Valeo files its 2017 Registration Document

The 2017 Registration Document, available in French and English, includes the Annual Financial Report, the Integrated Report, the Board of Directors’ Management Report, the Board of Directors’ Corporate Governance Report, and the Sustainable Development Report, as well as information on the Company’s share buyback program. The 2017 Registration Document is available to the public in… Continue reading Valeo files its 2017 Registration Document

Press Release – Magna Provides Engineering Expertise to New Automaker VinFast

Please click HERE for a PDF version of the release. Complete vehicle development for two models Advanced engineering methods reduce development time to 12 months Vehicles will be built at the VinFast production plant in Haiphong, Vietnam SHANGHAI, China, March 29, 2018 (GLOBE NEWSWIRE) — Asia represents one of the strongest growing automotive markets in… Continue reading Press Release – Magna Provides Engineering Expertise to New Automaker VinFast

BRIEF-Dana Inc Comments On Decision By GKN PLC Shareholders

March 29 (Reuters) – Dana Inc: * DANA COMMENTS ON DECISION BY GKN SHAREHOLDERS * DANA INC – “APPEARS UNLIKELY THAT OUR PROPOSED COMBINATION WITH GKN DRIVELINE WILL PROCEED” * DANA – “ACKNOWLEDGES THE DECISION BY MAJORITY OF SHAREHOLDERS OF GKN PLC TO ACCEPT THE PROPOSAL BY MELROSE INDUSTRIES PLC TO ACQUIRE GKN” Source text… Continue reading BRIEF-Dana Inc Comments On Decision By GKN PLC Shareholders

Dana Comments on Decision by GKN Shareholders

MAUMEE, Ohio, March 29, 2018 /PRNewswire/ — Dana Incorporated (NYSE: DAN) acknowledges the decision by a majority of the shareholders of GKN plc to accept the proposal by Melrose Industries plc to acquire GKN.  As a consequence, it appears unlikely that our proposed combination with GKN Driveline will proceed. “We are, of course, disappointed by today’s outcome… Continue reading Dana Comments on Decision by GKN Shareholders

Hyundai streamlines governance structure for M&As, build up core business

SEOUL, March 29 (Yonhap) — Hyundai Motor Group’s plan to streamline its governance structure among affiliates will pave the way for future mergers and acquisitions and help it focus on its mainstay car manufacturing business, local analysts here said Thursday. On Wednesday, the country’s biggest carmaker announced it will spin off the module manufacturing and… Continue reading Hyundai streamlines governance structure for M&As, build up core business

The key questions on the attempted hostile takeover of GKN

The war of words is almost over as GKN shareholders have until Thursday lunchtime to decide if they back GKN’s board or a new future under Melrose. But just what is at stake? :: What is GKN? GKN is the third-largest engineering company in the FTSE 100 after BAE Systems and Rolls-Royce. It is also… Continue reading The key questions on the attempted hostile takeover of GKN

Press Release – Magna Posts 2017 Annual Report

Please click HERE for a PDF version of the release. AURORA, Ontario, March 28, 2018 (GLOBE NEWSWIRE) — Magna International Inc. (TSX:MG) (NYSE:MGA) today announced that its 2017 Annual Report, including Management’s Discussion and Analysis and Audited Consolidated Financial Statements, Annual Information Form (AIF) and Form 40-F, are now available on the company’s website, www.magna.com. … Continue reading Press Release – Magna Posts 2017 Annual Report

DENSO to Integrate the Management of Two Subsidiaries that Manufacture Parts

Mar. 29, 2018 News Releases Organization Announcement KARIYA (Japan) ― DENSO Corporation today announced that on July 1, 2018 it will integrate the management of two DENSO Group companies: DENSO PREAS Corporation and DENSO KIKO Co., Ltd., both of which manufacture metal press-worked parts. The business environment will tremendously change in the future with the… Continue reading DENSO to Integrate the Management of Two Subsidiaries that Manufacture Parts

Autonomous vehicles in the criticism: Man or machine – who better recognizes dangers

All articles and backgrounds 03/29/2018 Autonomous vehicles in the criticism man or machine – who recognizes dangers better Continental Graphical representation of the functionality of lidar sensors Of the fatal accident of a robotic car in Arizona has sparked a heated debate: how good or how dangerous are autonomous vehicles? Because despite a variety of… Continue reading Autonomous vehicles in the criticism: Man or machine – who better recognizes dangers