- In March 2024, DRiV expanded its product coverage in the Americas by introducing 181 new part numbers across its leading brands, including Monroe, MOOG, Walker, Wagner, and Beck-Arnley during the first two months of 2024. These additions provide millions of additional repair occasions, covering approximately 97 million vehicles on the road. This initiative demonstrates DRiV's commitment to providing comprehensive coverage and quality parts for shop owners and technicians
- In May 2024, AISIN CORPORATION showcased its advancements at the Automotive Engineering Exposition 2024, emphasizing "electrification" products and technologies for carbon neutrality and enhanced mobility. The lineup featured electric drive units for various vehicles, including the energy-efficient Xin1 eAxle and 1-motor hybrid transmission. Additionally, safety and comfort technologies like door co-pilot and optimal parking recommendations were highlighted. This exposition boosts AISIN's growth potential by showcasing its innovative solutions in electrification and mobility, attracting potential partners and customers, and enhancing its reputation as a leader in automotive technology
- In April 2023, DRiV inaugurated a fully-automated shuttle and packaging system at its European Center in Belgium This USD 12 million investment in automation significantly improves customer service by expediting delivery of DRiV’s automotive brands. The system allows for faster order processing, increased picking accuracy, and reduced delivery times, enhancing support for e-commerce solution. With its strategic location, the center ensures greater parts availability and quicker deliveries to Western and Eastern Europe, the Middle East, and North Africa
- In February 2022, American Auto Body in Billings, Montana, has expanded its operations through an acquisition by Crash Champions, LLC. This move provides American Auto Body with new avenues for employee growth and enhances customer experiences, maintaining its commitment to delivering top-notch repairs and service
- In February 2022, DuPont's agreement to sell most of its Mobility & Materials segment, including the Engineering Polymers business line, to Celanese for USD 11.0 billion marks a major milestone in its transformation into a premier multi-industrial company. This strategic move streamlines DuPont's operations, enabling a focused approach on growth areas like electronics, water, industrial technologies, and next-generation automotive. The sale is expected to deliver substantial value to DuPont's shareholders and enhances its position for long-term success in the automotive parts market
