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FARMINGTON HILLS–Tim Clark has been appointed CEO and president of Hitachi Astemo Americas, Inc. Clark had been senior vice president and executive officer of Hitachi Astemo Ltd. and previously president …
NOVI–Stoneridge Inc. (NYSE:SRI) reported a loss of $14.1 million or 62 cents a share for 2022, compared to net income of $3.4 million or 12 cents a share in 2021. …
AUBURN HILLS– BorgWarner announced that Hau Thai-Tang has been named to its board of directors. Said Alexis P. Michas, non-executive board chair of the company: “Hau’s extensive industry experience and his …
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 …
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 …
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 …
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 …
SAGINAW—Means Industries, a manufacturer of powertrain and clutch technologies, announced the launch of a new website at meansindustries.com, driven by its leadership in the next phase of propulsion technology for …
SOUTHFIELD—Lear Corp. (NYSE: LEA), the Southfield-based manufacturer of automotive seating and economics, reported net income of $175.2 million or $2.89 a share in the fiscal quarter ended July 3, compared …
SOUTHFIELD—Superior Industries International Inc. (NYSE: SUP), the aluminum automotive wheel manufacturer, reported net income of $1.7 million in the second quarter ended June 30, up from a loss of $43.2 …