Suppliers
Dow Chemical ordered to pay $1.2 billion in urethane price-fixing probe
12:01 am U.S. ET | May 17, 2013
A federal judge in Kansas City, Kansas, ordered Dow Chemical to pay $1.2 billion in a price-fixing case involving chemicals used to make foam products in cars, furniture and packaging, according to court documents.... Read More » Comments [0] | Recommendations [0]
Schaeffler to end Continental accord as merger project wanes
3:46 pm U.S. ET | May 13, 2013
Schaeffler, the largest investor in tire and components supplier Continental, plans to end an agreement between the two German companies as it continues to dismantle a plan for a gradual merger.... Read More »| Related topics: | Automakers and Suppliers | Shareholder Value | Regulation and Safety | Auto Shows | Cutaways | Executives | Future Product | Vehicle Design | Management Briefing Seminars | Vehicle Technology | Manufacturing | Europe Manufacturing | Americas | Asia | Global News | China | Europe | Eastern Europe | Western Europe | New Product | PACE Awards | Talk from the Top | World Congress |
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Progress in supplier relations stalls
12:01 am U.S. ET | May 13, 2013
Automakers in North America failed to make progress in improving relations with suppliers over the past year, an annual study says.... Read More »Audi to suppliers: Come to Mexico
12:01 am U.S. ET | May 13, 2013
Audi AG brought more than 100 supplier executives to Mexico in early May, wooing them with a ride through the countryside that left their matching white Q5 crossovers splotched with mud.... Read More »Magna stock hits record high as Q1 profits improve, forecast rises
9:56 am U.S. ET | May 10, 2013
Magna International shares hit a record high today as the Canadian supplier hiked its full-year sales forecasts after posting a better-than-expected profit and a 9 percent rise in revenue in the first quarter.... Read More »NLRB likely to certify UAW to represent Flex-N-Gate workers at Texas plant
3:48 pm U.S. ET | May 10, 2013
The National Labor Relations Board likely will issue a certification today confirming the UAW as bargaining representative for hourly workers at a Flex-N-Gate Corp. plant in Arlington, Texas.... Read More »Airbag supplier Takata names first foreign president
1:25 pm U.S. ET | May 10, 2013
Japan's Takata, reeling from its role in a global airbag recall, said today it will replace its president with Swiss national Stefan Stocker, the first foreigner in the post.... Read More »Visteon reports $69 million profit for first quarter
9:00 am U.S. ET | May 9, 2013
Visteon, the restructured electronics and climate controls supplier, reported major gains in first-quarter profits and revenue on higher vehicle production in Asia and North America.... Read More »Chrysler: No minority buying, no bids
12:01 am U.S. ET | May 6, 2013
Chrysler Group is serious about spending more with minority-owned suppliers and has penalized four Tier 1s that aren't following its lead. The four lost the ability, at least temporarily, to bid on future contracts.... Read More »What's next for suppliers in a changing Europe?
12:01 am U.S. ET | May 6, 2013
Parts suppliers are being tested in the European marketplace like never before. Sales have fallen dramatically and the industry is under enormous macroeconomic pressure.... Read More »Flex-N-Gate workers at Texas plant vote to join UAW
12:01 am U.S. ET | May 6, 2013
After a contentious organizing drive, hourly workers at a Flex-N-Gate Corp. plant in Arlington, Texas, voted last week to join the UAW.... Read More »American Axle Q1 earnings fall on debt refinance, program costs
1:44 pm U.S. ET | May 3, 2013
Auto parts maker American Axle & Manufacturing said net income fell 86 percent in the first quarter, citing debt refinancing and high costs for new-vehicle launches.... Read More »All-Stars
Executives
Flex-N-Gate workers in Texas vote to join UAW
4:10 pm U.S. ET | May 2, 2013
Hourly workers at a Flex-N-Gate plant in Arlington, Texas, voted to join the UAW on Wednesday. Of the 73 employees eligible to vote, 51 voted in favor of union representation and 22 opposed, the National Labor Relations Board said today.... Read More »Alcoa plans to expand Tenn. plant to meet automotive demand
10:04 am U.S. ET | May 2, 2013
Alcoa, the nation's largest aluminum producer, will expand a plant in Tennessee to meet increasing demand for the lightweight metal in cars and trucks.... Read More »Delphi Q1 profit drops as sales fall in Europe, N.A.
10:10 am U.S. ET | May 1, 2013
Delphi Automotive reported a 20 percent drop in first-quarter profit as lower sales in Europe and North America more than offset gains in Asia and South America.... Read More »Magna parts factory explosion puts 5 in hospital
3:38 pm U.S. ET | May 1, 2013
Magna International said an explosion at a Newmarket, Ontario, factory sent five employees to the hospital. The injuries are not life-threatening, Magna spokeswoman Tracy Fuerst said today.... Read More »Casting and machining suppliers merged to create Chassix
4:57 pm U.S. ET | April 30, 2013
Platinum Equity, a California private equity firm controlled by Detroit Pistons owner Tom Gores, said it has merged two of its Michigan automotive suppliers.... Read More »
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Special Report
 Ford's Hinrichs: 'We've learned lessons from the last few years'Ford's new Americas boss Joe Hinrichs says the hobbled launch of the Lincoln MKZ has been his biggest... Mon., May 13» Watch the Video |
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