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Mercedes-Benz working closely with customs, law enforcement authorities to fight counterfeit products, with a focus on brake discs, wheels, body and steering parts; over 1.86 million counterfeit Mercedes-Benz parts seized by law enforcement in 2021
Published: August 09, 2022 by Mercedes-Benz AG
Automotive seating firm Adient reports fiscal year Q3 net loss narrows to US$30.0M from US$71.0M a year ago, with net sales up at $3.5B from US$3.2B a year ago; low volume, operating inefficiencies, higher input costs weighed on results by about US$175.0M
Published: August 08, 2022 by PR Newswire
Tenneco reports Q2 net loss widens to US$121.0M from US$10.0M a year ago, with total revenue up 2% year-over-year to US$4.7B; lower volumes, inconsistent production schedules, inflationary cost pressures impact Q2 results
Published: August 08, 2022 by Tenneco Inc.
Dana reports Q2 GAAP net income down at US$8.0M from US$53.0M a year ago, with sales up at US$2.6B from US$2.2B a year ago; margins impacted by record inflation, rising material costs, supply-chain disruptions, volatile customer demand schedules
Published: August 08, 2022 by Dana Inc.
BorgWarner secures contracts to supply advanced high-voltage coolant heater technology to one global automaker, one Chinese automaker for use in new EV models; 800-volt HVHCs improve battery energy performance, extend electric drive range
Published: August 05, 2022 by Contify Automotive News

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