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Auto, Truck & Motorcycle Parts

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Potential Takata backers call for court involvement in rehabilitation plan - Nikkei

Wednesday, 18 Jan 2017 03:23pm EST

Nikkei - :Two potential sponsors for Takata's rehabilitation plan are asking for court involvement in the process - Nikkei.

Jiangsu Pacific Precision Forging sees 2016 net profit up 33.6 pct to 35.8 pct

Tuesday, 17 Jan 2017 03:17am EST

Jiangsu Pacific Precision Forging <300258.SZ>: Sees net profit for 2016 up 33.6 percent to 35.8 percent, or to be 187 million yuan to 190 million yuan .Says the net profit of 2015 was 139.9 million yuan.

THN says capital injection of 4.66 bln won to China unit Shandong Sanzhen Electrics

Tuesday, 17 Jan 2017 01:22am EST

THN Corp <019180.KS> : Says it will invest 4.66 billion won in China unit Shandong Sanzhen Electrics Co.,Ltd, to expand overseas production base . Says it will hold 100 percent stake in Shandong Sanzhen Electrics Co.,Ltd after the transaction .Expected transaction settlement date is Jan. 16, 2018.

Twintec: companies of Kontec Group apply for insolvency protection

Monday, 16 Jan 2017 10:01am EST

Twintec Ag :Companies of the Kontec Group apply for insolvency protection.

Jiangsu Olive Sensors High-Tech to buy stakes in three firms

Monday, 16 Jan 2017 07:00am EST

Jiangsu Olive Sensors High-Tech Co Ltd <300507.SZ> :Says it signs agreement to buy 32 percent stake each in Schürholz GmbH, Schürholz Polska Sp z o.o., and Schürholz GmbH & Co. KG Stanztechnik for a combined 6 million euros ($6.36 million).

Ningbo Shuanglin Auto Parts to acquire Shanghai firm for 465 mln yuan

Monday, 16 Jan 2017 03:00am EST

Ningbo Shuanglin Auto Parts Co Ltd <300100.SZ> : Says it plans to acquire Shanghai auto parts company for 465 million yuan ($67.44 million) via share issue, cash .Says it plans to raise up to 232.5 million yuan in share private placement to help fund acquisition.

NGK Spark Plug to be fine about 72 mln yen by Korea Fair Trade Commission

Monday, 16 Jan 2017 01:19am EST

NGK Spark Plug Co Ltd <5334.T>: Says Korea Fair Trade Commission ("KFTC") announced its decision to impose remedies and fines of 741 million Korean Won (about 72 million yen) against the co for agreeing in advance on prices and successful bidders in bids for automotive oxygen sensors .Says it has not received a formal and final notification from KFTC at this moment.

Hellaby Holdings recommends shareholders to accept Bapcor offer

Sunday, 15 Jan 2017 03:33pm EST

Hellaby Holdings Ltd :Hellaby recommends shareholders accept Bapcor offer.

Takata reaches settlement agreement with U.S. Department of justice

Friday, 13 Jan 2017 02:41pm EST

Takata Corp <7312.T> : Takata reaches settlement agreement with u.s. Department of justice . Takata corp - settlement fully resolves doj investigation into takata, all subsidiaries, affiliates, including takata's u.s. Subsidiary, tk holdings . Takata -co also agreed to enhance its corporate compliance program and appoint an independent monitor, who will report to doj for a period of 3 years .Says "takata deeply regrets circumstances that have led to this situation and remains fully committed to being part of solution".

Uhm Eun Jong resigns as acting CEO of Jico

Friday, 13 Jan 2017 03:50am EST

Jico Co Ltd <010580.KS> :Says it changed acting CEO of the company to Cho Yong Seok from Uhm Eun Jong due to Uhm Eun Jong's resignation, effective Jan. 13.


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