All Entries in the Category : Auto/Trans

Delphi Automotive could spend $3 bln on acquisition in 2015

(Reuters) – Delphi Automotive Plc Chief Executive Kevin Clark said the company could spend $1 billion to $3 billion this year on a large acquisition related to its traditional “hardware” business and will make smaller investments in software.

: Auto/Trans

GM To Spend $5.4B On U.S. Factories

General Motors plans to spend $5.4 billion to improve its U.S. factories during the next three years, creating about 650 new jobs.

: Auto/Trans

Harman secures $3.2B in automotive audio business

Audio, infotainment and software services company, Harman, has received new orders from global automakers in the first four months of calendar 2015 totaling USD 3.2 billion.

: Auto/Trans, Consumer

Flextronics To Further Expand Its Automotive Offering

Flextronics announced today that it has entered into a definitive agreement to acquire Mirror Controls International (MCi) from private equity firm Egeria in an all cash transaction valuing its share capital at €457 million ($494 million USD*).

: Auto/Trans, EMS

Chinese automaker aims to sell 3 million units by 2020

GUANGZHOU — Guangzhou Automobile Industry Group is targeting sales of 3 million cars by 2020, a 160% rise from 2014, the company said.

: Auto/Trans, Data

Sensata Technologies Announces Q1 Results

ALMELO, Netherlands, April 28, 2015 /PRNewswire/ — Sensata Technologies Holding N.V. (NYSE: ST) (the “Company”) announces results of its operations for the first quarter ended March 31, 2015.

: Auto/Trans, Industrial |

Denso forecasts profit growth on higher Asia sales

TOKYO (Reuters) — Japan’s Denso Corp., the world’s second-biggest auto supplier based on revenue, forecast a 7 percent rise in operating profit for the year ahead, citing an anticipated rise in Asian sales.

: Auto/Trans