#TIAUTOMOTIVE

Regulations

Flawed Fuel Tank Flanges Could Trigger Massive Recalls

Fuel tank flanges that may crack, leak and cause a fire could prompt at least eight carmakers to recall millions of vehicles.

Business

12 Suppliers Win PACE Awards for Innovations

The winners of this year’s PACE Awards (Premier Automotive Suppliers’ Contribution to Excellence) for product and process innovations related to production vehicles include 12 companies from five countries.

Production

TI Automotive Opens Third Fuel Tank Plant in China

TI Automotive Ltd. has opened a new fuel tank systems production facility in Baoding, China.

Propulsion

TI Automotive Buys Indiana Powertrain Supplier

TI Automotive LLC has acquired Millennium Industries Corp., a Ligonier, Ind.-based powertrain component supplier, for an undisclosed price.  

Production

TI Automotive Opens New HQ

TI Automotive Ltd. has moved to new corporate headquarters in Auburn Hills, Mich.

Business

TI Automotive Completes Sale to Bain Capital

TI Automotive Ltd. has completed its long-awaited sale to Bain Capital.

VIEWPOINT | HIGH-PERFORMANCE FUEL SYSTEMS

Supplying engines with fuel may sound easy, but the challenge is becoming significantly sophisticated as carmakers strive to make vehicles simultaneously more powerful and energy efficient.

Business

Bain to Buy TI Automotive

Oxford, England-based TI Automotive Ltd. has agreed to be acquired by private-equity firm Bain Capital LLC.

Business

TI Automotive Arranging New Debt to Fund Dividend?

Ti Automotive Ltd.'s owners are setting up a $1.25 billion loan to refinance the company's debt and pay themselves a $435 million dividend, says Bloomberg News, which cites unnamed sources.

Business

Cooper-Standard Ponders Bid for TI Automotive

Cooper-Standard Holdings Inc. is evaluating a possible takeover bid for rival TI Automotive Ltd., according to Reuters, which cites unnamed sources.

Sales

TI Automotive Ponders New Bid

TI Automotive Ltd. has postponed a vote on a planned $2 billion sales to Bain Capital Partners so it can review a new offer from London-based Pamplona Capital Management, according to Bloomberg News.

Business

TI Automotive Close to $2 Billion Sale

TI Automotive is close to agreement to sell itself to Bain Capital Partners LLC for as much as $2 billion, sources tell Bloomberg News.

Economics

VIEWPOINT | NEXT-GENERATION FUEL SYSTEMS

The auto industry's push to improve fuel economy is putting new performance demands on a vehicle's fuel system.

Plastics

Carmakers, Suppliers to Discuss Resin Crisis

Executives from carmakers and auto suppliers are holding an emergency meeting in suburban Detroit on Tuesday to discuss the global shortage of PA-12 resin caused by a fatal explosion at an Evonik Industries plant in Germany on March 31.

Plastics

Suppliers, Carmakers to Meet on Resin Crisis

Auto suppliers and vehicle producers are meeting in suburban Detroit on Tuesday to discuss the global shortage of PA-12 resin caused by a fatal explosion at an Evonik Industries plant in Germany on March 31.

Plastics

Resin Shortage Could Disrupt Auto Production Worldwide

A fire at a German chemical plant last month could create a "severe" shortage of a key component in the resin used to make fuel and brake line coatings and flexible hoses, Bloomberg News reports.

Plastics

Fire at German Plant Could Create Auto Resin Shortage

A fire at a German chemical plant last month could create a "severe" shortage of a key component in the resin used to make fuel and brake line coatings and flexible hoses, Bloomberg News reports.