Automotive News Supplier News Feed News, blogs and commentary from the leader in North American automotive news en-us Mon, 2 Mar 2015 06:00:00 EST Takata says tests show airbag failures occur in older vehicles in hot regions Mon, 2 Mar 2015 15:51:46 EST 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. NXP to buy Freescale in $11.8 billion deal for automotive microchips Mon, 2 Mar 2015 14:29:43 EST Dutch chipmaker NXP Semiconductors NV said today it will pay $11.8 billion to acquire Texas-based Freescale Semiconductor. ElringKlinger may cancel EV contract Mon, 2 Mar 2015 09:14:46 EST 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. Apple car rumors fuel debate on future vehicles Mon, 2 Mar 2015 04:53:42 EST 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... Magna Steyr to debut hybrid sports car concept Mon, 2 Mar 2015 05:30:14 EST 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. Check out the ANE e-magazine for March Mon, 2 Mar 2015 00:01:00 EST The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, March 2. Airbag-safety vet leads hunt for Takata clues Mon, 2 Mar 2015 00:01:00 EST 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. Yamaha plans 2-seat car for Europe, source says Fri, 27 Feb 2015 04:06:01 EST 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. SsangYong Tivoli will join expanding small SUV segment Fri, 27 Feb 2015 00:01:00 EST 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. Novelis helps make the Jaguar XE lean and green http://www.autonews.com Fri, 27 Feb 2015 00:01:00 EST 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. U.S. Senate panel OKs auto industry whistleblower incentive Thu, 26 Feb 2015 13:18:58 EST A measure that would offer financial incentives for auto industry employees to expose safety defects won unanimous backing from a US Senate panel today. Automakers choose aerospace firm to run Takata airbag tests Thu, 26 Feb 2015 10:54:56 EST 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. Federal-Mogul delays split into two public companies Thu, 26 Feb 2015 09:58:26 EST 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. U.S. orders Takata to preserve airbag inflators for federal probe Wed, 25 Feb 2015 16:39:44 EST 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. Magna cuts sales forecast on weak Europe demand, approves stock split Wed, 25 Feb 2015 07:01:52 EST Canadian auto parts maker Magna International Inc. cut its revenue forecast for 2015, hurt by weak demand from Europe. Valeo sees further profit gain after beating 2014 goal Wed, 25 Feb 2015 04:33:29 EST 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. Union OKs 3% wage rise in Daimler, Porsche's heartland Tue, 24 Feb 2015 04:47:19 EST Germany's biggest trade union, IG Metall, accepted a 3 percent wage increase for the country's southwest region, home to carmakers Daimler and Porsche. The union had called for a 5.5 percent increase. Cooper Standard pares Q4 losses to $12.8 million Tue, 24 Feb 2015 15:52:50 EST Cooper-Standard Holdings Inc., facing foreign currency issues and soft sales on key programs in North America, said it lost $12.8 million in the fourth quarter of 2014. That was an improvement over the $20. Faurecia N.A. boss Heneka to retire March 1; Stidham named new president Tue, 24 Feb 2015 15:12:59 EST Mike Heneka, who led an immense expansion effort in the US as president of Faurecia North America, will retire on March 1, the seating and emissions systems supplier said today. Canadian railroad reaches tentative deal with union, averting lockout Tue, 24 Feb 2015 11:39:11 EST Canada's biggest railway reached a last-minute tentative agreement with one of its unions on Monday, averting a lockout that threatened to delay imports from Asia and compound a US West Coast port logjam. Continental increases microcontroller output in China Tue, 24 Feb 2015 06:45:29 EST Continental says it has launched production of transmission control units on a second line at its plant in Tianjin, China. The German supplier's transmission division entered China in 1998. GKN sees more growth this year after 2014 profits rise 4% Tue, 24 Feb 2015 05:12:17 EST UK supplier GKN reported a 4 percent rise in annual profit last year and said it expected to grow again in 2015, helped by the continued strong demand for car parts. American Axle Q4, full-year revenues jump on non-GM business Mon, 23 Feb 2015 15:18:21 EST American Axle reported leaps in revenue for the fourth quarter and the year. The powertrain components supplier had lower net income for the quarter but growth for the year. China's Wanxiang to rebrand Fisker as Elux, report says Mon, 23 Feb 2015 09:26:16 EST Chinese auto parts maker Wanxiang Group will push back its planned relaunch of the defunct Fisker Karma hybrid sports car until mid-2016 and rebrand Fisker Automotive as Elux, two sources familiar with the plan told Reuters on Sunday. Is clock ticking on replacement inflators? Mon, 23 Feb 2015 00:01:00 EST Now that Honda has recalled more than 14 million vehicles to fix defective Takata airbag inflators, CEO Takanobu Ito says he is prepared for a difficult possibility: If the replacements also go bad someday, they would need to be replaced too. Did you hear the one about the GM phone? Mon, 23 Feb 2015 00:01:00 EST News reports about Apple getting into the car business were the talk of Detroit and Silicon Valley last week. Many in Detroit think the maker of the iPhone is biting off more than it can chew. Car stores could be just like Apple stores, right? Mon, 23 Feb 2015 00:01:00 EST "How's it going?" I asked my friend Gene-Erik Marketer. I hadn't seen him since the NADA convention. "Great!" he replied. Thirst for power fuels Nvidia's surge Mon, 23 Feb 2015 00:01:00 EST Nvidia Corp., best known for graphics cards for video gaming systems, boosted automotive revenue more than 80 percent in 2014 by capitalizing on car companies' hunger for high-powered computers. Robot orders surge as vehicle output climbs Mon, 23 Feb 2015 00:01:00 EST In a bid to keep pace with rising production, automakers and suppliers are ordering record numbers of robots. Last year, companies ordered 17,678 automotive robots in North America, up 45 percent from 2013, said the Robotic Industries Association. S.C. testing center plans expansion Mon, 23 Feb 2015 00:01:00 EST The International Transportation Innovation Center in Greenville, S.C., is expanding in hopes of attracting work on advanced technology such as wireless charging, automatic parking and zero-emission vehicles. For Apple, an opportunity to revolutionize the automobile, without ever selling one Sun, 22 Feb 2015 00:01:00 EST What could Apple do for the auto industry? With its $178 billion cash pile, probably anything it wants. Apple hiring patterns, patents signal automotive randd plans Fri, 20 Feb 2015 15:55:01 EST A year and a half ago, Apple had applied for just eight patents related to auto batteries. Recently, it has hired a bevy of engineers, just one of whom had already filed for 17 in his former career, according to a Thomson Reuters analysis. Honda to cut N.A. output by another 5,000 cars amid port delays Fri, 20 Feb 2015 06:41:54 EST Honda will continue to reduce production at plants in Indiana and Ontario next week because of part shortages amid labor disputes at West Coast ports. Honda said it expected output loss at the factories next week to be around 5,000 cars. Apple said to be targeting EV car production as soon as 2020 Fri, 20 Feb 2015 03:26:13 EST Apple, which has been working secretly on a car, is pushing its team to begin production of an electric vehicle as early as 2020, sources told Bloomberg. NHTSA to fine Takata $14K a day for failing to 'fully cooperate' in airbag probe Fri, 20 Feb 2015 10:31:12 EST The National Highway Traffic Safety Administration today slapped Takata with a $14,000-per-day fine for failing to "fully cooperate" with the agency's investigation into exploding airbag inflators made by the supplier that have been linked to at... ZF offers EU concessions in $13.5 billion TRW deal Fri, 20 Feb 2015 07:36:21 EST ZF Friedrichshafen has offered concessions in a bid to secure European Union approval for its $13.5 billion takeover of TRW Automotive Holdings. Daicel to build U.S. airbag inflator plant earlier than planned Fri, 20 Feb 2015 06:24:37 EST Daicel said it would build a second US factory for airbag inflators in early 2016, bringing forward original plans partly to meet automakers' demand for alternatives to potentially deadly inflators made by Takata. Delphi's thermal unit is bought by Mahle for $727 million Thu, 19 Feb 2015 04:40:50 EST German auto supplier Mahle has agreed to buy rival Delphi's air conditioning business for $727 million, expanding its thermal management expertise as cars make greater use of electric motors and batteries that need special cooling. Dana posts gains in Q4 net income Thu, 19 Feb 2015 12:27:17 EST Powertrain component supplier Dana Holding reported gains in net income for the fourth quarter and 2014, but slipped in revenue in both the quarter and year. Net income for the quarter was $109 million, up from $42 million in 2013. Apple is poaching auto engineers to build battery division, lawsuit claims Thu, 19 Feb 2015 06:48:03 EST Electric-car battery maker A123 Systems has sued Apple for allegedly poaching engineers to build a large-scale battery division, according to a court filing that could offer further evidence that Apple is developing a car. Auto sector rebounds in fourth quarter Thu, 19 Feb 2015 00:01:00 EST All automotive sectors ended 2014 with a strong final quarter, according to the Automotive News Europe/PricewaterhouseCoopers Transaction Services Shareholder Value Indices. Ex-GM CEO Akerson cautions Apple on trials of making cars Wed, 18 Feb 2015 06:15:28 EST Dan Akerson, retired CEO of GM, said Apple should steer clear of the business of making cars, though a push into automobile electronics would be a better move for the iPhone maker. Lear to buy more shares, boost dividend Tue, 17 Feb 2015 10:09:21 EST Weeks after receiving a letter from an activist investor urging the company to split into two separately traded public companies, Lear said today it will increase its share repurchase program and quarterly dividend. Apple's electric car dreams may bring auto industry nightmares Tue, 17 Feb 2015 06:53:51 EST Before Apple decides to move ahead with its Project Titan project and build an electric car, the company may want to look at the menu of challenges that come with being in the automobile business these days. Thanks, but no thanks, to an Apple car Tue, 17 Feb 2015 12:18:18 EST I know some of you will accuse me of heresy against a Higher Power for saying it, but I don't like Apple. Never have. Tech industry interlopers force car industry to react, Bosch CEO says Tue, 17 Feb 2015 10:24:42 EST The auto industry is stepping up efforts to introduce highly automated cars as software makers Google and perhaps even Apple forge plans to build a vehicle, Volkmar Denner, the CEO of Bosch, said. Supplier Chassix misses 2nd bond payment; creditors concerned Tue, 17 Feb 2015 08:46:15 EST After missing a payment of more than $17 million to bondholders this month, Chassix has asked the bondholders to organize and retain advisers -- and a creditor's filing asserts that the company is taking steps toward a possible bankruptcy. Silicon Valley muscles into Motor City's turf Tue, 17 Feb 2015 07:16:34 EST 'Detroit vs. Everybody' is a popular t-shirt in the hometown of General Motors and Ford Motor Co. these days. Yet it might as well read 'Silicon Valley vs. Incoming Bosch auto boss must boost margin, fend off rising Conti, ZF Mon, 16 Feb 2015 00:01:00 EST When Rolf Bulander takes over as head of Bosch's car parts division in April he will face hurdles such as raising the unit's margin to 8 percent and maintaining its position as the world's largest supplier despite intensifying competition from... Grupo Antolin shakes up management team Mon, 16 Feb 2015 00:01:00 EST Grupo Antolin, the world's largest supplier of vehicle headliners, has shaken up the top tier of its management with an infusion of younger executives. %]