Suppliers
 

Germany's ZF in advanced talks to buy TRW for near $12 billion, report says

1:22 pm U.S. ET | July 30, 2014 | UPDATED: 7/30/14 4:22 pm ET - adds stock close
Germany's ZF Friedrichshafen AG is in advanced talks to acquire TRW Automotive for nearly $12 billion, in a deal that would create an automotive supply powerhouse, people...... Read More »

TRW net income rises to $265 million in Q2

7:08 am U.S. ET | July 29, 2014 | UPDATED: 7/29/14 4:15 pm ET - adds stock close
Automotive safety technology supplier TRW Automotive Holdings today said its second-quarter net income rose 7 percent to $265 million.... Read More »

Tenneco's Q2 profit rises 29% on record revenue

5:19 pm U.S. ET | July 28, 2014
Tenneco, a ride-control and emission-control systems supplier, reported that its net income rose 29 percent in the second quarter from a year ago to...... Read More »

Self-driving tech attracts ZF to TRW

12:01 am U.S. ET | July 28, 2014
Self-driving cars are years away, but their lure is prompting ZF Friedrichshafen AG, a German supplier of transmissions and other mainstream...... Read More »

Lear profits rise on higher vehicle output, record seating volume, electrical gains

8:03 am U.S. ET | July 25, 2014
Lear's second-quarter profits rose to $148.... Read More »

ZF's pursuit of TRW may spark wave of mergers in supply chain

12:01 am U.S. ET | July 25, 2014
The biggest auto-parts deal since 2007 may be just the start of consolidation, with Autoliv and Visteon among the next potential targets, analysts...... Read More »

Hella planning IPO later this year, report says

2:49 pm U.S. ET | July 25, 2014
German automotive supplier Hella is working with Citigroup and banks on an initial public offering later this year, according to people with...... Read More »

Gentex Q2 net income grows 47 percent

3:19 pm U.S. ET | July 24, 2014
Automotive mirror supplier Gentex reported $76.7 million in net income with total revenue of $338.4 million for the second quarter.... Read More »

Cooper-Standard begins operations at Asia Pacific tech center

2:44 pm U.S. ET | July 24, 2014
Auto supplier Cooper-Standard Automotive Inc. began operations at its Asia Pacific Technical Center today in Shanghai.... Read More »

Federal-Mogul posts $5 million net loss in Q2 as revenue rises

3:34 pm U.S. ET | July 23, 2014
Auto supplier Federal-Mogul today reported a $5 million net loss after factoring in one-time charges, along with a $128 million revenue gain for the...... Read More »

Brembo to invest nearly $100M in new Michigan foundry, expand capacity

6:54 am U.S. ET | July 23, 2014
Italian brakes maker Brembo will build a new foundry in Michigan to expand its manufacturing capability in the United States, betting on continued...... Read More »

Metals and plastics company NN to buy supplier Autocam in $300 million deal

11:23 am U.S. ET | July 22, 2014
A Tennessee metals and plastics company said it has agreed to acquire auto parts supplier Autocam in a deal valued at $300 million.... Read More »

Russia's Severstal sells U.S. steel plants to AK Steel, Steel Dynamics

8:48 am U.S. ET | July 21, 2014
Russia's Severstal said it agreed to sell its two steel plants in the United States for $2.... Read More »

THE SUPPLIER SPEAKS

Valeo boosts its N.A. r&d with hundreds of engineers

12:01 am U.S. ET | July 21, 2014
French supplier Valeo SA is hiring hundreds of engineers in North America and is opening an office in Silicon Valley.... Read More »

THE SUPPLIER SPEAKS

American Axle's push to diversify drives growth

12:01 am U.S. ET | July 21, 2014
CEO David Dauch continues his father's quest to diversify American Axle & Manufacturing Inc.... Read More »

EDITORIAL

Auto supplier consolidation: Caution advised

12:01 am U.S. ET | July 21, 2014
ZF Friedrichshafen's bid to acquire safety specialist TRW Automotive raises questions about where automotive suppliers are headed.... Read More »

DAVID SEDGWICK

Pressure builds on suppliers to team up

12:01 am U.S. ET | July 21, 2014
If the ZF-TRW alliance is going to create a product portfolio for collision avoidance and driverless vehicles, the r&d budget will make or break it.... Read More »

Can Linux speed in-car systems?

12:01 am U.S. ET | July 21, 2014
The auto industry is exploring open-source operating systems such as Linux more seriously than ever, hoping that sharing the work and making code...... Read More »

WATCH THE ROAD

New head-up displays could change views for drivers and the industry

12:01 am U.S. ET | July 21, 2014
Head-up displays with "augmented reality," the technology that employs much of the windshield as a display area for data and images, is poised to...... Read More »

ZF needs TRW's tech know-how, CFO says

8:54 am U.S. ET | July 19, 2014
ZF Friedrichshafen believes buying TRW Automotive would give it a better foothold in the market for self-driving and connected cars, its finance...... Read More »

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