Suppliers

VW, Audi, BMW recall 1.7 million U.S. cars with Takata airbags

8:27 am U.S. ET | Feb. 10, 2016

The Volkswagen Group of America is recalling about 850,000 vehicles due to potentially faulty airbags made by Japanese supplier Takata -- the company at the center of a long-running global safety crisis. BMW added another 840,000 vehicles to the recall.... Read More »

Self-driving cars succumb to snow blindness as driving lanes disappear

6:41 am U.S. ET | Feb. 10, 2016

As automakers race to get robot cars on the road, they're encountering an obstacle very familiar to humans: Old Man Winter. Simple snow can render the most advanced computing power useless and leave vehicles dead on the highway.... Read More »

Tenneco adjusted earnings rise 23% in Q4, shares rise

3:14 pm U.S. ET | Feb. 9, 2016

Tenneco's fourth-quarter adjusted earnings rose 23 percent to $80 million as the the supplier of emission-control systems and ride-control components today reported higher revenue generated from light vehicle production in North America, Europe and China.... Read More »

Applied Acoustics International names industry veteran Larry Hagood as CEO

3:55 pm U.S. ET | Feb. 9, 2016

Applied Acoustics International, the sound barrier and noise dampening supplier created last week when UGN Inc. sold its automotive acoustics business, today named Larry Hagood, 56, as its CEO.... Read More »

Bob Rossiter, who helped build and rebuild seating giant Lear, dies at 69

11:28 am U.S. ET | Feb. 9, 2016

Former Lear CEO Bob Rossiter, who worked with the company for 40 years and led it through bankruptcy in 2009, died Sunday after a yearlong battle with cancer.... Read More »

Continental to build $1.4 billion tire plant in Mississippi

6:07 am U.S. ET | Feb. 9, 2016

Continental's decision to commit $1.4 billion for a truck/bus tire plant in Mississippi reflects the company's belief that demand for its commercial tire products in North America will continue to grow at above market pace.... Read More »

Conti must ration parts for recall fixes

12:01 am U.S. ET | Feb. 8, 2016

Continental is recalling five million airbag control units that affect vehicles made by companies including Volkswagen, Mazda, Mercedes-Benz, Honda and Fiat Chrysler. But the German parts-maker says its action is nothing like the Takata airbag recall that has roiled the industry.... Read More »

LUCA CIFERRI

BLOG: 'Autopia' future promoted by Google and Apple will hurt traditional carmakers

12:01 am U.S. ET | Feb. 8, 2016

Industry disrupters such as Google and Apple are better funded than their potential rivals from the automotive field. That could be bad news for traditional auto companies, an industry analyst said.... Read More »

N.A., Takata, currency sway Japanese earnings

12:01 am U.S. ET | Feb. 8, 2016

Better business in North America helped Subaru, Mazda and Mitsubishi in the October-December quarter. But spiraling costs for the recalls of Takata airbags tempered earnings, and foreign exchange rates were a double-edged sword.... Read More »

Dual-sourcing dilemma hits Japan again

12:01 am U.S. ET | Feb. 8, 2016

Toyota is suspending production at all assembly lines in Japan because of an explosion at a steel plant. The six-day shutdown raises questions as to whether Toyota learned, as it claimed after Japan's 2011 earthquake, the value of dual sourcing all components.... Read More »

Dealers pay high price with latest recall wave

11:55 am U.S. ET | Feb. 7, 2016

Honda's order that U.S. dealers stop selling some 2.2 million popular models is compounding financial and regulatory headaches for car dealers stuck with millions of vehicles that have potentially hazardous airbags or other safety defects.... Read More »

BMW's laser headlights showcase Osram's mass-market goals

Feb. 6, 2016 06:15 CET

German supplier Osram is equipping BMW 7-series sedans with laser headlight modules, marking a move to the mass-market for the technology, which is already available on BMW's i8 plug-in hybrid suprcar and Audi's R8 LMX sports car.... Read More »

Chrissy Taylor named Enterprise COO

1:45 pm U.S. ET | Feb. 5, 2016

Christine "Chrissy" Taylor has been promoted to Enterprise Holdings Inc.'s COO, the company said today.... Read More »

Toyota recycling program gives second life to parts

12:40 pm U.S. ET | Feb. 5, 2016

One automaker’s junk is becoming one of its treasures. Toyota Motor Sales, along with Boles Parts Supply, takes bumper covers and recycles them in the form of shredding.... Read More »

Mahindra mulls Pininfarina-designed premium car

Feb. 5, 2016 14:41 CET

Mahindra has begun talks with Pininfarina, the Italian design house it agreed to buy in December, to build a premium car for the Indian market.... Read More »

Takata posts quarterly profit gain as airbag recalls mount

6:54 am U.S. ET | Feb. 5, 2016

Takata reported quarterly profit rose from a year earlier, as it seeks to convince automakers including Honda to continue to support it through expanding recalls.... Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Auto sector ends 2015 on a high

Feb. 5, 2016 06:01 CET

The European auto industry ended last year with strong gains in shareholder value across the board at automakers, suppliers and retailers, according to the latest Automotive News Europe/PricewaterhouseCoopers Transaction Services Shareholder Value Indices.... Read More »

Delphi Q4 net income slides 44% in 'challenging global marketplace'

11:59 am U.S. ET | Feb. 4, 2016

Automotive electronics and technology supplier Delphi Automotive's fourth-quarter net income fell 44 percent from the year-earlier period to $192 million despite revenue and other measures that topped expectations.... Read More »

Continental recalls defective airbag control units used in 5 million vehicles

8:03 am U.S. ET | Feb. 4, 2016

Continental Automotive Systems said it supplied potentially defective airbag control units to 5 million vehicles used by Honda, Fiat Chrysler, Mercedes-Benz, and three other automakers built over a five-year period worldwide, widening an airbag safety crisis.... Read More »

Honda warns dealerships of liability as it widens airbag recall

12:15 pm U.S. ET | Feb. 3, 2016

American Honda has expanded its Takata airbag recalls by more than 2 million vehicles and warned dealers that they could face legal exposure for unrepaired vehicles if they violate a related stop-sale order for the affected cars.... Read More »

Denso lowers full-year profit forecast, expects yen to strengthen

11:22 am U.S. ET | Feb. 3, 2016

Toyota-affiliated supplier Denso today lowered its full-year net profit forecast by almost 5 percent, saying it expects the yen to strengthen slightly against the U.S. dollar.... Read More »

Takata plans to present restructuring plan to carmakers in May, report says

10:58 am U.S. ET | Feb. 3, 2016

Takata is preparing to present a restructuring plan to automakers in early May that will include an agreement on the sharing of recall costs, people familiar with the matter told Bloomberg.... Read More »

Key Safety Systems to be acquired by Chinese conglomerate in $920 million deal

12:22 pm U.S. ET | Feb. 2, 2016

Airbag and seat belt supplier Key Safety Systems Inc. has agreed to be acquired by Chinese auto conglomerate Ningbo Joyson Electronic Corp. in a $920 million deal.... Read More »

Toyota recalls 320,000 vehicles for side airbag issue

5:30 pm U.S. ET | Feb. 2, 2016

Toyota today said it is recalling about 320,000 vehicles from the 2003-06 model years for an airbag-related defect. The recall affects the 2003-06 Toyota Land Cruiser, 2004-06 4Runner, 2005-06 Tundra, 2005-06 Sequoia, 2003-06 Lexus LX 470 and 2004-06 Lexus GX 470.... Read More »

Dow CEO Liveris agrees to exit after DuPont merger

3:49 pm U.S. ET | Feb. 2, 2016

Dow Chemical CEO Andrew Liveris will leave the company after the completion of its merger with DuPont Co., marking a victory for activist investor Dan Loeb, who had called for his removal.... Read More »

 
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