Suppliers

Valeo's self-driving systems learn from military drones

12:01 am U.S. ET | March 28, 2015

Valeo plans to draw on drone software and other military technologies from partner Safran to offer self-driving vehicle platforms to carmakers by the end of the decade.The French supplier said the first applications may reach automaker customers within three years.... Read More »

Cadillac CT6 to pack 34-speaker Bose sound system

3:20 pm U.S. ET | March 27, 2015

Cadillac's new flagship sedan will come with a new sound system that will leave nothing uncovered inside the cabin.... Read More »

Tesla presses Japanese battery suppliers to innovate, take risks

12:19 pm U.S. ET | March 27, 2015

A Tesla executive courted partners in Japan for its so-called gigafactory, praising local companies for top-notch quality and technology while cautioning against slow decision-making and risk aversion.... Read More »

Valeo's self-driving systems learn from military drones

March 27, 2015 17:55 CET

Valeo plans to draw on drone software and other military technologies from partner Safran to offer self-driving vehicle platforms to carmakers by the end of the decade.The French supplier said the first applications may reach automaker customers within three years.... Read More »

Pirelli CEO sees strong future with ChemChina, no talks on counterbid

March 27, 2015 12:07 CET

Pirelli has a strong future with China National Chemical Corp. and is not talking to others about a possible counterbid, CEO Marco Tronchetti Provera said. ChemChina agreed to become the majority owner of the world's fifth-largest tire maker in an $8 billion deal. The market speculated that Bridgestone could be putting together a counterbid.... Read More »

Takata sued in Canada over airbag-related vehicle recalls

6:31 am U.S. ET | March 27, 2015

Takata, the Japanese supplier whose airbags have been linked to six fatalities globally, has been sued in Canada in three separate cases, it said in a statement today.... Read More »

Pininfarina investor confirms India's Mahindra is interested in buying Italian design company

March 26, 2015 11:39 CET

Pininfarina's controlling shareholder, Pincar, confirmed that India's Mahindra & Mahindra has expressed interest in buying the Italian car designer. Mahindra is one of heavily indebted Pininfarina's most important customers.... Read More »

Denso, NGK fined by S. Korea for price-fixing

2:46 pm U.S. ET | March 26, 2015

South Korea's antitrust regulator will fine five auto parts firms, including Japan's Denso, NGK Spark Plug and their local units, a total of $3.2 million for fixing prices and rigging bids for engine parts.... Read More »

Alcoa receives committment for $259 million U.S. loan to expand aluminum output

12:01 am U.S. ET | March 26, 2015

The U.S. Department of Energy has offered a conditional commitment to lend Alcoa Inc. $259 million to expand automotive aluminum sheet production capacity at the supplier's Tennessee factory, reviving a long-dormant loan program to support the development of energy-efficient vehicles.... Read More »

Toyota targets big savings in factory, product-development spending

12:30 am U.S. ET | March 26, 2015

Toyota outlined bold savings targets in factory investment and vehicle development, along with gains in fuel efficiency, through an aggressive restructuring being launched this year. The overhaul, part of a switch to new modularized product platforms, has been years in the making and is designed to fuel the company's expansion.... Read More »

Schaeffler's 2014 profit rises by more than half

March 26, 2015 13:09 CET

German part supplier Schaeffler said its operating profit jumped by more than 50 percent to 1.52 billion euros ($1.67 billion) in 2014 because of robust demand for cars in U.S. and China. Its operating margin climbed to 12.6 percent in 2014 from 9.0 percent in 2013.... Read More »

Delphi employees killed in France plane crash

March 25, 2015 12:26 CET

Two Spain-based Delphi employees were among the 150 victims of a plane crash in a remote part of the French Alps. The employees were traveling to a meeting in Germany.... Read More »

New generation of cheaper batteries adds power to hybrids, cut fuel use

12:01 am U.S. ET | March 25, 2015

A new generation of hybrid cars that combine electric and gas power in new ways are emerging as a low-cost alternative for automakers and consumers as batteries get cheaper and more efficient. The new microhybrid systems are coming on line just as automakers face a U.S. goal of 54.5 miles per gallon on average by 2025.... Read More »

Detroit Diesel to invest $208 million in Mich. plant upgrades, create 245 jobs

10:04 am U.S. ET | March 25, 2015

Detroit Diesel Corp. plans to upgrade its nearly 75-year-old manufacturing plant in suburban Detroit. The manufacturer of diesel engines is expected to invest $208 million to add new machinery and equipment for a new medium-duty diesel engine line, creating an anticipated 245 jobs.... Read More »

TRW in talks with India’s Amtek to sell suspension business, reports say

10:29 am U.S. ET | March 25, 2015

Amtek Auto, an Indian car parts maker, is among companies in talks to acquire TRW's suspension business, people familiar with the matter said.... Read More »

Former GM Europe chief Forster will lead UK taxi builder

March 25, 2015 06:01 CET

Auto industry veteran Carl-Peter Forster, who once headed GM Europe and Tata Motors, is new board chairman at London Taxi Company, which builds the UK's iconic black cabs.... Read More »

India's Mahindra said to be in talks to buy car designer Pininfarina

7:49 am U.S. ET | March 25, 2015

Mahindra & Mahindra, India's largest maker of SUVs, is in talks to buy Italian auto design and engineering company Pininfarina SpA, people familiar with the matter told Bloomberg.... Read More »

Honda hires U.S. engineering firm Exponent to investigate Takata airbags

6:21 am U.S. ET | March 23, 2015

Honda has hired Exponent, a U.S. engineering consulting company enlisted by Toyota during its recall crisis in 2010, to investigate the cause of ruptures in some airbags made by Takata.... Read More »

Pirelli to be bought by ChemChina in $7.7 billion deal

March 23, 2015 09:37 CET

China National Chemical will buy into Pirelli in a $7.7 billion deal that would place one of the symbols of Italy's manufacturing industry in Chinese hands. But the bid may turn into a protracted takeover battle.... Read More »

An Audi obstacle, and a lesson in creating self-driving cars

12:01 am U.S. ET | March 23, 2015

The tale of an Audi prototype and a piece of desert tumbleweed illustrates one of the most daunting challenges in designing self-driving cars: teaching them to deal with the unexpected. It’s all part of the field of “deep learning,” which aims to train computers to process data in a way that mimics the human brain.... Read More »

Is a focused, all-in Visteon now stable?

12:01 am U.S. ET | March 23, 2015

When Tim Leuliette steps down as CEO of Visteon Corp. late this year, he will leave behind a company working in just one major product sector: cockpit electronics. That's a radical change for Ford Motor Co.'s former in-house parts division, which had a vast, disjointed product portfolio.... Read More »

Honda recalls 104,000 vehicles for inflators

12:01 am U.S. ET | March 23, 2015

Honda Motor Co. last week added more than 100,000 vehicles in the U.S. to existing recalls for flawed airbag inflators made by Takata Corp.... Read More »

EDITORIAL

Automakers must learn to be better supplier customers

12:01 am U.S. ET | March 23, 2015

It's no secret that automakers are striving to obtain advanced features from suppliers before their rivals get them.... Read More »

IT'S ABOUT TIME

Automakers see Apple Watch as chance to widen acceptance of connected-car features

12:01 am U.S. ET | March 23, 2015

Smartwatches are in their early days, but automakers see the rollout of the Apple Watch as a seminal moment. If any company has the clout to make smartwatches desirable to the masses, clearing the way for automakers to pitch new connected-car features, they say, it is the company that invented the iPod and iPhone.... Read More »

Why a Japanese supplier is upping its game

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

Aisin Seiki, the world's fifth biggest auto supplier, is doubling the size of its global design division as it expands into new products and targets new customers.... Read More »

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