Superior Industries more than triples Q1 net incomeWed, 27, Apr 2016
Aluminum-wheel supplier Superior Industries more than tripled its first-quarter net income, driven by a 25 percent gain in wheel shipments.
Icahn's Federal-Mogul returns to profitability in Q1Wed, 27, Apr 2016
Carl Icahn-controlled Federal-Mogul today reported a $35 million profit in the first quarter as sales in its aftermarket parts division rose 7.5 percent.
Automakers face deadline to challenge deposition orders in supplier price-fixing litigationWed, 27, Apr 2016
General Motors, Fiat Chrysler, Toyota and other automakers by next week must decide if they will challenge an order that they give depositions in the massive Detroit civil lawsuit alleging price-fixing in the supply chain.
Lear net income surges 69% in Q1Wed, 27, Apr 2016
Seating and electronics supplier Lear reported today a 69 percent increase in first-quarter net income, driven by rising sales and demand for its parts.
Mazda sees operating profit falling 25% this fiscal yearWed, 27, Apr 2016
Mazda said it expects its operating profit to fall 25 percent in the current fiscal year because of a stronger yen and a slowdown in China and other emerging economies.
Bosch CEO: We did not say that Fiat is using defeat devicesWed, 27, Apr 2016
Bosch did not say that Fiat is using an illegal defeat device, the supplier's CEO, Volkmar Denner, said today. "At no point in time did Bosch communicate that Fiat is using a non-authorized defeat device."
Bosch posts record revenue on safety and assistance systems, warns of slowdownWed, 27, Apr 2016
German auto parts maker Robert Bosch said it expected sales to rise at the lower end of its 3 to 5 percent forecast range this year if a slowdown in the first quarter continues.
Tenneco Q1 net income up 16% on record revenueTue, 26, Apr 2016
Ride-control and emission-control supplier Tenneco has reported a 16 percent rise in first-quarter net income on a wave of record revenue.
Toyota estimates loss in output from Japan quakes at 80,000 vehiclesSun, 24, Apr 2016
Toyota expects to lose 80,000 units of production after shutting down nearly all of its assembly plants in Japan after two killer earthquakes disrupted parts supplies.
Panasonic to make push into autonomous techMon, 25, Apr 2016
Consumer electronics maker Panasonic grew big in automotive with vehicle displays and batteries for electric vehicles. But now, the supplier is looking for even bigger growth from its emerging technologies for autonomous-drive cars.
Valeo CEO outlines how supplier will evolve to keep pace with megatrendsSat, 23, Apr 2016
Autonomous driving, car-sharing and electric powertrains are currently some of the megatrends shaking up the car industry and forcing suppliers to evolve quickly to keep pace with developing technology, Valeo CEO, Jacques Aschenbroich, explained to Automotive News Europe.
Getting drivers hooked on connectivityMon, 25, Apr 2016
In an unusually rich promotion for the everyman compact market, Chevy is offering two years of free OnStar and Sirius XM satellite radio and a slug of monthly data use on the Cruze's 4G LTE Wi-Fi service.