Suppliers

DUSTIN WALSH

BLOG: Autonomous cars will crash and be hacked ... and that's OK

12:01 am U.S. ET | Aug. 15, 2015

Cybersecurity and the threat of chaos is a new reality in the age of connected and autonomous cars. This is the reality we live. Cars can, and will, be hacked... Read More »

Fiat Chrysler poised to keep momentum after Ferrari spinoff

Aug. 14, 2015 17:22 CET

A recovering European car market, improving margins and well-received new models have made some analysts more bullish that Fiat Chrysler's shares will continue to rise even after it spins off Ferrari.... Read More »

Apple eyes proving grounds for self-driving car, report says

3:44 pm U.S. ET | Aug. 14, 2015

Apple is looking into using a former military base northeast of San Francisco as a high-security proving ground for autonomous vehicles it is developing, according to an online report by The Guardian, a British newspaper.... Read More »

Delphi adds tech executive to its board

12:49 pm U.S. ET | Aug. 14, 2015

Delphi Automotive said it has expanded its board of directors to include tech industry veteran Bethany Mayer.... Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Auto sector takes hit in Q2

Aug. 14, 2015 06:01 CET

As European stock markets retreated in the second three months of this year automakers and suppliers relinquished some of the strong gains they had recorded in shareholder value in the first quarter. The latest Automotive News Europe/PricewaterhouseCoopers Transaction Services Shareholder Value Indices reveal that the value of automakers in Q2 fell 6.5 percent while the value of their suppliers dipped 0.5 percent.... Read More »

Audi develops 500km-range battery for electric SUVs

Aug. 13, 2015 16:59 CET

Audi said it will develop batteries for electrically powered SUVs that can run more than 500km per charge. Audi said it will get cell modules for the batteries from LG Chem and Samsung SDI.... Read More »

Autoliv, ZF TRW gain from Takata's recall troubles

Aug. 13, 2015 10:33 CET

By March, Autoliv, Daicel and ZF TRW Automotive will make about 68 percent of the inflators used to repair faulty Takata airbags behind a record vehicle-safety recall. Autoliv estimates it will supply as many as 20 million replacement inflators in 2015 and 2016.... Read More »

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 driving and hardware that boosts fuel efficiency, PricewaterhouseCoopers said.... Read More »

Supplier M&A may triple to $48 billion this year, PwC says

Aug. 12, 2015 13:00 CET

The value of global transactions in the auto supplier sector will more than triple to about $48 billion, PwC forecasts, as partsmakers seek size and skills to meet demand for software that powers autonomous driving and hardware that boosts fuel efficiency.... Read More »

Takata sets campaign to alert drivers on recall for airbag risk

9:23 pm U.S. ET | Aug. 11, 2015

Takata, whose exploding airbag modules have been tied to at least eight fatalities, is planning an extensive advertising campaign to urge consumers to get the defect fixed.... Read More »

JAY RAMEY

BLOG: Audi's 605-hp S8 Plus dials the power up to 11

11:00 am U.S. ET | Aug. 11, 2015

Audi is introducing an even more powerful version of the S8 sedan unimaginatively dubbed S8 Plus.... Read More »

Mercedes R class production launched at AM General

1:01 pm U.S. ET | Aug. 11, 2015

AM General today launched production of the Mercedes-Benz R class at its assembly plant in Mishawaka, Ind. The agreement with Mercedes-Benz makes AM General the German automaker's first U.S.-based contracted manufacturer.... Read More »

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. The North American subsidiary of Thailand-based Thai Summit Group announced earlier this year it would spend $52.5 million to expand its metal stamping operations.... Read More »

Jaguar Land Rover plans new plant in Slovakia

Aug. 11, 2015 10:39 CET

Jaguar Land Rover has signed a letter of intent to build a new car plant in Nitra, western Slovakia. JLR will carry out a feasibility study for the factory, which is expected to open in 2018 and reach an annual output of up to 300,000 vehicles by 2025.... Read More »

Novelis: Automakers test stronger aluminum

12:01 am U.S. ET | Aug. 10, 2015

Novelis has developed a new grade of high-strength aluminum for use on doors, bumpers and other safety-critical areas, but steel industry officials say new blends of ultra-high-strength steel are already available.... Read More »

LETTER TO THE EDITOR

Autonomous cars will bring change

12:01 am U.S. ET | Aug. 10, 2015

Regarding "Industry on Trial": I think the capital-intensive business model will change when autonomous cars become ubiquitous -- around 2050, in my opinion.... Read More »

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 that forgoes traditional bidding.... Read More »

Mapmaker's team of rival automakers may expand

12:01 am U.S. ET | Aug. 10, 2015

As they spent $3.1 billion to acquire Here, the auto industry's dominant map supplier, Audi, BMW and Daimler sent a message to rivals: Don't fear us. Join us.... Read More »

LETTER TO THE EDITOR

Consolidation is not the only answer

12:01 am U.S. ET | Aug. 10, 2015

"Confession's of a Capital Junkie" presented the burning platform of capital inefficiency in a compelling way but did not draw a logical conclusion. It jumped to the simple idea of industry consolidation as the only answer.... Read More »

LETTER TO THE EDITOR

An impressive 'depth of perspective'

12:01 am U.S. ET | Aug. 10, 2015

I was awestruck by the depth of perspective you presented in the first part of "Industry on Trial" ("Sergio was right," Aug. 3). It easily reached the level of a Harvard Business School case study.... Read More »

EDITORIAL

Conventional wisdom on industry needs rethinking

12:01 am U.S. ET | Aug. 10, 2015

Even in the midst of its best profitability in decades, the global auto industry faces a strategic threat to its existence. Fiat Chrysler Automobiles CEO Sergio Marchionne said it: The industry makes meager profits while burning huge amounts of capital.... Read More »

JASON STEIN

Fore! A full recovery takes flight

12:01 am U.S. ET | Aug. 9, 2015

The Center for Automotive Research celebrated a half century of its supplier-rich Management Briefing Seminars last week. Fifty years of tradition rest here along Grand Traverse Bay, but there's also the real feel that the industry is stepping into uncharted waters.... Read More »

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 supplier-friendly approach in its purchasing operations.... Read More »

Ford hires second supplier to help with F-150 frame production

2:43 pm U.S. ET | Aug. 7, 2015

Ford is bringing a second supplier of steel frames for the F-150 on board to ease a supply shortage that has slowed production for months, a person with knowledge of the matter told Automotive News. The new supplier is said to be Tower International, which already builds body structures for the F series and several other Ford models.... Read More »

Mobileye posts Q2 gains on surging demand for automated driving technology

11:46 am U.S. ET | Aug. 7, 2015

Mobileye NV, one of the emerging providers of vision technology and software for crash-avoidance systems, said its net income surged in the second quarter as the auto industry continues to ramp up plans for autonomous cars.... Read More »

 
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