According to a new study of deals in the auto industry in 2018—as in acquisitions—conducted by PwC, even though the deal volume (903 for the year) was flat compared with 2017, the total deal value—$97.5-billion—was up 101 percent compared to 2017, in large part because nearly all of the acquirers “were focused on product expansion (buyers better positioning themselves for the vehicles of the future) or driving economies of scale.” Of the deals, there were what PwC describes as “mega-deals,” which were valued at $5-billion and over.
#GKN #JohnsonControls #Tenneco
One day the world’s roads may be filled with vehicles that emit just a hum from their motors. But in the meantime, there are all of those vehicles being built with engines that have exhausts that need to have their emissions minimized and their sounds optimized. Which is what Tenneco’s Ben Patel is focusing on.
#HP #Tenneco #Volvo
Federal-Mogul LLC is introducing a smaller version of its Rotocap valve rotator, which currently is limited to commercial trucks, for passenger vehicles with low-revving, four-valve-per-cylinder engines.