TRW

Civil settlements for price fixing rise

12:01 am U.S. ET | May 4, 2015

Civil settlements have exceeded $270 million in federal litigation stemming from the ongoing U.S. criminal antitrust investigation into automotive supplier price fixing....
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Supplier price-fixing civil settlements top $260M

10:50 am U.S. ET | April 28, 2015

Civil settlements recently have exceeded $260 million in federal litigation stemming from the ongoing US criminal antitrust investigation into supplier price fixing....
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TRW details China plans, sale of unit

12:01 am U.S. ET | April 27, 2015

TRW, the safety components supplier being acquired by Germany's ZF, said it plans to open three plants in China this year and next. It also will sell its linkage and suspension business to Tokyo conglomerate THK, to help clear the way for ZF's purchase....
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TRW to sell suspension unit to THK for $400 million

6:46 am U.S. ET | April 22, 2015

TRW Automotive Holdings said it agreed to sell its linkage and suspension business to Tokyo conglomerate THK for $400 million....
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TRW plans to open 3 more plants in China

10:08 am U.S. ET | April 21, 2015

TRW Automotive, the safety components supplier being acquired by Germany’s ZF Friedrichshafen, said it plans to open three plants in China this year and next....
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ZF sells bonds to help finance TRW acquisition

2:37 pm U.S. ET | April 20, 2015

ZF raised $2.4 billion with the company's first bond sale in its 100-year history to help pay for its acquisition of automotive safety components supplier TRW Automotive Holdings Corp....
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TRW in talks with India’s Amtek to sell suspension business, reports say

10:29 am U.S. ET | March 25, 2015

Amtek Auto, an Indian car parts maker, is among companies in talks to acquire TRW's suspension business, people familiar with the matter said....
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ZF-TRW deal to be approved by EU regulators, report says

1:48 pm U.S. ET | March 4, 2015

EU antitrust regulators are expected to clear German car parts maker ZF Friedrichshafen's $13.5 billion bid for US peer TRW Automotive Holdings with conditions, two people with knowledge of the matter told Reuters today....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Check out the ANE e-magazine for March

March 2, 2015 06:01 CET

The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, March 2. This month's edition looks why ultraluxury brands such as Bentley, Lamborghini, Rolls-Royce and Maserati are poised to keep experiencing unprecedented success....
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ZF offers EU concessions in $13.5 billion TRW deal

Feb. 20, 2015 13:36 CET

ZF Friedrichshafen has offered concessions in a bid to secure European Union approval for its $13.5 billion takeover of TRW Automotive Holdings....
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TRW seeks long-term business from Takata airbag customers

2:58 pm U.S. ET | Feb. 13, 2015

TRW Automotive is moving ahead with plans to produce replacement airbag inflators for Takata customers, but only for automakers willing to offer guarantees of long-term business....
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TRW says adjusted Q4 profits rose 26%

9:24 am U.S. ET | Feb. 13, 2015

TRW Automotive Holdings, which is being acquired by German supplier ZF Friedrichshafen AG, today said fourth-quarter adjusted earnings grew 26 percent from last year....
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NEWS ANALYSIS

TRW recall shows the mess life-saving airbags have become

6:51 am U.S. ET | Feb. 1, 2015

Federal regulators' push for a second recall of 2.1 million cars and trucks whose airbags could go off while driving delivered more cautionary tales about a complex life-saving technology that's had a very bad year....
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Toyota, Honda, Fiat Chrysler must do 'follow up' recalls of 2.12 million vehicles

10:55 am U.S. ET | Jan. 31, 2015

Honda, Toyota and Fiat Chrysler will do "follow up" recalls of about 2.12 million vehicles with defective electronic control units that can cause airbags to inadvertently deploy, federal safety regulators said today. The recall affects about 1 million vehicles from Toyota, 374,177 from Honda and 753,176 from Fiat Chrysler....
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ZF chief: TRW to keep its own identity -- for now

12:01 am U.S. ET | Jan. 26, 2015

TRW Automotive Holdings will remain a stand-alone company for at least three to five years after the completion of its merger this spring with ZF Friedrichshafen AG....
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EU regulators to rule on ZF's bid for TRW by Feb. 26

Jan. 23, 2015 15:09 CET

EU antitrust authorities will decide by Feb. 26 whether to approve German supplier ZF Friedrichshafen's $13.5 billion bid for U.S. rival TRW Automotive....
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DUSTIN WALSH

BLOG: ZF CEO tells TRW staffers that jobs are safe

12:53 pm U.S. ET | Jan. 12, 2015

The $12.4 billion acquisition of TRW Automotive Holdings by Germany's ZF Friedrichshafen AG has many in metro Detroit afraid. But ZF CEO Stefan Sommer said at the Detroit auto show that those worries are for naught....
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GM develops contingency plans in case Takata recalls widen

2:59 pm U.S. ET | Dec. 19, 2014

General Motors has developed contingency plans in case recalls of potentially lethal Takata-made airbag inflators widens, forcing the automaker to repair millions of vehicles, the company said today....
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TRW strikes $440 million deal to shift U.S. pensions

2:49 pm U.S. ET | Dec. 16, 2014

TRW Automotive Holdings struck a deal to transfer U.S. pension obligations to MetLife as the maker of auto parts works to limit liabilities....
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ZF expects surging sales of driver-assist systems

12:01 am U.S. ET | Nov. 24, 2014

German supplier ZF Friedrichshafen AG, which agreed to buy TRW Automotive Holdings in September for $13.5 billion, expects the combined company's sales of driver-assist safety systems to grow 15 to 25 percent a year. Those technologies, which will underpin tomorrow's autonomous cars, also will be the "major" part of the combined company's $2.1 billion r&d budget, ZF CEO Stefan Sommer said....
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TRW shareholders approve $13.5 billion takeover by ZF

7:21 am U.S. ET | Nov. 20, 2014

TRW Automotive shareholders today approved a $13.5 billion takeover offer by Germany's ZF Friedrichshafen, the companies said, paving the way for a new global automotive supply powerhouse to rival Robert Bosch....
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TRW investment to help Takata replace defective airbags would be short-term, ZF CEO says

Nov. 17, 2014 10:49 CET

ZF Friedrichshafen is ready to invest more through TRW Automotive in airbag inflator output to meet replacement demand following the recall of defective airbags made by Takata. The investment would not be a strategic shift to win market share, ZF CEO Stefan Sommer said....
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Feds push Takata to outsource inflators Rivals TRW

12:01 am U.S. ET | Nov. 3, 2014

Under pressure from federal regulators, airbag manufacturer Takata Corp. has asked rival suppliers if they can help produce replacement inflators for the company's customers....
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Takata taps rivals to help build replacement inflators

6:06 pm U.S. ET | Oct. 30, 2014

Takata, under pressure from federal regulators, has asked rival suppliers if they can help produce replacement inflators for the company's airbag customers....
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TRW's revenue slips 1%, net income falls 4% in Q3

11:02 am U.S. ET | Oct. 28, 2014

Automotive safety technology supplier TRW Automotive Holdings, preparing for its $13.5 billion acquisition by ZF Friedrichshafen, today said its third-quarter revenue dropped 1 percent to $4.16 billion from a year earlier, while net income fell 4 percent....
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