Johnson Controls

Suppliers dream up future innovations. Will automakers bite?

12:01 am U.S. ET | Jan. 26, 2015
Suppliers try to look over the horizon and craft new features and equipment for autos....
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JCI quarterly net income grows 12% on higher volume

3:07 pm U.S. ET | Jan. 22, 2015
Supplier Johnson Controls said today its quarterly net income grew 12 percent, reaching $507 million, compared with $451 million during the same quarter last year. JCI is typically one of the first suppliers to release quarterly earning results, serving as a bellwether for supplier financial trends....
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JCI to unveil battery just for vehicle stop-start systems

6:00 am U.S. ET | Jan. 8, 2015
Johnson Controls has developed a small lithium ion battery for use only by vehicle stop-start systems. The battery is about the size of a tissue box and weighs around 9 pounds....
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Tenneco names JCI executive Kesseler as new COO

3:05 pm U.S. ET | Jan. 7, 2015
Tenneco named longtime Johnson Controls executive Brian Kesseler as its COO, effective Monday. Kesseler, 48, who has been president of Johnson Controls Power Solutions, replaces Hari Nair, who is retiring....
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JCI's Molinaroli says employees 'rallied around' him after scandal

2:01 pm U.S. ET | Dec. 4, 2014
Johnson Controls CEO Alex Molinaroli, in his first public comment regarding his extramarital affair involving a former consultant to the company, said his employees and the community have “rallied around” him since news of the scandal broke two months ago....
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Visteon posts Q3 loss on one-time items, but revenue rises 33%

10:24 am U.S. ET | Nov. 6, 2014
Visteon said today it posted a $21 million net loss for the third quarter because of charges from discontinued operations, but revenue surged 33 percent, helped by its acquisition of Johnson Controls' electronics business....
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Johnson Controls profit beats estimates as car seat demand rises

10:05 am U.S. ET | Oct. 30, 2014
Johnson Controls posted a better-than-expected quarterly profit, driven by higher sales of its car seats in North America and a lower expected tax bill....
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JCI-Yanfeng could be first domino

12:01 am U.S. ET | Oct. 20, 2014
The major joint venture between Johnson Controls Inc. and China's Yanfeng Automotive Trim Systems Co. has created momentum for further consolidation of the auto interiors business, says Beda Bolzenius, president of Johnson Controls' seating and interiors business....
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End of the affair: CEO stays, consultant goes

12:01 am U.S. ET | Oct. 13, 2014
After Alex Molinaroli, CEO of Johnson Controls, had an affair with a consultant, the parts supplier fired her consulting firm -- and expressed support for Molinaroli, Bloomberg reported last week....
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Johnson Controls fires consultant after affair with CEO

11:48 am U.S. ET | Oct. 8, 2014
Johnson Controls fired a consulting firm after learning that one of its principals had an extramarital affair with CEO Alex Molinaroli. Molinaroli told his family about his affair with psychologist Kristin Ihle in late May, according to the transcript of a court hearing at which Ihle unsuccessfully sought a restraining order against the CEO's estranged wife....
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JCI, Unifor labor deal averts threat to GM output in Canada

1:09 pm U.S. ET | Aug. 25, 2014
About 300 unionized workers at a Johnson Controls interiors plant in Ontario ratified a new three-year contract, heading off a potential strike at the factory and work stoppage at General Motors' Oshawa assembly complex....
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Canadian JCI workers reach tentative pact

4:37 pm U.S. ET | Aug. 22, 2014
Canadian union workers at an interiors plant that supplies General Motors' Oshawa assembly complex have reached a tentative contract agreement that could avert a strike at the supplier plant....
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A123 hires former JCI executive as chief technology officer

7:49 am U.S. ET | Aug. 19, 2014
A123 Systems hired former Johnson Controls executive Patrick Hurley as its new chief technology officer....
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Magna CEO in a shopping mood in post-Stronach era

6:54 am U.S. ET | Aug. 19, 2014
Magna International, the largest auto supplier in North America, will consider purchases of as much as $4 billion as it distances itself from debt-averse founder Frank Stronach....
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Toyota makes stronger showing in J.D. Power seat quality study

2:25 pm U.S. ET | Aug. 18, 2014
Toyota made sizable gains in a JD Power seat quality study, with six of the 21 vehicles recognized for superior seating, two more than last year. Ford's C-Max also had a strikingly lower instance of seat-related problems than any other car in the study....
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2014 MANAGEMENT BRIEFING SEMINARS

Johnson Controls experiments with interiors that change colors

1:45 pm U.S. ET | Aug. 6, 2014
Johnson Controls is experimenting with car interior surfaces that could change colors to match the motorist's whim. The concept could prove especially useful for vehicles that are used by ride-sharing services, said Han Hendriks, vice president of advanced product development at Johnson Controls Inc....
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JCI profits fall on restructuring charges

8:46 am U.S. ET | July 18, 2014
Johnson Controls' fiscal third-quarter earnings slid 68 percent as restructuring and other charges offset a modest rise in revenue....
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Interior supplier: We'll be nimble, global

12:01 am U.S. ET | June 16, 2014
As CEO of Motus Integrated Technologies, Shannon White wants to win respect -- and higher margins -- for his company as a global supplier of sun visors, headliners and overhead consoles....
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Canadian union may strike supplier to GM plant in Oshawa, Ontario

12:41 pm U.S. ET | June 4, 2014
Unifor, which represents Canadian auto workers, will strike at Johnson Controls' Whitby, Ontario, plant if the parts maker doesn't reverse its plan to close the facility in a couple of years....
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JCI interiors finds solid ground in China

12:01 am U.S. ET | May 19, 2014
Johnson Controls Inc. isn't ready to write off the auto industry's much-maligned interiors segment....
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JCI divests control of interiors business to China's Yanfeng with joint venture

9:00 am U.S. ET | May 18, 2014
Johnson Controls will spin off its $3 billion interiors unit into a joint venture with Yanfeng Automotive Trim Systems of Shanghai. JCI may retain control of a few plants if customers request it, CEO Alex Molinaroli said....
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Johnson Controls profit rises 59% on increase in automotive business

April 24, 2014 06:01 CET
Johnson Controls, which counts on Europe for about half of its sales, reported a 59 percent jump in quarterly profit, helped by higher sales in its automotive unit....
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JCI Q1 profit rises 59% on increase in automotive business

7:57 am U.S. ET | April 23, 2014
Johnson Controls reported a 59 percent jump in quarterly profit, helped by higher sales in its automotive unit....
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Johnson Controls diversifies away from autos with $1.6 billion deal

2:54 pm U.S. ET | April 16, 2014
Johnson Controls, seeking to lessen its reliance on the cyclical auto industry, agreed to acquire Texas-based ventilation products company, Air Distribution Technologies, for $1.6 billion....
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