Brakes

GM issues 2 recalls, stop-sale orders for 2015 Corvettes

8:58 pm U.S. ET | Sept. 11, 2014
General Motors is issuing two more recalls, both on the 2015 Chevrolet Corvette, according to stop-delivery orders sent to dealers today. The recalls, GM's first in more than a month, bring its total number for the year to 67....
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Brembo wins new Japanese motorcycle and first-time aviation contracts

Aug. 8, 2014 06:01 CET
Italian brake specialist Brembo expects to conclude a supply contract with a fourth high-end Japanese motorbike manufacturer and is also expanding into the aviation sector....
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Ford counts on free brake pads to boost service visits

12:01 am U.S. ET | Aug. 4, 2014
Ford Motor Co. dealers today are launching a program that offers lifetime replacement of brake pads for Ford, Lincoln and Mercury vehicles....
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After investment, Aisin eyes N.A. profit surge

12:01 am U.S. ET | Aug. 4, 2014
After scrambling to improve its North American manufacturing base, Japanese supplier Aisin Seiki Co. targets a dramatic improvement of profit margin in the region. But its biggest challenge remains finding high-quality American subsuppliers....
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Brakes supplier Brembo to build new U.S. plant

July 23, 2014 12:05 CET
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....
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Porsche checks Macan for possible brake problem

May 28, 2014 19:19 CET
Porsche is inspecting 2,500 Macan SUVs to check for faulty brakes, the carmaker said. The majority of the Macans were delivered to customers in Europe. No other Porsches are affected by the action, the automaker said....
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Brembo boosts N. America presence with plant expansion

May 22, 2014 06:01 CET
Brembo has announced a $115 million expansion at its U.S. brake component plant in Homer, Michigan, as the supplier predicts North America will become its No. 1 global market this year....
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Brembo boosts N.A. business with $115 million plant expansion

8:17 pm U.S. ET | May 21, 2014
Brembo, the storied Italian brake supplier to Ferrari, Porsche and Formula One race cars, is developing a major presence in the North American market. On Wednesday, the company announced the $115 million expansion of its brake component plant in Michigan....
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Brembo Q1 net profit up 74% on higher sales, good product mix

May 15, 2014 10:28 CET
Italian brake maker Brembo reported a 74 percent rise in first-quarter net profit, boosted by higher sales and a good product mix. Brembo has said it expects sales to increase by up to 10 percent this year....
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Chrysler recalls 867,795 SUVs worldwide to repair brake system

April 3, 2014 06:01 CET
Chrysler Group is recalling 867,795 Jeep Grand Cherokee and Dodge Durango SUVs to install a shield to protect brake boosters from water corrosion....
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Chrysler recalls 867,795 SUVs worldwide to repair brake system

6:30 am U.S. ET | April 2, 2014
Chrysler Group is recalling 867,795 Jeep Grand Cherokee and Dodge Durango SUVs to install a shield to protect brake boosters from water corrosion. Vehicles from the model years 2011 through 2014 will be inspected and the boosters replaced where necessary, the automaker said in a statement today....
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PSA recalls 9,285 cars in China on brake issue

Feb. 14, 2014 10:48 CET
PSA's China joint venture with Dongfeng Motor will recall 9,285 cars due to contaminated brake fluid, China's quality watchdog said....
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Brembo's Bombassei becomes billionaire on brakes for Ferrari, Porsche

Jan. 25, 2014 06:15 CET
Italian brake supplier Brembo established its foothold in racing 40 years ago with Ferrari. Since then, Brembo has expanded into a business that has made the company's chairman, Alberto Bombassei, a billionaire....
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Federal-Mogul to acquire Honeywell's brake friction business for $155 million

3:30 pm U.S. ET | Jan. 8, 2014
Diversified auto supplier Federal-Mogul has agreed to acquire Honeywell's automotive and industrial brake friction business for about $155 million....
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By-wire age is coming; what's missing is trust

12:01 am U.S. ET | Dec. 2, 2013
The auto industry is stepping up the push for car features that work by electronic impulses, but its progress has been impeded by fearful consumers and luxury owners....
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Italy's Brembo says third-quarter profit rose 50%

Nov. 12, 2013 12:00 CET
Italian supplier Brembo said its net profit rose 50 percent in the third quarter, boosted by growth in Germany, the United States, France and the United Kingdom....
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TRW, GM at odds on brake pact

12:01 am U.S. ET | Nov. 4, 2013
A price dispute between TRW Automotive Inc. and General Motors may end a $700 million brake component contract in Saginaw, Mich., sources said....
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Honda to recall 344,000 minivans in U.S. due to braking glitch

7:55 am U.S. ET | Nov. 2, 2013
Honda said it will recall about 344,000 Odyssey minivans in the United States to fix a software defect that may lead the vehicle to suddenly and harshly brake without the driver pressing the brake pedal....
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BMW recalls 176,000 4-cylinder vehicles globally to fix power brakes

Oct. 31, 2013 06:01 CET
BMW is recalling about 176,000 of its four-cylinder, gasoline-powered vehicles from the 2012-2014 model years because of potential problems with the power brakes....
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GM and TRW likely parting ways on $700 million brake contract

3:51 pm U.S. ET | Oct. 29, 2013
A dispute between TRW Automotive and General Motors may end a $700 million brake component contract, sources told Crain's Detroit Business. TRW last month disclosed that it terminated a brake component contract, representing $700 million in revenue, with an undisclosed customer....
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Nissan, Infiniti recall 188,302 SUVs to fix brake software

1:13 pm U.S. ET | Oct. 23, 2013
Nissan is recalling 188,302 mid-sized SUVs globally to fix a software problem in the antilock braking system that may lead to an increase in stopping distance....
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Calif. jury clears Toyota in fatal Camry crash

12:01 am U.S. ET | Oct. 14, 2013
In a bellwether case for lawsuits brought against Toyota Motor Corp. that allege unintended acceleration, a California jury said Toyota wasn't at fault in a fatal accident in which a 66-year-old woman crashed her 2006 Camry into a tree after it sped out of control in the wrong direction on a one-way road....
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Calif. dealer offers staff spiritual care

Calif. dealer offers staff spiritual care

Calif. dealer Bill Hoehn has something few retailers have: A full-time chaplain. The chaplain provides care and support for employees, is available 24/7 for crisis needs and even presides over weddings. Mon., September 22
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