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Women of Stellantis Launches as First Stellantis Global Business Resource Group in Observance of International Women’s Day

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Women of Stellantis drives women’s influence in business and product strategies with over 3,000 members Global diversity and inclusion strategy serves as foundation in propelling Stellantis to a global mobility tech company Stellantis observes International Women’s Day through global and regional celebrations AMSTERDAM, March 8, 2022 – Stellantis today celebrated International Women’s Day by launching […]

Lear Completes Acquisition of Kongsberg Automotive’s Interior Comfort Systems Business Unit

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SOUTHFIELD, Mich., February 28, 2022 – Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced it has completed the acquisition of substantially all of Kongsberg Automotive’s Interior Comfort Systems (ICS) business unit. The acquisition will further advance Lear’s seat component capabilities and expand product offerings in increasingly popular thermal […]

Penske Automotive Group Acquires Team Truck Centres in Ontario, Canada

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Represents $150 Million in Annualized Revenues BLOOMFIELD HILLS, Mich., Feb. 28, 2022 /PRNewswire/ — Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world’s premier automotive and commercial truck retailers, today announced that it has acquired TEAM Truck Centres (“TEAM”), a retailer of medium and heavy-duty Freightliner and […]

BorgWarner’s Hydrogen Injection System Supports CO2-Free Mobility for Off-Road Application

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BorgWarner won a production program for complete injection system, including injectors, rail, electronic control unit and system integration Expanding into hydrogen propulsion is a further step toward creating a broad portfolio of clean propulsion solutions Auburn Hills, Michigan, February 15, 2022 – BorgWarner is expanding its efforts into hydrogen combustion and was recently awarded its […]

BorgWarner to Provide Leading Chinese OEM with 800V SiC Inverters

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BorgWarner’s 800V silicon carbide-based inverters will power the latest high-end BEV platform Partnership enables BorgWarner products to extend to higher and more feasible system-level applications Auburn Hills, Michigan, February 15, 2022 – BorgWarner, a global product leader in delivering innovative and sustainable mobility solutions to the vehicle market, is empowering a leading Chinese original equipment […]

BorgWarner’s All-New 800-Volt Integrated Electric Drive Module Drives Leading Chinese NEV Brands Forward

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800-Volt integrated drive module (iDM) features high-voltage silicon carbide inverter The new highly integrated and efficient iDM220 delivers superior performance Enables global automakers to produce cleaner, more efficient vehicles Auburn Hills, Michigan, FEBRUARY 15, 2021 – BorgWarner has secured a contract with a Chinese luxury new energy vehicle (NEV) brand to supply its new integrated […]

BorgWarner Completes Acquisition of AKASOL AG

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Expands Commercial Vehicle and Industrial Application Capabilities Accelerates business in Fast-Growing Commercial Vehicle and Off-Highway Battery Pack Market Auburn Hills, Michigan, February 15, 2022 – BorgWarner Inc. (NYSE: BWA) today announced that it has completed its acquisition of AKASOL AG. The combination of BorgWarner and AKASOL is expected to significantly strengthen the company’s commercial vehicle […]

BorgWarner Secures North American Award for Generator Inverter Program with Major OEM

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Latest business award from a global OEM, marks second silicon carbide-based inverter module win for North America Technology will provide high levels of continuous current and advanced cooling strategies to meet thermal demands Auburn Hills, Michigan, February 15, 2022 – BorgWarner has secured a contract with a major global OEM to supply high voltage generator […]

BorgWarner Supplies Innovative Heater Technology for Premium Electric Vehicle

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New heater technology enters European market with BMW Group application Can be used for passenger cabin heating, improving battery energy performance and fast charging speed Thermal management solution available in power variants from 3 to 10kW Auburn Hills, Michigan, February 15, 2022 – As the trend toward electrification is growing, so are the electric vehicle […]

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