Suppliers

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Check out the ANE e-magazine for February

Feb. 1, 2016 06:01 CET

The latest issue of the Automotive News Europe monthly e-magazine is ready for you to view. This month's edition looks at how Ford and Opel plan to turn their businesses in Europe into consistent money makers after years of struggle.... Read More »

JCI's spinoff must refocus to remain on top

12:01 am U.S. ET | Feb. 1, 2016

Just two years ago, Johnson Controls Inc. was a major automotive supplier, but it has been transformed by a series of deals that have split up its operations, leaving its interior parts business in a joint venture with a Chinese partner and making its seating unit an independent company. Its automotive battery division and building controls business will remain with a new Ireland-based company to be created in a proposed merger with Tyco International.... Read More »

Amid profit fall, Honda bets on new products

12:01 am U.S. ET | Feb. 1, 2016

Takata airbag recalls and exchange losses undercut profits at Honda in the latest quarter, but the company sees a brighter 2016 thanks to an influx of new product for North America, the Japanese carmaker's biggest market.... Read More »

Au revoir: Paris just doesn't do it for Ford this year

12:01 am U.S. ET | Feb. 1, 2016

Ford will skip this autumn's Paris auto show, claiming the timing doesn't fit with its launch schedule.... Read More »

Zetsche: Apple, Google 'can do more' than we thought

12:01 am U.S. ET | Feb. 1, 2016

Daimler CEO Dieter Zetsche and other a handful of his senior execs met recently with around 70 companies in Silicon Valley, according to the German weekly Welt am Sonntag. Asked about Google and Apple's automotive pursuits, Zetsche told the newspaper: “Our impression was that these companies can do more and know more than we had previously assumed.”... Read More »

Lear's goal: Seats with style, smarts

12:01 am U.S. ET | Feb. 1, 2016

Automotive parts supplier Lear Corp. is developing a seat of the future to appeal to automakers as they look increasingly to interiors to set their vehicles apart. The new design is the product of an engineering unit Lear has set up in Southfield, Mich.... Read More »

Got gadgets?

12:01 am U.S. ET | Feb. 1, 2016

Some of the most revolutionary innovations originate not with carmakers but with the suppliers who provide the building blocks and concepts that reshape the industry. Here is a sampling of some of the most cutting-edge technologies.... Read More »

RICHARD JOHNSON

Woo suppliers with longer deals

12:01 am U.S. ET | Feb. 1, 2016

As auto sales and production have climbed steadily over the past six years, so has capacity utilization among parts makers. And now OEMs -- each certain their own market share is about to take off -- are leaning on their suppliers to add production capability.... Read More »

Toyota to suspend Japan output for 6 days as steel parts run low

8:54 pm U.S. ET | Jan. 31, 2016

Toyota will suspend production at all assembly lines in Japan for six days this month due to a parts shortage, hitting exports of such cars as Lexus luxury vehicles. The shutdown comes after a Jan. 8 explosion at a steel factory in Japan.... Read More »

Autoliv predicts 5% growth in 2016, but market wanted more amid Takata recalls

10:30 am U.S. ET | Jan. 29, 2016

Swedish car safety products supplier Autoliv predicted sales growth of 5 percent this year, but analysts expected more because of potential new business Autoliv could win amid the Takata airbag crisis.... Read More »

Toyota, crimped by steel shortage, may suspend Japan output

10:18 pm U.S. ET | Jan. 29, 2016

Toyota said it may halt production at its plants in Japan early next month due to a steel shortage, following an explosion at a steel plant operated by one of its affiliates.... Read More »

Takata says CEO has no plans 'as of now' to step down

Jan. 29, 2016 11:22 CET

Takata said its CEO Shigehisa Takada had no intention to resign "as of now" as the airbag maker struggles with a long-running safety recall crisis.... Read More »

CAR CUTAWAY

Suppliers to the new Jaguar XF

12:01 am U.S. ET | Jan. 29, 2016

Assembly of the second-generation Jaguar XF began in June 2015 at Jaguar Land Rover's factory in Castle Bromwich, England. Output is expected to peak at more than 47,000 units this year, according to IHS Automotive.... Read More »

ANE's February e-magazine goes live Monday

Jan. 29, 2016 06:01 CET

The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, Feb. 1. This month's edition looks at how Ford and Opel plan to turn their businesses in Europe into consistent money makers after years of struggle.... Read More »

Gentex Q4 profit, sales rise as mirror shipments increase

12:27 pm U.S. ET | Jan. 28, 2016

Gentex today reported a 25 percent year-over-year rise in fourth-quarter profit. The supplier posted net income of $88.4 million in the fourth quarter of 2015, up from the $71 million during the same period in 2014.... Read More »

Harman posts strong quarterly gains from auto business

11:13 am U.S. ET | Jan. 28, 2016

Harman International Industries, which supplies audio and telematics systems to the auto industry, reported a better-than-expected quarterly profit, helped by strong demand from automakers.... Read More »

Lear reports record results for Q4, 2015 following acquisitions

10:52 am U.S. ET | Jan. 28, 2016

Seating and electronics supplier Lear said today it posted record core earnings in the fourth quarter as it continued to build on business generated from recent acquisitions.... Read More »

Takata prepares CEO exit over airbag safety crisis, report says

Jan. 28, 2016 11:20 CET

Takata is preparing the ground for the exit of its CEO, Shigehisa Takada, Reuters reported, as pressure builds on the airbag maker following a huge global recall over faulty inflators that can explode with excessive force.... Read More »

ZF TRW signs office lease for global electronics business

3:23 pm U.S. ET | Jan. 27, 2016

ZF TRW plans to open its global electronics headquarters in suburban Detroit by the end of the second quarter following a lease of a 171,000-square-foot office building.... Read More »

Bosch probes whether its staff helped VW's emissions rigging

Jan. 27, 2016 10:03 CET

Bosch is carrying out an internal probe to investigate whether any of its staff were involved in Volkswagen's rigging of emissions tests, the supplier's CEO, Volkmar Denner, said.... Read More »

NEWS ANALYSIS

Johnson Controls' CEO brings his own scandal to Tyco

12:13 pm U.S. ET | Jan. 26, 2016

First came the affair. Then the Ponzi scheme. Now -- a $28.8 billion transaction involving two storied American corporations. It's been a remarkable run for JCI CEO Alex Molinaroli.... Read More »

EU regulators fine Japanese suppliers 138 million euros for price fixing

Jan. 26, 2016 13:09 CET

EU antitrust regulators fined Mitsubishi Electric and Hitachi Ltd. a total of 137.8 million euros ($149.8 million) for fixing prices of car alternators and starters. Supplier Denso avoided a fine after alerting officials to the existence of the cartel.... Read More »

Ford CEO Fields joins IBM board as auto industry transforms

6:54 pm U.S. ET | Jan. 26, 2016

Ford Motor CEO Mark Fields is joining IBM's board of directors as the No. 2 U.S. automaker explores alternative mobility options beyond selling cars and trucks.... Read More »

Ford expands recall for Ranger pickups with Takata airbags

10:00 am U.S. ET | Jan. 26, 2016

Ford is expanding a recall of vehicles with Takata airbags after an inflator exploded in a Ford Ranger last month and the driver was killed.... Read More »

Takata says 5.1 million more vehicles in U.S. have defective airbag inflators

5:15 pm U.S. ET | Jan. 26, 2016

Takata declared another 5.1 million U.S. vehicles defective as the company disclosed an 11th death could be linked to a faulty airbag, federal auto safety regulators said.... Read More »

 
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