Category: Suppliers

Dana Incorporated Announces Leadership Change for its Light Vehicle Drive Systems Business

MAUMEE, Ohio, June 28, 2021 /PRNewswire/ — Dana Incorporated (NYSE: DAN) today announced a leadership change for its Light Vehicle Drive Systems business. Byron Foster (PRNewsfoto/Dana Incorporated) Industry veteran Byron Foster, who most recently served as Dana’s senior vice president and chief commercial, marketing, and communications officer, will succeed Bob Pyle as president, Light Vehicle… Continue reading Dana Incorporated Announces Leadership Change for its Light Vehicle Drive Systems Business

Valmet Automotive intensifies recruitment in the summer

This year, Valmet Automotive has recruited 650 new employees for car and battery manufacturing through online campaigns, meeting more than half of the need for a thousand people. Additional employees will be needed for both business lines already in August-September and therefore, online recruitment campaigns will be intensified during the summer. With the current campaign,… Continue reading Valmet Automotive intensifies recruitment in the summer

Quanergy Announces New Strategic Collaboration with Sensata Technologies

SUNNYVALE, Calif.–(BUSINESS WIRE)– #IIoT–Quanergy, a leading provider of next-generation OPA-based solid state LiDAR sensors, and Sensata Technologies (NYSE: ST), a leading industrial technology company and provider of sensor-rich solutions that create insight for customers, announced today a new strategic collaboration to focus on helping Quanergy bring affordable, smart LiDAR and 3D perception technologies to market.… Continue reading Quanergy Announces New Strategic Collaboration with Sensata Technologies

16:45 ETDana Incorporated Announces Leadership Change for its Light Vehicle Drive Systems BusinessDana Incorporated (NYSE: DAN) today announced a lead…

Mr. Foster previously served in senior executive roles at Johnson Controls, Inc., and Adient plc for more than two decades.  “Byron’s tremendous commercial and operational experience, coupled with his commitment to customer centricity, make him an ideal fit to lead our Light Vehicle business,” said James Kamsickas, Dana chairman and CEO.  “I’d like to thank Bob… Continue reading 16:45 ETDana Incorporated Announces Leadership Change for its Light Vehicle Drive Systems BusinessDana Incorporated (NYSE: DAN) today announced a lead…

Eaton Acquires a 50 Percent Stake in Jiangsu YiNeng Electric’s Busway Business

DUBLIN, June 25, 2021–(BUSINESS WIRE)–Power management company Eaton (NYSE:ETN) today announced it has completed the acquisition of a 50 percent stake in Jiangsu YiNeng Electric’s busway business, which manufactures and markets busway products in China and had sales of $60 million in 2020. “This strategic agreement with YiNeng marks an exciting milestone for both of… Continue reading Eaton Acquires a 50 Percent Stake in Jiangsu YiNeng Electric’s Busway Business

Elon Musk Dumped Radar for Tesla’s Self-Driving Cars. His A.I. Chief Explains Why.

Reuters Videos Nasdaq jumps to record high The Nasdaq closed at its highest level – ever – on Tuesday, as Federal Reserve Chairman Jerome Powell told lawmakers the Fed is keeping an eye on inflation but is still a long way from removing crisis-era assistance to the economy.The Dow rose 68 points. The S&P 500… Continue reading Elon Musk Dumped Radar for Tesla’s Self-Driving Cars. His A.I. Chief Explains Why.

Lear Named by General Motors as a 2020 Supplier of the Year and Overdrive Award Winner

SOUTHFIELD, Mich., June 24, 2021 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that it was recognized as a GM Supplier of the Year during General Motors’ 29th annual Supplier of the Year ceremony. This is the 20th time Lear has received the Supplier of the Year… Continue reading Lear Named by General Motors as a 2020 Supplier of the Year and Overdrive Award Winner

Continental Supplies Tires for the Ford Mustang Mach-E

Continental receives original equipment approval for PremiumContact 6 With its efficiency, sportiness and comfort, the PremiumContact 6 increases the range of electric vehicles Hanover, Germany, June 24, 2021. Continental has received approval for original equipment of the Ford Mustang Mach-E for its PremiumContact 6 tire. The PremiumContact 6 is specifically geared for sporty and comfortable… Continue reading Continental Supplies Tires for the Ford Mustang Mach-E