Suppliers

Nissan inspired by high-end fashion

12:01 am U.S. ET | Aug. 2, 2015

Nissan wanted some European fashion to move its American-made Maxima sedan further upscale for 2016. It turned to Alcantara, the Italian producer of material used in high-end apparel and automotive seating, to give the Maxima SR sport package the look of some exotic European sport coupes.... Read More »

REUTERS SPECIAL REPORT

Subaru's low-paid foreign workers power an export boom

12:01 am U.S. ET | Aug. 1, 2015

At the heart of Subaru's ongoing U.S. sales boom has been the Forester SUV, which has carved out a following with American drivers for its performance, price and aura of social responsibility. What Subaru does not tout is that its boom is made possible in part by asylum seekers and other cheap foreign laborers from Asia and Africa.... Read More »

Pacific trade talks end without deal; vehicle tariffs, rules remain a hurdle

3:49 am U.S. ET | Aug. 1, 2015

High-level negotiations in Hawaii on a trade agreement in the Pacific Rim wrapped up without a final deal as disagreements over vehicle tariffs and other rules trumped progress in other areas. The dialogue may resume within weeks.... Read More »

GM powertrain plan calls for advancing on many fronts

12:01 am U.S. ET | Aug. 1, 2015

When you ask Dan Nicholson about a certain powertrain or technology, he doesn't tell you why it can't be done. Chances are, he'll tell you where it fits in General Motors' ambitious global powertrain portfolio. Nicholson, 51, who took over as GM's vice president of global powertrain late last year.... Read More »

Honda quarterly profit rises 20% as U.S. sales, weak yen offset quality costs

4:49 am U.S. ET | July 31, 2015

Honda's quarterly profit jumped 20 percent as strong sales in the U.S. and a weak yen helped to absorb the impact of higher quality-related costs linked to a recall of cars equipped with Takata airbags.... Read More »

German carmakers near $3 billion deal for Nokia's maps, report says

3:52 pm U.S. ET | July 31, 2015

A group of German luxury-car makers including BMW are close to sealing the purchase of Nokia Oyj's digital-maps business for about 2.7 billion euros ($3 billion), people familiar with the matter told Bloomberg.... Read More »

REUTERS ANALYSIS

BMW, Apple could rekindle courtship with an eye on car collaboration

3:20 pm U.S. ET | July 31, 2015

BMW and Apple may rekindle a courtship put on hold after an exploratory visit by executives of the world's top maker of electronic gadgets to the headquarters of the word's biggest seller of premium cars.... Read More »

Supplier to the Mercedes-Benz GLE Coupe

3:58 pm U.S. ET | July 31, 2015

The 2016 Mercedes-Benz GLE Coupe is the first generation of the premium midsize CUV. It is assembled in Vance, Ala., on Mercedes’s W164/V251/W166 platform. The program code is : C292. Suppliers include BorgWarner, Federal-Mogul and Inteva. The supplier data are compiled by SupplierBusiness.... Read More »

American Axle Q2 net grows 12%

10:50 am U.S. ET | July 31, 2015

American Axle & Manufacturing Holdings said today its second-quarter net income increased 12 percent from the year-earlier period to $58.6 million.... Read More »

Denso lifts profit forecast on weaker yen

9:09 am U.S. ET | July 31, 2015

Toyota-affiliated supplier Denso lifted its profit forecast for the first half of its fiscal year, citing bigger-than-expected currency gains from a weaker yen and higher overseas production of auto parts.... Read More »

Pininfarina hopes to agree sale to Mahindra but drafts stand-alone business plan

July 31, 2015 11:29 CET

Pininfarina is still hoping to clinch a sale to Indian automaker Mahindra and Mahindra but has begun drafting a stand-alone business plan as its financial position worsens.... Read More »

Toyota holds Apple, Google at bay with Telenav navigation deal

4:34 pm U.S. ET | July 30, 2015

Toyota will turn to a little-known company instead of Apple or Google to provide navigation and phone connectivity, as it seeks to maintain control of the car features. Toyota has been the biggest holdout among automakers as Apple and Google turn dashboards into screens that closely mirror their smartphones.... Read More »

Chassix gets new board, $300M in financing

3:14 pm U.S. ET | July 30, 2015

Chassix Holdings, following its successful emergence from Chapter 11 bankruptcy proceedings, has secured $300 million of exit financing and named a new board of directors.... Read More »

BorgWarner Q2 earnings fall 21%

10:29 am U.S. ET | July 30, 2015

Auto supplier BorgWarner said its second-quarter earnings and revenue were hurt by the stronger U.S. dollar and lower-than-expected sales in China and other parts of the world.... Read More »

Delphi will buy UK cabling company to boost connectivity business

July 30, 2015 11:29 CET

Delphi will buy the UK cabling company HellermannTyton Group to capitalize on growing demand for cars that connect to the Internet, mobile phones and other devices.... Read More »

VW rolls out crash avoidance with '16 lineup

6:00 pm U.S. ET | July 29, 2015

Volkswagen, catching up to its luxury siblings, will offer sensor-based safety features across nearly its entire U.S. lineup for model year 2016.... Read More »

Chinese supplier YFS to build plant in Detroit

3:08 pm U.S. ET | July 28, 2015

Chinese auto supplier YFS Automotive Systems said it plans to construct a 150,000-square-foot plant on 30 acres of vacant industrial property in Detroit.... Read More »

Pininfarina, Mahindra will resume sale talks in September, report says

July 28, 2015 16:43 CET

Talks on the sale of indebted car designer Pininfarina to India's Mahindra will resume after the summer after the parties failed to strike a deal in July, sources told Reuters.... Read More »

VW's MAN truck unit expects profit drop on restructuring costs

July 28, 2015 11:27 CET

Volkswagen Group's MAN truck unit expects costs to reorganize its European truck and bus unit will significantly lower operating profit this year, as a recession in Brazil also hits sales.... Read More »

J FERRON

Thinking outside the customers' box

12:01 am U.S. ET | July 27, 2015

Innovation drives the automotive industry. But what drives innovation? I get that question all the time in the Automotive News PACE Awards Program, now in its 22nd year, where independent judges study companies that commercialize innovative products and processes. How companies innovate is only the starting point. More important is understanding why they risk capital and resources.... Read More »

Valeo raises profit forecast, shrugs off China slowdown

July 27, 2015 10:54 CET

Valeo raised its profit outlook today, playing down the impact of a Chinese market slowdown after a record first-half order intake boosted by demand for driving-assistance and fuel-saving technologies.... Read More »

NEWS ANALYSIS

Chasing profits, JCI jumps out of seats

12:01 am U.S. ET | July 27, 2015

Johnson Controls' spinoff of its $22 billion seats-and-interiors unit, announced last week, underlines an uncomfortable truth for suppliers: Sometimes it's not enough to be No. 1. Seats don't generate the profits that they once did, and that's due to a new trend in purchasing.... Read More »

Driverless driving induces a range of anxiety on road

12:01 am U.S. ET | July 27, 2015

When Delphi engineers undertook a nine-day, 3,400-mile journey from San Francisco to New York in a driverless research vehicle in March, they got some interesting reactions from other motorists.... Read More »

SHAREHOLDER VALUE REPORT

Retailers, suppliers pace 2nd-quarter shareholder returns

12:01 am U.S. ET | July 27, 2015

Shareholder returns among global automakers in the second quarter drooped in a down global economy, but U.S. publicly owned retailers and global suppliers handily outperformed most indexes.... Read More »

BRADFORD WERNLE

Autonomous vehicle explosion brings challenges

12:01 am U.S. ET | July 27, 2015

Conundrum is defined by Webster's New World College Dictionary as a puzzling question or problem. The exploding autonomous vehicle phenomenon is presenting the automobile industry with a thicket of conundrums.... Read More »

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