Molinaroli will lead JCI-Tyco for 18 months; successor namedFri, 27, May 2016
Johnson Controls Inc. CEO Alex Molinaroli, who has steered his company away from the automotive seating and interiors businesses during his two-and-a-half-year tenure, will serve as CEO for the combined JCI-Tyco International for 18 months.
Bill Ford's connections with Flex-N-Gate owner help land Detroit plantWed, 25, May 2016
Two auto industry executives with ties to NFL football franchises -- Bill Ford of the Detroit Lions and Shahid Khan of the Jacksonville Jaguars -- played key roles in bringing a top-tier auto parts plant to Detroit.
Takata holds talks with possible buyers, report saysThu, 26, May 2016
Takata, the airbag maker facing billions in possible costs for the biggest recall in automotive history, is said to be in talks with potential buyers.
Takata hires financial adviser to mull restructuring optionsWed, 25, May 2016
Takata hired investment bank Lazard to lead efforts to seek new investment and help resolve financial issues stemming from its record-setting recall of tens of millions of airbag inflators that can rupture.
Daimler's Detroit Diesel union workers ratify new labor contractWed, 25, May 2016
UAW members at Detroit Diesel ratified a contract Tuesday that includes a wage increase and commits Daimler Trucks North America to new engine production.
Cosworth to build engine parts in suburban DetroitTue, 24, May 2016
Cosworth, an English supplier of electronics and powertrain products to high-performance vehicles, said today it will open a $30 million plant in suburban Detroit to make V-8 cylinder heads for an unnamed manufacturer.
Flex-N-Gate to supply Ford from new Detroit plantTue, 24, May 2016
Auto supplier Flex-N-Gate plans to invest $95 million and buy 30 acres of city land to build a new plant that will create up to 750 jobs in Detroit, after approval today of a $3.5 million performance-based state grant.
Nissan may sell Calsonic Kansei stake to help fund EV research, report saysTue, 24, May 2016
Nissan is mulling selling its 41 percent stake in supplier Calsonic Kansei to raise cash for research and development in electric cars and artificial intelligence, the Nikkei newspaper reported.
S. Korea's Mando said to be in talks to supply parts for Tesla Model 3Tue, 24, May 2016
Mando Corp. is in talks with Tesla Motors to supply parts for its Model 3 car, an industry source said, as it seeks to join other South Korean firms supplying components for Tesla's more affordable electric cars.
Toyota expands Takata airbag recall by 1.6 million vehiclesMon, 23, May 2016
Toyota is recalling almost 1.6 million additional U.S. vehicles for front passenger side Takata airbag inflators that could rupture.
Feds flash their badges on auto dataMon, 23, May 2016
On Feb. 12, some of the auto industry's leading cybersecurity experts gathered at a sprawling FBI complex to meet with an elite digital SWAT team called the Operational Technology Division. It wasn't until a few days later that the significance of the meeting began to sink in.
Mobileye will supply 2 fully autonomous vehicles by 2021Mon, 23, May 2016
Mobileye reveals programs to supply two automakers with fully autonomous drive systems as soon as 2019.