Suppliers

U.S. senators urge recall of all autos with Takata airbags

1:15 pm U.S. ET | Aug. 20, 2015

After reports this week of a ruptured Takata airbag in a Volkswagen vehicle, two U.S. senators today called on Japanese airbag manufacturer Takata to immediately recall all vehicles containing the company's airbags. U.S. Sens. Richard Blumenthal and Edward Markey said their move was prompted by an incident in June, in which a Takata airbag inflator in a 2015 VW Tiguan ruptured after a collision...
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Toyota said to seek supplier price cuts

Aug. 20, 2015 11:38 CET

Toyota plans to ask suppliers to cut prices for the first time in about a year in an effort to boost competitiveness, Nikkei reported. A recent drop in raw material prices has increased suppliers' ability to cut prices, the paper said....
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Schaeffler will cut 500 jobs as first-half earnings drop nearly 2%

Aug. 20, 2015 11:04 CET

Schaeffler plans to cut up to 500 jobs in Europe at its industrial division. Earnings at the unit, which makes ball bearings for cars, airplanes and industrial tools, fell 1.7 percent to 171 million euros ($190 million) in the first six months....
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Autoliv says M/A-COM unit acquisition will beef up automated-driving tech

11:00 am U.S. ET | Aug. 19, 2015

Automotive safety systems supplier Autoliv Inc. said it completed the acquisition of the automotive unit of M/A-COM Technology Solutions Holdings Inc....
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Japan faces shortage of replacement airbags as recalls expand

9:33 am U.S. ET | Aug. 19, 2015

Japan may face a shortfall in supply of replacement airbags as automakers recall 9.8 million vehicles in the country to swap out potentially defective devices made by Takata, according to its transport ministry....
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VW faces NHTSA probe after Takata airbag incident

3:51 pm U.S. ET | Aug. 17, 2015

NHTSA is widening its Takata airbag probe after a Takata side airbag in a Volkswagen SUV ruptured in June....
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Lear buys technology from California automotive app developer

3:34 pm U.S. ET | Aug. 17, 2015

Lear said today it has acquired the intellectual property and technology of Autonet Mobile, a software and device developer of automotive applications in California....
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Tesla stock price predicted to nearly double, Morgan Stanley says

1:49 pm U.S. ET | Aug. 17, 2015

Forget about a mere 15 percent increase in stock value -- how about a 90 percent one? That's how bullish Morgan Stanley analyst Adam Jonas is on Tesla....
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Germany's Mann + Hummel will buy U.S. peer Affinia's auto filter unit

Aug. 17, 2015 10:42 CET

German industrial filter maker Mann + Hummel has agreed to buy U.S. peer Affinia to boost its annual sales by $1 billion, or by more than a third, and gain access to the U.S. market for heavy-duty and hydraulic filters....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Ford exec says Google, Apple collaborations won't impact brand's identity

Aug. 17, 2015 06:01 CET

Ford doesn't feel threatened by Google and Apple's growing interest in the auto industry, said Christof Kellerwessel, the automaker's electrical engineering chief. The automaker has seen a lot of competitors "come and go" during its history, Kellerwessel told Automotive News Europe in an interview....
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GM starts harvesting tech from startups

12:01 am U.S. ET | Aug. 17, 2015

General Motors is starting to harvest technology from the 20-plus startup companies in which it has invested. GM global purchasing chief Steve Kiefer said the automaker is starting to install gadgets and technology that were bankrolled by GM Ventures....
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CarPlay and Android Auto: They're not just for millennials

12:01 am U.S. ET | Aug. 17, 2015

Look past the chrome-ier grille and LED taillights on the refreshed 2016 Accord, and you'll notice Honda has integrated both Apple CarPlay and Google Android Auto into the dashboard. This makes the new Accord one of the first few vehicles on the market to offer compatibility with both smartphone-integration systems....
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FCA gives some no-bid contracts to suppliers

12:01 am U.S. ET | Aug. 17, 2015

In an effort to upgrade quality and improve relationships with suppliers, Fiat Chrysler is reviving long-term, no-bid contracts....
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GABE NELSON

Digital maps are a precious resource

12:01 am U.S. ET | Aug. 17, 2015

High-quality digital maps, which will play a crucial role in the connected, automated cars of the future, have basically become a critical resource to the auto industry -- the new oil....
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Finelli gets serious about improving FCA's supplier relations

12:01 am U.S. ET | Aug. 16, 2015

In various surveys, suppliers have given Fiat Chrysler's purchasing unit low grades. Tom Finelli, the automaker's vice president of purchasing in North America, wants to change that....
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A FRESH START

Automakers scout the startup world for next-wave technology

12:01 am U.S. ET | Aug. 15, 2015

Automakers get it: It’s risky to ignore the fountain of ingenuity found at startups. That’s why they’re using "hackathons" and other efforts to tap the innovation flowing into the car business....
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DUSTIN WALSH

BLOG: Autonomous cars will crash and be hacked ... and that's OK

12:01 am U.S. ET | Aug. 15, 2015

Cybersecurity and the threat of chaos is a new reality in the age of connected and autonomous cars. This is the reality we live. Cars can, and will, be hacked...
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Fiat Chrysler poised to keep momentum after Ferrari spinoff

Aug. 14, 2015 17:22 CET

A recovering European car market, improving margins and well-received new models have made some analysts more bullish that Fiat Chrysler's shares will continue to rise even after it spins off Ferrari....
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Apple eyes proving grounds for self-driving car, report says

3:44 pm U.S. ET | Aug. 14, 2015

Apple is looking into using a former military base northeast of San Francisco as a high-security proving ground for autonomous vehicles it is developing, according to an online report by The Guardian, a British newspaper....
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Delphi adds tech executive to its board

12:49 pm U.S. ET | Aug. 14, 2015

Delphi Automotive said it has expanded its board of directors to include tech industry veteran Bethany Mayer....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Auto sector takes hit in Q2

Aug. 14, 2015 06:01 CET

As European stock markets retreated in the second three months of this year automakers and suppliers relinquished some of the strong gains they had recorded in shareholder value in the first quarter. The latest Automotive News Europe/PricewaterhouseCoopers Transaction Services Shareholder Value Indices reveal that the value of automakers in Q2 fell 6.5 percent while the value of their suppliers dipped 0.5 percent....
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Audi develops 500km-range battery for electric SUVs

Aug. 13, 2015 16:59 CET

Audi said it will develop batteries for electrically powered SUVs that can run more than 500km per charge. Audi said it will get cell modules for the batteries from LG Chem and Samsung SDI....
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Autoliv, ZF TRW gain from Takata's recall troubles

Aug. 13, 2015 10:33 CET

By March, Autoliv, Daicel and ZF TRW Automotive will make about 68 percent of the inflators used to repair faulty Takata airbags behind a record vehicle-safety recall. Autoliv estimates it will supply as many as 20 million replacement inflators in 2015 and 2016....
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Auto parts M&A value seen reaching record $48 billion this year

7:26 am U.S. ET | Aug. 12, 2015

Auto-supplier deal value will rise to a record this year as parts makers seek size and skills to meet demand for software that powers autonomous driving and hardware that boosts fuel efficiency, PricewaterhouseCoopers said....
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Supplier M&A may triple to $48 billion this year, PwC says

Aug. 12, 2015 13:00 CET

The value of global transactions in the auto supplier sector will more than triple to about $48 billion, PwC forecasts, as partsmakers seek size and skills to meet demand for software that powers autonomous driving and hardware that boosts fuel efficiency....
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