Combination Update: Court Sanction of Scheme of Arrangement and Publication of Prospectus DETROIT, Jan. 30, 2026 /PRNewswire/ -- Dauch (NYSE: AXL) and Dowlais are pleased to announce that the Court has issued the Court Order sanctioning the Scheme. As a result, the Scheme will become effective on delivery of the Court Order to the Registrar of Companies, which is expected to occur after the Scheme Record Time, being 6:00 p.m. on February 2, 2026. Prospectus Dauch has today published a prospectus (the "Pros ...

Aumovio will eliminate up to 4,000 roles globally by the end of 2026 while reshaping its research and development (R&D) operations. The German automotive supplier said the move is aimed at boosting the competitiveness of its worldwide R&D activities amid a difficult market backdrop. It also reaffirmed its objective of bringing its R&D spending ratio below 10% of sales in 2027, from 11.9% recorded in the third quarter of 2025. The company added that the restructuring aims to safeguard its market and tec ...

DETROIT, Jan. 26, 2026 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (the "Company") today announced that on January 23, 2026, the Company changed its name to Dauch Corporation ("Dauch") by filing an amendment to its Certificate of Incorporation (the "Amendment") with the Secretary of State of the State of Delaware (the "Name Change"). The Name Change and the Amendment became effective at 12:01 a.m. Eastern Time on January 26, 2026. As a result of the Name Change, effective February 5, 2026, ...

AURORA, Ontario, Jan. 22, 2026 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX:MG) (NYSE:MGA) MAGNA INTERNATIONAL INC. ANNOUNCES DATE FORQ4 & YEAR END 2025 RESULTS and 2026 OUTLOOK WEBCAST FRIDAY, FEBRUARY 13, 2026 @ 8:00 AM ET LIVE AUDIO WEBCASTWebcast registration: https://events.q4inc.com/attendee/415009297 DIAL-IN DETAILSParticipant Toll-Free Dial-In: 1-800-715-9871Participant Toll Dial-In: 1-646-307-1963Conference ID: 9829976Slide presentation will be available on our website Investors | Magna pri ...

German automotive supplier Continental has met its full-year guidance for both sales and adjusted EBIT margin at group level and within its tyres division. In contrast, performance at the ContiTech unit came in below the company’s stated margin range. Roland Welzbacher, Continental’s chief financial officer, attributed ContiTech’s performance to the “persistently weak market environment”. Continental reported preliminary sales of about €5bn ($5.86bn) for the fourth quarter and approximately €19.7bn for ...

- Hyundai Mobis has developed a telematics solution (MTCU) capable of 5G wireless communication, securing leadership in the global connectivity market - The current 4G-based telematics market is evolving with 5G technology, enabling high-precision map services and remote control - 5G solutions are also essential for SDV transformation, and the company aims to complete product development in the first half of this year SEOUL, South Korea, Jan. 21, 2026 /PRNewswire/ -- On the 21st, Hyundai Mobis announced th ...

SOUTHFIELD, Mich., Jan. 13, 2026 /PRNewswire/ -- Lear Corporation will hold a conference call to review the company's fourth quarter and full year 2025 financial results and related matters on February 4, 2026, at 9:00 a.m. EST. To participate in the conference call: Webcast link: click here Toll-free calls: 877-883-0383 International calls: 412-902-6506 The conference code is 0809356. You also may listen to the live audio webcast of the call, in listen-only mode, on Lear's Investor Relations website at ...

Harman International, owned by Samsung Electronics, is buying a key driver-assistance business from ZF Group in a €1.5 billion transaction that reflects mounting financial pressure across Europe's aut... ...

Core Viewpoint - Samsung Electronics' unit Harman International has agreed to acquire ZF Friedrichshafen's advanced driver assistance system (ADAS) business for $1.5 billion, indicating a strategic move to enhance its automotive technology portfolio [1] Group 1: Acquisition Details - The acquisition price for ZF Friedrichshafen's ADAS business is set at $1.5 billion, reflecting Samsung's commitment to expanding its presence in the automotive sector [1] - This acquisition is part of Samsung's broader strategy to strengthen its automotive technology capabilities, particularly in the area of advanced driver assistance systems [1] Group 2: Strategic Implications - By acquiring ZF Friedrichshafen's ADAS business, Samsung aims to leverage advanced technologies to enhance safety and automation in vehicles, aligning with industry trends towards increased vehicle automation [1] - The move is expected to position Samsung as a more significant player in the automotive technology market, potentially leading to new partnerships and opportunities within the industry [1]

Company Overview - Strattec Security Corp. was founded in 1908 and became public in 1995, specializing as an automotive supplier providing engineered solutions for various vehicle products [3] - The company has a diverse product portfolio, primarily serving original equipment manufacturers (OEMs) with about 8% of its business in the aftermarket [4] Customer Base - Historically, Strattec's customer mix is concentrated among North American OEMs, including General Motors, Ford, and Stellantis [4] - The company maintains a balanced product portfolio, focusing on innovative solutions for automotive applications [3] Operational Footprint - Strattec's headquarters is located in Milwaukee, Wisconsin, with additional facilities including a Customer Center in Michigan, a Distribution Center in El Paso, and assembly operations primarily in Mexico [5]