Veoneer to divest Japan and China operations of brake system joint venture

Veoneer to divest Japan and China operations of brake system joint venture

Veoneer, Inc. has signed agreements (the "Definitive Agreements") to sell its 51% ownership in the Japanese (VNBJ) and Chinese (VNBZ) entities that comprise Veoneer Nissin Brake Systems (VNBS) to its joint venture partner Nissin-Kogyo Co., Ltd. and Honda Motor Co., Ltd.

Meritor announces expansion of its electric-drive systems offering

Meritor announces expansion of its electric-drive systems offering

Meritor, Inc. has announced an expansion of its electric drivetrain solutions by launching the 12Xe™ powertrain for Class 4, 5, 6 and 7 applications and introducing the 17Xe powertrain for heavy-duty 4×2 and 6×2 trucks.

Magna wins its largest-ever order for transmissions - from BMW

Magna wins its largest-ever order for transmissions - from BMW

The multi-year contract includes all front-wheel drive dual-clutch transmissions, including hybrid transmission variants.

Afton Chemical completes multimillion dollar expansion of Japan Technology Center in Tsukuba

Afton Chemical completes multimillion dollar expansion of Japan Technology Center in Tsukuba

Afton Chemical Corporation, a global leader in the lubricant and fuel additive market, has announced the completion of its Japan Technology Center expansion in Tsukuba, Japan.

PPG announces investment in Cleveland automotive adhesives and sealants R&D facility

PPG announces investment in Cleveland automotive adhesives and sealants R&D facility

PPG has announced an investment in a 2,100-square-foot automotive adhesives and sealants laboratory on the company’s existing 42-acre manufacturing and research complex in Cleveland, Ohio.

FALKEN TIRES selected as the original equipment supplier to 2020 Toyota RAV4 TRD Off-Road

FALKEN TIRES selected as the original equipment supplier to 2020 Toyota RAV4 TRD Off-Road

Sumitomo Rubber North America, Inc., Sumitomo Rubber Group's American sales company, has been chosen by Toyota Motor North America as the original equipment supplier to the new 2020 Toyota RAV4 TRD Off-Road.

Magna to develop EV tech with US Department of Energy grant

Magna to develop EV tech with US Department of Energy grant

Magna has been awarded a grant by the US Department of Energy (US DOE) to develop and ‘auto-qualify’ advanced electric motor technologies for next-generation vehicle propulsion systems.

Eaton Cummins expands truck transmission applications

Eaton Cummins expands truck transmission applications

Eaton Cummins Automated Transmission Technologies is expanding the application coverage for the Endurant™ 12-speed overdrive transmission.

Robert Bosch Venture Capital completes $22.5 million Series B funding round of CelLink

Robert Bosch Venture Capital completes $22.5 million Series B funding round of CelLink

Robert Bosch Venture Capital GmbH (RBVC), the corporate venture capital company of the Bosch Group, has completed a series B follow-on investment in CelLink Corporation.

Dana secures electric powertrain programmes with two leading medium-duty truck manufacturers

Dana secures electric powertrain programmes with two leading medium-duty truck manufacturers

Dana Incorporated has announced it is partnering with a major North American commercial-vehicle manufacturer to supply complete e-Powertrain systems for a medium-duty vehicle program beginning next year.