Suppliers

Hot wheels: Blue-green, deep red, sparking gold on horizon

3:30 pm U.S. ET | July 24, 2015

Cars and trucks of the future will sport deep reds, sparkling golds, bright silvers, rich blues and deep blue-greens, trend spotters at supplier BASF's automotive coatings divisions predict....
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Tenneco Q2 profits fall 3.7%

11:00 am U.S. ET | July 24, 2015

Tenneco’s second-quarter profits dipped 3.7 percent to $78 million from the year-earlier period. Revenue, adjusted for the unfavorable impact of currency exchange rates, increased 3 percent to $2.31 billion....
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JCI profit rises on improved margins

10:20 am U.S. ET | July 24, 2015

Johnson Controls, the largest U.S. auto parts supplier, reported higher quarterly net profit on fatter margins across the company's main three business segments....
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Faurecia accelerates margin target as first-half earnings surge

July 24, 2015 10:47 CET

Faurecia's first-half earnings surged 40 percent as sales growth outpaced auto-market expansion in Europe and North America. The supplier now plans to reach an operating margin of 4.5 percent to 5 percent in the second half rather than in 2016....
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Honda's freshened Accord gets new smartphone, safety tech for 2016

5:37 pm U.S. ET | July 23, 2015

Honda unveiled a midlife update for its midsize Accord, a lightly freshened model that will play nice with both Apple CarPlay and Android Auto. The 2016 Accord sedan and coupe will also offer the Honda Sensing suite of autonomous safety features....
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Gentex Q2 profits slip; revenue rises on higher mirror shipments

3:14 pm U.S. ET | July 23, 2015

Second-quarter profits at Gentex, a mirror, camera and electronic component supplier, dipped 2.8 percent to $74.5 million compared with the year-earlier period....
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Zetsche says hacking concerns drive Mercedes bid for Nokia maps unit

July 23, 2015 12:17 CET

Daimler CEO Dieter Zetsche said a desire to have better control over data security is one of the reasons Mercedes is part of a German car-making consortium bidding for Nokia's high-definition mapping business....
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New Aisin Seiki boss pressures supplier to compete

6:33 am U.S. ET | July 22, 2015

A former Toyota executive is telling the carmaker's second-biggest supplier to raise its game across its auto parts businesses or risk being benched....
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New Aisin Seiki boss pressures supplier to compete

July 22, 2015 10:58 CET

A former Toyota executive, Yasumori Ihara, is telling Aisin Seiki, the carmaker's second-biggest supplier. to raise its game across its auto-parts businesses or risk falling behind....
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TomTom, Bosch step up joint effort to gain ground in car maps race

8:13 am U.S. ET | July 21, 2015

Dutch mapmaker TomTom has deepened its partnership in high-definition mapping with German auto supplier Robert Bosch to refine the technology crucial for autonomous driving....
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Nokia nears agreement with BMW, Audi, Mercedes on maps unit, report says

July 21, 2015 12:55 CET

Nokia is nearing an agreement to sell its maps business to BMW, Audi and Mercedes, with a decision possible as early as next week, sources said....
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VW will set up new truck business headquarters

July 21, 2015 12:14 CET

Volkswagen plans to set up its new truck business near its headquarters in Wolfsburg, Germany. The carmaker aims to build a heavy goods vehicle operation capable of taking on rivals Daimler and Volvo....
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Faurecia explores sale of bumpers unit, report says

July 21, 2015 10:26 CET

Faurecia is exploring a sale of its bumpers business, sources said, as the supplier seeks to free up resources to fund expansion in China. The unit may fetch as much as $450 million, the sources said...
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Betts, ex-Chrysler quality chief, joins Apple

9:43 pm U.S. ET | July 20, 2015

Doug Betts, the former head of global quality at Fiat Chrysler Automobiles and an expert in auto manufacturing, has joined Apple, according to the auto industry veteran's LinkedIn profile....
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For Bosch, sensors make sense

12:01 am U.S. ET | July 20, 2015

To understand the future of the high-tech automobile, check out the $1.1 billion “clean plant” built here in 2010 by Robert Bosch GmbH. The plant produces pressure sensors, accelerometers and gyroscopes that feed data to the computer chips that control a vehicle's engine, stability control system, air bags and other key functions....
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2 deal makers take charge at suppliers

12:01 am U.S. ET | July 20, 2015

Deal makers Kamsickas and Miller take charge of 2 major suppliers, Dana and IAC....
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Deal positions Magna to be a major transmission player

12:01 am U.S. ET | July 20, 2015

Magna International's $1.9 billion deal to buy German gearbox supplier Getrag gives the giant Canadian company the technology to supply transmissions for small cars to big vans and nearly everything in between....
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RICHARD TRUETT

All self-driving cars will need V2V capability

12:01 am U.S. ET | July 20, 2015

Two SUVs on a California street try to merge into the same lane at the same time and get too close. Happens all the time. Except these two vehicles were self-driving cars....
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Ferrari recalls 814 supercars for improper airbag installations

10:51 am U.S. ET | July 17, 2015

Luxury supercar maker Ferrari is recalling 814 vehicles, costing from $200,000 to more than $1.4 million, to fix driver-side airbags that were installed at an improper angle....
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Fiat Chrysler exploring $3.3 billion sale of auto parts unit Magneti Marelli, report says

4:45 pm U.S. ET | July 17, 2015

Fiat Chrysler Automobiles is considering whether to sell its auto parts maker Magneti Marelli after receiving interest from potential buyers, sources familiar with the matter told Reuters. At least two private equity funds are looking to team up with industry players and submit joint bids for Magneti Marelli, which supplies all major carmakers in Europe, the Americas and Asia, three sources said....
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Autoliv agrees to buy M/A COM automotive tech unit for $100 million

6:58 am U.S. ET | July 17, 2015

Swedish auto safety products supplier Autoliv agreed to purchase the automotive unit of semiconductor provider M/A COM Technology Solutions for a base price of $100 million plus incentives and fees....
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CHAD HALCOM

BLOG: Is the DOJ auto parts price-fixing crackdown winding down?

2:35 pm U.S. ET | July 17, 2015

After scouring the U.S. auto supply chain in a five-year crackdown on price-fixing, has the Department of Justice found something else to do?...
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Nissan likely to purchase LG batteries, report says

10:19 am U.S. ET | July 17, 2015

Nissan may follow alliance partner Renault by purchasing batteries for its future electric cars instead of exclusively building its own, CEO Carlos Ghosn said in a Wall Street Journal interview published today....
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China's Yanfeng plans $55 million Tennessee factory to supply VW

12:32 pm U.S. ET | July 16, 2015

Yanfeng Automotive Interiors, a Chinese supplier, will build a $55 million factory in Chattanooga to supply components to Volkswagen AG's nearby assembly plant....
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Honda used airbag inflators made by ARC as probe widens

6:39 am U.S. ET | July 16, 2015

Honda, the automaker worst affected by the global safety crisis involving defective airbags, said it had used inflators made by a second company under investigation in the U.S. for suspected flaws....
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