Suppliers

Q&A

Ford shrinks its supplier 'watch' list

12:01 am U.S. ET | Oct. 20, 2014
Despite a blitz of model launches this year -- topped by the aluminum F-150 pickup -- Ford Motor Co. has fewer vendors on its "watch" list of suppliers that are struggling to meet production targets. Ford purchasing chief Hau Thai-Tang says the company learned its lesson about unreliable parts supply from the troubled Lincoln MKZ launch last year....
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TEAR-DOWN TEAM

Ford and suppliers jointly benchmark competitors' vehicles

12:01 am U.S. ET | Oct. 19, 2014
Ford is inviting suppliers to help benchmark other companies' vehicles and parts before Ford launches new models -- a move that is starting to pay dividends....
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Takata engineers struggled to maintain airbag quality, documents reveal

9:27 am U.S. ET | Oct. 18, 2014
Manufacturing problems with Takata airbags go beyond what the supplier has disclosed to federal safety regulators about why the devices are at risk of exploding with dangerous force, according to internal company documents reviewed by Reuters....
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GKN expands powdered metal output in China

Oct. 17, 2014 14:59 CET
UK supplier GKN Powder Metallurgy is investing 8.7 million pounds (about 11 million euros) to build a new factory at its Danyang site in China that will be completed in September 2015....
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IAC opens 2 plants in China

1:16 pm U.S. ET | Oct. 17, 2014
International Automotive Components, the interior auto parts supplier formed from other companies including Lear's interiors business and the assets of the bankrupt Collins & Aikman, opened two plants in Changshu, China, this week....
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Fourth U.S. traffic death linked to Takata airbags

12:05 pm U.S. ET | Oct. 17, 2014
A fourth traffic death in a Honda car has been linked to a defective airbag made by Japanese supplier Takata, according to a county medical examiner in Florida....
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Third traffic death in U.S. linked to Takata airbags

4:11 pm U.S. ET | Oct. 16, 2014
A fatal accident near Los Angeles last year of a 2002 Acura sedan involved a Takata airbag -- the third death in the United States linked to a defective safety component made by the Japanese supplier, according to local officials and the automaker....
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Faurecia sales rise on European auto recovery, U.S. rebound

Oct. 16, 2014 17:55 CET
Faurecia said third-quarter revenue rose 6.5 percent on a rebound in U.S. sales and a tentative recovery in Europe's vehicle market....
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Ex-Fiat exec Soave named to marketing post at Federal-Mogul Motorparts

2:22 pm U.S. ET | Oct. 16, 2014
Laura Soave, the ex-Fiat brand chief in the United States who left after the flawed launch of the Fiat 500, has been named chief marketing and communication officer of Federal-Mogul Motorparts....
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Former Showa exec indicted in U.S. price-fixing probe

12:07 pm U.S. ET | Oct. 16, 2014
A former executive of Japanese auto parts supplier Showa has been indicted by a federal grand jury in Cincinnati on a charge of conspiring to fix the prices of parts sold to American Honda and others....
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Hyundai Motor to use cash to fund $10 billion land deal

7:17 am U.S. ET | Oct. 16, 2014
Hyundai Motor and its two affiliates will use cash to fund their 10.6 trillion won ($10 billion) purchase for a land site in Seoul, raising concern the companies will reduce shareholder payouts....
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Honda starts audit of injury, death reports to U.S. regulator

4:15 pm U.S. ET | Oct. 15, 2014
Honda asked a third party to determine whether the automaker underreported fatality and injury claims to federal regulators in the United States who are investigating airbag failures with potentially deadly defects....
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Hitachi Automotive readies new autonomous driving technology

10:57 am U.S. ET | Oct. 15, 2014
Hitachi Automotive Systems is readying a suite of new autonomous driving technologies, including a no-hands self-parking function it plans to market in 2016. The systems, unveiled last week at the supplier’s proving ground in northern Japan, entail precrash braking, advanced adaptive cruise control and vehicle stability control for electric vehicles....
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Schaeffler loan restructuring opposed by bondholder

Oct. 15, 2014 11:57 CET
Schaeffler's proposed changes to terms governing $7.9 billion of high-yield bonds, including a new 1.8 billion euro ($2.3 billion) loan, are being opposed by Schroders Plc., which manages some of the supplier's debt....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Roof suppliers hit hard by lower demand for convertibles

Oct. 15, 2014 06:01 CET
Once valued as a highly profitable vehicle niche, buyers have turned away from convertibles, hurting the business of roof systems suppliers such as Webasto, Magna CTS and Valmet....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Webasto sees consolidation looming for roof makers

Oct. 15, 2014 06:01 CET
Holger Engelmann, the CEO of German roof specialist Webasto, believes a drop in demand for convertible cars will lead to consolidation in the sector, but he sees potential growth opportunities in China....
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ZF forms chassis JV with Beijing Auto

Oct. 14, 2014 10:16 CET
German supplier ZF Friedrichshafen established a joint venture with China's Beijing Automotive Industry Corp. to build passenger-vehicle chassis parts for BAIC and its other joint ventures with Daimler and Hyundai....
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Mileage march on schedule, EPA says

12:01 am U.S. ET | Oct. 13, 2014
Don't read too much into the slowdown in fuel economy gains, regulators say. The pace should quicken again with the spread of more potent gas-saving technologies....
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Ford asks top suppliers for disaster plans

12:01 am U.S. ET | Oct. 13, 2014
Ford Motor Co. is asking Tier 1 suppliers to make backup production plans for key plants that could disrupt Ford's vehicle assembly if they shut down....
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End of the affair: CEO stays, consultant goes

12:01 am U.S. ET | Oct. 13, 2014
After Alex Molinaroli, CEO of Johnson Controls, had an affair with a consultant, the parts supplier fired her consulting firm -- and expressed support for Molinaroli, Bloomberg reported last week....
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THE SUPPLIER SPEAKS: TOM GEBHARDT

Panasonic takes simple path to 'smart' voice

12:01 am U.S. ET | Oct. 13, 2014
How can automakers help motorists who struggle with voice recognition, the technology that generates more customer dissatisfaction than any other in-vehicle gadgetry? Panasonic Automotive Systems President Tom Gebhardt believes he has a solution....
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THE SUPPLIER SPEAKS: PRABHAKAR PATIL

Battery maker shrugs off Tesla competition

12:01 am U.S. ET | Oct. 13, 2014
After years of disappointment, the EV market is ready to grow, predicts Prabhakar Patil, CEO of LG Chem Power Inc. Parent company LG Chem expects to grab 25 percent of global electric-vehicle battery sales by 2017 as battery prices fall and EV range rises....
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36 supplier innovations named PACE Award finalists

2:00 pm U.S. ET | Oct. 11, 2014
Thirty-six innovations in a diverse range from adhesives to vision systems are finalists for the 2015 Automotive News PACE Awards. The awards honor supplier innovation in product, manufacturing process and information technology....
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Five technologies auto suppliers can bank on, analyst says

3:58 pm U.S. ET | Oct. 10, 2014
The next six years will be boom times for suppliers with the right technology. LED front lights, telematics, cameras, radar and lithium ion batteries are five technologies that will enjoy the biggest growth in global sales through 2020, predicted Itay Michaeli, Citigroup Inc.'s automotive research director....
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Toyota supplier celebrates Nobel Prize winners

7:34 am U.S. ET | Oct. 10, 2014
A Toyota-affiliated supplier is applauding two of its researchers as winners of this year's Nobel Prize in Physics....
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