As the auto industry grapples with an ageing vehicle fleet, rising technology adoption, and a rapidly growing independent aftermarket, the US-headquartered PHINIA, a global premium solutions and components provider, believes its strategy is to stay relevant across both traditional and future propulsion systems, rather than betting on just one. The $3.6 billion company with a […]
PHINIA, a diversified, industrial supplier and global leader in the development of fuel systems, electrical systems, and aftermarket solutions, will showcase its latest technologies supporting lower-carbon commercial vehicle transportation at IAA Transportation 2026, taking place in Hannover, Germany, between September 15–20, 2026. With approximately 85% of its annual research and development investment focused on improving […]
PHINIA Inc., a global leader in premium fuel systems, electrical systems, and aftermarket solutions, has announced the successful completion of its acquisition of Swedish Electromagnet Invest AB (publ). SEM is a century-old specialist in advanced ignition systems for natural gas, hydrogen, and other alternative fuels, as well as in injector stators and linear position sensors […]