DRESDEN, Germany – LF GmbH & Co. KG, which is promoting its LIQFRIC approach to friction technology, was at EuroBrake 2019 updating its business plan and product offering, which focuses on applying friction material onto brakes and clutches in liquid form…
WASHINGTON, DC–Donald Trump doesn’t seem to understand how tariffs work, but that doesn’t keep him from making up new ones, and throwing profit forecasts of several industries and the markets into chaos. Trump said Thursday he is going to to…
ELYRIA, Ohio–Need evidence of how important foundational maintenance is to keeping vehicles on the road and operating safely? Try this: During last year’s Commercial Vehicle Safety Alliance (CVSA) International Roadcheck, brake systems, tires and wheels, and brake adjustment represented well…
MUNICH, Germany–Knorr-Bremse announced this week it is closing down its steering systems production at Wulfrathe by 2020. The company is not getting out of the business, but consolidating its production and research and development around commercial steering systems. The company…
FRANKFURT, Germany–Every year, around 10,000 tons of brake dust are produced in Germany. Companies, like Mann+Hummel, are coming to market with filters to restrict this source of pollution. Regulators in Europe, as ell as in the the U.S. by way…
AUSTRIA–ams, a leading worldwide supplier of high performance sensor solutions, announced it has signed an agreement to team with Ibeo Automotive Systems GmbH, the German specialist for automotive LiDAR sensor technology, and ZF Friedrichshafen AG, to advance solid-state LiDAR technology…
SACRAMENTO, Calif.–The California Supreme Court denied Nissan’s petition to appeal a $25 million verdict blaming faulty brakes for a car crash that killed three people and caused a wrongful manslaughter charge. The verdict was upheld on Wednesday, May 15, 2019. This…
DRESDEN, Germany–After the participation in the Brazilian edition of one of the main events of the braking industry in the world, the 14th SAE Brazil International Colloquium of Brakes & Engineering – Motion Control, Fras-le executives linked to research, development…
Brake Pad Waste Collection Systems LOS ANGELES, Calif.–California can be a thorn in the side of the auto industry–stringent emissions regulations that are tougher than those at the federal level. But one area that California is leading on doesn’t have…
ZHEJIANG, China–SORL Auto Parts, Inc., a leading manufacturer and distributor of automotive brake systems as well as other key safety-related auto parts in China, announced today its financial results for the first quarter ended March 31, 2019. Net sales for…
Q: I have been with my company, a Tier 1 brake supplier, for seven years. I am getting restless. Is that a good enough reason to leave? Knowing when to seriously think about leaving your employer is a very tough…
DETROIT, Mich.–Car stocks have struggled as light-vehicle sales around the world have declined. The Russell 3000 Auto & Auto Parts Index is up about 3% year to date, worse than the 8.5% gain of the Dow Jones Industrial Average. What’s…
DETROIT, Mich-Delphi Technologies PLC (DLPH) first-quarter 2019 adjusted earnings per share of 67 cents beat the consensus mark by 12 cents, but declined 48.5% on a year-over-year basis. The reasons for the decline include unfavorable product mix, lower volume and…
Chinese consumers hotter for AVs than Americans More than half of Chinese consumers can’t wait to get out from behind the wheel and into an autonomous car. That makes China more positive than most about driverless vehicles, with western consumers…
DETROIT, Mich.–Tenneco Inc. (TEN-NYSE) reported first-quarter 2019 results, with adjusted earnings per share of 52 cents, missing the Zacks Consensus Estimate of 94 cents by a wide margin. Also, the company’s bottom line declined from the prior-year quarter figure of $1.62.…
DETROIT, Mich.–The Board of Directors (CA) of Randon Companies elected Daniel Randon as the company’s President/CEO, succeeding David Randon, who held the position since 2009, His nomination – made by the controlling shareholder – being therefore confirmed. Up to now,…
TROY, Mich., May 8, 2019 – Meritor, Inc. (NYSE: MTOR) today announced that it has entered into an agreement with an affiliate of The Carlyle Group, a global investment firm, under which Meritor will acquire AxleTech for approximately $175 million in cash,…
Q: We are a brake company trying to recruit top-quality engineers to fill open positions. In the past few months, we have lost some high-quality recruits that we had in process of selection. What can we do to avoid losing…
STOCKHOLM, Sweden–Autoliv, the worldwide leader in automotive safety systems, announced that Frithjof Oldorff has been appointed President of Autoliv Europe and member of Autoliv’s Executive Management Team. He is expected to join Autoliv no later than September 2019. Frithjof Oldorff…
KYOTO, Japan–HORIBA is expanding its test offering in Floersheim to meet increased customer testing demands. HORIBA, a leading supplier and innovator for complete test solutions, has acquired the stakes of HUEHOCO ANT in the Brake Test Center in Floersheim. This…
DETROIT, Mich.–Fuel economy, autonomous driving, electric driving are all growing trends. But so is speed. People are short of time, and getting place to place faster and with greater driving enjoyment is still a priority. And because intelligent braking systems…
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…
Question: I am 31 years old, working for a major brake supplier. I’m trying to decide if getting an MBA would be good for my career. Brian Hagman: Getting an MBA is really dependent on many factors. What are your…
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…