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


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


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