Johnson ControlsFINAL ASSEMBLY A123’s troubles are latest short circuit for EVs 12:01 am U.S. ET | Oct. 22, 2012 It has been a bad stretch for true believers in electrified vehicles. One by one, startups that basked in EV hype and hoopla are bumping into grim reality as they enter the marketplace.... Read More »
China's Wanxiang may still pursue A123 after bankruptcy filing 2:33 pm U.S. ET | Oct. 17, 2012 The Chinese auto supplier that previously offered to bail out A123 Systems, the electric-car battery maker that filed for bankruptcy protection Tuesday, said it’s still interested in taking over the company.... Read More »
DUSTIN WALSH Why the A123 deal with JCI raises more questions than answers 2:37 pm U.S. ET | Oct. 16, 2012 Today's announcement that A123 Systems would seek Chapter 11 bankruptcy protection and agree to sell its automotive business to Johnson Controls currently leaves more questions than answers.... Read More »
A123 files for bankruptcy, plans to sell automotive battery business to JCIOct. 16, 2012 15:58 CET Lithium-ion battery maker A123 Systems filed for U.S. bankruptcy protection Tuesday and said supplier Johnson Controls has agreed to acquire its automotive battery business.... Read More »
A123 files for bankruptcy, plans to sell automotive battery business to JCI 9:58 am U.S. ET | Oct. 16, 2012 Lithium-ion battery maker A123 Systems filed for Chapter 11 bankruptcy protection today in federal Bankruptcy Court in Delaware and said Johnson Controls has agreed to acquire its automotive battery business.... Read More »
Cooper-Standard names CEO 12:01 am U.S. ET | Oct. 8, 2012 Cooper-Standard Holdings Inc. has hired Jeffrey Edwards, a Johnson Controls Inc. executive, as CEO.... Read More »
Johnson Controls names former Ford exec new Russia chiefOct. 2, 2012 06:01 CET Johnson Controls has picked former Ford executive Alexander Zaytsev to head its operations in Russia.... Read More »
JCI opens automotive battery recycling plant in South Carolina 12:31 pm U.S. ET | Sept. 18, 2012 Johnson Controls opened an automotive battery recycling plant in South Carolina with an investment of about $150 million, creating 250 new jobs. The company, which makes batteries and interiors for cars, said another 1,000 jobs would be created indirectly in the area.... Read More »
JCI develops seats for Kia Cee’d 12:01 am U.S. ET | Sept. 11, 2012 Johnson Controls Inc. has developed seats for the European Kia C’eed that are 12½ pounds lighter than the previous seats, reports IHS Supplier Business.... Read More »
Johnson Controls' joint venture shares top rank in seating quality survey, J.D. Power saysAug. 17, 2012 06:01 CET For the third year in a row, Avanzar Interior Technologies earned a top spot in the J.D. Power and Associates 2012 Seat Supplier Quality Rankings. Avanzar, a joint venture between Johnson Controls and SAT Auto Technologies, tied with TS Tech for the top rating, the firm reported Thursday.... Read More »
Johnson Controls' joint venture shares top rank in seating quality survey, J.D. Power says 4:15 pm U.S. ET | Aug. 16, 2012 For the third year in a row, Avanzar Interior Technologies earned a top spot in the JD Power and Associates 2012 Seat Supplier Quality Rankings. Avanzar, a joint venture between Johnson Controls and SAT Auto Technologies, tied with TS Tech for the top rating, the firm reported today.... Read More »
JCI lowers earnings outlook on soft global market, weak euroJuly 20, 2012 06:01 CET Johnson Controls said net income in the quarter that ended June 30 rose 17 percent to $417 million from $357 million but the supplier lowered its forecast for earnings in the fourth quarter because of "softness" in "global markets" and a lower euro.... Read More »
Johnson Controls to close Indiana parts plant 12:01 am U.S. ET | July 10, 2012 Johnson Controls Inc. will close a plant in Kendallville, Ind., that produces plastic injection-molded parts, the Kendallville News-Sun reports. The plant, which employs 170 workers, will close Aug. 31. The plant previously was owned by Plastech Engineered Products Inc., which filed for bankruptcy in 2008.... Read More »
Dynamic executives honored as Automotive News Europe Rising StarsJune 20, 2012 22:00 CET PSA, Ford, GM, Kia, Volvo and Johnson Controls were among the companies to have an executive named as a Rising Star by Automotive News Europe. Fifteen young and talented leaders were honored for their achievements in this year's awards presented in Monte Carlo.... Read More »
Despite slowdown, suppliers bet on China 12:01 am U.S. ET | June 11, 2012 Global suppliers, attracted by stunning growth prospects, are shrugging off this year's slowdown in auto sales in China and investing heavily in the world's largest auto market. In a global industry still recovering from the Great Recession, China offers near-certain prospects for robust growth.... Read More »
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