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Adient scraps plan for downtown Detroit headquarters

Seating supplier Adient confirmed it will no longer move its headquarters to downtown Detroit. Adient will remain in its current headquarters in a suburb west of Detroit, a spokeswoman said Monday.


Superior to take EV wheels for stylish spin

Superior Industries wants to see small cars and EVs get their share of wheel fashion.

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MORE SUPPLIER NEWS OEM/SUPPLIER MANUFACTURING
Visteon CEO battle: 'Vendetta' or get-tough stance?

Visteon, in disclosing the online porn and prostitution pursuits of former CEO Tim Leuliette, appears to have joined a movement among corporations to air executive indiscretions rather than sweep them under the rug.

UPDATED: 6/15/18 5:54 pm ET - adds details
GM exploring strategic options, possible spin-off of Cruise unit

GM has begun researching strategic options for Cruise Automation that include a public sale of shares, listing a separate tracking stock, or spinning off the unit, Bloomberg reported, citing people familiar with the matter. GM won't make a decision until Cruise is further along in development and may not take any action for a couple of years, if at all.

Design innovations spark Pierburg investments

The project illustrates a trend in manufacturing capital spending today: As auto suppliers roll out new technologies, many are relying on more automated production processes to make the work fit into their existing space.

Growth key for next BorgWarner CEO

Incoming BorgWarner CEO Frederic Lissalde says he will focus on business growth, customer relationships, product strategy and growth execution. Former CEO James Verrier announced his retirement last week.


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