Suppliers

UAW strike at Lear plant in Indiana ends after 1 day

12:19 pm U.S. ET | Sept. 15, 2014
The UAW's strike at a Lear Corp. seating plant that supplies Ford's assembly plant in Chicago was ended after one day.... Read More »

 

UAW deal with Lear would shed two-tier wages at Ind. plant

10:16 pm U.S. ET | Sept. 15, 2014
The agreement that ended a one-day strike at a Lear seat plant supplying Ford in Chicago would get rid of a wage structure that pays new-hires less than their veteran colleagues, a union official said.... Read More »

 

ZF to purchase TRW for $105.60 a share

Sept. 15, 2014 16:02 CET
ZF has reached a deal to buy TRW Automotive for $105.60 per share in a supply chain megadeal that has been in the works since mid-July. The transaction will create the world's second-largest auto supplier with pro forma combined revenue of about 30 billion euros ($41 billion).... Read More »

 

ZF to sell steering-venture stake to Bosch to help TRW deal

Sept. 15, 2014 09:11 CET
ZF will sell its stake in a joint venture to partner Robert Bosch. The deal paves the way for ZF to buy TRW to create the world's No. 2 automotive supplier.... Read More »

 

Industry learns to share road with tech giants

12:01 am U.S. ET | Sept. 15, 2014
Now that North America's mobile-phone market has matured, corporate behemoths such as Verizon, AT&T, Google and Apple have zeroed in on autos as the next big thing.... Read More »

 

Delphi's O'Neal to step down

12:01 am U.S. ET | Sept. 15, 2014
Rodney O'Neal, who led Delphi Automotive out of bankruptcy by slashing costs and reducing product lines to 33 from 131 during seven years as CEO, will stop down in March.... Read More »

 

Ford bites back at Apple hype: Your tech's old news

12:01 am U.S. ET | Sept. 15, 2014
During the Apple Watch two-hour webcast, Ford used its main Twitter account and the hashtag "#wegotthat2" to joke that its products already offered many of the new devices' most alluring features.... Read More »

 

Q&A

Tenneco cuts emissions with quick warm-up

12:01 am U.S. ET | Sept. 15, 2014
In Jan. 1, 2017, EPA's stricter Tier 3 emissions standards will kick in, affecting the 2018-25 model years. Tenneco Inc., a major supplier of exhaust systems and emissions equipment, is getting ready.... Read More »

 

Q&A

Grupo Antolin's goal: 'World's largest interiors supplier'

12:01 am U.S. ET | Sept. 15, 2014
Grupo Antolin -- already global No. 1 for vehicle headliners -- wants to become the world's largest supplier of automotive interiors. To get there Grupo Antolin, which estimates it is a top 10 interiors supplier now, will have to pass giants such as Magna International, Faurecia and Johnson Controls.... Read More »

 

Hertz CEO exits under pressure

12:01 am U.S. ET | Sept. 15, 2014
Hertz CEO Mark Frissora, the former Tenneco chief who has led the rental car giant since 2006, resigned under pressure last week.... Read More »

 

N.A. robot sales poised for record

12:01 am U.S. ET | Sept. 15, 2014
A bumper crop of North American vehicle launches this year has triggered what is shaping up as a record wave of robot purchases by automakers and suppliers.... Read More »

 

Raising the temperature fast

How automakers, suppliers are preparing for tougher emissions rules

12:01 am U.S. ET | Sept. 14, 2014
The EPA's stricter Tier 3 emissions standards take effect in 2017. To meet the standards in the early years, automakers will adopt well-known technology to increase engine efficiency. Then the hard work starts.... Read More »

 

ZF set to sell stake in steering venture to Bosch to smooth TRW takeover, report says

Sept. 13, 2014 06:01 CET
ZF Friedrichshafen is nearing a sale of its steering business as part of its proposed acquisition of TRW Automotive to resolve expected antitrust issues, a German newspaper reported.... Read More »

 

UNCHARTED TERRITORY

Up-to-the-minute maps will be critical for autonomous cars

12:01 am U.S. ET | Sept. 13, 2014
Autonomous vehicles will sport sophisticated sensors and radar systems to read and react to their surroundings, but their robotic drivers still will require vivid and current roadmaps to put the various inputs into context.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Auto sector faltered in Q2

Sept. 12, 2014 06:15 CET
European automakers, suppliers and retailers experienced mixed fortunes in the second quarter of 2014, as measured by the Automotive News Europe/PricewaterhouseCoopers Transaction Services Shareholder Value Indices.... Read More »

 

European chamber urges China to ease aftermarket rules

Sept. 12, 2014 14:03 CET
The European Union Chamber of Commerce in China has urged the nation's government to allow more competition for vehicle aftermarket service as it says current regulations are the "key driver" of the monopoly situation that has led to state probes within the auto industry.... Read More »

 

Hertz reaches pact with Icahn to replace 3 directors

4:44 pm U.S. ET | Sept. 11, 2014
Hertz Global Holdings reached an agreement in principle with billionaire investor Carl Icahn to appoint three directors to the board of the rental-car company in place of current members.... Read More »

 

Visteon board considers splitting company in two, reports say

11:35 am U.S. ET | Sept. 10, 2014
Visteon is exploring a plan to split into two companies, one focused on electronics and the other on climate controls, people familiar with the matter said.... Read More »

 

Hertz investors want Roger Penske on board, reports say

1:55 pm U.S. ET | Sept. 10, 2014
At least two big Hertz Global Holdings Inc. investors plan to meet this week with its new chairwoman to propose adding industry veteran Roger Penske to the board, people familiar with the plans said.... Read More »

 

Federal-Mogul agrees to buy TRW engine valve unit for $385 million

9:23 am U.S. ET | Sept. 10, 2014
Federal-Mogul said today it agreed to acquire the engine valve business from TRW Automotive Holdings for $385 million in cash. TRW's engine valve unit generated revenue of $610 million last year and employs 5,400 people in 12 countries.... Read More »

 

GreenTech electric vehicle venture anticipates U.S. production in 4th quarter

5:20 pm U.S. ET | Sept. 9, 2014
A Chinese-affiliated electric vehicle venture that has generated more curiosity than cars during the past five years anticipates launching U.S. production by the end of this year.... Read More »

 

ZF's takeover bid for TRW causes stir in supplier's German home town

Sept. 9, 2014 17:09 CET
ZF Friedrichshafen's potential $11 billion takeover of TRW Automotive surprised and unsettled workers in the supplier's home town of Friedrichshafen, Germany. ZF's bid for TRW shows the financial might of Germany's stolid privately held companies.... Read More »

 

Delphi CEO O'Neal to retire in March; CFO Clark to succeed him

10:15 am U.S. ET | Sept. 9, 2014
Delphi Automotive said CEO Rodney O'Neal will retire in March and be succeeded by CFO Kevin Clark. O'Neal, 61, will remain with Delphi as an adviser until the end of 2015, the former General Motors parts unit said in a statement today. Clark, 52, becomes COO on Oct. 1 before taking the top job March 1.... Read More »

 

Major roadblocks still exist for driverless cars, panel says

8:43 pm U.S. ET | Sept. 8, 2014
Improving sensor technology, solving legal issues and getting real-time mapping and traffic information into vehicles are three roadblocks that need to be removed before driverless cars can take to the roads, a panel of experts concluded Monday in Detroit.... Read More »

 

MV-1 wheelchair-access vehicle now available at 107 dealerships

3:42 pm U.S. ET | Sept. 8, 2014
More than 100 dealers are now prepared to offer their customers MV-1 wheelchair-accessible vehicles, manufacturer Mobility Ventures said in a statement today.... Read More »

 

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Defying Dad, by building on his legacy

Defying Dad, by building on his legacy

At Courtesy Auto Group in Illinois, second-generation dealers Ray and Rik Fregia have seen a 30 percent boost in sales this year, thanks largely to million-dollar overhauls at their three stores. Mon., September 15
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