Supplier Spotlight

Video Exclusives

Chevrolet expands performance line-up

gtr

Chevrolet details its ZR2 concept and race development truck as the company continues to redefine the segment


Mazda SPCCI tech breakdown

gtr

As featured in the upcoming issue of Engine Technology International, Mazda breaks down the technologies embedded within its SkyActiv-X engine


Click here/on image to watch video

As SEMA opens this week, to expected record numbers, is the aftermarket important to OEMs at the initial stages of design and development?

News

Delphi announces plans for spin-off of powertrain segment

Delphi Automotive PLC has announced its intention to execute a tax-free spin-off of its Powertrain Systems segment into a new, independent publicly traded company. Immediately following the transaction, which is expected to be completed by March 2018, Delphi shareholders will own shares of both companies.

"Today’s announcement represents an exciting opportunity for our businesses by creating two independent companies, each with a distinct product focus, a proven business model, and the flexibility to pursue accelerated investments in advanced technologies that solve our customers’ most complex challenges,” said Kevin Clark, president and chief executive officer. “At a time of unprecedented industry change, the underlying strength of both our operating businesses and strategic partnerships will allow each company to focus even more sharply on its unique opportunities, continue to develop the very best advanced technologies, and help our customers navigate the road ahead.”

The convergence of technologies underpinning industry megatrends is driving greater demand for advanced electronics and increased computing power to meet consumer preferences for more safety, efficiency, and connectivity. At the same time, regulations for emissions and fuel economy are becoming increasingly stringent globally, requiring advanced engine management and electrification systems to enhance vehicle performance and meet customer demand.

“Looking ahead, new mobility will be defined by the convergence of automated driving, increased electrification, and connected infotainment, all enabled by exponential increases in computing power and smart vehicle architectures,” Clark added. “As a result of our strategy to grow and expand through organic investments, acquisitions, and strategic partnerships aligned to the safe, green and connected industry megatrends, our Electrical/ Electronic Architecture and Electronics & Safety businesses are well positioned for significant growth as the only global provider of an integrated ‘brain and nervous system’ of the vehicle. We have the advanced technologies, engineering capabilities, and cost structure to be a global leader in the rapidly evolving mobility sector.”

Upon completion of the transaction, E/EA and E&S will continue to focus on its portfolio of safe, green and connected technology solutions and satisfying the increasingly complex needs of its customers. The company operates a flexible and lean business model, delivering value to shareholders through disciplined and profitable growth, strong cash generation and balanced and accretive cash deployment.

Powertrain is a global technology leader focused on optimizing vehicle propulsion systems by enhancing environmental efficiency and vehicle performance. The company is a global supplier to original equipment manufacturers and aftermarket customers with 20,000 global employees, 5,000 engineers and revenues of approximately US$4.5bn in 2016.

Powertrain’s portfolio of advanced propulsion technologies benefits from increasingly stringent regulatory standards and consumer demands for increased fuel economy and reduced CO2 emissions. With its global engineering capabilities and lean and flexible manufacturing footprint, the company is focused and positioned to deliver above market, sustainable and profitable growth.

17 May 2017


RECEIVE THE
LATEST NEWS


Your email address:





Read Latest Issue
International Engine of the Year Awards
Read Latest Issue

Web Exclusive Articles

Infiniti unveils groundbreaking VC-T engine
First impressions: ETI travels to Arizona to test Infiniti’s innovative VC-T engine
Read Now

BMW M3 CS: The Knowledge
Quicker, lighter and faster. BMW’s new reworked special edition high-performance sedan, the M3 CS, takes full advantage of its upgraded six-cylinder in-line engine.
Read Now

Engines on test: Nissan Micra DCI90
Nissan's fifth-generation Micra shares a range of engines with its Alliance-partner Renault, which feel right at home in the rejuvenated Japanese supermini
Read Now

Read Latest Issue

Supplier Spotlight

Supplier SpotlightClick here for listings and information on leading suppliers covering all aspects of the engine technology industry. Want to see your company included? Contact aboobaker.tayub@ukimediaevents.com for more details.

فروشگاه اینترنتی فروشگاه اینترنتی سیستم همکاری در فروش کانال تلگرام چت روم ماهواره آنلاین اندروید دانلود فیلم فروشگظ;ه اینترنتی

Submit your industry opinion

Industry BlogDo you have an opinion you'd like to share with the engine technology community? We'd like to hear your views and opinions on the leading issues shaping the industry. Share your comments by sending up to 500 words to d.slavnich@ukimediaevents.com

Submit Your Recruitment Ad

Recruitment AdTo send us your recruitment advertising or to receive information on placing a banner please email aboobaker.tayub@ukimediaevents.com