Suppliers
 

NGK Insulators to pay $65.3 million U.S. fine for price-fixing, obstruction

3:11 pm U.S. ET | Sept. 3, 2015 | UPDATED: 9/3/15 4:29 pm ET - adds details
Japanese auto supplier NGK Insulators has agreed to plead guilty and pay a $65.3 million fine for fixing prices of automotive parts and attempting to obstruct the ongoing global investigation into auto parts bid rigging, the U.S.

Takata settles U.S. patent infringement case for airbag sensors

2:48 pm U.S. ET | Sept. 3, 2015
Two units of Japanese auto supplier Takata are settling a six-year patent infringement dispute with International Electronics & Engineering and its Detroit area subsidiary for $1.1 million.

Lear buys downtown Detroit office building

10:16 am U.S. ET | Sept. 3, 2015
Seating and electronics suppler Lear has purchased a 50,000-square-foot building in downtown Detroit for an undisclosed price.

Alcoa plans new r&d center for advanced 3D printing processes

11:45 am U.S. ET | Sept. 3, 2015
Metals company Alcoa said today it will invest $60 million to expand its r&d center in Pennsylvania to explore ways to make 3D printing viable on an...

Chinese supplier CW Bearing to build new U.S. headquarters near Detroit

6:50 am U.S. ET | Sept. 2, 2015
CW Bearing USA will invest $25.9 million to build a new U.S. headquarters and technical center in suburban Detroit, Michigan Gov.

Navistar reports a surprise Q3 loss amid U.S. investigation

2:52 pm U.S. ET | Sept. 2, 2015
Navistar International, the truck- and engine-maker that counts Carl Icahn as its biggest investor, posted a slight third-quarter loss when analysts...

Grupo Antolin completes purchase of Magna interiors unit

1:33 pm U.S. ET | Aug. 31, 2015
Grupo Antolin closed on its acquisition of Canadian auto supplier Magna International Inc.

Toyota's top suppliers prepare a tech blitz

12:01 am U.S. ET | Aug. 30, 2015
Toyota's top suppliers are readying a host of advanced technologies for their No.

Will automakers go for Gorilla Glass?

12:01 am U.S. ET | Aug. 29, 2015
Gorilla Glass, the tough, lightweight, scratch-resistant glass made by Corning and used on the screens of billions of smartphones and tablets, is...

Bosch acquires U.S. electric car battery developer Seeo

9:43 am U.S. ET | Aug. 28, 2015
German auto supplier Robert Bosch has bought Seeo, a California-based company that has developed next-generation lithium-ion batteries that could...

T.RAD, Fujikura settle U.S. price-fixing civil litigation

3:21 pm U.S. ET | Aug. 26, 2015
T.RAD and Fujikura are the latest to agree to civil settlements linked the ongoing U.S.

Autoliv says M/A-COM unit acquisition will beef up automated-driving tech

11:00 am U.S. ET | Aug. 19, 2015
Automotive safety systems supplier Autoliv Inc. said it completed the acquisition of the automotive unit of M/A-COM Technology Solutions Holdings Inc.

Lear buys technology from California automotive app developer

3:34 pm U.S. ET | Aug. 17, 2015
Lear said today it has acquired the intellectual property and technology of Autonet Mobile, a software and device developer of automotive...

FCA gives some no-bid contracts to suppliers

12:01 am U.S. ET | Aug. 17, 2015
In an effort to upgrade quality and improve relationships with suppliers, Fiat Chrysler is reviving long-term, no-bid contracts.

Finelli gets serious about improving FCA's supplier relations

12:01 am U.S. ET | Aug. 16, 2015
In various surveys, suppliers have given Fiat Chrysler's purchasing unit low grades.

Auto parts M&A value seen reaching record $48 billion this year

7:26 am U.S. ET | Aug. 12, 2015
Auto-supplier deal value will rise to a record this year as parts makers seek size and skills to meet demand for software that powers autonomous...

Thai stamping supplier to expand in Michigan

11:51 am U.S. ET | Aug. 11, 2015
Thai Summit America will break ground later this month on a 44,000-square-foot expansion in Michigan.

GM: New 'no-bid' strategy catches on with suppliers

12:01 am U.S. ET | Aug. 10, 2015
For General Motors' suppliers, no-bid contracts have become the norm rather than the exception, now that GM has rolled out a new parts-buying program...

FCA swaps cudgel for counsel

12:01 am U.S. ET | Aug. 9, 2015
Exactly one year after Fiat Chrysler CEO Sergio Marchionne slammed suppliers for their double-digit profit margins, the company has adopted a more...

Magna's Q2 earnings rise despite strong U.S. dollar

6:27 am U.S. ET | Aug. 7, 2015
Canadian auto supplier Magna International reported higher profits in the second quarter as increased vehicle production in North America offset the...

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