Suppliers
 

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 quarter last year.... 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 Justice Department said.... 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 »

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 »

TI Automotive, Bain near deal a year after failed effort, report says

9:10 am U.S. ET | Jan. 14, 2015
TI Automotive, the auto fuel-systems maker that came close to a deal with Bain Capital Partners LLC last year, is again near an agreement to sell...... Read More »

HOLD THE PHONE

Suppliers resist ceding controls in the cockpit to Apple and Google

12:01 am U.S. ET | Jan. 12, 2015
Most automakers and traditional suppliers aren't content to let mobile-phone technology dictate how drivers interact with their vehicles.... Read More »

Q&A

Michelin aims to fight off Chinese rivals on 2 fronts

12:01 am U.S. ET | Jan. 12, 2015
Michelin Group will counter rising pressure from fast-growing, low-cost Chinese brands in Europe and North America by increasing the number of...... Read More »

Q&A

Honeywell sees hot turbo growth ahead

12:01 am U.S. ET | Jan. 12, 2015
Honeywell Transportation Systems, the leading turbocharger supplier with an estimated 34 percent share of the global market, foresees big gains for...... Read More »

Big suppliers try to move like a startup

12:01 am U.S. ET | Jan. 10, 2015
Silicon Valley's blistering pace of product development has prompted some very large, very traditional automotive suppliers to try to reinvent...... Read More »

Takata stock rises after lender expresses support

6:33 am U.S. ET | Jan. 8, 2015
Shares in Takata, the maker of airbags that led to millions of vehicle recalls by global carmakers, rose to the highest price in more than two months...... Read More »

Visteon names two new board members

11:57 am U.S. ET | Jan. 7, 2015
Visteon named two new members to its board amid a flurry of merger and acquisition activity at the supplier in recent months.... Read More »

Lear completes acquisition of automotive leather supplier Eagle Ottawa

10:44 am U.S. ET | Jan. 6, 2015
Seating and electronics supplier Lear has closed on its $850 million acquisition of automotive leather supplier Eagle Ottawa LLC.... Read More »

Takata N.A. unit hires new general counsel amid airbag crisis

10:56 am U.S. ET | Dec. 29, 2014
Takata -- the Japanese supplier at the center of a global airbag recall scandal -- named a new general counsel for its North American operations.... Read More »

Exit at Takata puts crisis in family control

12:01 am U.S. ET | Dec. 29, 2014
Stefan Stocker, the Takata president who was brought in to inject more transparency and openness into the family-controlled auto supplier, is out...... Read More »

Faurecia vows to appeal $2.4M fine for market breaches

12:47 pm U.S. ET | Dec. 23, 2014
French auto parts maker Faurecia said today it would appeal against a 2 million euro ($2.... Read More »

Faurecia expects tech to fuel growth; CEO sees benefits from megasupplier trend

12:01 am U.S. ET | Dec. 22, 2014
Faurecia CEO Yann Delabriere, 64, is counting on the French supplier to provide high-tech products to meet customer demands anywhere in the world.... Read More »

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Ryan Hunter-Reay races to Indy 500 winner’s circle

Ryan Hunter-Reay races to Indy 500 winner’s circle

BorgWarner’s video montage highlighting 2014 Indianapolis 500 winner Ryan Hunter-Reay. Thu., January 15
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