Self-driving cars spur more automotive M&A in Silicon ValleyWed, 10, Aug 2016
The auto industry's self-driving revolution has spurred the biggest two years of automotive supplier takeovers in a decade. The total value of automotive supplier deals in 2015 and 2016 was $74.4 billion, according to data compiled by Bloomberg, with each of those years far exceeding the $17.7 billion annual average in the previous 10 years.
Leuliette wins temporary halt to Visteon lawsuit; case will go to arbitrationTue, 09, Aug 2016
Former Visteon CEO Tim Leuliette appeared to win an early round in litigation with his former employer, after U.S. District Judge Terrence Berg in Detroit agreed to temporarily halt Visteon's lawsuit against him in a severance pay dispute that could be worth $40 million.
Varroc develops adaptive-drive lighting systemWed, 03, Aug 2016
Varroc Lighting has engineered a lighting system called adaptive-drive beam that allows a vehicle's high beams to remain on all the time without blinding oncoming drivers. The technology eliminates the need for the driver to manually switch from high and low beams while driving at night.