Manufacturing

Volvo plans $500 million U.S. assembly plant

12:30 am U.S. ET | March 30, 2015

Volvo will spend about $500 million to build its first assembly plant in the U.S. as part of an ambitious plan to jumpstart lagging sales. The company said it has identified potential locations for the factory but that the site selected and size of the final investment will be disclosed at a later date, without providing more details.... Read More »

Toyota's better cars get better plants

12:01 am U.S. ET | March 30, 2015

Toyota Motor Corp., which made "lean manufacturing" a global buzzword, is about to unleash a new wave of ultraefficient assembly plants. The streamlining -- which will slash capital investment costs, lead times and even the overall size of future factories -- will underpin a new generation of modularized product platforms.... Read More »

Automotive News wins Grand Neal Award for GM recall reports

12:01 am U.S. ET | March 30, 2015

Automotive News has won the Grand Neal Award for its coverage of the General Motors ignition-switch recall crisis. The Grand Neal, given by the Association of Business Information and Media Companies, marks the pinnacle of achievement in business-to-business media.... Read More »

Delphi's driverless cross-country adventure

12:01 am U.S. ET | March 30, 2015

In 1903, a 31-year-old physician named Horatio Nelson Jackson journeyed from San Francisco to New York in a Winton touring car, the first motor car to traverse the U.S.... Read More »

LETTER TO THE EDITOR

SIA was a success from the start

12:01 am U.S. ET | March 30, 2015

Lindsay Chappell's March 16 commentary encouraging Jaguar Land Rover to build a North American plant ("A JLR plant in N. America? Do it already," autonews.com) overlooks perhaps one of the most imaginative and successful variations on that theme: Subaru-Isuzu Automotive, the shared plant in Lafayette, Ind.... Read More »

LG Chem exec: Tesla's gigafactory to cut EV costs

12:01 am U.S. ET | March 30, 2015

Tesla Motors' "gigafactory," a huge battery plant under construction in Nevada, could help suppliers of lithium ion batteries for autos finally turn a profit, says Prabhakar Patil, CEO of LG Chem Power Inc.... Read More »

Nissan's on-site suppliers free to serve competitors

12:01 am U.S. ET | March 30, 2015

In hopes of wooing more Midwestern parts makers to its side in Tennessee, Nissan says it will allow them to supply other automakers from under the roof Nissan will put over their heads.... Read More »

Valeo's self-driving systems learn from military drones

12:01 am U.S. ET | March 28, 2015

Valeo plans to draw on drone software and other military technologies from partner Safran to offer self-driving vehicle platforms to carmakers by the end of the decade.The French supplier said the first applications may reach automaker customers within three years.... Read More »

Cadillac CT6 to pack 34-speaker Bose sound system

3:20 pm U.S. ET | March 27, 2015

Cadillac's new flagship sedan will come with a new sound system that will leave nothing uncovered inside the cabin.... Read More »

Tesla presses Japanese battery suppliers to innovate, take risks

12:19 pm U.S. ET | March 27, 2015

A Tesla executive courted partners in Japan for its so-called gigafactory, praising local companies for top-notch quality and technology while cautioning against slow decision-making and risk aversion.... Read More »

Valeo's self-driving systems learn from military drones

March 27, 2015 17:55 CET

Valeo plans to draw on drone software and other military technologies from partner Safran to offer self-driving vehicle platforms to carmakers by the end of the decade.The French supplier said the first applications may reach automaker customers within three years.... Read More »

PSA picks France factory over Spain for engine production expansion

March 27, 2015 09:47 CET

PSA said it has chosen a French factory over a rival Spanish plant to expand engine production. PSA will upgrade its Tremery site to produce the turbocharged version of a three-cylinder engine already manufactured there. The plant beat out PSA's factory in Vigo, Spain, for the additional 200,000 engines a year.... Read More »

PSA, Mitsubishi cuts jobs in Russia, halt output again

March 27, 2015 11:06 CET

PSA and Mitsubishi will halt production at their joint venture plant in Russia for the second time this year and cut 100 jobs.... Read More »

Pirelli CEO sees strong future with ChemChina, no talks on counterbid

March 27, 2015 12:07 CET

Pirelli has a strong future with China National Chemical Corp. and is not talking to others about a possible counterbid, CEO Marco Tronchetti Provera said. ChemChina agreed to become the majority owner of the world's fifth-largest tire maker in an $8 billion deal. The market speculated that Bridgestone could be putting together a counterbid.... Read More »

Takata sued in Canada over airbag-related vehicle recalls

6:31 am U.S. ET | March 27, 2015

Takata, the Japanese supplier whose airbags have been linked to six fatalities globally, has been sued in Canada in three separate cases, it said in a statement today.... Read More »

Pininfarina investor confirms India's Mahindra is interested in buying Italian design company

March 26, 2015 11:39 CET

Pininfarina's controlling shareholder, Pincar, confirmed that India's Mahindra & Mahindra has expressed interest in buying the Italian car designer. Mahindra is one of heavily indebted Pininfarina's most important customers.... Read More »

Denso, NGK fined by S. Korea for price-fixing

2:46 pm U.S. ET | March 26, 2015

South Korea's antitrust regulator will fine five auto parts firms, including Japan's Denso, NGK Spark Plug and their local units, a total of $3.2 million for fixing prices and rigging bids for engine parts.... Read More »

Alcoa receives committment for $259 million U.S. loan to expand aluminum output

12:01 am U.S. ET | March 26, 2015

The U.S. Department of Energy has offered a conditional commitment to lend Alcoa Inc. $259 million to expand automotive aluminum sheet production capacity at the supplier's Tennessee factory, reviving a long-dormant loan program to support the development of energy-efficient vehicles.... Read More »

Ford aims to triple exports from India with new plant

March 26, 2015 10:09 CET

Ford has invested $1 billion in a new plant in India that will help the automaker triple exports from the country. The factory will build the EcoSport subcompact SUV, which Ford exports to Europe.... Read More »

Toyota targets big savings in factory, product-development spending

12:30 am U.S. ET | March 26, 2015

Toyota outlined bold savings targets in factory investment and vehicle development, along with gains in fuel efficiency, through an aggressive restructuring being launched this year. The overhaul, part of a switch to new modularized product platforms, has been years in the making and is designed to fuel the company's expansion.... Read More »

Schaeffler's 2014 profit rises by more than half

March 26, 2015 13:09 CET

German part supplier Schaeffler said its operating profit jumped by more than 50 percent to 1.52 billion euros ($1.67 billion) in 2014 because of robust demand for cars in U.S. and China. Its operating margin climbed to 12.6 percent in 2014 from 9.0 percent in 2013.... Read More »

Delphi employees killed in France plane crash

March 25, 2015 12:26 CET

Two Spain-based Delphi employees were among the 150 victims of a plane crash in a remote part of the French Alps. The employees were traveling to a meeting in Germany.... Read More »

New generation of cheaper batteries adds power to hybrids, cut fuel use

12:01 am U.S. ET | March 25, 2015

A new generation of hybrid cars that combine electric and gas power in new ways are emerging as a low-cost alternative for automakers and consumers as batteries get cheaper and more efficient. The new microhybrid systems are coming on line just as automakers face a U.S. goal of 54.5 miles per gallon on average by 2025.... Read More »

Kia to build Forte compact and a small car at Mexico plant

9:53 pm U.S. ET | March 25, 2015

Kia Motors plans to make its Forte compact and an unidentified small car targeted at the local market at its planned factory in Mexico.... Read More »

Detroit Diesel to invest $208 million in Mich. plant upgrades, create 245 jobs

10:04 am U.S. ET | March 25, 2015

Detroit Diesel Corp. plans to upgrade its nearly 75-year-old manufacturing plant in suburban Detroit. The manufacturer of diesel engines is expected to invest $208 million to add new machinery and equipment for a new medium-duty diesel engine line, creating an anticipated 245 jobs.... Read More »

 
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