Suppliers

Faurecia sales boosted by European car demand, weaker euro

April 15, 2015 18:46 CET

Faurecia said its first-quarter sales rose 14 percent, helped by currency tailwinds and a recovery in European vehicle demand....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Crossovers to boost awd suppliers for rest of the decade

April 15, 2015 06:15 CET

Booming demand for SUVs and crossovers in Europe and China will keep benefiting suppliers of all-wheel-drive technology such as GKN Driveline, BorgWarner and JTEKT for the rest of the decade....
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RICHARD TRUETT

BLOG: Self-driving building blocks already in place

11:00 am U.S. ET | April 14, 2015

It will largely be the work of software writers that determines the safety, performance and comfort of autonomous cars. Engineers have already built and incorporated into today's cars much of the mechanical hardware needed for self-driving vehicles....
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ThyssenKrupp plans to sell axle systems unit, report says

9:40 am U.S. ET | April 14, 2015

German steelmaker ThyssenKrupp is selling its automotive contract assembly unit, which makes axle systems for car makers, as it seeks to streamline its activities and beef up profitability, two sources familiar with the deal told Reuters....
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Honda confirms Takata airbag rupture injured driver in March accident

6:44 am U.S. ET | April 14, 2015

Honda confirmed that a faulty airbag inflator made by Takata ruptured in a March 20 crash of a car in Florida, injuring the driver. A Honda vehicle's airbag exploded and a piece of metal shot from the bag into the driver's neck, police and hospital reports said last week....
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Valeo says Audi will use its supercharger to reduce lag and save fuel

April 13, 2015 06:01 CET

Valeo says other automakers likely will follow Audi in using its electric supercharger that boosts an engine's acceleration while also saving fuel. The supplier said Audi will launch a production car with the supercharger next year....
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FROM TVs TO EVs

Japan electronic giants embrace autos after consumer-goods struggles

12:01 am U.S. ET | April 13, 2015

Japan's storied electronics companies are struggling in the cutthroat consumer goods market amid cheaper, and often more innovative, rivals from South Korea and China. As a result, the beleaguered blue chips are trying reinventing themselves as suppliers to one of the few sectors of Japan Inc. still thriving: the auto business....
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Takata airbag on Honda Civic linked to another injury

11:32 am U.S. ET | April 11, 2015

Faulty airbags supplied by Takata have been linked to another injury involving a Honda Civic. A 2003 Civic's airbag exploded in Florida last month and a piece of metal shot out from the bag into the driver's neck, according to police and hospital reports....
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Asia-Pacific grabs bigger share of 2014 global vehicle output

2:55 pm U.S. ET | April 7, 2015

The Asia-Pacific region was the center of vehicle production again in 2014, accounting for more than half of global output, and is expected to keep grabbing a larger slice. The North American market also improved, with Mexico output jumping 10 percent....
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China gets the lion’s share of vehicle production capacity investments in 2014

7:00 pm U.S. ET | April 7, 2015

China once again captured the bulk of global investments in new or expanded vehicle production capacity last year, winning more than half of the auto industry’s total outlays earmarked to add or expand output....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Check out the ANE e-magazine for April

April 6, 2015 06:01 CET

The latest issue of the Automotive News Europe monthly e-magazine is ready for you to view. This month's edition looks at how PSA CEO Carlos Tavares made France's largest automaker operationally profitable again after three years of huge losses....
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Federal-Mogul to launch national tech training program

10:08 am U.S. ET | April 3, 2015

Federal-Mogul, the powertrain and aftermarket parts supplier controlled by billionaire investor Carl Icahn, is launching a national automotive technician training program....
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BASF sues Umicore in U.S. for patent infringements

6:59 am U.S. ET | April 2, 2015

German chemicals firm BASF said today it has sued Belgian specialty materials group Umicore in the United States for infringing two patents related to components for lithium-ion batteries....
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ANE's April e-magazine goes live Monday

April 2, 2015 06:01 CET

The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, April 6. This month's edition looks at how PSA CEO Carlos Tavares made France's largest automaker operationally profitable again after years of huge losses....
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Dura owner Lynn Tilton sues SEC after it charges her with fraud

12:04 pm U.S. ET | April 1, 2015

Escalating her battle with the federal regulators, flamboyant New York investor Lynn Tilton, who has a variety of automotive parts holdings, sued the US Securities and Exchange Commission to stop it from pursuing a case charging her with defrauding her investors....
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Bosch will plead guilty to price-fixing, pay $57.8 million U.S. fine

1:22 pm U.S. ET | March 31, 2015

German auto parts giant Robert Bosch agreed to plead guilty to price-fixing and pay a $57.8 million fine for its role in conspiring to rig bids for spark plugs, oxygen sensors and starter motors sold to the Detroit 3 automakers, the U.S. Department of Justice said today....
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Audi picks Delphi for technology bundling self-driving functions

10:44 am U.S. ET | March 31, 2015

Audi is developing a device the size of an iPad tablet that will pack all the computing power needed for a car to drive itself safely along streets and highways without crashing....
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Bang & Olufsen to sell car-audio unit to Harman

8:31 am U.S. ET | March 31, 2015

Bang & Olufsen A/S plans to sell its automotive sound-system business to Harman International Industries Inc., the US maker of JBL audio equipment, as the Danish company reorganizes to focus on consumer electronics....
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Faurecia forms joint venture with China's Dongfeng

March 31, 2015 11:26 CET

Faurecia has agreed to form a joint venture with Dongfeng Motor to help increase its presence in the world's biggest car market. Faurecia is majority-owned by PSA/Peugeot-Citroen. Dongfeng has a 14 percent stake in PSA....
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NHTSA would get stop-sale power under U.S. bill

2:59 pm U.S. ET | March 30, 2015

The National Highway Traffic Safety Administration would be able to order automakers to cease the sale of vehicles with dangerous safety defects under the Obama administration's multiyear surface transportation funding bill sent to congress today....
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Key Safety to use Mobileye vision tech to aid drivers

4:08 pm U.S. ET | March 30, 2015

Supplier Key Safety Systems said it has signed an agreement with Mobileye NV to use the software developer's vision processing chip for new types of driver assist technologies....
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Magna negotiating to sell interiors business to Grupo Antolin, report says

12:25 pm U.S. ET | March 30, 2015

Canada's Magna International is in talks to sell its car-interior business to Spain's Grupo Antolin, people familiar with the matter told Bloomberg....
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ChemChina hopes to re-list Pirelli in Italy; says counterbid will hurt investors

March 30, 2015 09:14 CET

The chairman of China National Chemical Corp. (ChemChina), Ren Jianxin, said he hopes to re-list Italy's Pirelli on the Italian stock exchange. A counterbid for Pirelli would hurt the Italian firm's investors and long-term strategy, he warned....
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LUCA CIFERRI

BLOG: While others stand up, Italy stands aside

12:01 am U.S. ET | March 30, 2015

Formula One tire supplier Pirelli will have a Chinese owner, while Ferrari styling house Pininfarina could be acquired by an Indian company. Ducati, Lamborghini and Italdesign Giugiaro are already in German hands. So why isn't Italy doing what other countries are doing to protect its domestic auto sector?...
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LUCA CIFERRI

While others stand up, Italy stands aside

12:01 am U.S. ET | March 30, 2015

Formula One tire supplier Pirelli will have a Chinese owner....
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