Suppliers

ZF's takeover bid for TRW causes stir in supplier's German home town

Sept. 9, 2014 17:09 CET
ZF Friedrichshafen's potential $11 billion takeover of TRW Automotive surprised and unsettled workers in the supplier's home town of Friedrichshafen, Germany. ZF's bid for TRW shows the financial might of Germany's stolid privately held companies....
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Delphi CEO O'Neal to retire in March; CFO Clark to succeed him

10:15 am U.S. ET | Sept. 9, 2014
Delphi Automotive said CEO Rodney O'Neal will retire in March and be succeeded by CFO Kevin Clark. O'Neal, 61, will remain with Delphi as an adviser until the end of 2015, the former General Motors parts unit said in a statement today. Clark, 52, becomes COO on Oct. 1 before taking the top job March 1....
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Major roadblocks still exist for driverless cars, panel says

8:43 pm U.S. ET | Sept. 8, 2014
Improving sensor technology, solving legal issues and getting real-time mapping and traffic information into vehicles are three roadblocks that need to be removed before driverless cars can take to the roads, a panel of experts concluded Monday in Detroit....
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MV-1 wheelchair-access vehicle now available at 107 dealerships

3:42 pm U.S. ET | Sept. 8, 2014
More than 100 dealers are now prepared to offer their customers MV-1 wheelchair-accessible vehicles, manufacturer Mobility Ventures said in a statement today....
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Bosch approaches Brazil regulator over spark plug cartel

Sept. 8, 2014 14:36 CET
Bosch says it approached Brazil's antitrust authorities after discovering it had been operating a cartel in spark plugs together with Japan's NGK Spark Plug Co. "We have reported ourselves to the authorities," the supplier said....
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Mahindra in alliance talks with PSA, Saab maker, report says

Sept. 8, 2014 10:52 CET
Indian automaker Mahindra & Mahindra is exploring alliance opportunities with PSA/Peugeot-Citroen and the maker of Saab cars, NEVS, according to a newspaper report....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Grupo Antolin aims to be the world's No. 1 interiors supplier

Sept. 8, 2014 06:15 CET
Grupo Antolin wants to become the world's largest supplier of automotive interiors, passing rivals such as Magna International, Faurecia and Johnson Controls. The Spain-based supplier is already global No. 1 for vehicle headliners....
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Verizon to launch app for car sharing, rentals

12:01 am U.S. ET | Sept. 8, 2014
Wireless telecommunications giant Verizon today announced plans to introduce a new smartphone app that would allow rental car customers to unlock a vehicle....
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Q&A

Zagato wants to create new classics

12:01 am U.S. ET | Sept. 7, 2014
While turning out countless special Zagato editions over the years, the Zagato company has had a major influence on the styling of European luxury cars, racers and airplanes. Andrea Zagato, the third Zagato to lead the company, is repositioning the company as a creator of limited-edition cars....
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Delphi lands GM for vehicle-to-vehicle warning system

5:19 pm U.S. ET | Sept. 5, 2014
Delphi Automotive PLC said it has lined up a contract to produce a vehicle-to-vehicle communication device that will warn drivers of possible accidents. General Motors later confirmed it was the customer for the system....
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Automakers, suppliers fund research toward cars that talk to each other

11:07 am U.S. ET | Sept. 5, 2014
A group of companies, including several large automakers, have joined a public-private research initiative to lay the groundwork for a system that wirelessly connects vehicles and helps smooth the flow of traffic, the University on Michigan said today....
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ZF restarts talks with Bosch to ease TRW purchase, sources say

Sept. 4, 2014 10:39 CET
ZF is restarting talks to exit its joint venture with Bosch, sources said, as it seeks to clear the way for its takeover of TRW Automotive. ZF is seeking to sell its half of the steering-systems venture to Bosch to avoid antitrust issues....
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Solvay buys Chevron Phillips' automotive plastics unit for $220 million

4:34 am U.S. ET | Sept. 4, 2014
Solvay agreed to buy a performance polymers business from Chevron Phillips Chemical for $220 million to expand its offering of lightweight plastics increasingly used to replace heavier metal parts in cars....
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Mobileye Q2 revenues jump, sees strong growth in 2014

3:43 pm U.S. ET | Sept. 4, 2014
One month after going public, Mobileye posted lower net income but sharply higher revenue on strong demand for its camera-based systems that help drivers avoid collisions....
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Cooper Standard hikes stake, gains control of Chinese auto sealing joint venture

12:37 pm U.S. ET | Sept. 4, 2014
Cooper Standard Holdings agreed to purchase an additional stake in its Chinese automotive sealing joint venture for $60 million....
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Icahn-controlled Federal-Mogul to split into two public companies

9:11 am U.S. ET | Sept. 3, 2014
Carl Icahn-controlled auto supplier Federal-Mogul Holdings said today it plans to split its two business units into two publicly-traded companies....
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Europe business chamber says China won't force foreign suppliers to form JVs

Sept. 2, 2014 12:19 CET
Recent media reports that China will force foreign automotive suppliers to form joint ventures with local companies are unfounded, the European Union Chamber of Commerce in China said....
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China targeting auto industry, other foreign companies unfairly, U.S. group says

6:30 am U.S. ET | Sept. 2, 2014
China is targeting foreign companies -- including automakers and suppliers -- with opaque laws and rules, according to a group representing U.S. businesses there, contributing to a deteriorating environment for investment in the nation....
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LETTER TO THE EDITOR

A lot to learn from past acquisitions

12:01 am U.S. ET | Sept. 1, 2014
Your stories in recent weeks about the possibility of large acquisitions in the supplier community bring to mind the quote "Those who cannot remember the past are condemned to repeat it."...
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Pick up the PACE, suppliers; apply by Sept. 5

12:01 am U.S. ET | Sept. 1, 2014
Suppliers have until the final deadline, Friday, Sept. 5, to apply for the 2015 Automotive News PACE Awards, which recognize supplier innovation....
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Ford, Nokia test map tech that makes it easy to be green

12:01 am U.S. ET | Aug. 31, 2014
Ford and a unit Finnish technology giant Nokia are developing a system that automatically manages the energy efficiency of a plug-in hybrid vehicle as it travels through zones designated by the driver. The GreenZone system would allow drivers to set up the zones using Nokia's maps on a mobile device, computer or in-car navigation system....
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Suppliers unveil the future at world car-tech conference

9:00 am U.S. ET | Aug. 30, 2014
The upcoming ITS World Congress 2014 in Detroit will highlight the global transportation industry's future of connectivity, safety and automation. The Sept. 7-11 event, which is in Detroit for the first time, is a big step for suppliers, local and global, to introduce the technology that's making up more of their bottom lines....
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AvtoVAZ mulls in-house parts production to halt monopolies, corruption

Aug. 30, 2014 10:06 CET
AvtoVAZ, the Russian carmaker controlled by Renault-Nissan, may bring some parts production in-house to gain more competitive pricing and stamp out corruption in its local supply chain....
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Hong Kong firm acquires majority stake in supplier Key Safety Systems

12:46 pm U.S. ET | Aug. 29, 2014
Hong Kong private equity firm FountainVest Partners completed a deal to become the majority shareholder in automotive safety products supplier Key Safety Systems. The deal could be worth as much as $800 million, a Bloomberg report out of China said in April....
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Ford wins dismissal in U.S. of claims it aided apartheid

9:19 pm U.S. ET | Aug. 28, 2014
Ford won dismissal of a lawsuit claiming the company aided South Africa's apartheid regime, with a judge saying it couldn't be sued in the U.S. over actions of their units overseas....
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Defying Dad, by building on his legacy

At Courtesy Auto Group in Illinois, second-generation dealers Ray and Rik Fregia have seen a 30 percent boost in sales this year, thanks largely to million-dollar overhauls at their three stores. Mon., September 15
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