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DRiV is investing in manufacturing facilities in Wuhan, Hubei province, and Chongqing for its braking business.
DRiV opened its Asia-Pacific headquarters in Shanghai on December 6, 2019, reflecting its commitment to China.
DRiV, a Tenneco business, signed a strategic cooperation agreement with New Carzone, a Chinese aftermarket channel and retail service company, to expand both companies' businesses in the China aftermarket. The announcement was made on June 25, 2019.
Tenneco announced that the new publicly traded aftermarket and ride performance company resulting from its separation into two independent companies will be named DRiV Incorporated. The spinoff is expected to be completed in the second half of 2019.
| Site | Largest | Latest |
|---|---|---|
| Wuhan, China | 2019-12-12 | |
| Shanghai, China | 2019-12-06 |