Tag Archives: spin

Honeywell to spin off turbocharger business

Taking a better shot

by Helen K Honeywell plans to spin off its turbocharger business into a new publicly listed company by the end of 2018. The turbocharger business is expected to generate annual revenue of about $ 3 billion. … Automotive News Breaking News Feed

Delphi to spin off powertrain business, focus on autonomy and EVs

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by Frankenspotter Photography Automotive supplier Delphi plans to spin off its powertrain unit in order to focus on developing technology for autonomous driving systems and electrically powered vehicles. … Automotive News Breaking News Feed

Cars.com to spin off from Tegna

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by Proudlove Tegna Inc., the broadcaster once part of Gannett, will spin off auto-sales website Cars.com and is evaluating a sale of its CareerBuilder job-hunting unit. Alex Vetter, a longtime Cars.com executive, will lead the independent company as CEO. … Automotive News Breaking News Feed