacturer of engineered trailer running gear, chassis assemblies, and related components, announced that its wholly-owned subsidiary Dexter Axle Co. has acquired National Trailer Parts Warehouse Ltd, …
DETROIT—Officials at the Detroit based automotive robotics startup RoboTire announced the closing of its $7.5 million Series A investment round. The round was led by Scottsdale, Ariz.-based Reinalt-Thomas Corp., which …
PLYMOUTH—Officials at Horizon Global Corp. (NYSE: HZN), the manufacturer of branded towing and trailering equipment, announced preliminary net sales results for the first quarter of 2021 and announced a $10 …
TROY—The auto supplier Meritor Inc. (NYSE: MTOR) announced several executive appointments effective March 1. The appointments occur as aresult of the previously announced move of Jay Craig, president and CEO, to …
LANSING—The air suspension products manufacturer Air Lift Co. announced the acquisition of Oklahoma-based air tank manufacturer Flo Airride Manufacturing. Flo Airride, founded in 2016 by Mike Alexander and Tim Dunaway, has a reputation …
TROY—As the coronavirus crisis continues to interrupt global supply chains, auto dealers are bracing for parts shortages that could undermine hard-fought gains made in customer satisfaction over the past few …
TROY — Horizon Global Corp. (NYSE: HZN), a manufacturer of towing and trailering equipment, reported a loss of $46.8 million or $1.86 a share in the fourth quarter, compared to …
LANSING — Air Lift Co. announced a redesign of its WirelessOne on-board air compressor system, making the wireless control of all brands and types of air springs easier and more …