Johnson Controls

Johnson Controls diversifies away from autos with $1.6 billion deal

2:54 pm U.S. ET | April 16, 2014
Johnson Controls, seeking to lessen its reliance on the cyclical auto industry, agreed to acquire Texas-based ventilation products company, Air Distribution Technologies, for $1.6 billion.... Read More »

 

Consolidation is a tough tonic for interiors

12:01 am U.S. ET | Feb. 24, 2014
Give credit to Johnson Controls for pulling the plug on part of its interiors operation.... Read More »

 

Johnson Controls to sell headliner, sun visor business to private equity firm Atlas

Feb. 20, 2014 06:01 CET
Johnson Controls plans to sell its headliner and sun visor business to an affiliate of private equity firm Atlas Holdings. Johnson Controls expects to close the deal by April 30. Terms of the agreement were not disclosed.... Read More »

 

Johnson Controls to sell headliner, sun visor business to private equity firm Atlas

4:03 pm U.S. ET | Feb. 19, 2014
Johnson Controls plans to sell its headliner and sun visor business to an affiliate of private equity firm Atlas Holdings. Johnson Controls expects to close the deal by April 30, the supplier said today. Terms of the agreement were not disclosed.... Read More »

 

THE SUPPLIER SPEAKS

Big investments in seat acquisitions are starting to pay off

12:01 am U.S. ET | Jan. 27, 2014
Beda Bolzenius, chief of Johnson Controls Inc. seating operation, explains why JCI made a big bet on seats -- but not interior components or electronics.... Read More »

 

Johnson Controls says quarterly profit rose 30 percent

12:58 pm U.S. ET | Jan. 23, 2014
Supplier Johnson Controls Inc. said today its quarterly net profit rose 30 percent on sales gains, particularly in China.... Read More »

 

2014 AUTOMOTIVE NEWS WORLD CONGRESS

Supplier sees a path to 54.5 mpg without EVs

12:01 am U.S. ET | Jan. 20, 2014
The secret to achieving strict new federal fuel economy standards may turn out to be the internal combustion engine.... Read More »

 

2014 AUTOMOTIVE NEWS WORLD CONGRESS

54.5 mpg possible with today's technology, JCI executive says

4:35 pm U.S. ET | Jan. 15, 2014
Automakers can meet the CAFE target without introducing high volumes of electric cars and plug-in hybrids, said members of the purchasing panel Wednesday at the Automotive News World Congress.... Read More »

 

Visteon to buy electronics unit of Johnson Controls for $265M

10:45 am U.S. ET | Jan. 14, 2014
Visteon has agreed to purchase the automotive electronics business of Johnson Controls for $265 million in cash. The acquisition is expected to close in the second quarter of 2014.... Read More »

 

JCI estimates per-share profit will grow to $3.15-3.30 next fiscal year

8:45 am U.S. ET | Dec. 18, 2013
Johnson Controls Inc., the largest U.S. auto parts maker, forecast full-year profit growth that lagged behind analysts' estimates as the manufacturer predicted limited car-market expansion in Europe.... Read More »

 

Suppliers shed struggling noncore units

12:01 am U.S. ET | Dec. 16, 2013
This year Visteon CEO Tim Leuliette announced Visteon's electronics unit would be one of the company's two core operations, along with heating, ventilation and air conditioning systems.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

JCI tech chief predicts 5kg weight cut for front seats

Dec. 9, 2013 06:15 CET
Johnson Controls is trying to help automakers meet tougher CO2 regulations by making one of its core products – seats – as light as possible. A top executive believes that a 5kg weight reduction per front seat is “realistic” in the next five years.... Read More »

 

Ford, BorgWarner, JCI execs join congress panel

12:01 am U.S. ET | Dec. 2, 2013
A panel of experts will talk about supplier-automaker collaboration in a roundtable discussion at the Automotive News World Congress in January in Detroit.... Read More »

 

ANE monthly e-magazine goes live Monday

Nov. 29, 2013 06:01 CET
The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, Dec. 2. This edition looks at Fiat-Chrysler CEO Sergio Marchionne's new plan to relaunch struggling Alfa Romeo.... Read More »

 

Johnson Controls stock rises 4.4% after boosting buyback by $3 billion

1:25 pm U.S. ET | Nov. 21, 2013
Shares in auto supplier Johnson Controls rose to their highest level since at least 1980 after the company said it will boost a stock-buyback program by $3 billion on greater confidence in its outlook for fiscal 2014 and beyond.... Read More »

 

Johnson Controls says divesting unprofitable interiors unit is an option

Oct. 30, 2013 06:01 CET
Johnson Controls said it would explore various options for its unprofitable automotive interiors unit, including a divestiture.... Read More »

 

Q&A

JCI works on cheaper EV, hybrid batteries

12:01 am U.S. ET | Oct. 7, 2013
Brian Kesseler, newly appointed president of Johnson Controls Inc.'s Power Solutions division, says propulsion batteries for hybrid and electric vehicles don't need to last 10 years.... Read More »

 

SELF-DRIVING DREAMS

Designers on the challenges and inspiration behind autonomous design

12:01 am U.S. ET | Sept. 23, 2013
How will designers create self-driving cars? That's the question Automotive News asked seasoned stylists and design students in an effort to discover how the dream of autonomous cars can become a reality.... Read More »

 

RICHARD TRUETT

How a supplier, school breed engineering talent

12:55 pm U.S. ET | Sept. 18, 2013
If you look at the job listings at Ford, General Motors, Chrysler and others, you'll find dozens of openings for electrical engineers who can design, develop, test and calibrate batteries and electric and hybrid vehicles. Where does that leave suppliers?... Read More »

 

2013 FRANKFURT AUTO SHOW

JCI targets mild, micro hybrids with compact lithium ion battery

3:00 am U.S. ET | Sept. 11, 2013
A new compact, lightweight 48-volt lithium ion battery from supplier Johnson Controls debuting today at the Frankfurt auto show is small enough to fit under the hood of most vehicles and powerful enough to run an air conditioner.... Read More »

 

Johnson Controls will receive state aid for Slovak headrest project

Aug. 29, 2013 06:01 CET
Johnson Controls will receive state aid from the Slovak government in exchange for creating jobs through a venture to manufacture headrests in the country.... Read More »

 

Boshoku's tough lesson: Life beyond Toyota

12:01 am U.S. ET | Aug. 5, 2013
Japanese supplier Toyota Boshoku Corp. used to coast on its locked-up business making seats for its biggest shareholder and sugar daddy, Toyota Motor Corp.... Read More »

 

Johnson Controls names Molinaroli CEO as Roell retires

10:25 am U.S. ET | July 25, 2013
Alex Molinaroli will be the next president, CEO, and chairman of Johnson Controls, the company announced today. Molinaroli, 53, will replace current president and CEO Stephen Roell on Oct. 1. He will also join the company's board of directors when he becomes chairman on Jan. 1, 2014.... Read More »

 

JCI sells HomeLink to Gentex

12:01 am U.S. ET | July 22, 2013
Gentex Corp. plans to acquire the HomeLink product line from Johnson Controls Inc. for about $700 million, Reuters reported last week.... Read More »

 

Johnson Controls sells HomeLink unit to Gentex; quarterly profit rises

8:15 am U.S. ET | July 18, 2013
Johnson Controls posted a stronger-than-expected quarterly profit and said it would sell its HomeLink auto electronics business to Gentex for about $700 million.... Read More »

 

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