Suppliers

THE SUPPLIER SPEAKS

American Axle's push to diversify drives growth

12:01 am U.S. ET | July 21, 2014
CEO David Dauch continues his father's quest to diversify American Axle & Manufacturing Inc.... Read More »

 

Volvo, ABB to develop fast-charging buses

7:22 am U.S. ET | July 21, 2014
Swiss engineering group ABB and Volvo said they were setting up a global partnership to co-develop and commercialize electric and hybrid buses with fast-charging systems.... Read More »

 

EDITORIAL

Auto supplier consolidation: Caution advised

12:01 am U.S. ET | July 21, 2014
ZF Friedrichshafen's bid to acquire safety specialist TRW Automotive raises questions about where automotive suppliers are headed.... Read More »

 

LETTER TO THE EDITOR

1 great leader can turn GM around

12:01 am U.S. ET | July 21, 2014
Great leaders of other large, struggling companies have demonstrated conclusively that GM is just one great leader away from regaining and surpassing its former greatness.... Read More »

 

BMW open to sharing battery technology

12:01 am U.S. ET | July 21, 2014
BMW is open to sharing with rival automakers the electric-vehicle battery cell technology it co-developed with Samsung SDI.... Read More »

 

DAVID SEDGWICK

Pressure builds on suppliers to team up

12:01 am U.S. ET | July 21, 2014
If the ZF-TRW alliance is going to create a product portfolio for collision avoidance and driverless vehicles, the r&d budget will make or break it.... Read More »

 

THE SUPPLIER SPEAKS

Valeo boosts its N.A. r&d with hundreds of engineers

12:01 am U.S. ET | July 21, 2014
French supplier Valeo SA is hiring hundreds of engineers in North America and is opening an office in Silicon Valley.... Read More »

 

Renault puts more focus on India, Iran

July 20, 2014 06:01 CET
Renault is splitting its Asia Pacific region in two to help boost sales growth in India and the Middle East. Renault expects China and India will become the world's two leading economies within the next 20 years.... Read More »

 

ZF needs TRW's tech know-how, CFO says

8:54 am U.S. ET | July 19, 2014
ZF Friedrichshafen believes buying TRW Automotive would give it a better foothold in the market for self-driving and connected cars, its finance chief told a German paper.... Read More »

 

Tire makers roll into South Carolina

12:01 am U.S. ET | July 19, 2014
South Carolina became the nation's leading tire producer in the fourth quarter last year with estimated daily output of 89,000 tires, edging Oklahoma's 88,000 units.... Read More »

 

LG Chem targets EV batteries with range of more than 200 miles in 2016

1:19 pm U.S. ET | July 18, 2014
South Korean supplier LG Chem plans to supply batteries for electric vehicles that can travel more than 200 miles, or 321 kilometers, per charge in 2016, its CFO said on Friday.... Read More »

 

Mitsubishi to recall some 2004-05 Lancer sedans in U.S. with defective Takata airbags

9:58 am U.S. ET | July 18, 2014
Mitsubishi Motors is recalling cars made with Takata Corp. airbags in Florida, Hawaii, Puerto Rico and the U.S. Virgin Islands. Mitsubishi is one of nine automakers to say it will conduct a recall that includes those areas.... Read More »

 

Takata to book $440 million special loss for wave of recalls

7:25 am U.S. ET | July 18, 2014
Takata will book a special loss of around $440 million in the April-June quarter after several automakers recalled vehicles due to potential problems with the supplier's airbags. The cost of the recalls could increase if a safety probe in the United States finds evidence that driving in high humidity increases the risk of the airbags exploding, or if automakers decide to expand the recalls beyond certain U.S. regions.... Read More »

 

Continental Structural Plastics to buy 5 plants from Magna

10:28 am U.S. ET | July 18, 2014
Continental Structural Plastics signed a definitive agreement to acquire five North American plants from Magna International.... Read More »

 

JCI profits fall on restructuring charges

8:46 am U.S. ET | July 18, 2014
Johnson Controls' fiscal third-quarter earnings slid 68 percent as restructuring and other charges offset a modest rise in revenue.... Read More »

 

ZF can hike offer for TRW as high as $13 billion, report says

10:49 am U.S. ET | July 17, 2014
ZF Friedrichshafen, moving to acquire TRW Automotive, has been told by lenders that financing is available for a higher all-cash bid which could value the U.S. company at as much as $13 billion, people with knowledge of the matter said, Bloomberg reported.... Read More »

 

Penske Automotive hikes cash dividend again

11:54 am U.S. ET | July 16, 2014
Penske Automotive Group raised its quarterly cash dividend to 20 cents per share from 19 cents.... Read More »

 

VW sets sights on Apple-like model updates with speed task force

1:04 pm U.S. ET | July 16, 2014
VW plans to mimic the fast-paced rollouts of products made by the likes of Apple to adapt quicker to changing customer demands for technology in its cars.... Read More »

 

Visteon transferring $350 million in pension assets to Prudential

1:40 pm U.S. ET | July 16, 2014
Visteon entered into an agreement to transfer a portion of its U.S. pension assets to Prudential Insurance of America as part of its ongoing restructuring.... Read More »

 

Nissan latest automaker to suspend South Africa production amid strike

8:18 am U.S. ET | July 16, 2014
Nissan joined carmakers including Toyota and Ford in halting production in South Africa as a strike by metalworkers cut auto-component supplies.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Experts disagree on how to handle massive data from self-driving cars

July 16, 2014 06:01 CET
Experts have differing views on what to do with the mountain of data that is likely to be generated by autonomous vehicles when computers control much of our cars' functions in the future.... Read More »

 

THE GM RECALL

GM revises way legal staff handles safety suits

9:35 pm U.S. ET | July 15, 2014
GM has hired an outside legal firm to review the company's litigation practices and has revised the way it handles civil lawsuits so that cases involving serious injuries or deaths will be reviewed by the company's general counsel and engineering staffs, GM's top lawyer plans to tell a Senate panel on Thursday.... Read More »

 

BMW open to sharing battery technology with rivals

July 15, 2014 09:52 CET
BMW is open to sharing with rival automakers the EV battery cell technology it co-developed with Samsung SDI. Sharing the technology would reduce the cost of the battery cells -- the most expensive part of an electric vehicle.... Read More »

 

Sales staff gets more responsibility, higher pay

12:01 am U.S. ET | July 14, 2014
Sonic Automotive began preparing its staff for the transition to its One Sonic-One Experience initiative years ago when it launched its playbooks, or guides for how to sell used cars, new cars, finance and insurance products and so on.... Read More »

 

Shoppers wary of dealer loans

12:01 am U.S. ET | July 14, 2014
Although most car buyers finance their vehicles through dealerships, the vast majority don't plan to do so while in the online-research phase of shopping.... Read More »

 

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