Suppliers

Gentex considers options for possible tariffs, foreign retaliation

Supplier Gentex is exploring how to avoid proposed U.S. tariffs on imported auto parts if they are enacted, plus likely retaliation on U.S. exports by other countries, especially China.

UPDATED: 7/20/18 4:15 pm ET - adds stock close

Gentex boosts Q2 net income 23%

Mirror supplier Gentex reported a healthy gain in net income for the second quarter, but trimmed its full-year 2018 revenue guidance slightly.


Tesla's battery maker suspends cobalt supplier amid sanctions concern

Panasonic said it was unable to determine how much of the cobalt used in batteries it makes for Tesla cars comes from Cuba, a country subject to U.S. sanctions.

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MORE SUPPLIER NEWS OEM/SUPPLIER MANUFACTURING
UPDATED: 7/20/18 4:15 pm ET - adds stock close
Gentex boosts Q2 net income 23%

Mirror supplier Gentex reported a healthy gain in net income for the second quarter, but trimmed its full-year 2018 revenue guidance slightly.

Magna isn't 'de-merging,' says Walker

Magna International is bucking a trend. It's CEO, Don Walker says the company isn't separating autonomous vehicles from its mainstream operations.

Number to watch: $41 billion

A forecast for two aftermarket trade groups predicts aftermarket parts sales will hit $327 billion in 2021, a $41 billion dollar increase over 2017 levels.

Pininfarina shows some PDA for PF0

Automobili Pininfarina is stoking the fires of its first vehicle, the PF0. The brand revealed new teaser photos of its full-electric hypercar's exterior last week.

Adding scents to prevent carsickness

International Automotive Components Group is researching adding scents that would serve a purpose to the vehicle occupants: preventing motion sickness.


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