7Vote!
Green Car Congress (Free subscription) | yesterday
Antonov Plc, the UK-based transmission technology specialist, has been awarded, in partnership with Jaguar and MIRA, a project by the UK Government’s Technology Strategy Board to develop a high efficiency 2-speed transmission suitable for use in electric vehicles. The project...
7Vote!
eGMCarTech (Free subscription) | yesterday
It was rumored last year that GM’s full-size SUVs and pickups will move from a body-on-frame to a unibody construction. Well, seems like that rumor can now be laid to rest. Cosma International, a division of Magna International, announced today that it will supply the Detroit automaker with frame assembly for its next-generation full-size light [...]
+Vote!
Business Wire (Free subscription) | yesterday
LAKE FOREST, Ill.--(BUSINESS WIRE)--Tenneco Inc. (NYSE:TEN) today announced that it successfully completed the previously announced public offering of 12,000,000 shares of its common stock at a price of $16.50 per share. Tenneco received $198 million in gross proceeds and approximately $187 million in net proceeds, after expenses, from the sale of its common stock. Tenneco will use the proceeds to...
+Vote!
Just Auto (Free subscription) | yesterday
TRW Automotive Holdings has announced a new airbag control unit designed to allow the integration of a range of pre-crash occupant safety functions as well as inertial sensors for stability control. The technology will start production with two unnamed "major" vehicle manufacturers in 2012.
3Vote!
Autoblog (Free subscription) | yesterday
Filed under: SUV , Truck , Cadillac , Chevrolet , GM , GMC 2009 Cadillac Escalade Platinum - Click above for high-res image gallery The GMT900 platform is by far the highest volume chassis General Motors has here in the States, as it underpins the Chevrolet Silverado, Tahoe, Avalanche and Suburban, the Cadillac Escalade/Escalade ESV, and the GMC Sierra, Yukon and Yukon XL. We never had any doubt that...
Explore : Auto industry,
Buick,
Buick Enclave,
Cadillac,
Cadillac Escalade,
Cars,
Chevrolet,
Chevrolet Silverado,
Economy,
GMC,
GMC Acadia,
Lifestyle,
Magna International,
Yukon
+Vote!
PR News Wire (Free subscription) | yesterday
LIVONIA, Mich., Nov. 24 /PRNewswire-FirstCall/ -- TRW Automotive Holdings Corp. (NYSE: TRW) today announced its next generation Airbag Control Unit designed for maximum flexibility to allow the integration of a range of pre-crash occupant safety functions as well as inertial sensors for stability control. The Company has confirmed that the technology will start production with two major vehicle manufacturers...
4Vote!
Just Auto (Free subscription) | yesterday
Magna International unit Cosma International has announced it will supply the frame [chassis] assembly for General Motors' next generation of full-size light-duty pickups and SUVs.
3Vote!
Trade Radar (Free subscription) | yesterday
The third quarter earnings season is about over. It's time to take stock (no pun intended, well, maybe it was). After each quarter's earnings season, I try to pull together what I call the Growth Report. Part 1 compiles the list of stocks that have shown a year-over-year increase in both revenue and earnings AND a sequential quarter-over-quarter increase in both revenue and earnings. Given the perception...
Explore : Apparel Stores,
Auto industry,
Business Intelligence,
Cars,
Corinthian Colleges,
CRM,
Economy,
Education,
Information Technology,
Lifestyle,
Mercury,
Mercury MY,
Money,
O'Reilly Automotive,
Ross Stores,
Salesforce.com,
Software,
Software and services,
SP 500 Index,
Stock exchange
3Vote!
ABC News (Free subscription) | 23/11/2009
TRW Automotive completes $250 million debt offering Financial Services - Business - TRW - Debt consolidation - Financial Planning
3Vote!
CBC.ca (Free subscription) | 23/11/2009
An operating unit of Magna International Inc. has been chosen to supply frame assemblies for a new generation of full-size pickups and SUV from General Motors.
3Vote!
atHome Top Story (Free subscription) | 23/11/2009
Magna International Inc. (TSX: MG.A ) had some welcome news for recession-battered St. Thomas, Ont., on Monday, announcing that it has been chosen to supply frame assemblies for General Motors' next generation of full-size pickups and SUVs.
+Vote!
PR News Wire (Free subscription) | 23/11/2009
LIVONIA, Mich., Nov. 23 /PRNewswire-FirstCall/ -- TRW Automotive Holdings Corp. (NYSE: TRW), today announced its wholly-owned subsidiary, TRW Automotive Inc. ("TAI"), has completed its previously announced offering of $250 million in aggregate principal amount of senior unsecured notes due 2017 (the "Notes"). The Notes will have an interest rate of 8.875% and will be issued at a...
4Vote!
traimi | 29/09/2009
The hurdles are not over for the planned takeover of Magna International and Sberbank of General Motor’s Opel /Vauxhall segment. Sberbank, Russia’s biggest lender, is looking for a domestic carmaker to be its industrial partner.
4Vote!
traimi | 24/09/2009
In another case of a supplier transforming into a threat is Magna International’s takeover of Opel with Russian partner Sberbank . Volkswagen said that it will withdraw business from Magna if the takeover pushes through.
4Vote!
traimi | 13/09/2009
Finally, the verdict is in! General Motors sold a 55% stake in Vauxhall and Opel to Magna International and its Russian banking partner Sberbank. GM retains 35% of the company, while the remaining 10% will be held by an Opel employee trust fund.