Latest Developments in North America Drive Shaft Market

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Latest Developments in North America Drive Shaft Market

  • ICT
  • Oct 2024
  • North America
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

  • In September 2024, Cummins acquisition of Jacobs Vehicle Systems, including Clessie Cummins' revolutionary Jake Brake system. Originally inspired by a harrowing 1931 journey, the Jake Brake transforms engine braking, enhancing safety and efficiency for truckers. This innovation reflects Cummins' commitment to advanced engine technologies and safer transport solutions
  • In September 2023, JTEKT announces advancements in automotive technology at the 2023 Tokyo Motor Show, showcasing innovations in steering and driveline systems aimed at enhancing vehicle performance and driving comfort for future mobility
  • In August 2024, Nexteer introduces a cost-effective modular pinion assist Electric Power Steering (EPS) system, now available for all EPS architectures, enhancing flexibility and performance in steering solutions for various vehicles
  • In May 2023, American Axle & Manufacturing (AAM) announced it had secured a contract to supply e-Beam axles for a future Stellantis electric vehicle program, featuring integrated 3-in-1 e-Drive technology, set to begin production later in the decade
  • In December 2021, AEQUITA SE & Co. KGaA has finalized a binding agreement to fully acquire IFA Group, a prominent specialist in drive shafts, which elevates AEQUITA's automotive sector sales to over EUR 1 billion. This acquisition strengthens AEQUITA's position in the drive shaft market by capitalizing on IFA's innovative technologies and strong reputation among major automotive OEMs, setting the stage for ongoing growth and a competitive edge in the industry