Automotive

Latest rubber industry news for manufacturers serving the automotive sector.

Recent News

  • ZF to acquire TRW

    Sep 16, 2014

    LIVONIA, Mich.—ZF Friedrichshafen A.G. plans to acquire TRW Automotive Holdings Corp. in an all-cash transaction valued at about $13.5 billion on an enterprise value basis.

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  • Polymer Tech acquisition bolsters portfolio, growth

    By: Mike Scott, RPN correspondent Sep 15, 2014

    NEWARK, Del.—Delaware-based Polymer Technologies Inc. has acquired Engineered Plastics Solutions Group Inc., a manufacturer of custom shock and vibration solutions, in a deal that will help Polymer feed its long-term strategy of growth products and expanding into new markets.

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  • Federal-Mogul to split into two companies

    By: Dustin Walsh Sep 08, 2014

    SOUTHFIELD, Mich.—Federal-Mogul Holdings Corp., the Southfield-based diversified auto supplier and aftermarket parts producer controlled by longtime Wall Street investor Carl Icahn, said it plans to split its two business units into two publicly traded companies. The separation will occur...

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  • Goodyear not considering Ohio for new tire plant

    Sep 08, 2014

    AKRON—Goodyear has removed Ohio from consideration for its next tire plant, citing logistics, labor costs and access to a deep-sea port as reasons for the decision. In a Sept. 2 letter to Akron Mayor Don Plusquellic and Summit County Executive Russ Pry, the tire maker noted that its...

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  • Chrysler goes with Falken tires for two Jeep models

    Sep 05, 2014

    KOBE, Japan—Chrysler Group L.L.C. has selected the Falken Ziex ZE 914 EcoRun as an original equipment fitment on Jeep Compass and Patriot models being sold in various markets outside of the U.S. and Canada, according to Sumitomo Rubber Industries Ltd., owner of the Falken brand.

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  • Cooper Standard buys majority stake in Chinese JV

    Sep 04, 2014

    NOVI, Mich.—Cooper Standard Holdings Inc. has agreed to purchase an additional 47.5 percent of Huayu-Cooper Standard Sealing Systems Co. Ltd., its joint venture with Huayu Automotive Systems Co., and become the 95 percent equity owner of the business.

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