Suppliers
Ally to pay ResCap $2.1 billion to settle creditor claims
2:30 pm U.S. ET | May 23, 2013
Ally Financial, the auto lender majority-owned by the U.S. government, agreed to pay $2.1 billion to avoid lawsuits related to its bankrupt mortgage unit, Residential Capital.... Read More » Comments [0] | Recommendations [0]
Two Denso executives to plead guilty to price fixing, U.S. says
10:54 am U.S. ET | May 21, 2013
Two executives at Toyota-affiliated supplier Denso have agreed to plead guilty to conspiring to fix prices and have agreed to cooperate with an ongoing criminal investigation, the federal Justice Department said today.... 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 |
Ex-battery maker B456 wins court approval for bankruptcy plan
3:19 pm U.S. ET | May 20, 2013
B456 Systems, the bankrupt electric-car battery maker formerly called A123 Systems, won court approval of a plan to exit bankruptcy that pays creditors from the proceeds of selling virtually all its assets.... Read More »EDITORIAL
GM, Chrysler are still working on supplier relations
12:01 am U.S. ET | May 20, 2013
Are General Motors and Chrysler Group playing hardball with suppliers again? The latest automaker-supplier relations study by the consultant firm Planning Perspectives Inc. was troubling... Read More »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 »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 »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 »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 »All-Stars
Executives
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 »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 »
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Special Report
 Toyota's Lentz: Camry in a 'three-horse race'Toyota's Jim Lentz says the Camry will fend off main rival Honda Accord and upstarts such as the Ford Fusion... Mon., May 20» Watch the Video |
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