Purchasing

Ford to invest $685 million in Canada plant to boost capacity

7:07 am U.S. ET | Sept. 19, 2013
Ford said it will spend C$700 million ($685 million) to add production of additional models at an Ontario vehicle-assembly plant....
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2 Fujikura execs indicted by U.S. for fixing auto-parts prices

4:37 pm U.S. ET | Sept. 19, 2013
A federal grand jury in Detroit filed charges Thursday against two Japanese automotive executives for their alleged role in an international price-fixing conspiracy....
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Renault, Nissan create procurement group with AvtoVAZ

Sept. 18, 2013 18:34 CET
Renault and Nissan have created a parts-procurement venture with AvtoVAZ, Russia's biggest carmaker, as the manufacturers seek to limit costs as they expand in the country. The venture is modeled on the Renault-Nissan Purchasing Organization....
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Renault promotes Bollore, Stoll after departure of COO Tavares

Sept. 9, 2013 18:34 CET
Renault promoted internal executives to two new positions created following the resignation of COO Carlos Tavares. Thierry Bollore will focus on developing and building vehicles, while Jerome Stoll will be responsible for marketing and sales....
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Alcoa breaks ground on $275 million Tennessee plant expansion

4:41 pm U.S. ET | Sept. 3, 2013
Aluminum supplier Alcoa, struggling to keep up with automakers' growing demand for the lightweight metal, has broken ground on a $275 million expansion of its plant in Alcoa, Tenn....
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Daimler deal allows Hankook Tire to expand into premium market

Sept. 3, 2013 18:06 CET
Hankook Tire said it has begun supplying tires to Daimler AG for the new Mercedes-Benz S-class and E-class sedans -- a step up in brand recognition for South Korea's top tire maker which has been eager to expand further in the premium tire market....
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Daimler deal allows Hankook Tire to expand into premium market

12:06 pm U.S. ET | Sept. 3, 2013
Hankook Tire said it has begun supplying tires to Daimler AG for the new Mercedes-Benz S-class and E-class sedans -- a step up in brand recognition for South Korea's top tire maker which has been eager to expand further in the premium tire market....
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Toyota to raise steel prices for suppliers by 12%, report says

7:49 am U.S. ET | Aug. 22, 2013
Toyota will increase the price of steel it sells to suppliers by 12 percent in the second half of this fiscal year, three people familiar with the matter told Bloomberg, lifting a benchmark used in the country's auto industry....
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Engineers steer Detroit 3 purchasing

12:01 am U.S. ET | Aug. 19, 2013
Under pressure to introduce technology, improve quality and ensure smooth product launches, the Detroit 3 are giving engineers more influence over their purchasing operations. General Motors, Ford Motor Co. and Chrysler Group have all chosen purchasing chiefs with engineering backgrounds....
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New charges, court filings signal more supplier price-fixing prosecutions

11:12 am U.S. ET | Aug. 12, 2013
Federal officials who eased up the pace of prosecuting automotive supplier price-fixing for eight months could be ready to punch the accelerator again, if recent courthouse activity is any indicator....
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BMW, Ferrari, VW cars contain metal mined by terrorists, Bloomberg says

Aug. 8, 2013 10:26 CET
Tungsten ore mined by a terrorist group in Colombia ends up in cars built by BMW, Ferrari and Volkswagen, a Bloomberg Markets magazine investigation says....
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Nissan presses suppliers to locate closer

5:17 pm U.S. ET | Aug. 7, 2013
After 30 years of building autos in the United States, Nissan is turning up the pressure on its suppliers to locate their operations closer to Nissan's assembly lines in Tennessee and Mississippi....
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Global platforms prompting supplier shakeout

5:29 pm U.S. ET | Aug. 6, 2013
The auto industry's switch to global platforms will trigger a shakeout of the world's component suppliers. “Will [global platforms] create pressure for consolidation? The answer is clearly yes,” said Scott Kunselman, Chrysler Group's purchasing chief at the seminars on Tuesday....
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Ford expands purchases with preferred suppliers

Aug. 6, 2013 20:58 CET
Ford's preferred suppliers will get a bigger share of the automaker's purchasing budget -- 70 percent, up from 65 percent -- as the automaker continues to downsize its network of suppliers....
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Ford expands purchases with preferred suppliers

2:58 pm U.S. ET | Aug. 6, 2013
Ford's preferred suppliers will get a bigger share of the automaker's purchasing budget -- 70 percent, up from 65 percent -- as the automaker continues to downsize its network of suppliers....
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LINDSAY CHAPPELL

How will smaller suppliers keep up with demand?

12:33 pm U.S. ET | Aug. 6, 2013
While many are asking how automakers will keep pace with new car demand, Kim Hill is asking the other half of that question: How will Tier 2 and Tier 3 suppliers keep up with rising automaker demand?...
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North American automotive robot sales slip 5% through June

3:02 pm U.S. ET | Aug. 1, 2013
Although robot sales in North America reached a record high this year through June, automotive robot sales slid 5 percent from the year-ago period, according to the Robotic Industries Association....
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BorgWarner earnings rise on demand for fuel-efficient vehicles

9:25 am U.S. ET | July 25, 2013
BorgWarner, the maker of automotive turbochargers and emission systems, posted higher-than-expected profit today as global demand for more fuel-efficient vehicles continued to rise in the second quarter....
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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
     
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