Suppliers
 
LETTER TO THE EDITOR

A lot to learn from past acquisitions

12:01 am U.S. ET | Sept. 1, 2014
Your stories in recent weeks about the possibility of large acquisitions in the supplier community bring to mind the quote "Those who cannot remember the past are condemned...... Read More »

Suppliers unveil the future at world car-tech conference

9:00 am U.S. ET | Aug. 30, 2014
The upcoming ITS World Congress 2014 in Detroit will highlight the global transportation industry's future of connectivity, safety and automation. The Sept.... Read More »

Hong Kong firm acquires majority stake in supplier Key Safety Systems

12:46 pm U.S. ET | Aug. 29, 2014
Hong Kong private equity firm FountainVest Partners completed a deal to become the majority shareholder in automotive safety products supplier Key...... Read More »

Global price-fixing crackdown threatens supply chain's 'business model'

3:58 pm U.S. ET | Aug. 28, 2014
As antitrust regulators, most recently in China, go after auto suppliers in what has become a worldwide probe into price fixing, a longtime "business...... Read More »

Transmission parts supplier to invest $42 million in Mich. plant

3:21 pm U.S. ET | Aug. 28, 2014
Transform Automotive is expanding in Michigan after landing a new contract to build transmissions parts.... Read More »

Lear agrees to buy leather supplier Eagle Ottawa in $850 million deal

4:54 pm U.S. ET | Aug. 27, 2014
Lear agreed to buy automotive leather supplier Eagle Ottawa in a deal valued at $850 million that aims to strengthen the company's global seating...... Read More »

Magna ready to loosen purse strings

12:01 am U.S. ET | Aug. 25, 2014
Magna International Inc., the largest auto supplier in North America, will consider major acquisitions.... Read More »

NGK to plead guilty in price-fix probe

12:01 am U.S. ET | Aug. 25, 2014
NGK Spark Plug Co. agreed to plead guilty and pay a $52.... Read More »

Supplier Metaldyne Performance files for stock offering

8:16 am U.S. ET | Aug. 23, 2014
Metaldyne Performance Group, a holding company for three auto suppliers merged earlier this month by private equity firm American Securities LLC,...... Read More »

Canadian JCI workers reach tentative pact

4:37 pm U.S. ET | Aug. 22, 2014
Canadian union workers at an interiors plant that supplies General Motors' Oshawa assembly complex have reached a tentative contract agreement that...... Read More »

Denso fined $2.2 million in Canada for violation of competition law

6:47 am U.S. ET | Aug. 21, 2014
Japanese supplier Denso said today it has been fined more than $2 million by a court in Canada for violation of that country's competition law in...... Read More »

Novelis: Aluminum sales to automakers will nearly triple on new emissions, mpg rules

8:49 am U.S. ET | Aug. 21, 2014
Novelis, the world's biggest supplier of aluminum sheeting to carmakers, expects sales to customers including Audi and Ford to rise almost three-fold...... Read More »

Lear to buy leather supplier Eagle Ottawa for $800 million, reports say

5:46 pm U.S. ET | Aug. 19, 2014
Lear is finalizing a deal to acquire automotive seat leather supplier Eagle Ottawa, media reports said, citing sources close to the deal.... Read More »

Japan's NGK pleads guilty, to pay $52.1 million U.S. fine for price fixing

5:10 pm U.S. ET | Aug. 19, 2014
Japanese supplier NGK Spark Plug agreed to plead guilty and pay a $52 million criminal fine over its role in a conspiracy to fix prices and rig bids...... Read More »

Magna CEO in a shopping mood in post-Stronach era

6:54 am U.S. ET | Aug. 19, 2014
Magna International, the largest auto supplier in North America, will consider purchases of as much as $4 billion as it distances itself from...... Read More »

A123 hires former JCI executive as chief technology officer

7:49 am U.S. ET | Aug. 19, 2014
A123 Systems hired former Johnson Controls executive Patrick Hurley as its new chief technology officer.... Read More »

2 Japanese suppliers fined in China's antitrust crackdown

6:23 am U.S. ET | Aug. 19, 2014
China's antitrust regulator fined Japanese bearing makers NSK Ltd. and NTN Corp. a combined 4.... Read More »

Aisin's North American growth drives more investment, new HQ

10:51 am U.S. ET | Aug. 19, 2014
Aisin opened a new North American headquarters in suburban Detroit in July as part of the foreign subsidiary's ongoing growth stateside.... Read More »

Chrysler purchasing chief faces tall order

12:01 am U.S. ET | Aug. 18, 2014
So much for Tom Finelli's honeymoon phase as Chrysler Group's new purchasing chief for North America.... Read More »

Toyota makes stronger showing in J.D. Power seat quality study

2:25 pm U.S. ET | Aug. 18, 2014
Toyota made sizable gains in a JD Power seat quality study, with six of the 21 vehicles recognized for superior seating, two more than last year.... Read More »

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