International Automotive Components Group North AmericaSupplier IAC files for $115 million IPO 7:36 pm U.S. ET | June 14, 2013  International Automotive Components Group, backed by billionaire U.S. investor Wilbur Ross, filed with U.S. regulators on Friday to raise up to $115 million in an initial public offering of common stock.... Read More »
AUTOMOTIVE NEWS WORLD CONGRESS Rush to new segments could backfire, Ross says 12:01 am U.S. ET | Jan. 21, 2013  The big profits now being generated in North America are beckoning many automakers to find incremental ways to increase sales. But Wilbur Ross, the billionaire private-equity investor, says rushing into new segments could backfire.... Read More »
2013 AUTOMOTIVE NEWS WORLD CONGRESS Wilbur Ross cautions against automakers' expanding their lineups 9:44 pm U.S. ET | Jan. 16, 2013  Automakers' attempts to boost sales and profits by broadening their U.S.product lineups could backfire, billionaire private-equity investor Wilbur Ross said Wednesday.... Read More »
AUTOMOTIVE NEWS WORLD CONGRESS IAC's Ross is World Congress speaker 12:01 am U.S. ET | Sept. 24, 2012  Wilbur Ross, chairman of International Automotive Components Group, will be a featured speaker at the 2013 Automotive News World Congress.... Read More »
Personnel 12:01 am U.S. ET | Sept. 17, 2012 Companies in this report: Behr America Inc., Bentley Motors, Brose North America Inc., International Automotive Components, Peak Performance, R.L. Polk & Co., SET Enterprises Inc., Timken Co. and ZAP Jonway.... Read More »
Supplier personnel 12:01 am U.S. ET | Sept. 11, 2012 Personnel changes for SET Enterprises, International Automotive Components Group, Timken and PPG Industries.... Read More »
STATE OF SUPPLIERS Auto companies scramble for engineers 12:01 am U.S. ET | Aug. 6, 2012  As the auto industry rebounds, automakers and suppliers are competing for engineering talent, sending salaries climbing. Companies are heavily recruiting newly graduated engineers and mid-career engineers to fill vacancies as they ramp up production, but some engineers still find the automotive sector less attractive than other industries because of the recent tumult.... Read More »
Industry execs: We're hiring 12:01 am U.S. ET | July 23, 2012 Surging North American auto sales are pushing some suppliers to expand and hire more workers -- steps they have resisted since the recession. Despite worries about declining demand in Europe, U.S. auto executives surveyed by advisory firm KPMG AG are bullish about their companies' prospects.... Read More »
IAC opens joint venture carpet plant in China 4:00 pm U.S. ET | July 10, 2012 International Automotive Components Group, a global supplier of automotive interior components, says it has opened a plant in Shenyang, China. The factory, IAC's ninth in the country, is a part of IAC Songjiang, a joint venture with Shanghai Car Carpet Plant.... Read More »
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Special Report
 Dealer O.C. Welch's big-truck turnaroundAfter Mercury's demise, South Carolina Ford-Lincoln dealer O.C. Welch had to find a way to replace lost revenue. He decided to load up on Super Duty pickups – and sell them online. Mon., June 17» Watch the Video |
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