Automotive News Supplier News Feed http://www.autonews.com News, blogs and commentary from the leader in North American automotive news en-us Fri, 25 Jul 2014 06:00:00 EST Lear profits rise on higher vehicle output, record seating volume, electrical gains http://www.autonews.com/article/20140725/OEM10/140729908/lear-profits-rise-on-higher-vehicle-output-record-seating-volume Fri, 25 Jul 2014 08:03:07 EST Lear's second-quarter profits rose to $148.5 million on higher light-vehicle output, record seating sales, and solid gains and expanded profit margins in its electrical distribution business. Valeo raises 2014 profit forecast http://www.autonews.comhttp://europe.autonews.com/article/20140725/ANE/307249929/valeo-raises-2014-profit-forecast Fri, 25 Jul 2014 00:01:00 EST French car parts supplier Valeo has raised its full-year earnings forecast following a 21 percent rise in first-half profit, due mainly to overseas expansion and increased demand for fuel-saving technologies. ZF's pursuit of TRW may spark wave of mergers in supply chain http://www.autonews.com/article/20140725/OEM10/307259983/zfs-pursuit-of-trw-may-spark-wave-of-mergers-in-supply-chain Fri, 25 Jul 2014 00:01:00 EST The biggest auto-parts deal since 2007 may be just the start of consolidation, with Autoliv and Visteon among the next potential targets, analysts say. ZF's pursuit of TRW may spark wave of mergers in supply chain http://www.autonews.comhttp://europe.autonews.com/article/20140725/COPY/307259978/zfs-pursuit-of-trw-may-spark-wave-of-mergers-in-supply-chain Fri, 25 Jul 2014 00:01:00 EST The biggest auto-parts deal since 2007 may be just the start of consolidation, with Autoliv and Visteon among the next potential targets, analysts say. More suppliers may combine as overcapacity constrains their ability to add scale on their own. Gentex Q2 net income grows 47 percent http://www.autonews.com/article/20140724/OEM10/140729918/gentex-q2-net-income-grows-47-percent Thu, 24 Jul 2014 15:19:07 EST Automotive mirror supplier Gentex reported $76.7 million in net income with total revenue of $338.4 million for the second quarter. Cooper-Standard begins operations at Asia Pacific tech center http://www.autonews.com/article/20140724/OEM10/140729920/cooper-standard-begins-operations-at-asia-pacific-tech-center Thu, 24 Jul 2014 14:44:22 EST Auto supplier Cooper-Standard Automotive Inc. began operations at its Asia Pacific Technical Center today in Shanghai. Federal-Mogul posts $5 million net loss in Q2 as revenue rises http://www.autonews.com/article/20140723/OEM10/140729945/federal-mogul-posts-5-million-net-loss-in-q2-as-revenue-rises Wed, 23 Jul 2014 15:34:27 EST Auto supplier Federal-Mogul today reported a $5 million net loss after factoring in one-time charges, along with a $128 million revenue gain for the second quarter. Brakes supplier Brembo to build new U.S. plant http://www.autonews.comhttp://europe.autonews.com/article/20140723/ANE/140729963/brakes-supplier-brembo-to-build-new-u-s-plant Wed, 23 Jul 2014 06:05:37 EST Italian brakes manufacturer Brembo will build a new foundry in Michigan to expand its manufacturing capability in the United States, betting on the continued strength of the country's automotive sector. Brembo to invest nearly $100M in new Michigan foundry, expand capacity http://www.autonews.com/article/20140723/OEM10/140729959/brembo-to-invest-nearly-100m-in-new-michigan-foundry-expand-capacity Wed, 23 Jul 2014 06:54:31 EST Italian brakes maker Brembo will build a new foundry in Michigan to expand its manufacturing capability in the United States, betting on continued strength of the country's automotive sector. Metals and plastics company NN to buy supplier Autocam in $300 million deal http://www.autonews.com/article/20140722/OEM10/140729978/metals-and-plastics-company-nn-to-buy-supplier-autocam-in-300 Tue, 22 Jul 2014 11:23:40 EST A Tennessee metals and plastics company said it has agreed to acquire auto parts supplier Autocam in a deal valued at $300 million.