Brakes

Haldex first-quarter profit rises 37%

April 24, 2015 11:10 CET

Swedish supplier Haldex said operating profit rose 37 percent in the first quarter to 115 million Swedish crowns (12.2 million euros) as the company repeated its forecast for markets to grow at a slower pace this year....
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DANIEL SANDBERG, CEO, BREMBO NORTH AMERICA

Brembo thrives on growing performance market

12:01 am U.S. ET | April 20, 2015

Brembo, the Italian brake manufacturer, is on a roll. The company's global 2014 revenue grew 15 percent to nearly $2.20 billion. But Brembo has plenty of challenges. The company wants to hire more engineers, and automakers are demanding lighter weight parts....
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NHTSA warns of rust on brakes in cold-weather states

6:30 am U.S. ET | April 9, 2015

Safety regulators warned millions of owners of older model vehicles in "Rust Belt" states to get their brake systems checked for corrosion, a warning that stems from a long-running investigation of complaints about GM trucks and SUVs....
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NHTSA to add automatic braking to star ratings

1:23 pm U.S. ET | Jan. 22, 2015

Federal regulators will add automatic braking to a list of technologies considered in its influential star-rating advisory system for consumers. Transportation Secretary Anthony Foxx announced the change today during a meeting in Washington with automotive engineers....
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Subaru recalls 200,000 U.S. vehicles second time for brake line fix

10:05 am U.S. ET | Jan. 8, 2015

Subaru of America is recalling nearly 200,000 vehicles for a second time in the United States to fix brake lines that may leak fluid due to corrosion from salty, wintery roads, which could lead to longer stopping distances and increase the risk of a crash....
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Toyota overhauls supply chain to aid r&d efforts

6:30 am U.S. ET | Dec. 9, 2014

Toyota is overhauling its Toyota Group supplier network to better support its next generation product platform and develop advanced active safety technologies....
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Brembo Q3 net profit increases 51%

Nov. 15, 2014 06:15 CET

Italian brake maker Brembo reported a 51 percent rise in third-quarter net profit, boosted by higher sales and better margins. The supplier now targets sales to grow about 14 percent to 15 percent this year, up from a previous goal of 13 percent....
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Renault recalls Clio, Kangoo on brake problems

Sept. 25, 2014 11:04 CET

Renault has recalled about 402,000 units of its top-selling Clio subcompact and 64,000 Kangoo vans because of brake problems. The Renault-built Mercedes Citan also has been affected, resulting in the second recall for the van since May 2013....
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GM issues 2 recalls, stop-sale orders for 2015 Corvettes

8:58 pm U.S. ET | Sept. 11, 2014

General Motors is issuing two more recalls, both on the 2015 Chevrolet Corvette, according to stop-delivery orders sent to dealers today. The recalls, GM's first in more than a month, bring its total number for the year to 67....
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Brembo wins new Japanese motorcycle and first-time aviation contracts

Aug. 8, 2014 06:01 CET

Italian brake specialist Brembo expects to conclude a supply contract with a fourth high-end Japanese motorbike manufacturer and is also expanding into the aviation sector....
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Ford counts on free brake pads to boost service visits

12:01 am U.S. ET | Aug. 4, 2014

Ford Motor Co. dealers today are launching a program that offers lifetime replacement of brake pads for Ford, Lincoln and Mercury vehicles....
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After investment, Aisin eyes N.A. profit surge

12:01 am U.S. ET | Aug. 4, 2014

After scrambling to improve its North American manufacturing base, Japanese supplier Aisin Seiki Co. targets a dramatic improvement of profit margin in the region. But its biggest challenge remains finding high-quality American subsuppliers....
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Brakes supplier Brembo to build new U.S. plant

July 23, 2014 12:05 CET

Italian brakes manufacturer Brembo will build a new foundry in Michigan to expand its manufacturing capability in the United States, betting on the continued strength of the country's automotive sector....
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Porsche checks Macan for possible brake problem

May 28, 2014 19:19 CET

Porsche is inspecting 2,500 Macan SUVs to check for faulty brakes, the carmaker said. The majority of the Macans were delivered to customers in Europe. No other Porsches are affected by the action, the automaker said....
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Brembo boosts N. America presence with plant expansion

May 22, 2014 06:01 CET

Brembo has announced a $115 million expansion at its U.S. brake component plant in Homer, Michigan, as the supplier predicts North America will become its No. 1 global market this year....
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Brembo boosts N.A. business with $115 million plant expansion

8:17 pm U.S. ET | May 21, 2014

Brembo, the storied Italian brake supplier to Ferrari, Porsche and Formula One race cars, is developing a major presence in the North American market. On Wednesday, the company announced the $115 million expansion of its brake component plant in Michigan....
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Brembo Q1 net profit up 74% on higher sales, good product mix

May 15, 2014 10:28 CET

Italian brake maker Brembo reported a 74 percent rise in first-quarter net profit, boosted by higher sales and a good product mix. Brembo has said it expects sales to increase by up to 10 percent this year....
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