Johnson Controls to explore spinoff of its auto business
8:13 am U.S. ET | June 10, 2015
Johnson Controls said it is "exploring strategic options" for its automotive business -- the first step in the possible sale or spinoff of its...
Magna, Durr plan new operations in Michigan
3:14 pm U.S. ET | June 10, 2015
A Magna International subsidiary and Durr Systems both have been approved for Michigan state incentives for new operations planned in suburban...
Visteon completes $3.6B sale of climate JV
4:50 pm U.S. ET | June 9, 2015
Visteon completed a $3.
Takata will give quality chief more authority with board role
4:45 am U.S. ET | June 5, 2015
Takata, the troubled Japanese supplier behind the massive global airbag recall crisis, will give the executive in charge of quality assurance,...
Goodyear, Sumitomo to dissolve global tire alliance
12:07 pm U.S. ET | June 4, 2015
Goodyear and Sumitomo Rubber Industries have agreed to dissolve their 16-year-old global tire alliance, with Goodyear to pay SRI $271 million...
Federal-Mogul expands powertrain division
11:56 am U.S. ET | June 3, 2015
Federal-Mogul Holdings, the supplier controlled by Wall Street investor Carl Icahn, is moving 140 employees from three operations in Ohio and...
A123 to double lithium-ion battery capacity
9:00 am U.S. ET | June 1, 2015
A123 Systems LLC plans to double the manufacturing capacity at its three lithium-ion battery plants in a $200 million investment.
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