(IN BRIEF) MAHLE has signed an agreement to sell its U.S. engineering services division, MAHLE Powertrain USA, to the Dumarey Group, with the deal expected to close in Q1 2025. The transaction includes the Plymouth, Michigan facility, which employs around … Read the full press release
Posted in Automotive, Business, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged Advanced Engineering, business acquisition, Chief Technology Officer, Corporate Research, Dr. Marco Warth, Dumarey Group, electrified powertrain systems, engineering services, growth potential, hybridized internal combustion engines, MAHLE, MAHLE Powertrain, MPT USA, partnership, Pierpaolo Antonioli, Plymouth Michigan, Powertrain Solutions, PUNCH Group, strategic goals, U.S. engineering services market, U.S. market, U.S. market focus
(IN BRIEF) MAHLE is leading a €5.1 million, three-year project funded by Germany’s Federal Ministry for Economic Affairs and Climate Action to develop hydrogen-based powertrain solutions for construction and agricultural machinery. The initiative, involving partners like DEUTZ, KIT, and Claas, … Read the full press release
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