Richard Newsted, chairman of supplier Chassix, dies at 58

2:55 pm U.S. ET | Nov. 11, 2015

Richard Newsted, chairman of automotive supplier Chassix Holdings and former CEO of Meridian Automotive Systems, died Nov. 5 in Las Vegas. He was 58.... Read More »

Takata crisis hands rival Autoliv chance to go big in Japan

12:01 am U.S. ET | Nov. 11, 2015

Sweden's Autoliv could capitalize on the crisis engulfing its rival Takata by finally extending its global leadership to the one major auto hub it has been unable to dominate -- Japan. Autoliv is the world's top maker of equipment such as airbags and seat belts, but it has struggled to break ties between Japan's carmakers and Takata.... Read More »

Tower explores sale of European business

1:14 pm U.S. ET | Nov. 11, 2015

Auto parts supplier Tower International Inc. is considering selling its European operations. That would allow the structural metal components supplier, based in suburban Detroit, to strengthen its North American unit, Tower CEO Mark Malcolm said.... Read More »


BLOG: As Takata crashes, Japan's keiretsus lose some luster

4:10 pm U.S. ET | Nov. 10, 2015

Honda, Toyota, Nissan and Mazda have decided to stop using airbag components supplied by Takata. It's a split that wasn't supposed to happen in the cozy, family-relations corporate world of Japan's keiretsus.... Read More »

VW recruits exec linked to Apple electric car project

Nov. 10, 2015 15:45 CET

Volkswagen has recruited Apple executive Johann Jungwirth, who was linked to the tech company's electric car project, to head a newly established digital strategy unit.... Read More »


BLOG: Crash rarity adds challenge to autonomous push

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

Renault-Nissan's head of autonomous vehicle development is unsure whether it's a good thing or a bad thing that there have been no serious crashes while the automaker has tested its technology.... Read More »

Continental boosts earnings on Europe, U.S. growth

Nov. 9, 2015 12:03 CET

Continental said its third-quarter earnings rose 11 percent as Europe and the U.S. offset slower growth in China's car market.... Read More »

U.S. senators seek to ensure Takata recall is completed

6:42 pm U.S. ET | Nov. 9, 2015

Two influential U.S. senators, worried about Takata's ability to complete a recall of potentially deadly airbag inflators, sought regulatory guidance on how to hold the Japanese supplier accountable if its U.S. subsidiary goes bankrupt.... Read More »

Auto industry shift to aluminum slower than expected, Novelis warns

1:56 pm U.S. ET | Nov. 9, 2015

Novelis, the world's largest rolled aluminum producer, warned on Monday that plans to shift rolling mill capacity to automotive body sheet are progressing slower than anticipated as automakers prove slow to follow Ford's lead in widespread use of the metal.... Read More »

The shunning of Takata

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

The debate is over: Takata is expendable.... Read More »

Suppliers give Tesla high praise for innovation

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

Tesla has cracked the ranks of top-performing OEMs in a survey that measures carmakers on their ability to foster innovation and adopt new technology from suppliers. BMW again ranked first.... Read More »


TALK FROM THE TOP: Hachigo steers back-to-basics strategy at Honda

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

Takahiro Hachigo took over as Honda Motor Co. CEO last June as the company was recovering from several body blows.... Read More »

Secretive EV startup plans $1 billion factory in U.S.

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

The secretive electric vehicle startup Faraday Future says it is considering several states for a $1 billion U.S. assembly plant.... Read More »


CEO revelations increase burden on JCI's board

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

The Johnson Controls board must be diligent and engaged as the company executes an audacious strategy to exit its primary industry to focus on another.... Read More »

Apple car was already planted in Steve Jobs' mind

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

Count Steve Jobs among those curious about what an Apple car would look like. In 2008, not too long after the Apple co-founder introduced the iPhone, Jobs was considering the possibilities of a much bigger gadget, Bloomberg reported.... Read More »


7 innovations in auto interiors

12:01 am U.S. ET | Nov. 8, 2015

In the digital age, technology is transforming what carmakers can do with interiors. The rise of autonomous driving will change how customers spend their time in the cabin.... Read More »

Nissan joins Toyota, Honda in dropping Takata airbag inflators

12:24 pm U.S. ET | Nov. 7, 2015

Nissan joined Toyota and Honda in saying they won't use key components made by Takata, as more automakers distance themselves from the airbag supplier whose defective devices are behind the biggest ever automotive safety recall.... Read More »

Magna says factory glitches to hurt profit; Q3 revenue, margins decline

7:29 am U.S. ET | Nov. 5, 2015

Magna International said operational glitches at three of its plants in North America would weigh on its earnings in the current quarter and spill over to the first half of next year.... Read More »

Visteon, with new focus on electronics, swings to small profit

4:05 pm U.S. ET | Nov. 5, 2015

Visteon said today it posted a small but improved profit during the third quarter -- its first quarter as a supplier focused solely on cockpit electronics.... Read More »

Mazda snubs Takata; supplier's survival in doubt

Nov. 5, 2015 11:42 CET

Analysts are openly questioning the survival chances of Takata as more automakers consider no longer using its airbag inflators, which are at the center of a recall crisis.... Read More »

Mercedes to recall 126,260 vehicles in U.S. for airbag flaw

12:37 pm U.S. ET | Nov. 4, 2015

Mercedes-Benz is recalling 126,260 cars for a defect that can cause airbags to inflate unexpectedly without a crash -- or not at all during one.... Read More »

Steve Jobs considered building an Apple car in 2008

10:21 am U.S. ET | Nov. 4, 2015

Count Steve Jobs among those curious about what an Apple car would look like. In 2008, not too long after the Apple co-founder introduced the iPhone, Jobs was considering the possibilities of a much bigger gadget.... Read More »

JCI CEO's personal battles contrast with ethics-champion role

8:11 am U.S. ET | Nov. 3, 2015

Since he ascended to the top job at Johnson Controls two years ago, CEO Alex Molinaroli has championed a strong ethics policy for the supplier's 130,000 employees around the world. Now Molinaroli is facing questions about his own judgment, at least in his private life.... Read More »

U.S. ultimatum to Takata could force more sweeping recall

6:36 pm U.S. ET | Nov. 3, 2015

Takata's consent order with U.S. regulators contains an ultimatum whose consequences could be even more damaging than the $200 million penalty imposed on the company Tuesday: Prove that ammonium nitrate is a safe propellant for airbag inflators, or face a recall of every inflator it has ever made with the chemical.... Read More »

Takata agrees to pay $70 million fine for defective airbags

12:24 pm U.S. ET | Nov. 3, 2015

Takata agreed to phase out its use of ammonium nitrate propellant in airbag inflators and pay a $70 million U.S. fine to resolve violations stemming from the supplier's airbag defect crisis.... Read More »

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GM's Barra: Tapping into ideas from Silicon Valley

GM's Barra: Tapping into ideas from Silicon Valley

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