Auto Parts

News: Magna acquires Getrag $MGA

Magna International Inc. has announced that it has signed an agreement to acquire the Getrag Group of Companies, one of the world’s largest suppliers of automotive transmissions. We believe the architecture of Getrag’s product line is well-positioned to support current and future automotive powertrain configurations. In particular, Getrag is a leader in the growing market for …

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Earnings: Modine Sales Down $MOD

Modine Manufacturing Company., a leader in thermal Management Solutions, has announced the results for the FY-2014-15. The results shows Sales down to $363.0 Million from $ 390.6 Million and EPS improves to -$0.20 from -$0.30 YoY. View the full earnings release here.