LEVERKUSEN, Germany–TMD Friction has restructured the sale and distribution of its Textar ABS sensors. The ABS sensors from TMD Friction’s European aftermarket central warehouse in Leverkusen-Hitdorf will immediately start shipping to Textar customers. This means that customers will receive even…
DETROIT, MICH.–Autonomous driving is coming. At what rate of arrival and development we can’t be sure. But automakers have dramatically pared back their r&d on internal combustion engines in favor of autonomous or self-driving vehicles. Before we see a lot…
AUBURN HILLS, Michigan–WABCO Holdings Inc. (NYSE: WBC), is taking its technologies on the road with its continuing series of demo days across the United States. WABCO Demo Days, which the company started more than two decades ago, allow customers to…
COLUMBUS, Ohio–Hexion Inc., a leading supplier of resins to friction companies, today announced that it has received final authorization from the U.S. Bankruptcy Court for the District of Delaware to access the full amount of its $700 million in committed…
STOCKHOLM, Sweden–Sweden’s Veoneer said on Monday it would seek up to $500 million in new capital to help the maker of electronic car products cope with a downturn in the vehicle market and fund new product development. Shares in the…
ZHEJIANG, China–SORL Auto Parts, Inc. (SORL) a leading manufacturer and distributor of automotive brake systems as well as other key safety-related auto parts in China, announced today that its Board of Directors has received a non-binding preliminary proposal letter, dated…
DETROIT, Mich.–For aftermarket brake manufacturers, it’s hard to produce brake pads without relying on The Friction Material Standards Institute (FMSI). But as the non-profit has been around doing its work since 1948, there are a lot of upstart companies and…
WAUPACA, WI — Waupaca Foundry, Inc., a Hitachi Metals group company, announces it is opening a machining operation adjacent to its gray iron foundry located on the east side of Waupaca. The new Waupaca Foundry machining plant is located at…
TROY, Mich.–AxleTech, the world’s premier provider of off-highway and specialty vehicle drivetrain systems and components, announced the sale of its Electric Vehicle Systems division to Allison Transmission, effective immediately. The transaction consists exclusively of assets, intellectual property, products, and people…
STOCKHOLM, Sweden–Veoneer expects to gain from a commercial delay in self-driving cars, betting that rising demand for its radar and camera-based systems as the industry ramps up to autonomy will boost its market position Forecasts on when autonomous vehicles will…
ELYRIA, Ohio – When visiting a Bendix (Bendix Commercial Vehicle Systems LLC and Bendix Spicer Foundation Brake LLC) facility, you wouldn’t expect to see employees refashioning wood pallets and crates into coffee tables, wine racks, or patio furniture. But that’s exactly…
STEZZANO, Italy (Reuters) – Shareholders in Brembo approved on Thursday a loyalty share scheme which would allow the family that owns the Italian premium brake maker to retain control as the company looks to expand through acquisitions. Under the new…
MUNICH, Germany–Audi AG’s self-driving unit has chosen a lidar startup to partner with as it ramps up testing in Munich using a fleet of autonomous electric e-tron crossover vehicles. Audi subsidiary Autonomous Intelligent Driving, or AID, said Wednesday it’s using lidar…
STAUNTON, Va. – April 16, 2019 – Jim Zhang, founder, chairman and CEO of Friction One, has been inducted into the Federated Auto Parts Vendor Hall of Fame. The Federated Hall of Fame induction took place during the recent Automotive…
Silver Eagle Manufacturing Equips Bendix Air Disc Brakes and Valves on Specialized Wheeled Equipment ELYRIA, Ohio – April 15, 2019 – “We do a lot of fun and interesting things,” said President and Chairman Gary Gaussoin, describing Portland, Oregon-based Silver Eagle Manufacturing…
SHANGHAI, China–Friedrichshafen/Shanghai ZF today announced the debut of ZF coPILOT, an intelligent advanced driver assistance system (ADAS) leading to enhanced safety and driving comfort opportunities. Leveraging the power of AI and equipped with a comprehensive sensor set, vehicles can perform…
BROADVIEW, Ill. – Bosch has added new parts coverage in March and April for more than 2.1 million vehicles in operation in North America. The new SKUs fit select vehicles including Audi, Chrysler, Honda, Lexus, Ram Trucks and more. Thirty-eight…
ELYRIA, Ohio – When it comes to remanufacturing, Bendix Commercial Vehicle Systems LLC has long extolled its advantages, from quality to cost savings to sustainability. To put the benefits in numerical terms, the company cites 5,392 as one example –…
MCHENRY, Ill. – Craig Stark has joined Maval Industries LLC and Brake Parts Inc (BPI) as general manager, remanufactured products, it was announced today by David Overbeeke, president and CEO. “We are very pleased to welcome Craig to Maval and…
ROME, Mich.–Times change, contexts change, but Brembo continues to take on new technological challenges. In the early 1970s, Alberto Bombassei (son of Emilio, founder of Brembo) was not much more than 30 years old when he approached Piero Ferrari, asking…
DETROIT, Mich.–While virtually every auto company is planning for an autonomous-vehicle future, and all the major brake suppliers in the world are developing smart brake systems as a key part of the technology, Ford CEO Jim Hackett says we may…
DETROIT, Mich.–Akebono Brake Industry Co. Ltd. said Monday that it is proceeding with a turnaround “business revitalization plan and profitability improvement measures” with an eye toward a meeting with creditors and preferred shareholders on June 11 and a final plan…
DETROIT, Mich.–Evaporation of business with General Motors in North America short-circuited the growth plans of Japanese Akebono Brake Industry Co. Ltd. in the region, moving the company to close as many as three plants. Akebono is reorganizing with the help…
FRANKFURT, Germany–Continental’s Chassis & Safety division, which specializes in safety technologies, has had three of its four business units under new management since April 1, 2019. These changes are part of Continental’s realignment and ensure continuity in the Chassis &…
DETROIT, MICH.–Members of the public got the chance this past weekend to take a free ride in a self-driving vehicle as part of an effort to clear up confusion about the technology. Hundreds signed up for the 6-minute journey that…