Dana, Valeo Team Up on 48-Volt Hybrid Tech

Dana Inc. and Valeo SA are partnering to supply 48-volt electric systems for all-wheel-drive hybrid cars and low-speed electric vehicles.


Dana Buys e-Powertrain Specialist

Dana Inc. has acquired Canada’s Nordresa Motors Inc., which integrates electric drivetrains into commercial vehicles.


Dana Posts Another Revenue Record

Powertrain components supplier Dana Inc. says its revenue in January-March advanced 1% to $2.2 billion, enough to mark the Ohio-based company’s 10th straight record quarter.


Tenneco Powertrain Nabs 2 PACE Innovation Awards

The winners of this year’s PACE Awards (Premier Automotive Suppliers’ Contribution to Excellence) for innovation consisted of 13 suppliers from around the world.


Dana Completes Purchase of Oerlikon’s Driveline Business

Dana Inc. has completed the acquisition of the Drive Systems segment of Switzerland’s Oerlikon Group.


Dana Posts Best Results in 8 Years

Dana Inc. says its 2018 sales and earnings are the best since the company emerged from bankruptcy protection in 2008.


From Selling Cars to Selling Land

While this is a subject that I don’t ordinary address, something else in the automotive industry is likely to undergo a huge change as a result of disruptions in the automotive ecosystem: the car dealership.


Former ZF Exec Tapped to Head Chassix

Chassix Inc., a Southfield, Mich.-based supplier of aluminum and cast iron  casting machined chassis, powertrain and sub-frame components, has appointed Andreas Weller as president and CEO, effective immediately.

Autonomous Vehicles

What’s Behind the Auto Supplier Mega Mergers?

Intel and similar companies know they have the opportunity to claim a whole new level of relevance in the automotive market, as software and automation claims a greater share of the future automobile.

Jeep Gladiator Enters the Pickup Truck Arena

Fiat Chrysler Automobiles NV’s Jeep unit took the wraps off the all-new Gladiator midsize pickup truck at this week’s Los Angeles auto show, after images were leaked online earlier this month.

Jeep Gladiator Pickup Breaks Cover

Images of Fiat Chrysler Automobiles NV’s Gladiator midsize pickup truck have been leaked ahead of the vehicle’s official unveiling later this month at the Los Angeles auto show.

Activist Investors & Automotive Suppliers

Considering the many variables affecting the landscape of the automotive supply chain, investor activists see a great deal of opportunity right now.


Dana Posts Sales, Profit Gains

Dana Inc.’s third-quarter net income soared 38% to $95 million, and sales rose 8% to nearly $2 billion.


Tenneco Shareholders Approve Federal-Mogul Acquisition

Tenneco Inc.’s shareholders have approved by a margin of more than 90% the company’s $5.4 billion deal to acquire Federal Mogul LLC. The purchase was announced in April.


Dana to Buy Swiss Driveline Business

Dana Inc. has agreed to buy the Drive Systems segment of Switzerland’s Oerlikon Group for 600 million francs ($600 million).


Tenneco Names CEOs for Spinoff Companies

Tenneco Inc. has named CEOs to lead the company’s powertrain unit and aftermarket and rider performance business when the two operations spin off as independent companies next year.

Shiloh Names New CFO

Ohio-based Shiloh Industries Inc. has hired Lillian Etzkorn as senior vice president and chief financial officer.


Dana Buys 55% of Canadian EV Systems Supplier

Dana Inc. is investing C$165 million ($127 million) to acquire a 55% stake in TM4 Inc.—a Canadian maker of electric motors and other powertrain components for electric vehicles—and form a joint venture with the company.


Toyota Plans Autonomous Test Complex in Michigan

Toyota Motor Corp. plans to open a testing complex for autonomous vehicles this autumn within an existing independently owned proving grounds in southeastern Michigan.


Melrose Prevails Over Dana in Hostile GKN Takeover

London-based turnaround firm Melrose Industries plc has narrowly overcome a rival bid from Dana Inc. to buy British engineering giant GKN plc for £7.9 billion ($11.1 billion).


Dana, Melrose Sweeten Offers for GKN

The two suitors for British engineering company GKN plc have upped their offers ahead of a March 29 deadline.


Dana Woos GKN Investors with Secondary Stock Listing Option

U.S.-based Dana Inc. is offering to make a secondary listing of its stock in London to cinch its $6.1 billion offer to buy British engineering firm GKN plc’s drivetrain business.


GKN Rejects Melrose’s £8.1 Billion Hostile Takeover Bid

GKN plc has rejected a “final” bid by London turnaround specialist Melrose Industries plc to buy the British engineering firm for £8.1 billion ($11.3 billion). 


Melrose Hikes Bid for GKN to $11.3 Billion

Melrose Industries Ltd. has increased its hostile bid for British engineering company GKN plc to £8.1 billion ($11.3 billion).