Suppliers

BMW CEO Reithofer sees challenges mounting for his successor

March 4, 2015 21:46 CET
The new boss of BMW Group, Harald Krueger, will have to cope with the rise of electric cars, automated driving and new competitors, as well as the traditional uncertainties over consumer demand and fuel prices, the company's outgoing CEO, Norbert Reithofer, said.... Read More »

 

ZF-TRW deal to be approved by EU regulators, report says

1:48 pm U.S. ET | March 4, 2015
EU antitrust regulators are expected to clear German car parts maker ZF Friedrichshafen's $13.5 billion bid for US peer TRW Automotive Holdings with conditions, two people with knowledge of the matter told Reuters today.... Read More »

 

2015 GENEVA AUTO SHOW

Fiat's Mazda-based roadster will be called the 124 Spider

March 4, 2015 14:24 CET
Fiat Chrysler CEO Sergio Marchionne revealed that Fiat will call its new Mazda-based roadster the 124 Spider, reviving a name from the 1960s. The roadster will be based on the Miata MX-5.... Read More »

 

Apple explores resolution of A123 Systems’ poaching suit

6:59 am U.S. ET | March 4, 2015
Apple said it’s exploring a potential resolution of a lawsuit in which it’s accused of poaching employees from a lithium ion battery maker amid reports that it’s trying to develop an electric car.... Read More »

 

Weather delays VW shipments as Honda production gets back on track

11:39 am U.S. ET | March 3, 2015
As Honda production affected by West Coast ports labor disputes returns to normal, Volkswagen’s East Coast shipments have been delayed.... Read More »

 

Apple seen emerging as serious competitor by auto executives

9:09 am U.S. ET | March 3, 2015
Auto executives are taking seriously the prospect that Apple and Google will emerge as competitors even as they consider partnering with the two.... Read More »

 

Daimler's Zetsche sees opportunity from convergence with tech firms

March 3, 2015 14:33 CET
Daimler is not afraid of new competitors from the technology and telecoms industries such as Google and Apple, CEO Dieter Zetsche said, adding that there is a tremendous opportunity for cooperation.... Read More »

 

Toyota, Ford frustrated by rail car shortage

7:05 am U.S. ET | March 3, 2015
Railroad companies are struggling to keep up with surging US demand for trucks and SUVs, frustrating Ford and Toyota.... Read More »

 

Kobe Steel considers $800 million U.S. aluminum plant for auto suppliers

6:41 am U.S. ET | March 3, 2015
Kobe Steel, supplier of aluminum sheet to half of Japan’s auto industry, is considering building a 100 billion yen ($832 million) plant in the U.S. to expand sales to Japanese carmakers operating in North America.... Read More »

 

Takata says tests show airbag failures occur in older vehicles in hot regions

3:51 pm U.S. ET | March 2, 2015
Takata said today that its ongoing tests of recalled airbag inflators have supported the company's view that failures are most likely to occur in older vehicles in hot, humid regions.... Read More »

 

NXP to buy Freescale in $11.8 billion deal for automotive microchips

2:29 pm U.S. ET | March 2, 2015
Dutch chipmaker NXP Semiconductors NV said today it will pay $11.8 billion to acquire Texas-based Freescale Semiconductor. NXP has succeeded where other European chipmakers have struggled by focusing on products for the auto industry and mobile payments.... Read More »

 

ElringKlinger may cancel EV contract

March 2, 2015 15:14 CET
German supplier ElringKlinger says it may terminate a contract to supply a major customer with components for electric cars to halt continued losses at its E-Mobility business.... Read More »

 

Apple car rumors fuel debate on future vehicles

March 2, 2015 10:53 CET
Reports that Apple may be building a car have got established automakers wondering whether they are still in pole position to build the car of the future and will likely fuel debate at this week's Geneva auto show on the role of tech companies in the future of carmaking.... Read More »

 

2015 GENEVA AUTO SHOW

Magna Steyr to debut hybrid sports car concept

March 2, 2015 11:30 CET
Magna Steyr will debut a concept sports car at the Geneva auto show this week. The Mila Plus hybrid is powered by a three-cylinder gasoline engine paired with two electric motors that produce a combined 270 hp.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Check out the ANE e-magazine for March

March 2, 2015 06:01 CET
The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, March 2. This month's edition looks why ultraluxury brands such as Bentley, Lamborghini, Rolls-Royce and Maserati are poised to keep experiencing unprecedented success.... Read More »

 

Airbag-safety vet leads hunt for Takata clues

12:01 am U.S. ET | March 2, 2015
David Kelly, the former federal auto safety regulator chosen to coordinate automakers' investigation into Takata airbag explosions, is no stranger to the issue of airbags endangering lives they're designed to save.... Read More »

 

Yamaha plans 2-seat car for Europe, source says

Feb. 27, 2015 10:06 CET
Japanese motorcycle maker Yamaha aims to start making and selling two-seat cars in Europe as early as 2019, a person familiar with the plan told Reuters on Friday.... Read More »

 

2015 GENEVA AUTO SHOW

SsangYong Tivoli will join expanding small SUV segment

Feb. 27, 2015 06:01 CET
SsangYong will enter the booming subcompact SUV segment in Europe with the Tivoli. The car will compete with models such as the Nissan Juke and Renault Captur, SsangYong said.... Read More »

 

CAR CUTAWAY

Novelis helps make the Jaguar XE lean and green

12:01 am U.S. ET | Feb. 27, 2015
Novelis plays a key role in the new Jaguar XE's aluminum-intensive monocoque structure. The XE also is the first Jaguar to use an electric power steering system supplied by ZF.... Read More »

 

U.S. Senate panel OKs auto industry whistleblower incentive

1:18 pm U.S. ET | Feb. 26, 2015
A measure that would offer financial incentives for auto industry employees to expose safety defects won unanimous backing from a US Senate panel today.... Read More »

 

Automakers choose aerospace firm to run Takata airbag tests

10:54 am U.S. ET | Feb. 26, 2015
A consortium of 10 automakers formed to investigate the root cause behind Takata airbag inflator ruptures said today they have selected Orbital ATK to test the supplier's troubled inflators on their behalf.... Read More »

 

Federal-Mogul delays split into two public companies

9:58 am U.S. ET | Feb. 26, 2015
Federal-Mogul, the powertrain and aftermarket parts supplier controlled by Wall Street investment mogul Carl Icahn, said this week it will delay a prior plan to split into two separate public companies during the first half of this year.... Read More »

 

U.S. orders Takata to preserve airbag inflators for federal probe

4:39 pm U.S. ET | Feb. 25, 2015
A federal safety regulator on Wednesday ordered troubled Japanese supplier Takata to preserve all airbag inflators removed through a recall process as evidence for a federal investigation and private litigation cases.... Read More »

 

Magna cuts sales forecast on weak Europe demand, approves stock split

7:01 am U.S. ET | Feb. 25, 2015
Canadian auto parts maker Magna International Inc. cut its revenue forecast for 2015, hurt by weak demand from Europe.... Read More »

 

Valeo sees further profit gain after beating 2014 goal

Feb. 25, 2015 10:33 CET
Valeo is targeting a further boost in profitability this year after exceeding its 2014 goals on strong demand for emissions-cutting technologies and intuitive driving systems. The company's operating profit margin rose to 7.2 percent last year beating a 7 percent goal.... Read More »

 

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