(Reuters) – BorgWarner Inc (BWA.N) on Tuesday agreed to buy UK-based Delphi Technologies Plc (DLPH.N) in a $3.3 billion deal, as the U.S. auto parts maker looks to expand in a growing market for hybrid and electric vehicles. Delphi shareholders will receive 0.4534 shares of BorgWarner for each share held. That translates to $17.39 per… Continue reading UPDATE 1-Auto parts maker BorgWarner to buy Delphi Technologies in $3.3 bln deal
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BorgWarner in advanced talks to buy Delphi Technologies – Bloomberg
(Reuters) – U.S. auto parts maker BorgWarner Inc (BWA.N) is in advanced talks to buy UK-based Delphi Technologies PLC (DLPH.N), as it looks to expand in a growing market for hybrid and electric vehicles, Bloomberg reported on Tuesday. A deal could be announced as soon as this week, the report said. The two companies did… Continue reading BorgWarner in advanced talks to buy Delphi Technologies – Bloomberg
Mahle to locally produce electric drive systems in India – ETAuto.com
Initially the auto parts manufacturer will offer 48V PMSM motors and controllers in the range from 4 to 18 Kilowatts. New Delhi: Automotive parts supplier Mahle has increased its stake to 90 per cent in its former 50:50 joint venture in India, Mahle Electric Drives India (MEDI). The company is aiming to locally produce electric… Continue reading Mahle to locally produce electric drive systems in India – ETAuto.com
Continental Rubber of America, Corp. — Moody’s announces completion of a periodic review of ratings of Continental AG
Moody’s Investors Service (“Moody’s”) has completed a periodic review of the ratings of Continental AG and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody’s reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a… Continue reading Continental Rubber of America, Corp. — Moody’s announces completion of a periodic review of ratings of Continental AG
Gestamp invests 10 million euros in a stamping press
The world’s leading stamping maker, Gestamp, has just acquired a new stamping press for € 10 million. The world leader in hot stamping and forming Gestamp has just invested 10 million euros in a new 2,500-ton two-slide stamping press at its plant in Theil-sur-Huisne in the Orne region. The factory that manufactures parts for […]Read… Continue reading Gestamp invests 10 million euros in a stamping press
Press: ZF provides transmission and ADU kit for new Airbus H145
ZF Luftfahrttechnik GmbH (ZFL) provides kit for transmission and Advance Dynamic System Unit (ADU) of new five-bladed rotor Airbus H145 Series delivery to start in 2020 Reliable transmission technology by ZF for more than 100 years Kassel-Calden/Anaheim. ZF deepen relationship as reliable partner of Airbus: For the new version of the H145 helicopter with the… Continue reading Press: ZF provides transmission and ADU kit for new Airbus H145
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Duis tortor leo, ultrices non pretium in, tristique eget massa. Curabitur porta felis placerat dolor pharetra, id suscipit justo blandit. Duis pellentesque varius mauris, eu tincidunt elit. Pellentesque porta turpis et erat aliquam rhoncus. Morbi ac rhoncus urna. Interdum et malesuada fames ac ante ipsum primis in faucibus. Proin tellus ex, lobortis eget vestibulum quis,… Continue reading Neque porro quisquam est qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit
Dremel further taps into product segment for households: Versatile power scrubber Versa
The Robert Bosch Power Tools GmbH, a division of the Bosch Group, is one of the world’s leading providers for power tools, power tool accessories and measuring tools. In 2018, its roughly 20,000 associates generated sales of 4.6 billion euros, about 85 percent of which outside of Germany. With brands such as Bosch and Dremel,… Continue reading Dremel further taps into product segment for households: Versatile power scrubber Versa
Wuhan lockdown spurs corporate Japan’s contingency response
TOKYO — For the first time in almost two decades, Tencent Holdings founder Pony Ma will not directly hand out traditional red envelopes of cash to employees to celebrate the Lunar New Year. Such are the precautions being taken in China, even in Tencent’s home base of Shenzhen, some 1,100 km away from Wuhan, the epicenter… Continue reading Wuhan lockdown spurs corporate Japan’s contingency response
Uber’s self-driving unit starts mapping Washington, D.C. ahead of testing
Uber Advanced Technologies Group will start mapping Washington, D.C., ahead of plans to begin testing its self-driving vehicles in the city this year. Initially, there will be three Uber vehicles mapping the area, a company spokesperson said. These vehicles, which will be manually driven and have two trained employees inside, will collect sensor data using… Continue reading Uber’s self-driving unit starts mapping Washington, D.C. ahead of testing