Suppliers

Saab's owner seeks partner to secure brand's future

Aug. 19, 2014 11:15 CET
Saab's owner, National Electric Vehicle Sweden, says it is in discussions with potential partners as it seeks to restart car production and develop future models....
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Magna CEO in a shopping mood in post-Stronach era

6:54 am U.S. ET | Aug. 19, 2014
Magna International, the largest auto supplier in North America, will consider purchases of as much as $4 billion as it distances itself from debt-averse founder Frank Stronach....
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Toyota makes stronger showing in J.D. Power seat quality study

2:25 pm U.S. ET | Aug. 18, 2014
Toyota made sizable gains in a JD Power seat quality study, with six of the 21 vehicles recognized for superior seating, two more than last year. Ford's C-Max also had a strikingly lower instance of seat-related problems than any other car in the study....
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Sensata to buy pressure-sensor maker Schrader in $1 billion deal

7:28 am U.S. ET | Aug. 18, 2014
Sensata Technologies Holding NV plans to buy Schrader International Inc. from Madison Dearborn Partners LLC for an enterprise value of $1 billion to expand in sensors that warn against low tire pressure....
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Suppliers prepare for growth, allocate more funds for M&A

12:01 am U.S. ET | Aug. 18, 2014
North American suppliers are budgeting more funds for mergers and acquisitions as they seek to boost market share and expand product lineups....
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Mexico wants more Tier 2 suppliers

12:01 am U.S. ET | Aug. 18, 2014
Mexico's auto industry has launched a long-term effort to develop a national network of Tier 2 suppliers....
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Continental lures Google self-driving exec in Silicon Valley push

1:22 pm U.S. ET | Aug. 18, 2014
German supplier Continental AG is growing its Silicon Valley presence to help car companies roll out autonomous driving and other “intelligent” features over the coming years -- and it has hired one of Google's self-driving car executives to lead the effort....
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Suppliers see money in software

12:01 am U.S. ET | Aug. 18, 2014
Harman International, a top producer of speakers and other in-car audio equipment, plans to ease out of hardware so it can concentrate on software as its core automotive product....
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Chrysler purchasing chief faces tall order

12:01 am U.S. ET | Aug. 18, 2014
So much for Tom Finelli's honeymoon phase as Chrysler Group's new purchasing chief for North America. The protégé of the late and highly respected Dan Knott has little time to win the trust of wary suppliers....
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Bosch to sell laser-based radar by '20

12:01 am U.S. ET | Aug. 18, 2014
German supplier Robert Bosch GmbH will sell a laser-based radar known as lidar by 2020 to meet demand for high-tech sensors in autos...
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EDITORIAL

Slowdown ahead?

12:01 am U.S. ET | Aug. 18, 2014
Five years into a long, steady auto sales recovery, economists and forecasters are seeing darker clouds on the horizon....
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EDITORIAL

Loose lips can sink supplier-carmaker relationships

12:01 am U.S. ET | Aug. 18, 2014
Chrysler CEO Sergio Marchionne wants some of the profits that suppliers are getting....
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Confident parts makers plan to expand and hire

12:01 am U.S. ET | Aug. 18, 2014
Flush with cash and fat order books, North American suppliers are increasing capital expenditures, hiring workers and raising funds for possible acquisitions....
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Novelis beefs up recycling of aluminum

12:01 am U.S. ET | Aug. 18, 2014
Novelis Inc. is putting its new automotive aluminum recycling line through final testing to reuse scrap from customer Ford Motor Co....
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ZF plans big expansion of Shanghai r&d center

Aug. 17, 2014 06:01 CET
ZF Friedrichshafen is investing 50 million euros (412 million yuan) in a fivefold expansion of its Shanghai headquarters and research hub....
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Mopar, 3M team up for Jeep map decals

12:01 am U.S. ET | Aug. 17, 2014
A consumer looking to personalize a Jeep Grand Cherokee, Wrangler or Cherokee designs a map online that will later be installed by a dealer on the SUV's hood....
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Automakers make room for Pandora

12:01 am U.S. ET | Aug. 16, 2014
Internet radio is starting to look like a must-have infotainment feature, judging by the number of Pandora users....
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Smartphone camera makers see next opportunity in cars

2:23 pm U.S. ET | Aug. 15, 2014
South Korean smartphone camera makers are tapping the surging yet more technologically demanding market for vehicle cameras to dull the impact of slowing growth in global handset sales....
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Autoliv ups focus on fast-growing active safety business

Aug. 15, 2014 06:01 CET
Autoliv, the world's largest maker of seat belts and airbags, is reorganizing to put more focus on its fast-growing, high-margin active safety business....
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ZF talks for TRW said to hinge on Bosch JV exit

Aug. 15, 2014 10:25 CET
ZF's ambitions to takeover TRW and become the world's No. 2 supplier are being held up by negotiations to exit a steering-systems joint venture with Robert Bosch, according to people familiar with the matter....
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U.S. awards more than $55 million in vehicle technology grants

3:50 pm U.S. ET | Aug. 14, 2014
The Department of Energy has awarded more than $55 million in grants to companies including Ford, Delphi Automotive Systems and others for advanced vehicle technology r&d projects....
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Auto-paint supplier seeks $1 billion from IPO, report says

11:20 am U.S. ET | Aug. 14, 2014
Axalta Coating Systems, DuPont's former auto-paint unit, is working with Citigroup and Goldman Sachs on an initial public stock offering with hopes of raising $1 billion, people familiar with the matter told Bloomberg....
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Ford demonstrates Magna's seamless rear window on new F-150

4:04 pm U.S. ET | Aug. 13, 2014
Ford today demonstrated its “seamless sliding rear window” feature developed by Canadian supplier Magna International for the new 2015 Ford F-150 pickups....
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German gov't wants e-bikes to replace trucks for local deliveries

Aug. 11, 2014 14:49 CET
Chancellor Angela Merkel's government is looking for ways to encourage electric bikes to replace trucks for local freight shipments in Germany. BMW and Daimler's subsidiary, Smart, already offer e-bikes....
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LG Display wants 30% auto-screen share by 2018

Aug. 11, 2014 06:04 CET
LG Display, the world's second-largest flat panel maker, is aiming to nearly double its share of the in-vehicle auto screen market....
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