Johnson Controls, a global multi-industrial company, will showcase two vehicle interior concepts at the 2015 North American International Auto Show (NAIAS) in Detroit that offer enhanced comfort, personalization options and other unique features addressing the trend of autonomous driving. Johnson Controls will also unveil a new battery to help automakers meet increasing fuel efficiency and […]
In a move that will create one of the world’s three largest suppliers of vehicle cockpit electronics, Visteon Corporation (NYSE:VC) has agreed to purchase the automotive electronics business of Johnson Controls (NYSE:JCI) in a cash transaction valued at $265 million. According the company, the acquisition will “enhance Visteon’s competitive position in the fast-growing vehicle cockpit […]
Johnson Controls has strengthened its commitment to the Central and South American automotive battery market by acquiring 90 percent ownership of Colombian battery supplier MAC. Johnson Controls and MAC launched a joint venture in June 2011 to produce and sell lead-acid batteries in the Central and South American regions. The partnership allowed both companies to […]
