Suppliers

Continental's finance chief calls China stock effect an 'overreaction'

Sept. 4, 2015 12:31 CET

Continental's finance chief, Wolfgang Schaefer, called last week's China-related global stock slide an "overreaction" and said he still sees growth in the nation's auto industry next year.... Read More »

NGK Insulators to pay $65.3 million U.S. fine for price-fixing, obstruction

3:11 pm U.S. ET | Sept. 3, 2015

Japanese auto supplier NGK Insulators has agreed to plead guilty and pay a $65.3 million fine for fixing prices of automotive parts and attempting to obstruct the ongoing global investigation into auto parts bid rigging, the U.S. Department of Justice said today.... Read More »

Takata settles U.S. patent infringement case for airbag sensors

2:48 pm U.S. ET | Sept. 3, 2015

Two units of Japanese auto supplier Takata are settling a six-year patent infringement dispute with International Electronics & Engineering and its Detroit area subsidiary for $1.1 million.... Read More »

Alcoa plans new r&d center for advanced 3D printing processes

11:45 am U.S. ET | Sept. 3, 2015

Metals company Alcoa said today it will invest $60 million to expand its r&d center in Pennsylvania to explore ways to make 3D printing viable on an industrial scale to produce parts for the aerospace, automotive and construction sectors.... Read More »

Lear buys downtown Detroit office building

10:16 am U.S. ET | Sept. 3, 2015

Seating and electronics suppler Lear has purchased a 50,000-square-foot building in downtown Detroit for an undisclosed price.... Read More »

Navistar reports a surprise Q3 loss amid U.S. investigation

2:52 pm U.S. ET | Sept. 2, 2015

Navistar International, the truck- and engine-maker that counts Carl Icahn as its biggest investor, posted a slight third-quarter loss when analysts had projected a profit.... Read More »

Chinese supplier CW Bearing to build new U.S. headquarters near Detroit

6:50 am U.S. ET | Sept. 2, 2015

CW Bearing USA will invest $25.9 million to build a new U.S. headquarters and technical center in suburban Detroit, Michigan Gov. Rick Snyder’s office said.... Read More »

U.S. drops estimates for vehicles equipped with defective Takata airbags by 36%

4:16 pm U.S. ET | Sept. 1, 2015

U.S. auto safety regulators now believe about 19.2 million U.S. vehicles are covered by the recalls for Takata airbag inflators that can explode in a crash, 36 percent fewer than were thought earlier this summer to carry the defective parts.... Read More »

Germany's Kiekert buys out Chinese partner

Sept. 1, 2015 13:02 CET

Kiekert, a global supplier of automotive locks, has acquired full ownership of China's Henan North Xingguang Locking Systems Co., a manufacturer of door, hood and trunk locks.... Read More »

Grupo Antolin completes purchase of Magna interiors unit

1:33 pm U.S. ET | Aug. 31, 2015

Grupo Antolin closed on its acquisition of Canadian auto supplier Magna International Inc.’s interiors operations today in a deal valued at about $525 million.... Read More »

Automakers' high tech collects dust

12:01 am U.S. ET | Aug. 31, 2015

According to J.D. Power's first Driver Interactive Vehicle Experience Report, at least 20 percent of new-vehicle owners never have used 16 of the 33 technology features measured.... Read More »

Denso goes green with center to grow algae-based biofuel

12:01 am U.S. ET | Aug. 31, 2015

Toyota-affiliated supplier Denso, better known for its fuel injectors, air-conditioners and electronics, will open a large testing center in Japan to develop biofuel from algae.... Read More »

Toyota's top suppliers prepare a tech blitz

12:01 am U.S. ET | Aug. 30, 2015

Toyota's top suppliers are readying a host of advanced technologies for their No. 1 customer, including steer-by-wire systems, grille shutters, more efficient regenerative braking and new automatic transmissions.... Read More »

Will automakers go for Gorilla Glass?

12:01 am U.S. ET | Aug. 29, 2015

Gorilla Glass, the tough, lightweight, scratch-resistant glass made by Corning and used on the screens of billions of smartphones and tablets, is getting closer to being used in windshields and other glass apertures of light vehicles.... Read More »

GM's Duramax V-8 engine to power U.S. Army's Humvee replacement

1:45 pm U.S. ET | Aug. 28, 2015

GM's powertrain division will supply the engine for the successor to the Army's Humvee -- a deal that could see GM deliver as many as 55,000 diesel V-8 engines. The new Joint Light Tactical Vehicle, to be built by Oshkosh Defense, will be powered by a military specification version of the Duramax turbodiesel V-8 used in GM's heavy-duty pickups.... Read More »

Bosch acquires U.S. electric car battery developer Seeo

9:43 am U.S. ET | Aug. 28, 2015

German auto supplier Robert Bosch has bought Seeo, a California-based company that has developed next-generation lithium-ion batteries that could double the range of electric cars.... Read More »

ZF says TRW integration on track, sees stable profits despite China slowdown

Aug. 27, 2015 13:01 CET

ZF Friedrichshafen said the integration of rival TRW is progressing well and it expected full-year sales and profits to remain stable despite a slowing Chinese economy. Unlisted ZF released its first-half results for the first time in its history.... Read More »

T.RAD, Fujikura settle U.S. price-fixing civil litigation

3:21 pm U.S. ET | Aug. 26, 2015

T.RAD and Fujikura are the latest to agree to civil settlements linked the ongoing U.S. criminal antitrust investigation into automotive supplier fixing. Attorney Hollis Salzman of the Robins Kaplan law firm in New York represented a group of more than 50 individuals who purchased or leased a new vehicle containing auto parts at issue in the federal litigation.... Read More »

Toyota tests potential alternatives to Takata airbag inflators

Aug. 25, 2015 10:54 CET

Toyota said it is testing airbag inflators made by Autoliv and Nippon Kayaku as possible alternatives to potentially lethal parts supplied by Takata. Toyota said it wanted to ensure the parts were compatible with its vehicles.... Read More »

Cox working way toward broader role in auto retail

12:01 am U.S. ET | Aug. 24, 2015

Cox Automotive, parent of Autotrader.com, Kelley Blue Book and other well-known brands, wants to cross-pollinate its units' tools. In doing so, Cox, along with other so-called third-party vendors, is seeking to navigate its way to a larger role in auto retailing. But missteps in doing so can easily alienate those vendors' dealer partners, as Cox discovered recently.... Read More »

Rare mascots are something to crow about

12:01 am U.S. ET | Aug. 24, 2015

Du Pont Motors represented a fairly significant portion of awesome mascots - that's hood ornaments - on the show field at Pebble Beach. There were a handful of rare, coveted Lalique eagles on display, along with one Lalique rooster... Read More »

PLANT LIFE - PART 3

The Missouri job shop behind Toyota's makeover

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

Toyota's New Global Architecture strategy is launching at Bodine, the old Missouri casting company Toyota bought 25 years ago.... Read More »

Tesla engineer joins Apple's growing team of automated car experts

2:53 pm U.S. ET | Aug. 21, 2015

Apple has hired a senior engineer from Tesla, according to a LinkedIn posting, as part of Apple's effort to build a team of experts in automated driving.... Read More »

Zetsche mulls cooperation with Apple, Google, report says

8:03 am U.S. ET | Aug. 21, 2015

Daimler's CEO said "different types" of cooperation with Apple and Google are possible as carmakers realize next-generation autos cannot be built without greater input from telecoms and software experts.... Read More »

Toyota may buy replacement airbag inflators from three Takata rivals

7:24 am U.S. ET | Aug. 21, 2015

Toyota, recalling about 12 million vehicles worldwide to replace Takata airbags, said it may tap three additional suppliers to boost supply of the components. The automaker said today it is considering using inflators from Autoliv, Daicel and Nippon Kayaku for replacement airbags.... Read More »

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