Automotive

Australian carbon-fiber reinforced composite wheel supplier Carbon Revolution plans to open a North American factory in the coming years that would be capable of producing hundreds of thousands of wheels annually.

Cambro, the California-based molder of restaurant and foodservice products, has seen interest in its colorful tumblers via social media.

The agreement passed by a margin of 55 percent to 45 percent, winning by nearly 3,300 votes out of more than 35,000 cast, according to a count posted by the UAW.
 

A vote count published by the union on Nov. 15 showed the deal passing 52 percent to 48 percent. Among production workers, it was losing by 19 votes out of nearly 19,000 tallied.

Auburn Hills, Mich.-based automotive supplier TI Fluid Systems has acquired Budapest, Hungary-based injection molder Cascade Engineering Europe from Grand Rapids, Mich.-based Cascade Engineering Inc. for $27.7 million.

Stellantis NV and a pair of tier one automotive suppliers have been granted permission to take over the tooling from a bankrupt supplier to avoid "enormous losses" from shutting down vehicle assembly lines.

Auto supplier Adient plc says it saw $15.4 billion in sales for its 2023 financial year, which ended Sept. 30, representing a 9 percent boost from 2022.

Frunks were in spotlight at the SPE Automotive Innovation Awards on Nov. 8, with two different Ford Motor Co. vehicles winning category awards for the storage system and one of them — on the F-150 Lightning — also taking the grand prize.