Suppliers

VW sets sights on Apple-like model updates with speed task force

1:04 pm U.S. ET | July 16, 2014
VW plans to mimic the fast-paced rollouts of products made by the likes of Apple to adapt quicker to changing customer demands for technology in its cars....
Read More »

 

Visteon transferring $350 million in pension assets to Prudential

1:40 pm U.S. ET | July 16, 2014
Visteon entered into an agreement to transfer a portion of its U.S. pension assets to Prudential Insurance of America as part of its ongoing restructuring....
Read More »

 

Nissan latest automaker to suspend South Africa production amid strike

8:18 am U.S. ET | July 16, 2014
Nissan joined carmakers including Toyota and Ford in halting production in South Africa as a strike by metalworkers cut auto-component supplies....
Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Experts disagree on how to handle massive data from self-driving cars

July 16, 2014 06:01 CET
Experts have differing views on what to do with the mountain of data that is likely to be generated by autonomous vehicles when computers control much of our cars' functions in the future....
Read More »

 

THE GM RECALL

GM revises way legal staff handles safety suits

9:35 pm U.S. ET | July 15, 2014
GM has hired an outside legal firm to review the company's litigation practices and has revised the way it handles civil lawsuits so that cases involving serious injuries or deaths will be reviewed by the company's general counsel and engineering staffs, GM's top lawyer plans to tell a Senate panel on Thursday....
Read More »

 

BMW open to sharing battery technology with rivals

July 15, 2014 09:52 CET
BMW is open to sharing with rival automakers the EV battery cell technology it co-developed with Samsung SDI. Sharing the technology would reduce the cost of the battery cells -- the most expensive part of an electric vehicle....
Read More »

 

Sales staff gets more responsibility, higher pay

12:01 am U.S. ET | July 14, 2014
Sonic Automotive began preparing its staff for the transition to its One Sonic-One Experience initiative years ago when it launched its playbooks, or guides for how to sell used cars, new cars, finance and insurance products and so on....
Read More »

 

Linde first company to open hydrogen fueling station production line

12:59 pm U.S. ET | July 14, 2014
German industrial gases maker Linde AG opened what it said was the world's first production line for hydrogen fueling stations today, in a bid to boost support networks for eco-friendly cars....
Read More »

 

Honeywell merging turbocharger business into aerospace unit

12:35 pm U.S. ET | July 14, 2014
Honeywell is merging its transportation systems unit into its aerospace division to take advantage of similarities between the businesses....
Read More »

 

ZF bucks trend in bid for TRW

12:01 am U.S. ET | July 14, 2014
In an era in which many suppliers are shedding noncore business lines, Germany's ZF Friedrichshafen AG is looking to bulk up by bidding for TRW Automotive Holdings Corp....
Read More »

 

Used-vehicle prices soften, demand strong

12:01 am U.S. ET | July 14, 2014
Used-vehicle prices are beginning to soften as more units come off lease, but they remain above last year's levels and aren't depreciating as fast as in pre-recession days....
Read More »

 

Top Toyota designer heads to Yamaha

12:14 pm U.S. ET | July 11, 2014
Akihiro “Dezi” Nagaya, a key designer who brought more emboldened, emotional styling to Toyota and Lexus vehicles, has been named design general manager for affiliate Yamaha Motor Co....
Read More »

 

ZF-TRW combination could spark more supplier deals

4:02 pm U.S. ET | July 11, 2014
German supplier ZF Friedrichshafen's takeover offer for rival TRW Automotive looks unlikely to draw rival bids for the Michigan-based company, but could trigger further deals down the line, bankers and analysts said today....
Read More »

 

Honda, Toyota, Nissan meet with Obama about supplier aid pledge

3:43 pm U.S. ET | July 11, 2014
President Barack Obama is enlisting several major U.S. and multinational companies, including automakers Honda, Nissan and Toyota, to draw attention to an initiative aimed at helping small businesses expand and hire workers....
Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Ex-Opel CEO Stracke eyes acquisitions to boost Magna Steyr's engineering unit

July 11, 2014 06:01 CET
Karl-Friedrich Stracke, Magna Steyr's head of vehicle technology and engineering, is betting on acquisitions in China. The supplier is watching the M&A market very closely, Stracke said in an interview....
Read More »

 

Bosch sees 2014 sales growth at top end of range

July 10, 2014 19:09 CET
Bosch expects full-year sales to be at the top end of its target range, CEO Volkmar Denner said. Bosch has forecast revenue growth of between 3 and 5 percent for 2014....
Read More »

 

TRW attracts takeover offer from ZF Friedrichshafen, report says

10:56 am U.S. ET | July 10, 2014
TRW Automotive, the world's biggest car-safety equipment supplier, has received a preliminary takeover approach from Germany's ZF Friedrichshafen AG, people with knowledge of the matter told Bloomberg. If completed, it would be the largest auto supplier takeover in seven years....
Read More »

 

Superior investor touts board slate in proxy fight

4:12 pm U.S. ET | July 9, 2014
GAMCO Asset Management, the largest institutional shareholder of aluminum wheel supplier Superior Industries, today unveiled its slate of board nominees it wants shareholders to elect at Superior's annual meeting next month....
Read More »

 

Penske Logistics to close site servicing Ford

3:20 pm U.S. ET | July 9, 2014
Penske Logistics, the lead logistics provider for Ford in North America, plans to shut down a site south of Detroit in September and cut 183 jobs....
Read More »

 

THE GM RECALL

Delphi CEO summoned to Capitol Hill on GM recall

4:01 pm U.S. ET | July 8, 2014
Delphi Automotive, which supplied the faulty ignition switch at the center of General Motors' safety crisis, will join GM on Capitol Hill's hot seat....
Read More »

 

Superior Industries faces proxy fight over board members

4:08 pm U.S. ET | July 8, 2014
Aluminum wheel supplier Superior Industries International faces a shareholder proxy fight at its annual meeting next month....
Read More »

 

Delphi latest in fight over offshore U.S. tax shelters

2:47 pm U.S. ET | July 8, 2014
Delphi Automotive plc is in the crosshairs of a battle between the IRS and many large American companies over the use of offshore tax shelters. Delphi is the latest corporation in dispute with the federal government over its tax practices. The IRS notified the supplier last month it would be taxed as a domestic corporation, despite its previously established tax domicile in the United Kingdom....
Read More »

 

Subaru recalls cars with Takata airbag inflators in U.S.

1:32 pm U.S. ET | July 8, 2014
Subaru of America is recalling 8,557 older model cars in the United States equipped with potentially defective airbag inflators made by Japanese supplier Takata, the automaker and federal regulators said today....
Read More »

 

Supplier aims to be a go-to source for weight loss

12:01 am U.S. ET | July 7, 2014
One of the first things Ramzi Hermiz asked for after taking over Shiloh Industries less than two years ago was a slimmer corporate logo....
Read More »

 

Mazda to recall 42,000 cars with Takata airbags in China

8:18 am U.S. ET | July 7, 2014
Mazda will recall over 42,000 cars produced in China due to issues over airbags supplied by Takata Corp, a firm which is at the heart of massive recalls globally....
Read More »

 

Special Report
Fewer bosses, Disney savvy, $2 idea lift stores

Fewer bosses, Disney savvy, $2 idea lift stores

A Chrysler Group dealership chain is stripping away layers of management to sell cars faster. A Chevrolet-Cadillac store is enchanting customers through Disney training. Mon., July 21
» Watch the Video
     
News by Brand


Rocket Fuel