Johnson Controls

JCI profits fall on restructuring charges

8:46 am U.S. ET | July 18, 2014
Johnson Controls' fiscal third-quarter earnings slid 68 percent as restructuring and other charges offset a modest rise in revenue....
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Interior supplier: We'll be nimble, global

12:01 am U.S. ET | June 16, 2014
As CEO of Motus Integrated Technologies, Shannon White wants to win respect -- and higher margins -- for his company as a global supplier of sun visors, headliners and overhead consoles....
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Canadian union may strike supplier to GM plant in Oshawa, Ontario

12:41 pm U.S. ET | June 4, 2014
Unifor, which represents Canadian auto workers, will strike at Johnson Controls' Whitby, Ontario, plant if the parts maker doesn't reverse its plan to close the facility in a couple of years....
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JCI interiors finds solid ground in China

12:01 am U.S. ET | May 19, 2014
Johnson Controls Inc. isn't ready to write off the auto industry's much-maligned interiors segment....
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JCI divests control of interiors business to China's Yanfeng with joint venture

9:00 am U.S. ET | May 18, 2014
Johnson Controls will spin off its $3 billion interiors unit into a joint venture with Yanfeng Automotive Trim Systems of Shanghai. JCI may retain control of a few plants if customers request it, CEO Alex Molinaroli said....
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Johnson Controls profit rises 59% on increase in automotive business

April 24, 2014 06:01 CET
Johnson Controls, which counts on Europe for about half of its sales, reported a 59 percent jump in quarterly profit, helped by higher sales in its automotive unit....
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JCI Q1 profit rises 59% on increase in automotive business

7:57 am U.S. ET | April 23, 2014
Johnson Controls reported a 59 percent jump in quarterly profit, helped by higher sales in its automotive unit....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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