Johnson Controls will purchase the automotive assets of A123 Systems following Tuesday’s bankruptcy filing by the manufacturer of lithium-ion batteries for electric cars. The sale is subject to court approval. Waltham, MA-based A123 will neither cease operations nor proceed with a previously announced plan to sell an 80% stake to Wanxiang Group, China’s largest auto-parts maker, The Wall Street Journal reports. The deal is worth $125 million but is subject to higher offers at ...

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.