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News Releases

November 01, 2017

Gentherm Announces Acquisition of Etratech; Provides Platform for Continued Growth and Diversification of Product Portfolio

NORTHVILLE, Mich., Nov. 1, 2017 /PRNewswire/ -- Gentherm (NASDAQ-GS:THRM), the global market leader and developer of innovative thermal management technologies, announced today it has acquired Etratech Enterprises, Inc. for approximately US$64 million in an all cash transaction.  Etratech, based in Burlington, Canada, specializes in the design, development, and manufacturing of advanced electronic controls and control systems for the Automotive, RV and Marine, Security, Medical and other industries. Etratech's capabilities help OEM customers rapidly innovate and bring new technologies to market.

 

October 26, 2017

Gentherm Reports 2017 Third Quarter Results Soft Quarter in Revenue and Margins but Fourth Quarter Appears Stronger

NORTHVILLE, Mich., Oct. 26, 2017 /PRNewswire/ -- Gentherm (NASDAQ-GS:THRM), the global market leader and developer of innovative thermal management technologies, today announced its financial results for the third quarter ended September 30, 2017.

 

October 19, 2017

Gentherm Announces Date For 2017 Third Quarter Results News Release And Conference Call

NORTHVILLE, Mich., Oct. 19, 2017 /PRNewswire/ -- Gentherm (NASDAQ-GS: THRM), the global market leader and a developer of innovative thermal management technologies, will report its financial results for the third quarter ended September 30, 2017, at 6:00 a.m. (ET) on Thursday, October 26, 2017, and will host a conference call to discuss those results at 8:00 a.m. (ET) that same day.

 

October 03, 2017

Gentherm Selects Phillip Eyler as New President and CEO Veteran Executive Brings Extensive Technology and Leadership Experience

NORTHVILLE, Mich., Oct. 3, 2017 /PRNewswire/ -- Gentherm Incorporated (NASDAQ-GS: THRM), the global market leader and a developer of innovative thermal management technologies, announced today that its Board of Directors has selected Phillip Eyler as the organization's next President and Chief Executive Officer.  Mr. Eyler will also join the Gentherm Board of Directors

 

 September 13, 2017

Gentherm Participating at IAA Frankfurt: Technology To The Next Degree™ Showcasing New Products and Innovations in Thermal Solutions

NORTHVILLE, Mich., Sept. 13, 2017 /PRNewswire/ -- Gentherm Incorporated (NASDAQ-GS: THRM), the global market leader and a developer of innovative thermal management technologies, announced today its participation in IAA Cars 2017, at the 67th International Motor Show in Frankfurt, Germany September 14-24. Gentherm's innovative technology will be displayed in Hall 6, Booth B26.

 

August 08, 2017

Gentherm Announces Climate Controlled Seat (CCS) Contract Award First CCS Contract Awarded by Mercedes-Benz Cars

NORTHVILLE, Mich., Aug. 8, 2017 /PRNewswire/ -- Gentherm (NASDAQ-GS:THRM), the global market leader and developer of innovative thermal management technologies, announced today that it has been selected for a next generation Mercedes-Benz car line in the upper or luxury segment. This award represents Gentherm's first advanced seat comfort system program with a major premium luxury German brand. First shipments are scheduled to begin in early 2020.

 

 July 27, 2017

Gentherm Reports 2017 Second Quarter Results All Business Units Contributed to Growth while Investments in New Products Continue>

NORTHVILLE, Mich., July 27, 2017 /PRNewswire/ -- Gentherm (NASDAQ-GS:THRM), the global market leader and developer of innovative thermal management technologies, today announced its financial results for the second quarter ended June 30, 2017.

 

July 20, 2017

Gentherm Announces Date For 2017 Second Quarter Results News Release And Conference Call

NORTHVILLE, Mich., July 20, 2017 /PRNewswire/ -- Gentherm (NASDAQ-GS: THRM), the global market leader and a developer of innovative thermal management technologies, will report its financial results for the second quarter ended June 30, 2017, at 6:00 a.m. (ET) on Thursday, July 27, 2017, and will host a conference call to discuss those results at 8:00 a.m. (ET) that same day.

 

June 28, 2017

Gentherm President And CEO Announces Retirement Plans

NORTHVILLE, Mich., June 28, 2017 /PRNewswire/ -- Gentherm (NASDAQ-GS:THRM), the global market leader and developer of innovative thermal management technologies, today announced that Daniel R. Coker, President, CEO, will retire and begin a planned leadership transition over the next several months.  Mr. Coker has agreed to continue serving in his current position until the appointment of his successor.  The company's Board of Directors is presently engaged in a comprehensive search process to select a successor.  Both internal and external candidates are under consideration.

 

April 27 2017

Gentherm Reports Record Quarterly Revenues and 2017 First Quarter Results All Business Units Contributed to Growth and Improved Profitability

NORTHVILLE, Mich., April 27, 2017 /PRNewswire/ -- Gentherm (NASDAQ-GS:THRM), the global market leader and developer of innovative thermal management technologies, today announced its financial results for the first quarter ended March 31, 2017.