2M cars recalled a second time to fix air bags
Problems with a TRW Automotive electronic control unit have caused air bags to deploy inadvertently while cars are running.
ZF Friedrichshafen buying TRW Automotive for $11.74B
Deal creates an automotive supplier business with combined sales of approximately $41 billion and 138,000 employees.
TRW Automotive says it has received a preliminary acquisition offer
The auto parts supplier has not named the bidder.
US auto industry about to go on hiring spree to meet rising demand
As capacity continues to improve, auto and parts companies will add floor space and spent million on new equipment.
TRW Automotive’s Q2 income drops 25%
Higher costs, flat sales in Europe cited.