Manufacturing

ANE's February e-magazine goes live Monday

Jan. 30, 2015 06:01 CET
The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, Feb. 2. This month's edition looks at Europe's big 2014 sales winners and explains why 2015 is off to a positive start.... Read More »

 

THE TAKATA RECALL CRISIS

New crash death may be linked to Takata airbag

6:21 pm U.S. ET | Jan. 29, 2015
American Honda has alerted federal safety regulators to another fatal crash involving the possible rupture of an airbag inflator made by Takata, the embattled supplier whose airbags are behind the recall of some 24 million vehicles worldwide.... Read More »

 

THE TAKATA RECALL CRISIS

U.S. safety regulators seek Takata whistleblowers

2:10 pm U.S. ET | Jan. 29, 2015
Federal safety regulators want to find whistleblowers with knowledge “of possible defects or any wrongdoing” by Takata, stepping up pressure on the airbag maker whose products are linked to five deaths and dozens of injuries.... Read More »

 

Ford's 2014 profit fell 56 percent amid new-product blitz

7:00 am U.S. ET | Jan. 29, 2015
Ford posted a drop in fourth-quarter profit and said earnings fell 56 percent in 2014 as it introduced 24 vehicles worldwide while US market share declined. CFO Bob Shanks predicted "a lot of strong growth numbers from Ford in 2015."... Read More »

 

GM will suspend output at Russian plant

Jan. 29, 2015 20:01 CET
General Motors will suspend production at its plant in St. Petersburg, Russia, from mid-March until mid-May and is raising prices for its products because of the weak and volatile Russian ruble.... Read More »

 

U.S. driver death rates fall more than a third in 3 years, IIHS says

2:40 pm U.S. ET | Jan. 29, 2015
After the year of the recall, the Insurance Institute for Highway Safety shared some positive news about vehicle safety: The likelihood of driver deaths in late-model vehicles has fallen more than a third in the US in three years, IIHS said in a status report today.... Read More »

 

Toyota recalls 52,000 Avalons to fix potential wiring fire hazard

10:13 am U.S. ET | Jan. 29, 2015
Toyota Motor Sales USA said it plans to recall about 52,000 Avalon sedans from the 2011-12 model years for wiring that could cause a fire.... Read More »

 

Autoliv sees 2015 growth, better margins as Q4 beats forecast

7:25 am U.S. ET | Jan. 29, 2015
Auto safety products supplier Autoliv today said it saw slightly higher margins in 2015 as it posted fourth quarter earnings above market expectations, helped by strong sales in Europe and lower costs for raw materials.... Read More »

 

Daimler, Schaeffler hit by German strikes

Jan. 29, 2015 11:21 CET
Daimler and parts supplier Schaeffler were among the companies affected when thousands of engineering workers on the night shift across Germany walked out over a wage dispute early on Thursday. Further warning stoppages are expected today and in the coming weeks.... Read More »

 

Gentex Q4 sales gains lag forecasts; stock drops

11:53 am U.S. ET | Jan. 28, 2015
Gentex, a mirror, camera and electronic component supplier, said its fourth quarter net income rose a disappointing 2 percent while overall revenue jumped 7 percent from a year earlier. Gentex shares fell 6 percent.... Read More »

 

Over-the-air auto software updates opens market to acquisitions

2:47 pm U.S. ET | Jan. 28, 2015
Over-the-air software updates -- a no-fuss, no-muss infotainment feature popularized by Tesla Motors -- is rapidly spreading to the entire auto industry, fueling high-price acquisitions in the segment.... Read More »

 

Japanese supplier Sanden agrees to $3.2 million fine in U.S. price-fixing case

6:33 am U.S. ET | Jan. 28, 2015
Japanese supplier Sanden has agreed to pay a US fine of more than $3 million and becomes the latest company tied to a wide-ranging auto supplier price-fixing prosecution for its brief role in setting the prices of air conditioning compressors for Nissan.... Read More »

 

Ford recalls 221,000 vehicles for door handle, seat belt problems

9:57 am U.S. ET | Jan. 28, 2015
Ford said it is recalling about 221,000 cars and vans for door handle and seat belt problems. Ford said it is not aware of any crashes or injuries related to the two recalls.... Read More »

 

Nissan recalls 768,000 crossovers and SUVs for separate problems

9:40 am U.S. ET | Jan. 28, 2015
Nissan is recalling about 768,000 vehicles, including its popular Rogue crossover and Pathfinder SUV, for separate problems, the company and federal regulators said today.... Read More »

 

Auto industry drives comeback in aluminum prices

6:44 am U.S. ET | Jan. 28, 2015
At a time when other commodities are slumping, aluminum is making a comeback as automakers under pressure to build more fuel-efficient cars increase their use of the lightweight metal.... Read More »

 

Automakers' push for fuel-efficiency boosts aluminum

Jan. 28, 2015 11:02 CET
Automakers, under pressure to build more fuel-efficient cars, are driving demand for aluminum, even at a time when other commodities are slumping. Automakers including Jaguar and Ford are using the lightweight metal in a bid to shed weight and meet emissions goals.... Read More »

 

Mercedes plans to move R-class production to AM General in Indiana

10:18 am U.S. ET | Jan. 27, 2015
Mercedes-Benz plans to shift production of the R-class crossover from its Alabama plant to contract manufacturer AM General in Indiana this summer. The German automaker said it needed to free up space in its assembly operations near Tuscaloosa, Ala.... Read More »

 

TI Automotive to be acquired by Bain for $2.4 billion, report says

8:36 am U.S. ET | Jan. 27, 2015
Global fuel systems supplier TI Automotive, after months of wrangling and speculation, said today it has agreed to be acquired by private equity firm Bain Capital LLC. The deal is valued at $2.4 billion, sources told Bloomberg.... Read More »

 

EJECTING CD PLAYERS

Hyundai's new infotainment strategy: Leveraging smartphone apps

12:01 am U.S. ET | Jan. 26, 2015
Over the next few years, Hyundai plans to remove CD players from mainstream cars such as the Elantra and Sonata as it rolls out an infotainment system called Display Audio that's built around Apple's CarPlay and Google's Android Auto interfaces.... Read More »

 

Toyota to move to merit-based pay for Japan factory workers, report says

8:40 pm U.S. ET | Jan. 26, 2015
Toyota will change the way it pays factory workers, focusing on their performance rather than their seniority, the Nikkei reported on Monday.... Read More »

 

Dana sells Venezuelan unit amid exchange rate trouble

4:05 pm U.S. ET | Jan. 26, 2015
As Venezuela’s automotive industry continues to falter amid exchange rate problems, powertrain supplier Dana Holding today said that it has sold its Venezuelan unit, CA Danaven.... Read More »

 

Suppliers dream up future innovations. Will automakers bite?

12:01 am U.S. ET | Jan. 26, 2015
Suppliers try to look over the horizon and craft new features and equipment for autos.... Read More »

 

TIM LEULIETTE, CEO, VISTEON CORP.

Visteon zeros in on 1 segment: The connected car

12:01 am U.S. ET | Jan. 26, 2015
With Visteon Corp.'s announcement last month that it would sell its division that produces heating, ventilation and air conditioning systems, the supplier is concentrating on one product segment: cockpit information systems.... Read More »

 

PHIL MARTENS, CEO, NOVELIS

Game on with steel, says aluminum supplier Novelis

12:01 am U.S. ET | Jan. 26, 2015
Phil Martens, CEO of aluminum giant Novelis, knows both sides of the auto metals business.... Read More »

 

STEFAN SOMMER, CEO, ZF FRIEDRICHSHAFEN

With TRW, ZF can offer advanced driverless tech

12:01 am U.S. ET | Jan. 26, 2015
ZF Friedrichshafen AG's acquisition of TRW Automotive will make it a key player in collision avoidance and driverless cars.... Read More »

 

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