| The BRAKE Report Weekly | March 28, 2020
This week more Tier 1 suppliers close plants due to COVID-19 and Ford / FCA announce plans to reopen.
Latest News
Source: Aptiv announcement DUBLIN / SEOUL / BOSTON – Aptiv (NYSE: APTV) and Hyundai Motor Group are pleased to announce they have completed the formation of their 50/50 autonomous driving joint venture aimed at advancing the companies’ shared vision of making mobility more safe, green, connected, and accessible. Headquartered in…
Source: AP Racing announcement COVENTRY, U.K. – Due to the current state of the COVID-19 pandemic, measures imposed by the U.K. government aligned with AP Racing’s top priority being the safety and well-being of employees, business partners and the local community, the company is experiencing, beyond its control, unprecedented restrictions…
Source: Meritor announcement TROY, Mich. — Meritor, Inc. (NYSE: MTOR) provided an update on its global operations in response to the continued spread and impact of COVID-19. “The COVID-19 pandemic has resulted in unprecedented uncertainty in the global commercial vehicle industry and economies around the world,” said Jay Craig, CEO…
Source: Brembo announcement CURNO, Italy – Due to the emergency situation in Lombardy and the extraordinary measures taken by the Italian Government, Brembo will extend the temporary suspension of its Italian operations in Stezzano, Curno, Mapello and Sellero until 3 April. The company continues to monitor the evolution of the…
Source: RoadShow post TUCSON, Ariz. – TuSimple, an autonomous driving company focused on self-driving Class 8 commercial trucks, will be partnering up with ZF, one of the largest Tier 1 suppliers of automotive parts and technologies, to “develop and commercialize technology for autonomous trucks.” Founded in 2015, TuSimple currently operates…
| Coffee Brake
Host Eric Jennings pays a visit to Link Engineering's corporate office and sits down with CFO, Derek Stoneburg. Derek provides an update and overview of Link, discusses the ever-changing automotive industry, and gives us a look at the Dearborn, MI facility.
Stefan Greimel is the Managing Director and Chief Executive Officer of Tribotecc GmbH. Based in Arnoldstein, Austria, Tribotecc is a global market and technology leader of high-performance metal sulfide solutions for the friction industry. As functional additives, they are used in brake pads and clutch facings as well as in…
CHATHAM, Mass. – A few years ago, Ford considered terminating The Lincoln Motor Company, its luxury division best known for providing the Town Cars which dominated America’s car-service providers. Sales had dropped steadily, and the product portfolio was not competitive. A new Navigator and Continental – spearheaded by a popular…
