Earlier this year, Time magazine and Statista recognised the top 500 most sustainable companies in the world, 2024. Shortly afterwards, we reported how Pirelli, Continental and Hankook were rated as the top three tyremakers in the list. However, four automotive suppliers could also be found in the ranking, of which Continental AG came out 2nd.
On 5 August, Knorr-Bremse announced the sale of its subsidiary, GT Emissions Systems, to Rcapital Partners, a UK-based private equity fund. GT Emissions Systems, located in Peterlee, County Durham, is a leading supplier of emission control systems for diesel engines used in both on-highway commercial vehicles and off-highway vehicles. The transaction is anticipated to close in the fourth quarter of this year.
Braking systems manufacturer Knorr-Bremse has announced that Dr Lorenz Zwingmann, 52, executive board member responsible for finance, IT, controlling and processes, is to leave the company on 31 December 2017. The company adds that he leaves on the very best of terms, opting not renew his contract in order to take up a new professional challenge in his North German homeland. Dr Zwingmann intends to meet his contractual obligations until the termination date, while the supervisory board, noting its regret at his decision, said it would make a decision on a successor as rapidly as possible.
The world’s leading manufacturer of braking systems for commercial vehicles, Knorr-Bremse, has partnered UK -ased telematics provider Microlise in a move that will see a range of transport management products launched across Europe.
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