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Latest Automotive Manufacturing Industry News Headlines
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Delphi Corporation Selects Platinum Equity As Lead Bidder In Sale Of Steering And Halfshaft Business
February 2007
TROY, MICH., January 31, 2007 -- Delphi Corporation (PINKSHEETS: DPHIQ) announced today that it is working to finalize a Master Sale and Purchase Agreement with Platinum Equity regarding the sale of Delphi's global steering and halfshaft business. Delphi ... -
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Bosch's Long-Term Strategy Paying Off with Five Percent Growth to 43.7 Billion Euros
February 2007
· Slight decrease in return · Strong growth in Asia and in the two business sectors Consumer Goods and Building Technology as well as Industrial Technology · Research and development expenditure remains high · Global headcount increases to ro... -
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Frost & Sullivan to Host Quarterly Analyst Briefing on HVAC Systems
February 2007
Frost & Sullivan to Host Quarterly Analyst Briefing on Heating Ventilation and Air Conditioning (HVAC) Systems on Thursday 8 February 2007 LONDON, February 1/PRNewswire/ -- Frost & Sullivan will host a conference call on Thursday 8 February 2007 a... -
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DENSO Corporation Announces Third-quarter Financial Results
February 2007
- Global consolidated net sales rise 14.7 percent - TOKYO, February 1, 2007 -DENSO Corporation today announced global financial results for the third quarter ended Dec. 31, 2006: • Consolidated net sales totaled 927.9 billion yen (US$7.8 billio... -
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Behr India Opens New Automotive Climate Control Components Plant
February 2007
MUMBAI, India, Jan. 31 /PRNewswire/ -- Behr India, a joint-venture company between Behr GmbH & Co. KG of Germany and Anand Automotive Systems of India, has opened a new state-of-the-art manufacturing plant, at Chakan in the Pune District in the state of M... -
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TI Automotive Wins $220 Million in New Business
January 2007
WARREN, Mich., Jan. 30 /PRNewswire/ -- TI Automotive, a leading supplier to major automotive manufacturers and other Tier 1 suppliers, has been awarded contracts totaling $220 million in combined lifetime sales from General Motors, DaimlerChrysler and Val... -
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UQM Technologies Reports Third Quarter and Nine Month Operating Results
January 2007
FREDERICK, COLORADO, JANUARY 30, 2007…UQM TECHNOLOGIES, INC. (AMEX: UQM), a developer of alternative energy technologies, announced today operating results for the quarter and nine months ended December 31, 2006. Continuing operations for the third quarte... -
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Continental Automotive Systems Celebrates Production Milestone of Five Million Control Units Made in Sibiu, Romania
January 2007
The Romanian plant producing electronic components for vehicle comfort and safety functions doubles its production area. Frankfurt am Main/ Sibiu (Romania), January 29, 2007. Today, the production of the five millionth electronic unit was celebrat... -
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Delphi Signs Sale Agreement for Brake Hose Business, Files Motion to Request Hearing with Bankruptcy Court
January 2007
TROY, MICH., January 29, 2007 -- Delphi Corporation (PINKSHEETS: DPHIQ) has entered into an asset sale and purchase agreement with Harco Manufacturing Group, LLC for the sale of its brake hose business, company officials announced today. Pursuant to the p... -
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Experian Automotive Launches Industry's Only Spanish-Language Vehicle History Reports
January 2007
Auto dealers can now offer English and Spanish AutoCheck(R) vehicle history reports to used vehicle shoppers SCHAUMBURG, Ill., Jan. 29 /PRNewswire/ -- Experian Automotive, a division of global information solutions company Experian(R) , today anno... -
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Start of Continental University in Sibiu, Romania, Intensifies Synergies between Continental AG Plant and University Research and Teaching
January 2007
* International automotive supplier signs cooperation agreement with Lucian Blaga University in Sibiu * Further building block of international qualification strategy Sibiu/Hanover, January 29, 2007. The international automotive supplier Contin... -
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Cummins Completes Third Consecutive Year of Record Sales and Profits
January 2007
-- Company Eclipses $3 Billion in Quarterly Sales; Power Generation and Distribution Segments Report Record Operating Profits in Fourth Quarter -- COLUMBUS, IND., January 29, 2007 - Cummins Inc. (NYSE: CMI) today reported record sales and earnings... -
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ArvinMeritor Declares Quarterly Dividend on Common Stock and Holds Annual Shareowners Meeting
January 2007
TROY, Mich., Jan. 26 /PRNewswire-FirstCall/ -- The ArvinMeritor, Inc. (NYSE:ARM) Board of Directors, at a meeting held today at its corporate headquarters in Troy, Mich., declared a quarterly dividend of 10 cents ($0.10) per share on the common stock of A... -
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