Manufacturing

NHTSA prepares steps to speed up Takata, Jeep recalls

1:30 pm U.S. ET | April 21, 2015

Federal auto safety regulators want to see more progress on the Takata and Jeep fuel tank recalls, and could take action in the next two weeks to achieve that goal. The steps come amid a broader push by the agency for automakers to take a more proactive stance on safety.... Read More »

RICHARD TRUETT

BLOG: With 3-D printing, product development flies

11:00 am U.S. ET | April 21, 2015

3-D printers are dramatically cutting product development costs, allowing engineers and designers to get prototype parts in hours, not weeks.... Read More »

TRW plans to open 3 more plants in China

10:08 am U.S. ET | April 21, 2015

TRW Automotive, the safety components supplier being acquired by Germany’s ZF Friedrichshafen, said it plans to open three plants in China this year and next.... Read More »

Continental will invest 1 billion euros in China, CEO says

April 21, 2015 15:40 CET

Continental plans to invest about 1 billion euros ($1.07 billion) in China over the next five years, CEO Elmar Degenhart said. The company is seeking to boost its share of Asian sales to 30 percent of global turnover by 2020 from a fifth at present.... Read More »

Toyota in talks to boost China output to meet 2 million sales goal

6:57 am U.S. ET | April 21, 2015

Toyota, already planning to build one new assembly plant in China in 2017, is in talks to further ramp up production in the world’s largest auto market.... Read More »

BMW will build fwd cars in China to attract middle class

April 21, 2015 10:11 CET

BMW will double the number of cars it builds in China to six as it adds models including the front-wheel-drive 2-series Active Tourer minivan in a bid to increase sales to middle class buyers who don't have chauffeurs.... Read More »

PSA lifts European output as market upturn helps turnaround plan

April 21, 2015 10:55 CET

PSA will boost European production by 10 percent as a market rebound and demand for models including the Peugeot 208 subcompact and Citroen C4 Cactus crossover help boost the carmaker a year into a major turnaround plan.... Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Volvo's future rides on revived XC90

April 21, 2015 06:15 CET

Volvo says its all-new XC90 flagship represents the future of the automaker, which aims to nearly double global sales to 800,000 vehicles by 2020.... Read More »

PACE Award winners take on the fuel economy challenge

9:15 pm U.S. ET | April 20, 2015

Auto suppliers are responding to automakers' needs for better fuel economy, claiming half of this year's Automotive News PACE Awards with innovations that cut weight or make powertrains more efficient. Fourteen game-changing products and processes from 12 suppliers were honored at a ceremony in Detroit tonight.... Read More »

Phil Martens out as CEO of aluminum supplier Novelis

1:56 pm U.S. ET | April 20, 2015

Top aluminum rolled products maker Novelis announced Monday the surprise departure of CEO Philip Martens -- a former rising star executive at Ford -- who helped the India-owned supplier shift toward the automotive sector.... Read More »

Mahindra will present bid for Pininfarina by April 29, report says

April 20, 2015 14:48 CET

India's Mahindra & Mahindra aims to present a formal offer for Pininfarina in time for the Italian car designer's shareholder meeting on April 29, a report said.... Read More »

BMW cutting production, prices in China as market slows

April 20, 2015 14:28 CET

BMW has reduced the prices of some of its vehicles in China and will cut local production in the country to ensure that dealers are not overstocked as luxury demand in the world's largest auto market slows.... Read More »

PACE Award winners to be announced tonight

11:19 am U.S. ET | April 20, 2015

It's showtime for the 2015 PACE Awards. The winners will be announced tonight at a black-tie event at the Max M. Fisher Music Center in Detroit. The 21st annual awards honor innovation in the supplier community.... Read More »

N.A. output up 4.2% in March

12:01 am U.S. ET | April 20, 2015

North America car and truck production in March rose 5.4 percent from March 2014 volumes, to an estimated 1,628,340 vehicles.... Read More »

ZF sells bonds to help finance TRW acquisition

2:37 pm U.S. ET | April 20, 2015

ZF raised $2.4 billion with the company's first bond sale in its 100-year history to help pay for its acquisition of automotive safety components supplier TRW Automotive Holdings Corp.... Read More »

PSA plans joint small-car platform with Dongfeng

April 20, 2015 06:01 CET

PSA will focus on two core platforms for its volume models including a small-car architecture that it will jointly develop with China's Dongfeng. PSA aims to reduce the number of its passenger-car platforms to two by 2022 from five now.... Read More »

Lackluster profits drive FCA's higher invoice prices

12:01 am U.S. ET | April 20, 2015

The reason behind Fiat Chrysler's wholesale pricing action is simple: profits -- or the lack thereof.... Read More »

JAMES VERRIER, CEO, BORGWARNER

Electrification 'friend,' not threat, to BorgWarner

12:01 am U.S. ET | April 20, 2015

BorgWarner CEO James Verrier, 52, sees electrification of the powertrain as a positive for his company despite the supplier's heavy reliance on parts that electric vehicles don't need.... Read More »

S.C. called a contender for Volvo plant site

12:01 am U.S. ET | April 20, 2015

Volvo Cars is weighing a site in South Carolina against one in another Southern state as it prepares to invest $500 million in its first U.S. plant, people with knowledge of the matter told Reuters.... Read More »

High-volume battle of the in-car audio brands

12:01 am U.S. ET | April 20, 2015

On March 26, Bose Corp. said its 34-speaker Panaray system will appear in the 2016 Cadillac CT6 sedan. Five days later, rival Harman International Industries Inc. counterpunched, saying it would pay $154 million to acquire Bang & Olufsen. The dueling announcements threw into sharp relief the different strategies of the two leading companies in branded automotive audio.... Read More »

How a resilient small bolt maker survived the recession and started shipping to global markets

12:01 am U.S. ET | April 20, 2015

Many small auto suppliers folded during the recent recession. But Shannon Precision Fastener survived and now is thriving.... Read More »

VW to build awd vehicles in Puebla

12:01 am U.S. ET | April 20, 2015

Volkswagen will outfit its Puebla, Mexico, plant to build all-wheel-drive vehicles, according to a company source.... Read More »

ROGER WOOD, CEO, DANA CORP.

Financially strong Dana on hunt for acquisitions

12:01 am U.S. ET | April 20, 2015

Seven years after Dana Corp. emerged from bankruptcy, the supplier is looking for acquisitions. CEO Roger Wood, 52, says he aims to make some "bolt-on" acquisitions of companies to expand Dana's portfolio of driveline components for light vehicles, commercial trucks and off-highway equipment.... Read More »

DANIEL SANDBERG, CEO, BREMBO NORTH AMERICA

Brembo thrives on growing performance market

12:01 am U.S. ET | April 20, 2015

Brembo, the Italian brake manufacturer, is on a roll. The company's global 2014 revenue grew 15 percent to nearly $2.20 billion. But Brembo has plenty of challenges. The company wants to hire more engineers, and automakers are demanding lighter weight parts.... Read More »

Japan, U.S. seek deals on auto parts, rice to secure trade pact

1:19 am U.S. ET | April 19, 2015

Japanese and U.S. negotiators will seek to resolve the most contentious issues on auto parts and rice to help the two countries reach a trade pact, Japanese Economy Minister Akira Amari said.... Read More »

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