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Chassix finds support for Chapter 11 exit plan

3:29 pm U.S. ET | July 6, 2015
Debt-laden auto supplier Chassix Holdings Inc. entered its bankruptcy court confirmation hearing late last week with nearly unanimous creditor support for its Chapter 11 exit plan.

Germany issues fines to 5 suppliers for price fixing

12:01 am U.S. ET | July 6, 2015
The Federal German Cartel Office has fined five automotive acoustic parts suppliers a total of 75 million euros ($83.1 million) for their roles in price fixing.

Germany's Getrag getting interest from Magna, Dana, China, report says

3:36 pm U.S. ET | June 30, 2015
Getrag, one of the biggest independent makers of transmissions, has attracted interest from automotive suppliers including Canada's Magna...

Bain Capital completes buyout of TI Automotive

4:15 pm U.S. ET | June 30, 2015
TI Automotive said its sale to private equity firm Bain Capital LLC has been completed. Terms of the sale were not disclosed in a statement today.

Mexican supplier Nemak to launch $750 million IPO

11:38 am U.S. ET | June 30, 2015
Nemak SAB's expected $750 million initial public stock offering today marks the first stock offering of a Mexican auto supplier since at least 2000.

Bosch positions for electrification growth

12:01 am U.S. ET | June 29, 2015
German supplier Robert Bosch and Japanese battery partner GS Yuasa are “on a good path” toward developing a lithium ion battery that...

Gestamp along for VW's expansion ride in N. America

12:01 am U.S. ET | June 29, 2015
Gestamp Automocion announced plans last week to expand its stamping plant in Chattanooga to produce body panels, hot-stamped steel parts and chassis...

ZF to invest $71M in Mich. tech center

3:54 pm U.S. ET | June 24, 2015
German auto supplier ZF Friedrichshafen AG plans to spend more than $71 million and add 571 jobs by expanding its technical center in suburban...

Visteon affirms software shift

12:01 am U.S. ET | June 22, 2015
Now that Sachin Lawande has been named CEO of Visteon Corp., effective next week, his to-do list can be boiled down to one word: software.

Steelmaker ArcelorMittal shifts strategy in response to Ford's use of aluminum

7:08 am U.S. ET | June 17, 2015
When Ford confirmed last year it would build its most popular pickup using aluminum, the automaker's steel supplier was caught flat-footed.

Why the seat king wants out of the seat business

12:01 am U.S. ET | June 15, 2015
Johnson Controls is the world's biggest producer of complete seats.

Beijing angered by U.S. duties on Chinese tires

7:26 am U.S. ET | June 15, 2015
China's Commerce Ministry today blasted the U.S.

EDITORIAL

JCI mulls future, raises questions for the industry

12:01 am U.S. ET | June 15, 2015
Johnson Controls, the world's No. 1 supplier of automotive seats, says it may sell its seating unit.

Automotive electronics vet to lead Visteon

12:01 am U.S. ET | June 15, 2015
As Visteon Corp. transforms into strictly a supplier of automotive electronics, it will be led by a veteran in that field.

U.S. slaps duties on Chinese tires for cars, light trucks

5:33 pm U.S. ET | June 12, 2015
The United States on Friday imposed duties on certain car and light truck tires imported from China after finding they were being dumped at...

Johnson Controls to explore spinoff of its auto business

8:13 am U.S. ET | June 10, 2015
Johnson Controls said it is "exploring strategic options" for its automotive business -- the first step in the possible sale or spinoff of its...

Magna, Durr plan new operations in Michigan

3:14 pm U.S. ET | June 10, 2015
A Magna International subsidiary and Durr Systems both have been approved for Michigan state incentives for new operations planned in suburban...

Visteon completes $3.6B sale of climate JV

4:50 pm U.S. ET | June 9, 2015
Visteon completed a $3.

Takata will give quality chief more authority with board role

4:45 am U.S. ET | June 5, 2015
Takata, the troubled Japanese supplier behind the massive global airbag recall crisis, will give the executive in charge of quality assurance,...

Goodyear, Sumitomo to dissolve global tire alliance

12:07 pm U.S. ET | June 4, 2015
Goodyear and Sumitomo Rubber Industries have agreed to dissolve their 16-year-old global tire alliance, with Goodyear to pay SRI $271 million...

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