Suppliers

Audi picks Delphi for technology bundling self-driving functions

10:44 am U.S. ET | March 31, 2015

Audi is developing a device the size of an iPad tablet that will pack all the computing power needed for a car to drive itself safely along streets and highways without crashing....
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Bang & Olufsen to sell car-audio unit to Harman

8:31 am U.S. ET | March 31, 2015

Bang & Olufsen A/S plans to sell its automotive sound-system business to Harman International Industries Inc., the US maker of JBL audio equipment, as the Danish company reorganizes to focus on consumer electronics....
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Faurecia forms joint venture with China's Dongfeng

March 31, 2015 11:26 CET

Faurecia has agreed to form a joint venture with Dongfeng Motor to help increase its presence in the world's biggest car market. Faurecia is majority-owned by PSA/Peugeot-Citroen. Dongfeng has a 14 percent stake in PSA....
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NHTSA would get stop-sale power under U.S. bill

2:59 pm U.S. ET | March 30, 2015

The National Highway Traffic Safety Administration would be able to order automakers to cease the sale of vehicles with dangerous safety defects under the Obama administration's multiyear surface transportation funding bill sent to congress today....
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Key Safety to use Mobileye vision tech to aid drivers

4:08 pm U.S. ET | March 30, 2015

Supplier Key Safety Systems said it has signed an agreement with Mobileye NV to use the software developer's vision processing chip for new types of driver assist technologies....
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Magna negotiating to sell interiors business to Grupo Antolin, report says

12:25 pm U.S. ET | March 30, 2015

Canada's Magna International is in talks to sell its car-interior business to Spain's Grupo Antolin, people familiar with the matter told Bloomberg....
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ChemChina hopes to re-list Pirelli in Italy; says counterbid will hurt investors

March 30, 2015 09:14 CET

The chairman of China National Chemical Corp. (ChemChina), Ren Jianxin, said he hopes to re-list Italy's Pirelli on the Italian stock exchange. A counterbid for Pirelli would hurt the Italian firm's investors and long-term strategy, he warned....
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LUCA CIFERRI

BLOG: While others stand up, Italy stands aside

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

Formula One tire supplier Pirelli will have a Chinese owner, while Ferrari styling house Pininfarina could be acquired by an Indian company. Ducati, Lamborghini and Italdesign Giugiaro are already in German hands. So why isn't Italy doing what other countries are doing to protect its domestic auto sector?...
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LUCA CIFERRI

While others stand up, Italy stands aside

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

Formula One tire supplier Pirelli will have a Chinese owner....
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Delphi's driverless cross-country adventure

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

In 1903, a 31-year-old physician named Horatio Nelson Jackson journeyed from San Francisco to New York in a Winton touring car, the first motor car to traverse the U.S....
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LG Chem exec: Tesla's gigafactory to cut EV costs

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

Tesla Motors' "gigafactory," a huge battery plant under construction in Nevada, could help suppliers of lithium ion batteries for autos finally turn a profit, says Prabhakar Patil, CEO of LG Chem Power Inc....
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Nissan's on-site suppliers free to serve competitors

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

In hopes of wooing more Midwestern parts makers to its side in Tennessee, Nissan says it will allow them to supply other automakers from under the roof Nissan will put over their heads....
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Valeo's self-driving systems learn from military drones

12:01 am U.S. ET | March 28, 2015

Valeo plans to draw on drone software and other military technologies from partner Safran to offer self-driving vehicle platforms to carmakers by the end of the decade.The French supplier said the first applications may reach automaker customers within three years....
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Valeo's self-driving systems learn from military drones

March 27, 2015 17:55 CET

Valeo plans to draw on drone software and other military technologies from partner Safran to offer self-driving vehicle platforms to carmakers by the end of the decade. The French supplier said the first applications may reach automaker customers within three years....
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Cadillac CT6 to pack 34-speaker Bose sound system

3:20 pm U.S. ET | March 27, 2015

Cadillac's new flagship sedan will come with a new sound system that will leave nothing uncovered inside the cabin....
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Tesla presses Japanese battery suppliers to innovate, take risks

12:19 pm U.S. ET | March 27, 2015

A Tesla executive courted partners in Japan for its so-called gigafactory, praising local companies for top-notch quality and technology while cautioning against slow decision-making and risk aversion....
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Pirelli CEO sees strong future with ChemChina, no talks on counterbid

March 27, 2015 12:07 CET

Pirelli has a strong future with China National Chemical Corp. and is not talking to others about a possible counterbid, CEO Marco Tronchetti Provera said. ChemChina agreed to become the majority owner of the world's fifth-largest tire maker in an $8 billion deal. The market speculated that Bridgestone could be putting together a counterbid....
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Takata sued in Canada over airbag-related vehicle recalls

6:31 am U.S. ET | March 27, 2015

Takata, the Japanese supplier whose airbags have been linked to six fatalities globally, has been sued in Canada in three separate cases, it said in a statement today....
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Pininfarina investor confirms India's Mahindra is interested in buying Italian design company

March 26, 2015 11:39 CET

Pininfarina's controlling shareholder, Pincar, confirmed that India's Mahindra & Mahindra has expressed interest in buying the Italian car designer. Mahindra is one of heavily indebted Pininfarina's most important customers....
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Denso, NGK fined by S. Korea for price-fixing

2:46 pm U.S. ET | March 26, 2015

South Korea's antitrust regulator will fine five auto parts firms, including Japan's Denso, NGK Spark Plug and their local units, a total of $3.2 million for fixing prices and rigging bids for engine parts....
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Alcoa receives committment for $259 million U.S. loan to expand aluminum output

12:01 am U.S. ET | March 26, 2015

The U.S. Department of Energy has offered a conditional commitment to lend Alcoa Inc. $259 million to expand automotive aluminum sheet production capacity at the supplier's Tennessee factory, reviving a long-dormant loan program to support the development of energy-efficient vehicles....
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Toyota targets big savings in factory, product-development spending

12:30 am U.S. ET | March 26, 2015

Toyota outlined bold savings targets in factory investment and vehicle development, along with gains in fuel efficiency, through an aggressive restructuring being launched this year. The overhaul, part of a switch to new modularized product platforms, has been years in the making and is designed to fuel the company's expansion....
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Schaeffler's 2014 profit rises by more than half

March 26, 2015 13:09 CET

German part supplier Schaeffler said its operating profit jumped by more than 50 percent to 1.52 billion euros ($1.67 billion) in 2014 because of robust demand for cars in U.S. and China. Its operating margin climbed to 12.6 percent in 2014 from 9.0 percent in 2013....
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Delphi employees killed in France plane crash

March 25, 2015 12:26 CET

Two Spain-based Delphi employees were among the 150 victims of a plane crash in a remote part of the French Alps. The employees were traveling to a meeting in Germany....
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New generation of cheaper batteries adds power to hybrids, cut fuel use

12:01 am U.S. ET | March 25, 2015

A new generation of hybrid cars that combine electric and gas power in new ways are emerging as a low-cost alternative for automakers and consumers as batteries get cheaper and more efficient. The new microhybrid systems are coming on line just as automakers face a U.S. goal of 54.5 miles per gallon on average by 2025....
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