Gestamp plans stock offering, placing its value at $3.9 billionMon, 13, Mar 2017
EU fines six auto suppliers $164 million on antitrust chargesWed, 08, Mar 2017
Mahle Behr, Valeo, Denso and three other suppliers have been fined a total of $164 million by the EU's competition authorities for having operated cartels in a number of their markets. Automakers affected included VW, BMW, Mercedes, Nissan, Renault and Jaguar Land Rover.
Driverless concepts spawn real-world interiorsSun, 05, Feb 2017
BMW plans more purchasing with Daimler, report saysFri, 20, Jan 2017
BMW plans to expand its cooperation with Daimler in purchasing components, the automaker's new head of purchasing, Markus Duesmann, told a German newspaper. BMW will have to alter its procurement to meet the trend for EVs and autonomous driving, Duesmann also said.
GM asks top U.S. Supreme Court to reverse ignition switch rulingTue, 13, Dec 2016
General Motors has asked the U.S. Supreme Court to overturn an appellate court's ruling that the automaker's 2009 bankruptcy does not shield it from lawsuits over a faulty ignition switch linked to at least 124 deaths and 275 injuries.
Continental expects losses from EV products until 2019Thu, 15, Dec 2016
Continental CEO Elmar Degenhart says the supplier will continue to post losses with products for electric cars until at least 2019. Electro-mobility will only massively take off between 2025 and 2030, Degenhart told a German business magazine.
Unifor labor deals leave unanswered questionsSat, 12, Nov 2016
Automakers tap new partners to bridge tech gapSun, 25, Sep 2016
Takata receives 5 bids with Autoliv, Daicel among suitors, report saysWed, 21, Sep 2016
Takata has received five bids from potential suitors including fellow suppliers Autoliv and Daicel and buyout firm KKR as the troubled company faces mounting liabilities related to its record recalls, Bloomberg reported.
VW said to pay nearly $15 million compensation to supplier to end standoffWed, 24, Aug 2016
VW will compensate Prevent Group as part of a deal to end a supply dispute that stopped Golf and Passat production in Germany, sources said. The agreed-upon figure is $14.7 million, a German newspaper reported.
VW's crippling supplier feud shows limits of cost-cutting pushWed, 24, Aug 2016
VW production stoppages caused by defiant Bosnian supplierTue, 23, Aug 2016
In a year of almost non-stop crises following revelations of cheating on emissions tests, the force that brought VW factories to a halt wasn't regulators or a court ruling, but a defiant parts supplier from Bosnia-Herzegovina protesting at the cancellation of a contract.