Suppliers

Continental raises margin target as European recovery boosts profit

Aug. 4, 2015 09:35 CET

Continental raised its full-year profit outlook after second-quarter earnings jumped more than expected on a strengthening European car market....
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New steels, execs say, save weight

5:42 pm U.S. ET | Aug. 3, 2015

Audi and BMW officials detailed a mixed-materials approach to lightweighting automobile bodies Monday at the seminars, saying they will use a combination of steel, aluminum and carbon fiber to save weight....
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JCI exec says seating and interiors business is healthy

12:05 pm U.S. ET | Aug. 3, 2015

The executive who is orchestrating the spin-off of Johnson Controls' $22 billion seats-and-interiors unit has a straightforward message for customers: steady as she goes....
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LINDSAY CHAPPELL

BLOG: Nissan wants you to know that size matters

10:26 am U.S. ET | Aug. 3, 2015

Nissan executives have grown fond of telling audiences that their vehicle assembly plant in Smyrna, Tenn., is now North America's largest. Last year's output: 648,000 cars and SUVs....
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JULY U.S. SALES

Sales rise 5.3% on hardy crossover, truck volume

8:30 am U.S. ET | Aug. 3, 2015

U.S. light-vehicles sales -- fueled by healthy truck demand and gains at most major automakers -- rose 5.3 percent in July, helping the industry begin the second half of 2015 on a strong note. Ford Motor Co., Nissan Motor Co., Honda Motor Co., GM, Fiat Chrysler and Hyundai-Kia all had gains between 5 percent and 8 percent while Subaru scored its sixth double-digit advance of the year....
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DAVID SEDGWICK

BLOG: Why Conti has the inside track on automated maps

12:46 pm U.S. ET | Aug. 3, 2015

Now that Mercedes, BMW and Audi are buying Nokia's HERE navigation map unit for $3.1 billion, the big winner could be Continental AG....
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JESSE SNYDER

BLOG: July's secret sauce? 'Nothing bad happening'

4:45 pm U.S. ET | Aug. 3, 2015

Why did auto sales flourish in July? “Nothing bad happening,” which as it happens, is my favorite explanation this month....
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GABE NELSON

BLOG: HERE acquisition shows maps are the new oil

4:31 pm U.S. ET | Aug. 3, 2015

High-quality digital maps, which will play a crucial role in the connected, automated cars of the future, have basically become a critical resource to the auto industry -- the new oil....
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BMW, Audi and Daimler open to other investors in map consortium, report says

Aug. 3, 2015 17:12 CET

BMW, Audi and Daimler plan to invite other investors to join the mapping consortium they have forged to compete with Google, Bloomberg reported. Talks have been held with other automakers including GM, according to the report....
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BMW, Audi, Daimler will boost self-driving push with Nokia maps acquisition

Aug. 3, 2015 08:05 CET

BMW, Audi and Daimler will buy Nokia's digital-map unit for 2.8 billion euros ($3.1 billion) in a push to extend the reach of automakers into digital services for self-driving cars....
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Q&A

High-tech turbos, rear axles push Continental's sales

11:15 am U.S. ET | Aug. 3, 2015

Continental AG's sales rose nearly $1 billion last year compared with 2013. One reason: turbochargers. Continental's new turbos are on such vehicles as the redesigned Mini Cooper and the BMW i8 hybrid sports coupe....
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Stop-start systems pick up speed in North America

11:15 am U.S. ET | Aug. 3, 2015

Stop-start systems are starting to take off in North America. By 2020, about 35 percent of vehicles sold in North America will feature stop-start systems, up from 10 percent this year, predicts Navigant Consulting, a Chicago research firm....
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Bosch targets cylinder deactivation for 4-bangers

11:15 am U.S. ET | Aug. 3, 2015

A senior executive at Robert Bosch confirmed that the German supplier is developing cylinder deactivation technology for four-cylinder engines, to improve fuel economy in small and midsize cars....
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Q&A

Plastic Omnium: Stiffer emissions rules will fuel gains

11:15 am U.S. ET | Aug. 3, 2015

Laurent Burelle, CEO of Plastic Omnium, is a high-energy executive who at 65cq says he plans to retire “sometime in the next 50 years.” There is no time to slow down because Burelle wants to boost revenue 32 percent to 7 billion euros by 2018 at the French supplier of bumpers and fuel tanks founded by his family in 1946....
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NHTSA uses FCA order to clean up industry

12:01 am U.S. ET | Aug. 3, 2015

The National Highway Traffic Safety Administration's July 24 consent decree with Fiat Chrysler Automobiles seeks to punish and remedy the automaker's safety shortcomings while also addressing recall issues vexing the entire industry....
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HARD-CORE SOFTWARE

A new breed of software engineer

12:01 am U.S. ET | Aug. 3, 2015

As auto suppliers beef up their software development, the hunt for software talent has taken on the urgency of a gold rush....
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Delphi invests in connectivity, driver assistance

12:01 am U.S. ET | Aug. 3, 2015

Delphi agreed to buy the HellermannTyton Group for 1.07 billion ($1.7 billion) to add cabling gear used in cars....
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COMMENTARY

Takata apology is a sign that accountability is new normal

12:01 am U.S. ET | Aug. 3, 2015

Times have changed. Today, consumers hold the key to the economy. The Detroit 3 control less than half the U.S. market. Consumers expect greater corporate responsibility and accountability, particularly on health and safety....
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In Bob Lutz's crystal ball, Apple, Google may win

12:01 am U.S. ET | Aug. 3, 2015

Bob Lutz, 83, has been around longer than most in the auto industry. The former General Motors, BMW, Ford and Chrysler executive knows a lot about change because he's seen so much of it. Lutz offered his vision of personal mobility in the future. He didn't say when it would happen, but he was fairly explicit on what it would look like....
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Denso maps out two-pronged mpg drive

12:01 am U.S. ET | Aug. 3, 2015

Yasushi Yamanaka, the newly appointed global r&d chief at Toyota Group mega supplier Denso Corp., is chasing two elusive methods to radically improve fuel efficiency by 2025. And neither involves sexy next-generation technologies such as electric-gasoline hybrids....
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Penske reports strong 2nd quarter, expands its online sales pilot

12:01 am U.S. ET | Aug. 3, 2015

Penske Automotive Group reported big gains in second-quarter net income on rising unit sales and a solid performance in all business segments. It also said it is expanding its online sales initiative....
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Today's Volvo XC90: A rolling computer chip

12:01 am U.S. ET | Aug. 3, 2015

When the XC90 was introduced in 2002, it had as many as 38 electronic control units -- small computers that receive data from sensors and components and issue control instructions. Now, it has as many as 107....
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Aisin aims to increase sales beyond top customer Toyota

12:01 am U.S. ET | Aug. 3, 2015

Aisin Seiki, Toyota Motor Corp.'s second-biggest supplier, is taking a counterintuitive approach to building business with its top customer. Aisin aims to increase sales to Toyota, in part, by selling more parts to Toyota's rivals....
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JTEKT targets diversification and steer-by-wire technology

12:01 am U.S. ET | Aug. 3, 2015

JTEKT Corp. is not just the world's biggest supplier of steering systems, it is the world's 19th largest auto parts supplier, period. Yet to President Tetsuo Agata, his company is still not a “real global company.” Of JTEKT's 40 top executives, for example, only one is a non-Japanese....
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Swift and secure vehicle software updates?

12:01 am U.S. ET | Aug. 3, 2015

When it comes to connected cars, Redbend, an Israeli software company, is sitting in a prime position. As automakers add software to vehicles, those systems will require updates, just as home computers and mobile devices do. And Redbend's specialty, first developed for the smartphone and personal computer markets, is to update software quickly and efficiently....
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