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The company also provides night driving assist systems, active safety sensors, mono-and stereo-vision cameras, airbag control units and crash sensors. [6] In October 2021, Qualcomm and SSW Partners reached an agreement to buy Veoneer for $4.5 billion. [7] As part of the deal, SSW Partners would sell Veoneer's Arriver business to Qualcomm.
Summit Racing Equipment started in 1968 [1] in Akron, Ohio and grew to over 100 employees by 1993, with their mail-order catalog driving their performance auto parts sales. [ 2 ] In 2016, Summit Racing announced it would open a warehouse and retail facility in Arlington, Texas; their fourth location after McDonough, Georgia; Sparks, Nevada and ...
In 2018 the 4 brothers handed the company off to Jeg Jr.'s son, Jeg Coughlin III. Jeg III would go on to lead the company to a buyout by Greenbriar Equity in February 2022 for $321 million. Since 2022 Jegs has seen a slow but steady decline, going from over $400 million of revenue in 2020 to about $200 million of annual revenue in 2023.
Brembo N.V. is an Italian manufacturer of automotive parts that most notably produces brakes and rims, especially for high-performance cars and motorcycles. Its operational head office is in Curno, Bergamo, Italy, while Amsterdam, Netherlands, is the company's legal seat. [2]
The two brothers formed Auto Brakes, Inc. in February 1982. In October 1983, the name of the store was changed to Brake Masters, and in May 1984, the company opened a second store. The company has been accredited with the Better Business Bureau since 1986. [1] A third store opened in March 1989, and the company decided to expand into other markets.
They had much of the black plastic painted body color and special dual exhaust system. The high performance Callaway engine with 240 bhp (180 kW) at 5,000 rpm and peak torque of 285 ft⋅lbf (386 N⋅m) at 3,500 rpm improved the 4.6 HSE acceleration 0-60 mph from 9.7 seconds to 8.6 seconds. The Callaway 4.6 HSE sold for $75,000.
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