Affinia Group Inc. has closed the sale of its global chassis business to an affiliate of Federal-Mogul Corporation. The gross consideration was $150 million.
Group Michelin plans to close a truck tire plant in Budapest by mid-2015, citing a «volatile» European truck tire market and the factory’s urban location as its reasons for doing so.
ACDelco has launched an updated TechConnect website for distributor, service center and trade customers with more content and improved navigation and search functionality.
Federal-Mogul Corp. announced that it has expanded its Moog Steering and Suspension coverage of late-model Asian, European and domestic passenger vehicle applications with several new control arms, complete strut assemblies and other precision-engineered parts.
Donaldson Company Inc., a global manufacturer of filtration systems and parts, has established a new distribution center in Slovakia to support the company's customers across the region.
StopTech, the high-performance and racing brand from Centric Parts, has introduced a new front axle StopTech Big Brake Kit for the all-new 2014 Ford Fiesta ST.
TRW Automotive Holdings Corp. (NYSE: TRW) will supply its Belt Drive Electric Power Steering (EPS) system to a next generation mid-sized Sport Utility Vehicle (SUV) being launched by Chinese automaker Great Wall Motor Company in 2015. Sport Utility Vehicles are the fasting growing vehicle segment in the rapidly expanding Chinese market with a 43% sales increase from 2013 compared to 2012 according to IHS data.
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