SuppliersAmerican Axle hopes demolition of Detroit complex will spark interest in property 12:21 pm U.S. ET | June 18, 2013  American Axle & Manufacturing's historic Detroit Manufacturing Complex is set for demolition as the supplier pushes forward with a new plan to unload the shuttered property.... Read More »
JCI turns to private equity to sell auto electronics unit, report says 6:40 pm U.S. ET | June 17, 2013  Johnson Controls is speaking to private equity firms about selling its roughly $1 billion automotive electronics unit, after buyout interest from several rival auto parts suppliers faltered, according to several people familiar with the matter.... Read More »
GM goes dark on output stats, causes stir 12:01 am U.S. ET | June 17, 2013  General Motors' decision to stop publicly disclosing monthly production numbers has touched off concern among industry analysts and economists, as well as suppliers that rely on the data for their production plans.... Read More »
AUTOMOTIVE NEWS EUROPE E-MAGAZINE Peugeot, Seat, Ford push LED headlamps into European mass marketJune 17, 2013 06:01 CET  When Peugeot launches its new 308 at the Frankfurt auto show in September it will become the first automaker in Europe to offer full-LED headlamps as standard in the majority of the compact's trim lines. This is a big leap for the technology, which for years was only available on high-end models such as the Audi R8 and Mercedes-Benz CLS because of it costs about three times as much as comparable xenon lights.... Read More »
SiriusXM offers trial to service customers 12:01 am U.S. ET | June 17, 2013 SiriusXM Radio is launching a program this summer that allows dealers to offer a complimentary two-month SiriusXM subscription to qualifying service customers.... Read More »
EDITORIAL Jury's out on hands-free 12:01 am U.S. ET | June 17, 2013 As Apple squares off with Microsoft to determine which will become the dominant operating system for in-vehicle infotainment programs, there is another factor to consider. A study backed by AAA and conducted by the University of Utah found that some hands-free functions can be nearly as distracting to drivers as talking on a hand-held cellphone.... Read More »
Pop the clutch? Not with Bosch system 12:01 am U.S. ET | June 17, 2013  Any parent who has taught a kid to drive a stick knows the problem: When the clutch comes up too slowly, the engine stalls; too fast and there's lurching, angst and potential whiplash. Bosch thinks it has a solution.... Read More »
With Polk deal, IHS expands auto data empire 12:01 am U.S. ET | June 17, 2013  One of the best-known and longstanding names in automotive data, R.L. Polk, is being absorbed into one of the fastest-growing research firms, IHS Automotive.... Read More »
Lieblein leads GM's bid to cut costs while rolling out new products 12:01 am U.S. ET | June 17, 2013  How can an auto company save money while introducing 18 new or refreshed vehicles in 12 months? General Motors must answer that question if the company is to achieve CEO Dan Akerson's goal of increasing profits and widening profit margins this year and next. And the executive who must provide a lot of the answers is Grace Lieblein, 52, GM's purchasing boss.... Read More »
Q&A: JEAN-MARC GALES, CLEPA Global footprint, tech prowess buoy European suppliers 12:01 am U.S. ET | June 17, 2013  Europe is in a deep slump, but many suppliers in the region are adding business because of their global footprints. The key for Europe's parts makers is technology, says Jean-Marc Gales, CEO of CLEPA, a European supplier trade association.... Read More »
Q&A: PETER GUTZMER, SCHAEFFLER AG Schaeffler exec: Suppliers will play bigger role in engines 12:01 am U.S. ET | June 17, 2013 
Quick-swipe plan removes pain from pairing a phone 12:01 am U.S. ET | June 17, 2013  Tired of plowing through a 300-page owner's manual to pair your smartphone with the infotainment system in the rental car you just picked up? There may be a solution. A Finnish software designer is adapting a technology called NFC to allow motorists to pair smartphones simply by swiping the phones against the instrument panel.... Read More »
Battery maker Exide files for bankruptcy 12:01 am U.S. ET | June 17, 2013  Time ran out last week for Exide Technologies, the 125-year-old battery maker once led by longtime auto industry executive Bob Lutz. With its Vernon, Calif., lead-recycling plant shut down since April by California environmental regulators and unable to restructure quickly enough, the company filed for Chapter 11 bankruptcy protection.... Read More »
Spain's CIE and India's Mahindra agree on deal to create major supplierJune 15, 2013 17:56 CET  Spain's CIE Automotive will buy a majority stake in the combined auto component unit of India's Mahindra Group to create a new company that will become one of the top 25 global suppliers, with annual sales of $3 billion and operations from North America to Asia.... Read More »
Toyota targets fewer parts, complexity to speed product creation 12:01 am U.S. ET | June 15, 2013  Toyota has decided it no longer needs 50 kinds of air bags to protect drivers' knees. Ten, the company says, ought to suffice. In one of President Akio Toyoda's biggest initiatives since taking over in 2009, the company is winnowing the number of parts it uses and increasing common components across models.... Read More »
2013 AUTOMOTIVE NEWS EUROPE CONGRESS Tougher emissions goal will give Europe a technology lead, experts sayJune 14, 2013 10:54 CET Europe needs tougher vehicle emissions regulation to give it a technology lead, industry executives and political insiders said at the 2013 Automotive News Europe Congress.... Read More »
Supplier IAC files for $115 million IPO 7:36 pm U.S. ET | June 14, 2013  International Automotive Components Group, backed by billionaire U.S. investor Wilbur Ross, filed with U.S. regulators on Friday to raise up to $115 million in an initial public offering of common stock.... Read More »
Nexteer Automotive launches up to $325 million stock offer 11:54 am U.S. ET | June 14, 2013  Nexteer Automotive, the world's fifth-largest supplier of steering systems, today began launching an initial public stock offering worth up to $325 million in Hong Kong, braving a volatile local stock market and tepid demand for new stock listings here.... Read More »
AUTOMOTIVE NEWS EUROPE E-MAGAZINE Tech edge, global reach help European suppliers, CLEPA boss saysJune 14, 2013 06:01 CET  Europe is in a deep slump but the head of the region's suppliers group says many partsmakers are growing their businesses because of their global footprints. Another key for Europe's component makers is to maintain their lead on technology, CLEPA CEO Jean-Marc Gales says.... Read More »
Apollo's second offer to buy Cooper creates new global tire giant 11:59 am U.S. ET | June 13, 2013  Apollo Tyres' $2.5 billion offer to buy Cooper Tire & Rubber, announced this week, wasn't the first time the Indian company tried to acquire the American tire producer. Now the combined company promises to be a major player in the world tire business, with numerous connections to automakers.... Read More »
Dealers can offer free SiriusXM trial to service customers 11:05 am U.S. ET | June 13, 2013  SiriusXM Radio is launching a program this summer that allows dealers to offer a complimentary two-month SiriusXM subscription to qualifying service customers.... Read More »
2013 AUTOMOTIVE NEWS EUROPE CONGRESS Investors pick VW and BMW as crisis winners in EuropeJune 12, 2013 12:27 CET Investors have picked Volkswagen Group and BMW as the winners in a European automotive market that will continue to decline, Morgan Stanley analyst Stuart Pearson said.... Read More »
2013 AUTOMOTIVE NEWS EUROPE CONGRESS Jaguar Land Rover, ZF, Tesla are 2013 L.E.A.D.E.R. winnersJune 12, 2013 18:00 CET  Jaguar Land Rover, ZF Friedrichshafen and Tesla are the 2013 winners of the fourth annual Automotive News Europe/Automotive Intelligence Center L.E.A.D.E.R. awards.... Read More »
India's Apollo Tyres to buy Cooper Tire for $2.5 billion 9:57 am U.S. ET | June 12, 2013  India's Apollo Tyres is buying American tire producer Cooper Tire & Rubber in an all-cash deal valued at $2.5 billion, or about a 40-percent premium over the 30-day average price of Cooper's stock.... Read More »
Apple's connected car move creates challenge for automakers, analysts say 3:43 pm U.S. ET | June 12, 2013  Apple wants to invade automotive instrument panels by making its iOS mobile operating system accessible on vehicle screens. The initiative, which Apple discussed publicly this week, creates a challenge for automakers, who want to keep up with the latest connected-vehicle technologies but still control the overall experience with their own operating systems.... Read More »
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 Dealer O.C. Welch's big-truck turnaroundAfter Mercury's demise, South Carolina Ford-Lincoln dealer O.C. Welch had to find a way to replace lost revenue. He decided to load up on Super Duty pickups – and sell them online. Mon., June 17» Watch the Video |
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