Suppliers
 

Lear Q4 profits surge on North America growth

10:12 am U.S. ET | Jan. 30, 2015
Seating and electronics supplier Lear reported better-than-expected fourth-quarter profits due to strong demand from North America.... Read More »

Denso to expand Tenn. plant, add 400 jobs

11:24 am U.S. ET | Jan. 30, 2015
Denso, the world’s second-largest automotive supplier, is set to expand a plant and add about 400 employees in Athens, Tenn.... Read More »

Autoliv sees 2015 growth, better margins as Q4 beats forecast

7:25 am U.S. ET | Jan. 29, 2015
Auto safety products supplier Autoliv today said it saw slightly higher margins in 2015 as it posted fourth quarter earnings above market...... Read More »

Japanese supplier Sanden agrees to $3.2 million fine in U.S. price-fixing case

6:33 am U.S. ET | Jan. 28, 2015
Japanese supplier Sanden has agreed to pay a US fine of more than $3 million and becomes the latest company tied to a wide-ranging auto supplier...... Read More »

Gentex Q4 sales gains lag forecasts; stock drops

11:53 am U.S. ET | Jan. 28, 2015
Gentex, a mirror, camera and electronic component supplier, said its fourth quarter net income rose a disappointing 2 percent while overall revenue...... Read More »

Auto industry drives comeback in aluminum prices

6:44 am U.S. ET | Jan. 28, 2015
At a time when other commodities are slumping, aluminum is making a comeback as automakers under pressure to build more fuel-efficient cars increase...... Read More »

TI Automotive to be acquired by Bain for $2.4 billion, report says

8:36 am U.S. ET | Jan. 27, 2015
Global fuel systems supplier TI Automotive, after months of wrangling and speculation, said today it has agreed to be acquired by private equity firm...... Read More »

Dana sells Venezuelan unit amid exchange rate trouble

4:05 pm U.S. ET | Jan. 26, 2015
As Venezuela’s automotive industry continues to falter amid exchange rate problems, powertrain supplier Dana Holding today said that it has...... Read More »

TIM LEULIETTE, CEO, VISTEON CORP.

Visteon zeros in on 1 segment: The connected car

12:01 am U.S. ET | Jan. 26, 2015
With Visteon Corp.'... Read More »

ZF chief: TRW to keep its own identity -- for now

12:01 am U.S. ET | Jan. 26, 2015
TRW Automotive Holdings will remain a stand-alone company for at least three to five years after the completion of its merger this spring with ZF...... Read More »

Maps to track every bump in the road

12:01 am U.S. ET | Jan. 26, 2015
Navigation maps that display roads and highways accurately to within 20 centimeters could be available as early as 2017.... Read More »

GM's got no beef with suppliers' dough

12:01 am U.S. ET | Jan. 26, 2015
If Fiat Chrysler CEO Sergio Marchionne is looking for an ally to wring price concessions from suppliers, he won't find one in Steve Kiefer, General...... Read More »

Takata executive indicted in U.S. for fixing prices of seat belts

1:55 pm U.S. ET | Jan. 22, 2015
An executive at embattled Japanese auto supplier Takata was indicted today for conspiring to fix the prices of seat belts sold to carmakers, the US...... Read More »

Chinese aerospace firm pursues acquisition of U.S. supplier Henniges, report says

6:34 am U.S. ET | Jan. 22, 2015
AVIC, China's biggest aerospace company, is among bidders pursuing an acquisition of US auto supplier Henniges Automotive Holdings, people with...... Read More »

JCI quarterly net income grows 12% on higher volume

3:07 pm U.S. ET | Jan. 22, 2015
Supplier Johnson Controls said today its quarterly net income grew 12 percent, reaching $507 million, compared with $451 million during the same...... Read More »

Toyota supplier weighs raising airbag capacity as demand climbs

9:35 am U.S. ET | Jan. 21, 2015
Toyoda Gosei, a supplier part-owned by Toyota, is considering increasing its capacity for making airbags to cater to expanding global demand for the...... Read More »

Hyundai Mobis to build $418 million parts factory in Mexico

6:29 am U.S. ET | Jan. 16, 2015
Hyundai Mobis, an automotive parts affiliate of Hyundai Motor and Kia Motors, said it has signed a deal to build a $417.... Read More »

Two Italian suppliers pick Indiana for new U.S. operations

4:12 pm U.S. ET | Jan. 15, 2015
Two Italian auto suppliers -- OMR Automotive and Sirmax -- today picked Indiana for significant new operations, Indiana Gov. Mike Pence announced.... Read More »

When the Motor City becomes Startup City

3:50 pm U.S. ET | Jan. 15, 2015
Metro Detroit, the automotive capital of the world, ironically isn't a hotbed for mobility upstarts, but several efforts are under way in the auto...... Read More »

Magna forecasts surprise fall in 2015 revenue

9:22 am U.S. ET | Jan. 14, 2015
Canadian supplier Magna International forecast a surprise fall in fiscal 2015 revenue, hurt by falling sales in its production and contract...... Read More »

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