t two of its subsidiaries have entered into an asset sale and purchase agreement with Robert Bosch LLC and its affiliate Frenados Mexicanos, S.A. de C.V., for the sale of their brake components business, including a manufacturing plant in Saltillo, Mexico. Pursuant to the procedures outlined in the Bankruptcy Code, the company filed a motion on June 15, 2007 with the U.S. Bankruptcy Court for the Southern District of New York to request a bidding...

Major Suppliers  Updated at: 2025/07/09

Parts develops, produces and sells automotive wiper assemblies, brake valves, and other components. It generated CNY 83.7 million in sales and CNY -12.8 million in net profit during 2013. (From an announcement by the company on November 28, 2014) A123 Systems, a U.S. battery supplier that declared bankruptcy in October, said it is seeking a 50 million dollars loan from Wanxiang Qianchao. The company is intending to continue service to its cust...

Major Suppliers  Updated at: 2025/07/08

wnship, Michigan Recaro unveils new Recaro Sport Seat Platform Recaro won a contract with MAN to increase annual seat production Recaro partners with Ford on the Special Edition Mustang Bullitt, debuting at NAIAS RECARO Automotive North America acquires C12 Technology assets Recaro Automotive files bankruptcy; No impact on Recaro Automotive Japan RECARO Automotive not out of business Johnson Controls to acquire Keiper Recaro's seat business ...

Major Suppliers  Updated at: 2025/07/02

y's wholly-owned subsidiary, acquired EMS Technologies, Inc. Jul. 2014 Sold Friction Materials business (Bendix Friction Materials) to Federal Mogul for USD 155 million. Oct. 2018 Completed to spin-off its Transportation Systems Division as Garrett Motion  Inc. Sep. 2020 Filed for Chapter 11 bankruptcy. Apr. 2021 The Company emerged from bankruptcy. May 2021 The Company common stock has commenced trading on the Nasdaq Global Select Mar...

Major Suppliers  Updated at: 2025/07/02

y interest. Dec. 2007 Completed the acquisition of a 74% joint venture interest in MAP India, a leading manufacturer of automotive sealing products in India. Aug. 2009 Announced that the Company and certain of its US subsidiaries voluntarily filed petitions for relief under Chapter 11 of the US Bankruptcy Code. May 2010 Emerged from Chapter 11 Mar. 2011 Acquired USi, Inc. from Ikuyo Co. Ltd. Jan. 2012 Acquired the automotive sealing bus...

Major Suppliers  Updated at: 2025/06/02

se original equipment manufacturer. The Company will supply First Auto Works with airbag systems. Signed a new supply agreement with Sungwoo Corporation to deliver driver and passenger side nonazide inflators. Sep. 1997 Filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code. Oct. 1997 Signed a Memorandum of Understanding with Siemens Aktiengesellschaft, Automotive Systems Group to form a global strategic...

Major Suppliers  Updated at: 2025/05/17

sed on steering systems research, design, and manufacturing. 1998 Integrated as steering operations business division into the newly created Delphi Corporation under General Motors. 1999 Delphi Corporation was spun-off by General Motors as an independent corporation. 2005 Filed for Chapter 11 bankruptcy protection as part of Delphi Corporation. 2009 Sold to General Motors from Delphi Automotive and renamed Nexteer Automotive. 2010 Sold ...

Major Suppliers  Updated at: 2025/05/08

is likely to post a loss of about JPY 250 billion relating to the restructuring of Wolfspeed, Inc. (Wolfspeed), a U.S.-based silicon carbide (SiC) semiconductor manufacturer, to process a deposit it paid to the company. Wolfspeed is expected to file for proceedings under the Chapter 11 of the U.S. Bankruptcy Code in the near future. Renesas Electronics signed a long-term SiC wafer supply agreement with Wolfspeed in 2023 and accordingly provided ...

Major Suppliers  Updated at: 2025/05/07

, and sale of wire harnesses. Jul. 2005 Sold its battery product line, with the exception of two U.S. operations, to Johnson Controls, for USD 202.5 million. Jul. 2005 Sold all shares it held in Akebono Brake Industry Co., Ltd. Oct. 2005 The Company's Chapter 11 cases were filed out in the US Bankruptcy Court. Mar. 2006 Established a joint venture with a European brake system supplier, Roland Brake Systems, to produce brake lining in Indi...

Major Suppliers  Updated at: 2025/04/23

f Yuejin Motor Group Corporation. 2006 Decided to exit the interior business and completed the divestiture of European interior business. Mar. 2007 Completed the divestiture of its interior business. Jul. 2009 The Company, along with certain U.S. and Candian subsidiaries, filed for Chapter 11 bankruptcy protection. Nov. 2009 The Company emerged from Chapter 11 bankruptcy protection. May 2012 Acquired Guilford Mills, a manufacturer of fa...

Major Suppliers  Updated at: 2025/04/23

al output of 90,000 tons at the Yulchon industrial complex, Gwangyang, South Jeolla Province. (From a press release on January 21, 2020) General Motors has selected a site for its new JV battery-cell plant with LG Chem on vacant property it once owned in Lordstown, Ohio, and left behind in its 2008 bankruptcy.GM has entered into a purchase agreement with NorthPoint Development for the 158-acre property, located next to the former GM Lordstown Ass...

Major Suppliers  Updated at: 2025/04/17

ompany press release) Delphi Corporation, through certain of its affiliates, has entered into an asset sale and purchase agreement with a subsidiary of TRW Automotive Holdings Corp. for the sale of a portion of its North American brake component machining and assembly assets. As required under the Bankruptcy Code, Delphi filed a motion with the U.S. Bankruptcy Court for the Southern District of New York requesting a hearing on Sept. 27, 2007 to ...

Major Suppliers  Updated at: 2025/04/11

transferred to elsewhere. (From a press release on July 7, 2010) Linamar has acquired the additional shares of its subsidiary Linamar Hungary Nyrt, increasing its stake in Linamar Hungary from about 70.3% to approximately 99.0%. (From a press release on July 2, 2010) Given the filing for Chapter 11 bankruptcy protection by GM, Linamar issued a statement on accounts receivable from GM. As of June 1, 2009, the outstanding balance from GM that is ol...

Major Suppliers  Updated at: 2025/04/09

North American coupled fluid products business to Coupled Products Acquisition LLC, a wholly owned subsidiary of Wanxiang (USA) Holdings Corporation. The sale substantially concludes the overall divestiture of its fluid products business. Jan. 2008 As a result of Dana Corporation's emergence from bankruptcy under Chapter 11 of the United States Bankruptcy Code on Jan. 31, 2008, the Company is the successor registrant to Dana Corporation pursuan...

Major Suppliers  Updated at: 2025/04/02

. Mar. 2009 Announced that one of its subsidiaries in the United Kingdom, Visteon UK LTD, has been placed under the control of court-appointed administrators. May 2009 Announced that the Company and certain of its US subsidiaries voluntarily filed petitions for relief under Chapter 11 of the US Bankruptcy Code. Mar. 2010 Sold its radar system business to Autoliv. Oct. 2010 Emerged from Chapter 11. Aug. 2012 Sold its automotive lighting ...

Major Suppliers  Updated at: 2025/03/27

atured on Ford Focus RS Tenneco Inc. announced that it has entered into a purchase agreement with Delphi Automotive Systems LLC to acquire certain ride control assets and inventory at Delphi's Kettering, Ohio facility. The closing of this purchase is subject to certain closing conditions, including bankruptcy court approval. As part of the purchase agreement, Tenneco would pay approximately $10 million for existing ride control components invento...

Major Suppliers  Updated at: 2025/03/26

line. The transition is expected to be completed by the end September 2010. (From a press release on Mar.27, 2009)  Cummins is temporarily closing the Columbus MidRange Engine Plant (CMEP) in Indiana, U.S., as a result of Chrysler's decision to idle its manufacturing operations while it undergoes bankruptcy reorganization. CMEP manufactures diesel engines used in the heavy-duty Dodge Ram pickup truck. The plant will be down until Chrysler resum...

Major Suppliers  Updated at: 2025/03/18

with XL Hybrids Johnson Controls supplying interior components for Kia cee'd Johnson Controls to withdraw lead-processing operations from its Shanghai battery plant Johnson Controls supplies seat systems for Ford B-MAX Johnson Controls expands seat component plant in Hungary A123 Systems files for bankruptcy, to sell automotive business to Johnson Controls Johnson Controls Inc. announced that its product group Recaro Automotive Seating has devel...

Major Suppliers  Updated at: 2025/03/11

ply pistons for Xiamen King Long Motor's vans for South America Shandong Binzhou Bohai Piston to supply pistons for SAIC-GM-Wuling Baojun 560, Baojun 730 Nissan releases new pickup truck in Thailand Bohai Automotive to lay off 22% of its German staff Two Bohai Auto German subsidiaries to file for bankruptcy Shandong Binzhou Bohai Piston receives supplier award from Shanghai VW Powertrain Bohai Automotive Systems to buy 75% shares in TAH of Germ...

Major Suppliers  Updated at: 2025/01/03

SAMIL and with the current sell-out, SWS holding has reduced to 14.32% in SAMIL. (Based on Samvardhana Motherson International Limited stock exchange notification dated March 16, 2023) Samvardhana Motherson International Limited (SAMIL), a company of Motheron Group, announced that the United States bankruptcy court, Northern District of Alabama, Western Division vide an order dated April 7, 2023, authorized the sale of substantially all the asset...

Major Suppliers  Updated at: 2024/12/12