Automotive News Supplier News Feed http://www.autonews.com News, blogs and commentary from the leader in North American automotive news en-us Wed, 25 Apr 2018 06:00:00 EST Melrose gets green light from UK for GKN takeover http://www.autonews.com/article/20180424/COPY01/304249936/melrose-gets-green-light-from-uk-for-gkn-takeover Tue, 24 Apr 2018 09:58:16 EST UK Business Minister Greg Clark said there were no national security grounds to intervene in turnaround specialist Melrose's takeover of British auto supplier GKN. Melrose gets green light from UK for GKN takeover http://europe.autonews.com/article/20180424/ANE/180429901/melrose-gets-green-light-from-uk-for-gkn-takeover Tue, 24 Apr 2018 09:58:16 EST UK Business Minister Greg Clark said there were no national security grounds to intervene in turnaround specialist Melrose's takeover of British engineering company GKN, giving the deal the green light from government. Gentex Q1 net income up 14 percent as revenue softens http://www.autonews.com/article/20180423/OEM10/180429915/gentex-first-quarter-profits-rise Mon, 23 Apr 2018 15:53:36 EST Gentex said its first-quarter net income surged 14 percent from a year earlier as the mirror and electronics supplier managed to boost mirror deliveries despite a production glitch. VW may face billion-euro damages claim from Bosnian supplier http://europe.autonews.com/article/20180423/ANE/180429927/vw-may-face-billion-euro-damages-claim-from-bosnian-supplier Mon, 23 Apr 2018 05:23:18 EST VW may face a damages claim for billions of euros from Prevent Group after the automaker canceled its contracts with the supplier following a dispute that forced VW to halt production at six German factories. Suppliers to the new Porsche 718 Cayman http://www.autonews.comhttp://europe.autonews.com/article/20180423/CUTAWAY01/304209987/suppliers-to-the-new-porsche-718-cayman Mon, 23 Apr 2018 00:01:00 EST Assembly of the third-generation Porsche Cayman began in July 2016 at parent Volkswagen Group's plant in Zuffenhausen, Germany. Output peaked at more than 10,200 units in 2017, according to IHS Markit. Magna delivers carbon fiber subframe prototype to Ford http://www.autonews.com/article/20180421/OEM10/180429960/magna-international-ford-carbon-fiber-subframe Sat, 21 Apr 2018 00:01:00 EST Magna International Inc. has delivered a carbon fiber subframe prototype to Ford it says will reduce weight and tooling costs and hopes to rule on mass production by year end. Suppliers to the new Nissan Micra http://www.autonews.comhttp://europe.autonews.com/article/20180420/CUTAWAY01/304209988/suppliers-to-the-new-nissan-micra Fri, 20 Apr 2018 00:01:00 EST Assembly of the fifth-generation Nissan Micra began in December 2016 at alliance partner Renault's plant in Fins, France. Output peaked at more than 106,000 units in 2017, according to IHS Markit. Nexteer looks to North Africa to help it better serve Europe http://europe.autonews.com/article/20180420/ANE/180419809/nexteer-looks-to-north-africa-to-help-it-better-serve-europe Fri, 20 Apr 2018 00:01:00 EST Nexteer, the steering specialist, is moving into the fast-growing Moroccan market. The executive leading the push, Herve Boyer, explained why the supplier is making the move to Automotive News Europe. Faurecia positive for 2018 after Q1 sales rise 9% http://europe.autonews.com/article/20180420/ANE/180429976/faurecia-positive-for-2018-after-q1-sales-rise-9 Fri, 20 Apr 2018 05:22:01 EST Faurecia sees a positive outlook for 2018 after its sales in the first three months rose 9.3 percent and the company predicts robust double-digit growth in the second quarter. Freudenberg mulls IPO for Vibracoustic unit http://www.autonews.com/article/20180419/COPY01/304199980/freudenberg-mulls-ipo-for-vibracoustic-unit Thu, 19 Apr 2018 04:09:18 EST German technology group Freudenberg will decide in the fall on an initial public offering in 2019 of its automotive vibration control technology business Vibracoustic. Schaeffler looks beyond ball-bearings with future urban mobility ideas http://europe.autonews.com/article/20180419/BLOG15/180419739/schaeffler-looks-beyond-ball-bearings-with-future-urban-mobility Thu, 19 Apr 2018 04:52:11 EST Schaeffler is looking toward the future of mobility with new products that include the Mover, a compact four-wheeled chassis for electric mobility, and the Bio-hybrid, a lightweight four-wheel pedicycle. Freudenberg will mull 2019 Vibracoustic IPO later this year http://europe.autonews.com/article/20180419/ANE/180419740/freudenberg-will-mull-2019-vibracoustic-ipo-later-this-year Thu, 19 Apr 2018 04:09:18 EST German technology group Freudenberg will decide in the autumn on a potential flotation in 2019 of its automotive vibration control technology business Vibracoustic. Suppliers to the new Hyundai i30 http://www.autonews.comhttp://europe.autonews.com/article/20180419/CUTAWAY01/304209989/suppliers-to-the-new-hyundai-i30 Thu, 19 Apr 2018 00:01:00 EST Assembly of the third-generation Hyundai i30 began in December 2016 at Hyundai's plant in Nosovice, Czech Republic. Output peaked at more than 140,000 units in 2017, according to IHS Markit. GM offers in-dash fuel payments in 3-city pilot program http://www.autonews.com/article/20180418/OEM06/180419755/gm-marketplace-in-dash-fuel-payments-3-city-pilot-program Wed, 18 Apr 2018 11:30:53 EST The feature is being piloted in roughly 1 million Chevrolet vehicles at select Shell stations in the Detroit, Seattle and Houston metropolitan areas. Continental lowers outlook due to exchange rate effects http://europe.autonews.com/article/20180418/ANE/180419764/continental-lowers-outlook-due-to-exchange-rate-effects Wed, 18 Apr 2018 08:52:46 EST Continental lowered its full year outlook after exchange rate and inventory valuation effects resulted in a 150 million euros ($185.22 million) negative hit to earnings in the first half. Plastic Omnium prepares to shift from diesels toward hybrids, fuel cells http://europe.autonews.com/article/20180418/ANE/180419810/plastic-omnium-prepares-to-shift-from-diesels-toward-hybrids-fuel Wed, 18 Apr 2018 00:01:00 EST Plastic Omnium, a leading maker of systems that clean up emissions from diesel, says it is preparing for a future of sharply reduced demand for the powertrain. Volkswagen unit Electrify America selects suppliers for U.S. high-speed EV chargers http://www.autonews.com/article/20180417/OEM05/180419777/electrify-america-selects-suppliers-for-u-s-high-speed-ev-chargers Tue, 17 Apr 2018 11:50:51 EST Volkswagen unit Electrify America has selected several suppliers, including Switzerland's ABB and South Korea's Signet EV, to install more than 2,000 high-speed electric vehicle chargers in the United States by the end of 2019. Volkswagen unit Electrify America selects suppliers for U.S. high-speed EV chargers http://europe.autonews.com/article/20180417/COPY/304179932/vws-electrify-america-selects-suppliers-for-u-s-high-speed-ev Tue, 17 Apr 2018 11:50:51 EST Volkswagen unit Electrify America has selected several suppliers, including Switzerland's ABB and South Korea's Signet EV, to install more than 2,000 high-speed electric vehicle chargers in the United States by the end of 2019. AutoNews Now: Hypercar makers gun toward 300 mph http://www.autonews.com/article/20180417/VIDEO/304179983/autonews-now-hypercar-makers-gun-toward-300-mph Tue, 17 Apr 2018 15:00:00 EST Top guns in speed: Hypercar makers race toward 300 mph; VW scores dual court win; Mahindra forms EV subsidiary; Japan cool to connectivity; BMW 3-D printing venture. TomTom Q1 earnings up as sales to automakers rise 42% http://europe.autonews.com/article/20180417/COPY/304179963/tomtom-q1-earnings-up-as-sales-to-automakers-rise-42-percent Tue, 17 Apr 2018 07:48:11 EST TomTom, the Dutch navigation and mapping company, reported better-than-expected first-quarter core earnings, despite a decline in sales. First Shift: China to lift foreign-ownership limits http://www.autonews.com/article/20180417/VIDEO/304179982/first-shift-china-to-lift-foreign-ownership-limits Tue, 17 Apr 2018 08:30:00 EST China to lift foreign-ownership limits on automakers; Tesla halts Model 3 output; VW to tweak logo, review ad agency; FCA recalling new Stelvio to fix leaks; Lear's smart-seat strategy. TomTom Q1 earnings up as sales to automakers rise 42% http://www.autonews.com/article/20180417/OEM10/180419783/tomtom-q1-earnings-up-as-sales-to-automakers-rise-42-percent Tue, 17 Apr 2018 07:48:11 EST TomTom, the Dutch navigation and mapping company, reported better-than-expected first-quarter core earnings, despite a decline in sales. Federal-Mogul plan resolves retail problem http://www.autonews.com/article/20180416/BLOG06/180419796/federal-mogul-plan-resolves-retail-problem Mon, 16 Apr 2018 17:15:00 EST Last week's deal for Tenneco to buy Federal-Mogul resolves a problem that has percolated for years: Should a supplier compete with its customers? Rewarding innovation that benefits consumers http://www.autonews.com/article/20180416/OEM06/180419882/rewarding-innovation-pace-editorial Mon, 16 Apr 2018 00:01:00 EST What happened in the engineering labs of Bosch, Cooper Standard, Visteon, Toyoda Gosei and the other 2018 PACE awardees is already rippling across the industry. PHOTOS: A night of PACE setters http://www.autonews.com/article/20180416/OEM10/180419861/photos-a-night-of-pace-setters Mon, 16 Apr 2018 00:01:00 EST From A123 Systems to Visteon, innovators from around the world gathered in Detroit for the 2018 PACE Awards. How car seat-maker Lear is adjusting its strategy http://www.autonews.com/article/20180416/OEM10/180419842/lear-smart-car-seats Mon, 16 Apr 2018 00:01:00 EST Lear the seat maker, anticipating connected vehicles, is out to become Lear the smart-seat maker. Automotive News PACE Award winners highlight new-era vehicle technology http://www.autonews.com/article/20180416/OEM10/180419862/2018-automotive-news-pace-awards-winners Mon, 16 Apr 2018 00:01:00 EST Autonomous driving, better data communications and electrified and lighter vehicles were the driving factors in the 2018 Automotive News PACE Awards. Mitsubishi Electric aspires to be one-stop shop http://www.autonews.com/article/20180416/OEM10/180419877/mitsubishi-electric-one-stop-shop Mon, 16 Apr 2018 00:01:00 EST A new CEO wants to leverage the supplier's strength in everything from semiconductors to communications. Are CFOs ready for a changing business model? http://www.autonews.com/article/20180416/OEM/180419918/gary-silberg-oped-column Mon, 16 Apr 2018 00:01:00 EST Entering the mobility service or any service business market is a profound change. For the office of the CFO it will mean a radical difference in how they operate. Hyundai Mobis taps first non-Korean leader to drive autonomous investment http://www.autonews.com/article/20180416/OEM10/180419922/hyundai-mobis-gregory-baratoff-self-driving Mon, 16 Apr 2018 00:01:00 EST South Korean supplier Hyundai Mobis wants to leapfrog from fast follower to leader in autonomous driving technologies by 2025, and is preparing to infuse its division with more expertise and money. Nexteer maps large-scale shift to steer-by-wire http://www.autonews.com/article/20180416/OEM06/180419921/nexteer-jeff-zuraski-steer-by-wire Mon, 16 Apr 2018 00:01:00 EST Nexteer Automotive's new suite of autonomous-driving technologies promotes steer-by-wire in various applications. Jeff Zuraski, executive director for Nexteer, spoke with News Editor Lindsay Chappell about the outlook. Hitachi, Clarion have pipeline of parking advances http://www.autonews.com/article/20180416/MOBILITY/180419919/hitachi-clarion-self-parking Mon, 16 Apr 2018 00:01:00 EST Hitachi, Clarion are working on self-parking innovations beyond what's only now reaching the market. Icahn's payoff could get even bigger http://www.autonews.com/article/20180415/OEM10/180419847/carl-icahn-federal-mogul-tenneco Sun, 15 Apr 2018 00:01:00 EST Billionaire investor Carl Icahn takes Federal-Mogul to Tenneco, giving him a rich new role at Tenneco in the process. Continental courts Japan as upheaval hits industry http://europe.autonews.com/article/20180414/COPY/304149993/continental-courts-japan-as-upheaval-hits-industry Sat, 14 Apr 2018 00:01:00 EST Continental believes opportunity is beckoning in Japan as automakers there look outside their traditional keiretsu suppliers for advanced technology. Continental courts Japan as upheaval hits industry http://www.autonews.com/article/20180414/OEM10/180419920/continental-courts-japan-as-upheaval-hits-industry Sat, 14 Apr 2018 00:01:00 EST Germany's Continental believes opportunity is beckoning in Japan as automakers there look outside their traditional keiretsu suppliers for advanced technology. Automobili Pininfarina plans EV rival to Bentley SUV http://europe.autonews.com/article/20180413/ANE/180419863/automobili-pininfarina-plans-ev-rival-to-bentley-suv Fri, 13 Apr 2018 10:09:26 EST India's Mahindra and Mahindra launched Automobili Pininfarina, a Europe-based electric SUV brand whose vehicles will challenge models such as the Bentley Bentayga and high-spec Range Rovers. Automobili Pininfarina plans EV rival to Bentley SUV http://www.autonews.com/article/20180413/COPY01/304139930/pininfarina-ev-green-ultraluxury-sports-car-bentley Fri, 13 Apr 2018 10:09:26 EST Bentley and Range Rover are getting some competition from a new rival with a familiar name. Automobili Pininfarina will be a stand-alone, Europe-based brand specializing in electric SUVs. Pininfarina preps H500 concept as Tesla fighter http://europe.autonews.com/article/20180413/BLOG15/304139992/pininfarina-preps-h500-concept-as-tesla-fighter Fri, 13 Apr 2018 00:01:00 EST Pininfarina is joining with Hong Kong's Hybrid Kinetic Group to develop "clean energy vehicles," and if the H500 sedan concept looks like a hopeful Tesla rival, that's because it is. Magna Steyr to engineer EV architecture for BAIC http://europe.autonews.com/article/20180413/ANE/180419872/magna-steyr-to-engineer-ev-architecture-for-baic Fri, 13 Apr 2018 04:37:42 EST Magna Steyr will develop a next-generation EV architecture for state-owned Chinese automaker BAIC. Lidar startup says it has achieved cost-effective sensors http://europe.autonews.com/article/20180413/COPY/304149999/lidar-sensor-manufacturing-luminar Fri, 13 Apr 2018 00:01:00 EST One year after making its public debut, lidar startup Luminar is tackling the persistent problem of efficiently mass-producing automotive-grade sensors. Lidar startup says it has achieved cost-effective sensors http://www.autonews.com/article/20180412/MOBILITY/180419907/lidar-sensor-manufacturing-luminar Thu, 12 Apr 2018 08:00:00 EST One year after making its public debut, lidar startup Luminar is tackling the persistent problem of efficiently mass-producing automotive-grade sensors. Varroc Lighting could grow -- if it could hire http://www.autonews.com/article/20180412/OEM10/180419908/varroc-lighting-supplier-engineers-visteon Thu, 12 Apr 2018 06:38:35 EST Lighting systems supplier Varroc is keeping up with the latest trends in automotive lighting, but it's also dealing with the challenges of not having enough engineers. VW, Hino agree to a strategic truck partnership http://europe.autonews.com/article/20180412/ANE/180419909/vw-hino-agree-to-a-strategic-truck-partnership Thu, 12 Apr 2018 05:58:23 EST VW Group's Truck and Bus unit said it has agreed to form a strategic partnership with Japanese truck maker Hino to better compete in the commercial vehicle industry, which is undergoing transformation due to the need for lower-emission vehicles and... VW, Hino agree strategic truck partnership http://www.autonews.com/article/20180412/COPY01/304129968/vw-hino-partnership-commercial-trucks Thu, 12 Apr 2018 05:58:23 EST Volkswagen AG's Truck and Bus unit said it has agreed to form a strategic partnership with Japanese truck maker Hino to better compete in the commercial vehicle industry. Tesla targets late 2019 for Model Y output, report says http://europe.autonews.com/article/20180412/COPY/304139988/musk-tesla-modely-production-california Thu, 12 Apr 2018 00:01:00 EST Tesla is targeting November 2019 as the start of production for the Model Y small crossover, with output in China to begin two years later, two sources told Reuters this week. Icahn's $5.4 billion exit strategy for Federal-Mogul soothes aftermarket retailers http://europe.autonews.com/article/20180412/COPY/304139991/icahn-federal-mogul-tenneco-retail-aftermarket Thu, 12 Apr 2018 00:01:00 EST One reason Carl Icahn is selling Federal-Mogul is because customers such as AutoZone and O'Reilly bristled at the fact the billionaire investor was both their supplier and competitor. Key Safety Systems secures funding to close deal for Takata assets http://europe.autonews.com/article/20180412/COPY/304139990/key-safety-systems-secures-funding-to-close-deal-for-takata-assets Thu, 12 Apr 2018 00:01:00 EST Key Safety Systems secured funding to acquire nearly all of airbag maker Takata's assets from a group led by its parent Ningbo Joyson Electronic. Suppliers to the new Opel/Vauxhall Insignia http://www.autonews.comhttp://europe.autonews.com/article/20180412/CUTAWAY01/304069998/suppliers-to-the-new-opel-vauxhall-insignia Thu, 12 Apr 2018 00:01:00 EST Assembly of the third-generation Ope/Vauxhall Insignia began in March 2016 at the automaker's plant in Russelsheim, Germany. Output peaked at more than 172,000 units in 2017, according to IHS Markit. Key Safety Systems secures funding to close deal for Takata assets http://www.autonews.com/article/20180411/OEM10/180419911/key-safety-systems-secures-funding-to-close-deal-for-takata-assets Wed, 11 Apr 2018 18:35:50 EST Key Safety Systems secured funding to acquire nearly all of airbag maker Takata's assets from a group led by its parent Ningbo Joyson Electronic Corp. Icahn's $5.4 billion exit strategy for Federal-Mogul soothes aftermarket retailers http://www.autonews.com/article/20180411/OEM10/180419940/icahn-federal-mogul-tenneco-retail-aftermarket Wed, 11 Apr 2018 09:37:00 EST One reason Carl Icahn is selling Federal-Mogul is because customers such as AutoZone and O'Reilly bristled at the fact the billionaire investor was both their supplier and competitor.