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Auto, Truck & Motorcycle Parts

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Schaeffler Says Jochen Schröder To Lead New E-Mobility Business Division‍​

9:00am EST

Jan 16 (Reuters) - SCHAEFFLER AG ::JOCHEN SCHRÖDER TO LEAD THE SCHAEFFLER GROUP’S NEW E-MOBILITY BUSINESS DIVISION‍​.

Compass Diversified Holdings Announces Retirement Of Alan B. Offenberg And Names Elias J. Sabo As CEO

8:45am EST

Jan 16 (Reuters) - Compass Diversified Holdings ::COMPASS DIVERSIFIED HOLDINGS ANNOUNCES RETIREMENT OF ALAN B. OFFENBERG AND NAMES ELIAS J. SABO AS CHIEF EXECUTIVE OFFICER.COMPASS DIVERSIFIED HOLDINGS - ‍SABO WILL ALSO BE APPOINTED TO CO'S BOARD.

GKN Rejects Buyout Proposal From Melrose, Appoints Anne Stevens As CEO

Friday, 12 Jan 2018 02:59am EST

Jan 12 (Reuters) - GKN Plc ::ANNOUNCES APPOINTMENT OF ANNE STEVENS AS CHIEF EXECUTIVE.‍CONFIRMS GROUP'S CURRENT TRADING​.OUTLINES A TRANSFORMATION PROGRAMME AND FUTURE GROUP STRUCTURE; AND REJECTS A PROPOSAL FROM MELROSE INDUSTRIES PLC.‍Q4 2017 TRADING WAS IN LINE WITH EXPECTATIONS AND GROUP THEREFORE CONTINUES TO EXPECT 2017 MANAGEMENT PROFIT BEFORE TAX((1)) TO BE SLIGHTLY AHEAD OF 2016​.‍GKN IS NOW CREATING DIFFERENTIATED PRODUCT SEGMENTS THAT WILL BE CLASSIFIED AS EITHER CORE OR NON-CORE​.CONFIRMS THAT ON 8 JANUARY 2018 IT RECEIVED A PRELIMINARY AND UNSOLICITED PROPOSAL FROM MELROSE TO ACQUIRE GKN.‍PROJECT BOOST IS A 2 YEAR PROGRAMME TO IMPROVE CASH AND PROFIT THAT WILL INCORPORATE ALL AREAS OF BUSINESS OPERATING SYSTEM INCLUDING CULTURE​.PROPOSAL AT A PRICE OF 405 PENCE PER SHARE, COMPRISING 80% IN NEW MELROSE SHARES AND 20% IN CASH.‍"PROPOSAL WOULD MATERIALLY DILUTE EXPOSURE OF GKN SHAREHOLDERS TO MEANINGFUL UPSIDE OPPORTUNITIES THAT BOARD BELIEVES ARE PRESENT WITHIN COMPANY"​.HAS CONSIDERED PROPOSAL TOGETHER WITH GLEACHER SHACKLOCK, J.P. MORGAN CAZENOVE AND UBS LIMITED, AND HAS UNANIMOUSLY REJECTED IT.

Ningbo Donly's Board Elects Song Jilong As Chairman, Li Wenguo As Vice Chairman

Thursday, 11 Jan 2018 06:12am EST

Jan 11 (Reuters) - Ningbo Donly Co Ltd <002164.SZ>::SAYS BOARD ELECTS SONG JILONG AS CHAIRMAN, LI WENGUO AS VICE CHAIRMAN.

Duncan Engineering Says Chandresh Taunk Resigns As CFO

Wednesday, 10 Jan 2018 06:16am EST

Jan 10 (Reuters) - Duncan Engineering Ltd ::SAYS CHANDRESH TAUNK RESIGNED AS CHIEF FINANCIAL OFFICER.

Fuyao Glass' Board Elects Chairman, Appoints General Manager

Monday, 8 Jan 2018 06:06am EST

Jan 8 (Reuters) - Fuyao Glass Industry Group Co Ltd <600660.SS>::SAYS BOARD ELECTS CAO DEWANG AS CHAIRMAN, APPOINTS YE SHU AS GENERAL MANAGER.

Gentex Announces Retirement Of CEO Fred Bauer

Friday, 5 Jan 2018 03:00pm EST

Jan 5 (Reuters) - Gentex Corp ::GENTEX CORPORATION ANNOUNCES RETIREMENT.SAYS CEO AND CHAIRMAN OF THE BOARD FRED BAUER TO RETIRE.SAYS JAMES WALLACE APPOINTED CHAIRMAN OF THE BOARD.ALSO ANNOUNCED RESIGNATION OF FRED BAUER FROM BOARD.

Guangdong Hongteo Accurate Technology says change of CFO

Wednesday, 3 Jan 2018 01:26am EST

Jan 3(Reuters) - Guangdong Hongteo Accurate Technology Co Ltd <300176.SZ>:Says it appoints Mou Jian as new CFO of the company due to Qiu Bikai's resignation.

Steyr Motors Says Chairman Liu Xiaojiang Resigns Due To Personal Health Reasons

Friday, 29 Dec 2017 04:53am EST

Dec 29 (Reuters) - Steyr Motors Corp <000760.SZ>::SAYS CHAIRMAN LIU XIAOJIANG RESIGNS DUE TO PERSONAL HEALTH REASONS.

Zhejiang Shibao says change of general manager

Friday, 29 Dec 2017 03:47am EST

Dec 29 (Reuters) - Zhejiang Shibao Co Ltd <002703.SZ>:Says it appoints Zhang Baoyi as new general manager, to succeed Zhang Shiquan .

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