Rear-collision sensors. Hyundai Mobis Company, the main automotive components unit of South Korea’s Hyundai Motor Group, unveiled a new driver assist feature that helps improve highway safety. The company announced that it has developed a rear safety control system that warns drivers when a vehicle approaches too closely from the rear and automatically increases the… Continue reading Hyundai Mobis unveils new rear-collision avoidance system
Author: Yarhow_Finance Online News
Eaton To Help Power Resilient Energy Future for Hartsfield-Jackson Atlanta International Airport
Power system project supports ongoing, $12.8 billion ATLNext airport expansion and modernization initiative Airport-wide standardization on Eaton Brightlayer digitalization solutions to enhance reliability and streamline maintenance PITTSBURGH, PA / ACCESS Newswire / June 12, 2025 / Intelligent power management company Eaton announced today it was awarded multiple contracts valued at approximately $25 million to help… Continue reading Eaton To Help Power Resilient Energy Future for Hartsfield-Jackson Atlanta International Airport
ALSN to Acquire Dana’s Off-Highway Unit, Realize $120M in Synergies
Allison Transmission Holdings, Inc. ALSN has entered into an agreement with Dana Inc. DAN to acquire its Off-Highway business for approximately $2.7 billion. The unit to be acquired manufactures mobile drivetrains and motion systems for heavy-duty vehicles. The acquisition will help Dana streamline its operations to better focus on light- and commercial-vehicle supply with traditional… Continue reading ALSN to Acquire Dana’s Off-Highway Unit, Realize $120M in Synergies
Dana stock surges amid $2.7 billion Off-Highway business sale to Allison
Investing.com — Dana Inc (NYSE:DAN) stock jumped 9.5% after announcing a definitive agreement to sell its Off-Highway business to Allison Transmission Holdings Inc (NYSE:ALSN for $2.7 billion. Meanwhile, Allison shares edged down 0.9% following the announcement. The transaction, which values the Off-Highway business at seven times its expected 2025 adjusted EBITDA, is projected to close… Continue reading Dana stock surges amid $2.7 billion Off-Highway business sale to Allison
Dana Incorporated Announces Agreement to Sell Off-Highway Business for $2.7 Billion; $1 Billion Capital Return Authorization
Price represents 7x the expected 2025 adjusted EBITDA of the Off-Highway business Strengthens balance sheet through substantial debt reduction Positions Dana with a streamlined go-to-market approach dedicated to on-highway light- and commercial-vehicle customers Announcing a new $1 billion capital return authorization through 2027 with $550 million of capital return to shareholders at or before closing… Continue reading Dana Incorporated Announces Agreement to Sell Off-Highway Business for $2.7 Billion; $1 Billion Capital Return Authorization
Autoliv’s (NYSE:ALV) Dividend Will Be Increased To $0.85
Autoliv, Inc.’s (NYSE:ALV) dividend will be increasing from last year’s payment of the same period to $0.85 on 23rd of September. This takes the dividend yield to 2.6%, which shareholders will be pleased with. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best… Continue reading Autoliv’s (NYSE:ALV) Dividend Will Be Increased To $0.85
Aisin Seiki (ASEKY) Soars 10.3%: Is Further Upside Left in the Stock?
Aisin Seiki Co. Ltd. Unsponsored ADR (ASEKY) shares ended the last trading session 10.3% higher at $12.57. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock’s 9.2% loss over the past four weeks. Shares of Aisin surged following the launch of… Continue reading Aisin Seiki (ASEKY) Soars 10.3%: Is Further Upside Left in the Stock?
Adient (ADNT) Soars 6.7%: Is Further Upside Left in the Stock?
Adient (ADNT) shares soared 6.7% in the last trading session to close at $18.80. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock’s 10.8% gain over the past four weeks. Adient shares jumped after the company reported an adjusted EBITDA of… Continue reading Adient (ADNT) Soars 6.7%: Is Further Upside Left in the Stock?
Goodyear to sell synthetic rubber business to private equity firm for $650M
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: The Goodyear Tire & Rubber Co. has agreed to sell a majority of its chemical business’ synthetic rubber assets to private equity firm Gemspring Capital Management for about $650 million. The pending deal, announced last month, includes… Continue reading Goodyear to sell synthetic rubber business to private equity firm for $650M
Future Service Puppies Take Their First Big Adventure with Goodyear Onboard the ICONIC Blimp
NASHVILLE, Tenn., June 12, 2025 /PRNewswire/ — Today, in collaboration with Canine Companions® and Peanuts®, the Goodyear Blimp will transport a group of eight-week-old puppies from Smyrna, Tennessee, to Nashville for the first time in its iconic 100-year history. The Goodyear Tire & Rubber Company, Akron, Ohio, USA. (PRNewsFoto/Goodyear Tire & Rubber Company) This inaugural flight… Continue reading Future Service Puppies Take Their First Big Adventure with Goodyear Onboard the ICONIC Blimp