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Tag: automotive
Vodafone to acquire Cobra Automotive Technologies
2014-06-16 08:39:00| Telecompaper Headlines
(Telecompaper) Vodafone announced plans to acquire Cobra Automotive Technologies for EUR 145 million. Based in Italy and listed in Milan, Cobra is a provider of security and telematics services to the automotive and insurance industries. Vodafone said the deal will help it expand in the M2M market, offering more services than just connectivity. Vodafone will pay EUR 1.49 per share for Cobra, which also holds EUR 48 million in debt, under the agreement with holders of 74 percent of Cobra shares. Vodafone also agreed to acquire another 20 percent in Cobra from minority shareholders for EUR 20 million, once the initial offer is completed. Pending regulatory approval, the takeover is expected to close in the third quarter.
Tags: automotive
technologies
acquire
vodafone
Constellium investing $20M in Decin Site to boost production of specialty aluminum alloy products for automotive market
2014-06-14 16:30:39| Green Car Congress
Tags: site
products
market
production
IHS Automotive Reports on Average Age of Vehicles
2014-06-13 17:28:02| AutomotiveDigest.com - Automotive Industry News
The average age of vehicles on American roads is remaining steady at 11.4 years, according to IHS Automotive. During the past year, the average age of light trucks has increased and come in line with the average age of passenger cars. IHS is seeing a plateau in the market, and expects it to remain over the next few years. The Article IHS Automotive Reports on Average Age of Vehicles appeared first on Automotive Digest.
Tags: age
average
reports
automotive
Automotive Testing Expo 2014: Rohde & Schwarz Presents Its T&M Solutions For The World Of Cars
2014-06-13 08:54:45| rfglobalnet Home Page
The automotive industry is increasing its focus on technologies that support drivers in critical situations and help them avoid accidents. Rohde & Schwarz will demonstrate its reliability as an industry partner at the international Automotive Testing Expo 2014 in Stuttgart.
MPM Opens Automotive Glazing Coating Facility in Germany
2014-06-13 07:00:00| Coatings World Breaking News
Tags: germany
automotive
facility
opens
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