Magna International Inc.’s Magna Steyr Group and Tesma International Inc. cease merger talks following Magna Steyr’s move to acquire DaimlerChrysler AG’s Eurostar assembly plant in Graz, Austria. That deal will be completed in July. Magna and Tesma still plan to cooperate through resource and expertise sharing. Valeo SA wants to create two wholly owned subsidiaries for its clutches and friction materials activities, part of the supplier’s transmission branch. The plan has been submitted ...

Premium Content (PAID Subscription Required)

"Supplier Roundup" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.