InteriorsFaurecia is poised to deploy cost-cutting plan for EuropeMay 30, 2013 12:49 CET Faurecia said its efforts to reduce costs will be in place by the end of next month. The supplier plans to eliminate about 3,000 jobs in its home region.... Read More »
Chinese interior-trim supplier Huaxiang acquires German counterpart HIBMay 28, 2013 14:31 CET Ningbo Huaxiang Electronic Co., a major Chinese interior-trim supplier, has acquired German counterpart HIB Trim Part Solutions Group. HIB supplies wood, metal and carbon fiber interior trim to BMW, Daimler and Volkswagen Group.... Read More »
NICK BUNKLEY In the computer age, it's time to analog-off 3:04 pm U.S. ET | April 5, 2013  My 2-year-old son recently started asking about the clock hanging on the wall of his bedroom. What does learning how to tell time have to do with cars? Ideally, nothing, because analog clocks have no reason to be in cars anymore.... Read More »
MARK RECHTIN Why the '14 Honda Odyssey won't be a crummy minivan 5:00 pm U.S. ET | March 26, 2013  Don't take this the wrong way, but the 2014 Honda Odyssey sucks. Literally. For its midcycle freshening, the Odyssey is including the "HondaVAC," which Honda claims is the first-ever in-vehicle vacuum system.... Read More »
Johnson Controls explores sale of auto-electronics division 2:01 pm U.S. ET | March 6, 2013  Johnson Controls said it has hired JP Morgan to explore the potential sale of its automotive electronics unit and denied having plans to sell its interiors business.... Read More »
Auto recovery will take longer in Europe than U.S., Visteon CEO says 9:10 am U.S. ET | March 1, 2013  The auto industry's turnaround efforts will take longer to gain traction in Europe than in the United States, where some companies were able to see the fruits of their plans within a year, Visteon CEO Tim Leuliette said Thursday.... Read More »
Johnson Controls to build 10 more seating plants in China 11:08 am U.S. ET | Dec. 19, 2012  Johnson Controls plans to build 10 more auto seating plants in China over the next five years as part of a long-term strategy that calls for continued growth in China and slow expansion in the North American market to offset expected slowdowns in Europe.... Read More »
NEW PRODUCT ANALYSIS Toyota touts roomier 2013 RAV4 with improved transmission 12:01 am U.S. ET | Dec. 18, 2012  Toyota was the first automaker to bring a compact crossover to the U.S. market. But since 1995, Toyota's dominance of the segment has eroded. It now resides in fourth place in the segment sales race. Toyota hopes its 2013 RAV4 redesign will erase that deficit and return the brand to the thick of the chase.... Read More »
Audi will pursue new design strategyNov. 13, 2012 10:38 CET  Audi says it intends to pursue a new design strategy that will differentiate more between model lines, allow a greater integration of technical features and give emphasis to creating individual styling that pairs the exterior and interior of a vehicle.... Read More »
Johnson Controls names former Ford exec new Russia chiefOct. 2, 2012 06:01 CET  Johnson Controls has picked former Ford executive Alexander Zaytsev to head its operations in Russia.... Read More »
Chevy marks the end to front bench seats in cars 3:02 pm U.S. ET | Sept. 28, 2012  Chevrolet has done away with front bench seats in the redesigned 2014 Impala. The century-long run for front bench seats in passenger cars ends with the 2013 Chevrolet Impala -- the last car in North America to offer them, GM said today.... Read More »
Visteon said to consider Leuliette as CEO while eyeing unit saleSept. 14, 2012 06:34 CET  Visteon is leaning toward naming interim Chief Executive Officer Tim Leuliette to the post permanently after ousting its CEO last month, people familiar with the plans said.... Read More »
Germany's ContiTech supplies seat material to GM's microvan ventureSept. 12, 2012 11:42 CET ContiTech, a division of the German supplier Continental AG, said it has started supplying interior trim material to SAIC-GM-Wuling Automobile Co., General Motors' microvan joint venture in China.... Read More »
Continental to build infotainment plant in ChinaAug. 31, 2012 09:02 CET  German supplier Continental has signed an agreement with the Chinese city of Wuhu to build a 33 million euro (262 million yuan) plant to produce infotainment components.... Read More »
Johnson Controls' joint venture shares top rank in seating quality survey, J.D. Power saysAug. 17, 2012 06:01 CET For the third year in a row, Avanzar Interior Technologies earned a top spot in the J.D. Power and Associates 2012 Seat Supplier Quality Rankings. Avanzar, a joint venture between Johnson Controls and SAT Auto Technologies, tied with TS Tech for the top rating, the firm reported Thursday.... Read More »
Johnson Controls' joint venture shares top rank in seating quality survey, J.D. Power says 4:15 pm U.S. ET | Aug. 16, 2012 For the third year in a row, Avanzar Interior Technologies earned a top spot in the JD Power and Associates 2012 Seat Supplier Quality Rankings. Avanzar, a joint venture between Johnson Controls and SAT Auto Technologies, tied with TS Tech for the top rating, the firm reported today.... Read More »
2012 MANAGEMENT BRIEFING SEMINARS Chrysler's Busse: Interiors now have soul 4:05 pm U.S. ET | Aug. 8, 2012  Chrysler Group's head of interior design said the automaker's bankruptcy helped transform its autos' new interiors. Klaus Busse, the lanky German ex-pat who stayed on with Chrysler when former employer Daimler departed in 2007, said the inside of Chrysler's vehicles now have the soul they lacked five years ago.... Read More »
Lear's Q2 profits drop 18% on weak EuropeAug. 3, 2012 06:01 CET  Lear's second-quarter earnings fell 18 percent because of "challenging" business conditions in Europe, the supplier of seats and electric power management systems said.... Read More »
Lear's Q2 profits drop 18% on weak Europe 7:31 am U.S. ET | Aug. 2, 2012  Lear's second-quarter earnings fell 18 percent because of "challenging" business conditions in Europe, the supplier of seats and electric power management systems said today.... Read More »
Q2 ANE/PWC SHAREHOLDER VALUE INDEX Carmakers, suppliers hit by big declines in shareholder valueJuly 25, 2012 06:01 CET  Any hope that this year's robust first-quarter recovery in shareholder value for Europe's automakers and parts suppliers would be extended evaporated in the second quarter. Automakers saw their average value, as measured by the Automotive News Europe/PricewaterhouseCoopers Transaction Services Shareholder Value Index, fall 12.0 percent. This followed an exceptional 27.3 percent gain in Q1. Partsmakers experienced a similar decline, relinquishing 7.... Read More »
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