Commercial Vehicle Group

Eaton names Mike Yelton president, Americas Region, Electrical Sector, and Pete Denk, president, Vehicle Group, Industrial Sector

Retrieved on: 
Wednesday, January 11, 2023

Intelligent power management company Eaton (NYSE:ETN) today announced that Mike Yelton will succeed Brian Brickhouse as president, Americas Region, Electrical Sector, and Pete Denk will succeed Joao Faria as president, Vehicle Group, effective April 1, 2023.

Key Points: 
  • Intelligent power management company Eaton (NYSE:ETN) today announced that Mike Yelton will succeed Brian Brickhouse as president, Americas Region, Electrical Sector, and Pete Denk will succeed Joao Faria as president, Vehicle Group, effective April 1, 2023.
  • Yelton will report to Heath Monesmith, president and chief operating officer, Electrical Sector.
  • Denk will report to Paulo Ruiz, president and chief operating officer, Industrial Sector.
  • “With more than 35 years of service each, they’ve both been instrumental in making Eaton the company it is today.

Harold Bevis Joins the Committee for Economic Development (CED) as Trustee

Retrieved on: 
Friday, January 6, 2023

NEW ALBANY, Ohio, Jan. 06, 2023 (GLOBE NEWSWIRE) -- Harold Bevis, President and Chief Executive Officer of CVG, has joined the Committee for Economic Development as a Trustee.

Key Points: 
  • NEW ALBANY, Ohio, Jan. 06, 2023 (GLOBE NEWSWIRE) -- Harold Bevis, President and Chief Executive Officer of CVG, has joined the Committee for Economic Development as a Trustee.
  • Mr. Bevis will serve on the Trade and Economic Globalization Committee as well as the Technology and Innovation Committee.
  • The Committee for Economic Development is the public policy center of The Conference Board.
  • Harold Bevis is the President and Chief Executive Officer of Commercial Vehicle Group (NASDAQ:CVGI).

Eaton continues to expand line of Detroit Truetrac® and ELocker® aftermarket differentials for popular off-road makes and models

Retrieved on: 
Wednesday, November 2, 2022

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20221102005125/en/
    Eatons Detroit Truetrac differential automatically limits slip based on road conditions, providing improved handling, enhanced off-road performance, and increased stability while towing.
  • The Detroit Truetrac differential operates as a standard differential under normal driving conditions, allowing for unobtrusive operation.
  • The Eaton ELocker differential is an electronic locking differential designed for drivers that want full control and traction on demand.
  • Eaton is an intelligent power management company dedicated to improving the quality of life and protecting the environment for people everywhere.

Eaton to highlight sustainable commercial vehicle technologies at IAA Transportation show

Retrieved on: 
Tuesday, September 6, 2022

Power management company Eaton will display its Vehicle Group's innovative portfolio of internal combustion solutions for commercial vehicles Sept. 20-25 at the IAA Transportation show in Hannover, Germany.

Key Points: 
  • Power management company Eaton will display its Vehicle Group's innovative portfolio of internal combustion solutions for commercial vehicles Sept. 20-25 at the IAA Transportation show in Hannover, Germany.
  • View the full release here: https://www.businesswire.com/news/home/20220906005013/en/
    Eatons Vehicle Group offers a portfolio of technologies that reduce emissions and improve fuel economy in commercial vehicles today and well into the future.
  • Eaton is developing new valve technologies for future commercial vehicles, including those with hydrogen internal combustion engines (ICE).
  • Eaton has a current portfolio of supercapacitors for use in commercial vehicle applications, including 48V commercial vehicle systems.

Amrita Patel to lead Wells Fargo Equipment Finance

Retrieved on: 
Tuesday, August 2, 2022

Wells Fargo & Company (NYSE: WFC) announced Amrita Patel will lead Wells Fargo Equipment Finance (WFEF), which offers specialized financing for purchase, acquisition or leasing of assets pertaining to equipment, transportation and rental fleets, as well as comprehensive vendor and dealer programs.

Key Points: 
  • Wells Fargo & Company (NYSE: WFC) announced Amrita Patel will lead Wells Fargo Equipment Finance (WFEF), which offers specialized financing for purchase, acquisition or leasing of assets pertaining to equipment, transportation and rental fleets, as well as comprehensive vendor and dealer programs.
  • Patel will report to Mary Katherine DuBose, head of the banks secured lending and leasing businesses within Wells Fargo Commercial Banking.
  • View the full release here: https://www.businesswire.com/news/home/20220802005336/en/
    Amrita Patel, Head of Wells Fargo Equipment Finance (Photo: Wells Fargo)
    Bill Mayer, who led WFEF since 2015, has announced his retirement after 34 years in financial services.
  • Prior, Patel was national sales manager for the Commercial Vehicle Group, a division within Equipment Finance.

Commercial Vehicle Group Appoints Daniel Mehringer as Senior Vice President of Strategic Planning and Business Development

Retrieved on: 
Wednesday, May 4, 2022

NEW ALBANY, Ohio, May 04, 2022 (GLOBE NEWSWIRE) -- Commercial Vehicle Group (CVG) announced this week that Daniel (Dan) Mehringer has been appointed Senior Vice President of Strategic Planning and Business Development.

Key Points: 
  • NEW ALBANY, Ohio, May 04, 2022 (GLOBE NEWSWIRE) -- Commercial Vehicle Group (CVG) announced this week that Daniel (Dan) Mehringer has been appointed Senior Vice President of Strategic Planning and Business Development.
  • As part of his responsibilities in this new role, Mehringer will be instrumental in leading new value-creation by overseeing the acceleration of CVG's strategic initiatives, mergers and acquisitions, and marketing initiatives.
  • "Dan has a proven record of strategically growing highly regarded companies across the global marketplace, especially within the EV space," said CVG President and CEO Harold Bevis.
  • He is going to lead CVG to the next level of strategic endeavors - it's going to be hard work and tremendous fun."

Eaton’s Vehicle Group Facilities Reducing Environmental Impact With New Technologies and Systems

Retrieved on: 
Thursday, April 21, 2022

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20220421005050/en/
    Eatons Vehicle Group is using a mobile centrifuge method to remove swarf generated during metal-cutting processes.
  • (Photo: Business Wire)
    We are extremely proud of how weve come together to upgrade our manufacturing facilities, leveraging technology to improve energy efficiency, minimize environmental impact and bring us closer to a carbon-free future, said Sunil Bhandari, vice president, Global Operations, Eatons Vehicle Group.
  • To reduce waste, the Vehicle Group is focused on four primary areas: reuse, recycle, waste to energy and waste to landfill.
  • To reduce water consumption and mitigate pollutants, the Vehicle Group is installing wastewater systems featuring ultrafiltration and reverse osmosis technologies at several of its facilities.

Eaton’s Vehicle Group Named a General Motors 2021 Supplier of the Year

Retrieved on: 
Thursday, April 14, 2022

Power management company Eaton today announced that General Motors (GM) recently recognized Eatons Vehicle Group as a 2021 Supplier of the Year.

Key Points: 
  • Power management company Eaton today announced that General Motors (GM) recently recognized Eatons Vehicle Group as a 2021 Supplier of the Year.
  • View the full release here: https://www.businesswire.com/news/home/20220414005190/en/
    Eatons Mark Kramer, business unit director, ePowertrain, Vehicle Group, left, and Kevin Heintz, vice president, Sales and Commercial Team, Vehicle Group, right, receive a 2021 Supplier of the Year award from Tom McMillen, executive director, Global Purchasing, General Motors.
  • This award represents our continued focus and commitment to General Motors, a valued customer for more than 60 years, said Pete Denk, president, Eatons Vehicle Group, North America.
  • General Motors (NYSE:GM) is a global company focused on advancing an all-electric future that is inclusive and accessible to all.

Eaton Celebrates 50 Years of MLocker® Differential Production

Retrieved on: 
Wednesday, March 23, 2022

Power management company Eaton today announced its Vehicle Group is celebrating 50 years of MLocker differential production.

Key Points: 
  • Power management company Eaton today announced its Vehicle Group is celebrating 50 years of MLocker differential production.
  • View the full release here: https://www.businesswire.com/news/home/20220323005209/en/
    Eatons Vehicle Group is celebrating 50 years of MLocker differential production.
  • During normal driving conditions, the MLocker differential functions as a light-bias, limited-slip differential.
  • The MLocker differential has undergone modifications over its long production run, but the foundational design and concept have remained constant.

Eaton’s Vehicle Group Introduces New ePowertrain Business Unit as an Integrated Powertrain Solution for Electrified Vehicles

Retrieved on: 
Tuesday, February 22, 2022

Power management company Eaton today announced its Vehicle Group has formed a new ePowertrain business unit, which will focus on products from Eatons electrified vehicle (EV) transmission, reduction gearing and differential portfolios.

Key Points: 
  • Power management company Eaton today announced its Vehicle Group has formed a new ePowertrain business unit, which will focus on products from Eatons electrified vehicle (EV) transmission, reduction gearing and differential portfolios.
  • Combining the product lines into a new ePowertrain business unit creates synergy among Eatons powertrain and EV experts and allows the Vehicle Group to offer its global customers solutions for commercial and light-duty EVs.
  • Eatons line of multispeed EV transmissions improve range, performance
    Eatons portfolio of multispeed transmissions includes 2-, 4- and 6-speed electrified commercial vehicle transmissions.
  • Our new ePowertrain business unit can provide our customers with an optimized, integrated EV powertrain, which will help simplify their engineering development process, Cronin said.