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Takata's remaining two bidders to seek court-led turnaround in Japan, report says

Takata's two remaining bidders plan to propose a court-mediated turnaround for the Japanese operations of the troubled airbag supplier, the Nikkei business daily reported.

 

GM's $1 billion investment plan to take toll on American Axle

General Motors' plan to invest $1 billion into U.S. factories and add thousands of jobs comes at the expense of one Detroit supplier. American Axle & Manufacturing is losing part of its business to supply GM's next-generation full-size pickup trucks and SUVs.

Yanfeng envisions a lounge on wheels

Yanfeng Automotive Interiors is preparing for the day when people need more to do in a car than drive.

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GM's $1 billion investment plan to take toll on American Axle

General Motors' plan to invest $1 billion into U.S. factories and add thousands of jobs comes at the expense of one Detroit supplier. American Axle & Manufacturing is losing part of its business to supply GM's next-generation full-size pickup trucks and SUVs.

Linamar CEO urges unity against tariffs

Suppliers from Canada, Mexico and the U.S. need to come together and make a case against import tariffs to the incoming Trump administration sooner rather than later, Linamar Corp. CEO Linda Hasenfratz said.

Magna puts doors on a diet

While suppliers lined up at the Detroit auto show to showcase their involvement in autonomous-drive and connected-car technologies, Magna International reminded the industry that automakers are still hungry to reduce vehicle weight for improved fuel efficiency.

Aisin Seiki reboots for electric age

Aisin Seiki Co., the massive Toyota Group supplier of transmissions and powertrain components, is looking long term, and the company doesn't necessarily like what it sees.

The man who assembled Tesla's supply base

Peter Carlsson was a Swedish purchasing executive in cellphones and computer chips before taking over procurement and supply chain management for Tesla Motors in 2011.

Number to watch: 604

A settlement pool of $604 million is awaiting final court approval to be distributed to consumers in an auto parts price-fixing class-action lawsuit.

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