Components

VW worker killed by robot in Germany

July 2, 2015 11:39 CET

Volkswagen said a contractor was crushed to death by a robot at its German components factory in Kassel. The 21-year-old worker was setting up the robot on an electric motor assembly line when it grabbed him and forced him against a metal plate....
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German cartel office fines suppliers 75 million euros for price fixing

June 24, 2015 10:48 CET

Germany's cartel office has imposed about 75 million euros ($84.12 million) of fines on five automotive suppliers for price fixing....
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Nvidia plans leap from Audi navigation systems to self-driving cars

May 15, 2015 11:52 CET

Nvidia had a thriving business in supplying powerful graphics processors for video game consoles and laptop computers when VW Group asked it to adapt the same three-dimensional displays for the dashboards of Audi vehicles. Now the chipmaker has its eye on self-driving cars....
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TRW details China plans, sale of unit

12:01 am U.S. ET | April 27, 2015

TRW, the safety components supplier being acquired by Germany's ZF, said it plans to open three plants in China this year and next. It also will sell its linkage and suspension business to Tokyo conglomerate THK, to help clear the way for ZF's purchase....
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Oman will use Italian expertise to help build auto industry

April 17, 2015 06:01 CET

The Oman government has bought into an Italian supplier as part of its goal to develop car production in the oil-rich Middle Eastern state. The state-owned Oman Investment Fund last month bought a 40 percent stake in Italian thermoplastic parts supplier Sigit....
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Porsche will buy 25% stake in carbon fiber maker

March 3, 2015 13:30 CET

Porsche plans to buy a 25 percent stake in German carbon fiber producer Capricorn Composite, widening access to the lightweight material it uses in its LMP1 and 918 Spyder sports cars....
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ElringKlinger may cancel EV contract

March 2, 2015 15:14 CET

German supplier ElringKlinger says it may terminate a contract to supply a major customer with components for electric cars to halt continued losses at its E-Mobility business....
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Continental increases microcontroller output in China

Feb. 24, 2015 12:45 CET

Continental says it has launched production of transmission control units on a second line at its plant in Tianjin, China. The German supplier's transmission division entered China in 1998. Aside from its factory in Tianjin, the unit has an r&d center in Shanghai....
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GKN sees more growth this year after 2014 profits rise 4%

Feb. 24, 2015 11:12 CET

UK supplier GKN reported a 4 percent rise in annual profit last year and said it expected to grow again in 2015, helped by the continued strong demand for car parts....
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Cooper-Standard plans to close factories in Europe in cost-cutting move

Feb. 10, 2015 06:01 CET

U.S. supplier Cooper-Standard Automotive plans to shutter factories and cut jobs in Germany and France as it restructures its European operations.The company, which has 12 factories in western Europe, declined to name which factories will be closed or downsized....
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BMW will use Indian suppliers for some local parts

Feb. 4, 2015 10:52 CET

BMW's India unit said it will partner with seven domestic suppliers to source components for local production of cars at its Chennai plant in southern India....
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VW targets 'significant' savings by reducing variety of parts

Jan. 21, 2015 16:36 CET

Volkswagen Group plans to boost profitability by scaling back the range of components at its main VW brand. Reducing the variety of parts used in VW vehicles will offer "significant savings potential," finance chief Hans Dieter Poetsch said....
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Grupo Antolin, Dongfeng Visteon form China JV for interior parts

Dec. 5, 2014 06:01 CET

Spanish supplier Grupo Antolin is forming a joint venture with Dongfeng Visteon to produce interior components in China. The JV will supply components to Renault, PSA/Peugeot-Citroen and other customers....
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VW names veteran exec Schmall as components chief

Dec. 4, 2014 10:06 CET

VW named Thomas Schmall as the new core brand board member responsible for components – a key post that carries with it the potential for political friction with the carmaker's powerful German unions over a shakeup of parts production....
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European chamber urges China to ease aftermarket rules

Sept. 12, 2014 14:03 CET

The European Union Chamber of Commerce in China has urged the nation's government to allow more competition for vehicle aftermarket service as it says current regulations are the "key driver" of the monopoly situation that has led to state probes within the auto industry....
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Regulators' sweep threatens auto parts business model

Aug. 25, 2014 12:32 CET

Suppliers who have colluded for years to inflate parts prices for automakers, dealers and repair shops in a global market with annual sales of more than 80 million vehicles, are now being exposed in a worldwide sweep by regulators....
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China finds Mercedes guilty of price fixing, report says

Aug. 18, 2014 10:53 CET

Mercedes has been found guilty of manipulating prices for aftersales services in China, the official Xinhua news agency reported. Foreign automakers have been under scrutiny in China amid reports by state media that they are overcharging consumers....
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GM looks for alternative supplies in China after deadly factory blast

5:34 am U.S. ET | Aug. 3, 2014

GM has asked one of its Tier 1 suppliers in China to find an alternative source of components after an explosion ripped through a factory on Saturday, killing at least 75 people and injuring 185....
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