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Inteva Products acquires majority stake in Korean auto parts joint venture

2015-04-08 17:17:04| Canadian Plastics Headlines

Troy, Mich.-based automotive parts supplier Inteva Products LLC has acquired majority ownership in its Korean Door Systems (KDS) joint venture. Effective March 30, Inteva will boost its ownership stake from 50 per cent to 53 per cent through the transaction… The post Inteva Products acquires majority stake in Korean auto parts joint venture appeared first on Canadian Plastics.

Tags: products auto parts majority

 

US: average fuel economy of March auto sales on the rise

2015-04-08 13:03:12| Auto Dealers - Topix.net

According to the latest report coming from the University of Michigan Transportation Research Institute, the average fuel economy figure for new cars and light trucks delivered last month in the US soared by 0.2 mpg. The study follows the average window-sticker value of new cars, SUVs, vans and pickups sold on the US market in March - with researchers Michael Sivak and Brandon Schoettle saying the level rose from 25.2 mpg in February to 25.4 mpg last month.

Tags: the march auto sales

 
 

PPG Takes Over Auto, Wood Companies

2015-04-08 07:34:45| Chemicals - Topix.net

PPG Industries has stretched its wings from Australia to France and from additives to wood stains, closing two acquisitions on two continents in two days. On April 1, PPG completed its acquisition of France's Revocoat, a global supplier of sealants, adhesives and damper products for the automotive industry.

Tags: auto companies takes wood

 

PPG Platinum Distributor of the Year award presented to BAPS Auto Paints & Supply

2015-04-08 07:00:00| Coatings World Breaking News

Tags: year auto presented supply

 

Car ETF In Focus On Mixed Auto Sales Report

2015-04-08 04:38:55| Auto Dealers - Topix.net

U.S. auto sales inched up around 0.5% year over year to 1.55 million units in March 2015, compared with a gain of around 5.3% in February. However, sales on a seasonally adjusted annualized rate amounted to 17.1 million units in March, surpassing the consensus estimate of 16.8 million.

Tags: report auto sales car

 

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