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7Vote!

Antonov to Develop 2-Speed Transmission for EVs

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!

GM’s full-size pickups and SUVs to remain on body-on-frame construction

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!

Tenneco Inc. Completes Public Offering, Raising Approximately $187 Million in Net Proceeds

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!

US: New airbag controller integrates more functions

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!

REPORT: GM's next-gen SUVs to be body-on-frame (otherwise they'd be crossovers)

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...

+Vote!

TRW Develops Next Generation Airbag Control Unit with Integrated Pre Crash Functions and Inertial Sensors

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!

CANADA: Magna unit wins GM frame business

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!

Q3-2009 Growth Report - Part 1

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...

+Vote!

TRW completes $250 million debt offering

LIVONIA, Mich. — Auto supplier TRW Automotive Inc. said Monday it has completed a previously a...

+Vote!

TRW completes $250 million debt offering

Auto supplier TRW Automotive Inc. said Monday it has completed a previously announced debt offering.

+Vote!

TRW completes $250 million debt offering

Auto supplier TRW Automotive Inc. said Monday it has completed a previously announced debt offering.

3Vote!

TRW Completes $250 Million Debt Offering

TRW Automotive completes $250 million debt offering Financial Services - Business - TRW - Debt consolidation - Financial Planning

3Vote!

Magna unit wins GM auto frame deal

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!

Beleaguered St. Thomas, Ont. chosen for Magna deal

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!

TRW Completes $250 Million 8.875% Senior Unsecured Notes Offering

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...

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4Vote!

Sberbank may sell its stake in Opel to another Russian bank

Sberbank may sell its stake in Opel to another Russian bank - traimi

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!

Vw to withdraw business from Magna if Opel take over is completed

Vw to withdraw business from Magna if Opel take over is completed - traimi

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!

GM sells a 55% stake in Vauxhall and Opel to Magna

GM sells a 55% stake in Vauxhall and Opel to Magna - traimi

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.