Latest Automotive Components Sector News

PWR Holdings has announced significant board changes following its AGM, with founder Kees Weel stepping down as Managing Director to become Chairman, alongside new appointments to key governance roles.

Amotiv Limited reported a modest 1% revenue increase for FY25 alongside a significant $190 million impairment, maintaining shareholder returns with a stable dividend. The company signals cautious optimism for FY26 despite ongoing market headwinds.

PWR Holdings announces founder and Managing Director Kees Weel’s phased return from medical leave and planned transition to Non-Executive Chairman after the October AGM, as the company embarks on a global CEO search.