Suppliers

Visteon affirms software shift

12:01 am U.S. ET | June 22, 2015

Now that Sachin Lawande has been named CEO of Visteon Corp., effective next week, his to-do list can be boiled down to one word: software. When Visteon was spun off from Ford Motor Co. 15 years ago, the company was a traditional metal-bending conglomerate. Now, Visteon specializes in cockpit electronics.... Read More »

Continental says it's 'working heavily' on electrified turbo

12:01 am U.S. ET | June 22, 2015

Continental AG is working on an electrified turbocharger to compete with a similar unit made by France's Valeo that is scheduled to debut on an Audi next year.... Read More »

CAR CUTAWAY

Eberspaecher, GKN, Marelli have key parts in new Fiat 500X

12:01 am U.S. ET | June 22, 2015

Eberspaecher, GKN Driveline and Magneti Marelli contribute key parts to the new Fiat 500X that include its NOx-reducing catalytic converter, rear-drive module and power transfer as well as its halogen and Xenon headlights.... Read More »

Alfa Romeo readies unveiling of key Giulia midsize sedan

June 21, 2015 06:01 CET

Alfa Romeo's new Giulia midsize sedan, which will be unveiled Wednesday, is crucial to the struggling brand's revival. The Giulia will sit on Alfa's new rear-wheel/all-wheel-drive Giorgio platform and offer high-performance engines, including a Maserati-derived V-6.... Read More »

VW supplier Gestamp to open U.S. facility, report says

3:05 pm U.S. ET | June 21, 2015

Spanish auto supplier Gestamp is planning to open a new pressing facility to supply Volkswagen's production in Tennessee, a source familiar with the matter told Reuters.... Read More »

China's Wanxiang plans to build Fisker Karma in S. Calif.

12:01 am U.S. ET | June 21, 2015

Fisker Automotive and Technology Group plans to revive production of the Fisker hybrid sports car in a new plant to be built in Southern California.... Read More »

Honda confirms 8th fatality from exploded Takata airbag

6:34 pm U.S. ET | June 19, 2015

Honda confirmed an eighth fatal victim of a ruptured Takata airbag inflator after completing the investigation of a September crash in Los Angeles.... Read More »

NHTSA compiles Takata recall data from automakers

10:13 am U.S. ET | June 18, 2015

Automakers affected by the Takata airbag inflator recall have loaded the ID numbers of millions of recalled vehicles into a searchable system, allowing consumers and government officials to examine the data, U.S. safety regulators said on Wednesday.... Read More »

Audi, BMW, Mercedes favored by Nokia for maps deal, report says

June 18, 2015 10:39 CET

Nokia favors selling its HERE maps unit to Audi, BMW and Mercedes although price differences remain, according to sources. Final bids are due this week on the business, which supplies maps data for about 80 percent of cars with in-dash navigation systems in North America and Europe.... Read More »

Steelmaker ArcelorMittal shifts strategy in response to Ford's use of aluminum

7:08 am U.S. ET | June 17, 2015

When Ford confirmed last year it would build its most popular pickup using aluminum, the automaker's steel supplier was caught flat-footed. Now ArcelorMittal, the top worldwide supplier of steel for autos, has built a two-pronged response to try to head off defections by other customers.... Read More »

Eberspaecher fined 68 million euros over parking-heater cartel

June 17, 2015 12:44 CET

The European Commission has fined Germany's Eberspaecher Group 68 million euros ($76.6 million) after finding Eberspaecher and fellow supplier Webasto had fixed prices of heating systems in cars and trucks.... Read More »

Toyota recalls 1.37M more vehicles for airbags

2:14 pm U.S. ET | June 16, 2015

Toyota said it will increase the number of U.S. recalls involving potentially deadly front passenger-side airbags made by Takata by almost 1.37 million vehicles.... Read More »

Germany may increase support for electric cars

June 16, 2015 10:56 CET

The German government is examining increased support to help bring 1 million electric cars onto the country's roads by the end of the decade. Unlike other European countries, Germany has so far refused to provide generous EV sales incentives.... Read More »

Honda, reeling from recalls, hands reins to insider

6:35 am U.S. ET | June 15, 2015

Honda is turning to an insider who's spent his entire career at the company to navigate out of a global auto safety crisis, after seven people died in its cars. Takahiro Hachigo this week becomes the eighth president of one of Japan's most renowned companies.... Read More »

Honda recalls 1.39 million vehicles for passenger airbag flaw

5:31 pm U.S. ET | June 15, 2015

American Honda said it will recall about 1.39 million vehicles with faulty passenger-side airbags made by Takata.... Read More »

EXECUTIVE COMPENSATION

Rising stock prices push up CEO pay

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

Charles Bunch topped the list of the 35 highest-paid CEOs at publicly traded North America-based automotive companies for the second year in a row in 2014. The list reflects rising industry fortunes and stock prices.... Read More »

Waiting for a Volvo XC90? Rent an XC60 cheap

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

Committed buyers of the 7-passenger Volvo XC90 can ease their wait for delivery by choosing a new 5-seat XC60 from their Volvo dealer's inventory and renting it from Enterprise at a rate subsidized by Volvo.... Read More »

Why the seat king wants out of the seat business

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

Johnson Controls is the world's biggest producer of complete seats. So why is CEO Alex Molinaroli putting the company's seating operation and interiors unit up for sale?... Read More »

Automotive electronics vet to lead Visteon

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

As Visteon Corp. transforms into strictly a supplier of automotive electronics, it will be led by a veteran in that field.... Read More »

Toyota nears Plan B for parts supply

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

Toyota Motor Corp. says it has nearly completed its census of hundreds of North American suppliers, part of the automaker's effort to identify bottlenecks that could threaten production if a particular factory were hit by flood, fire or storm.... Read More »

Need a prototype part? Send an email to the 3-D printer

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

3-D printing, which uses a type of plastic powder and technology similar to an inkjet printer, has made it possible for FCA engineers to get a prototype part made within 24 hours. That kind of speed - never before consistently possible in the auto industry - dramatically reduces development costs.... Read More »

GM-FCA merger speculation prompts restriction on analyst, report says

2:00 pm U.S. ET | June 13, 2015

Morgan Stanley restricted coverage of General Motors and Fiat Chrysler Automobiles NV by analyst Adam Jonas because GM, a longstanding advisory client, disclosed that FCA approached it about a merger, two people familiar with the matter told Bloomberg.... Read More »

Czech car industry revenue rises 15% to new record in 2014

June 12, 2015 21:05 CET

The Czech car sector's revenue rose 15 percent to a record 991 billion crowns ($41 billion) in 2014, the country's Automotive Industry Association (AutoSAP) said, helped by a big increase in overall local production by automakers such as Skoda, Hyundai, Toyota and PSA.... Read More »

Honda confirms 7th death from Takata airbags

2:03 pm U.S. ET | June 12, 2015

American Honda confirmed today that a Takata airbag explosion was behind the April death of a Louisiana woman, bringing the number of deaths linked to defective airbags from Takata to seven.... Read More »

Honda will take further charges of $363 million for Takata airbag recalls

7:14 am U.S. ET | June 12, 2015

Honda said it would restate its financial results for the last business year, to account for $363 million in additional costs to pay for an expanded recall of cars equipped with Takata airbag parts.... Read More »

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