Purchasing

Tesla, Panasonic agree to team on U.S. gigafactory

7:02 am U.S. ET | July 31, 2014
Tesla Motors and Panasonic have agreed to cooperate on the construction and operation of the American carmaker's so-called gigafactory, its envisioned large-scale battery manufacturing plant in the United States....
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Autoliv agrees to settle U.S. securities class action for $22.5 million

7:31 am U.S. ET | June 27, 2014
Automotive safety products supplier Autoliv said today it reached an agreement in principle to settle a class action securities lawsuit in the United States....
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Tesla says battery-supply deal for Toyota RAV4 EV to end

9:51 pm U.S. ET | May 9, 2014
Tesla said its deal to supply Toyota Motor Corp. with battery packs and motors for a rechargeable crossover will conclude this year....
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Fiat Chrysler aims to save $2.1 billion on parts standardization

1:10 pm U.S. ET | May 6, 2014
Fiat Chrysler Automobiles expects to save a total of 1.5 billion euros ($2.1 billion) in the next five years and reduce development costs on some products by as much as 70 percent through an effort to standardize parts across its global lineup....
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Acura task force targets 'wandering' image

12:01 am U.S. ET | March 3, 2014
Concerned that its Acura premium brand may still be traveling "a wandering road," Honda North America created an Acura Business Planning Office to give the marque more focus....
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NEWS ANALYSIS

Suppliers in the driver's seat

12:01 am U.S. ET | Feb. 17, 2014
General Motors' dramatic about-face on its standard purchasing contract last week was more than a gritty admission by GM's purchasing chief that she was wrong. It was confirmation of a seismic shift in the balance of power between automakers and suppliers of cutting-edge technology....
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GM rolls back contentious terms in purchasing contract

8:00 am U.S. ET | Feb. 11, 2014
GM is rolling back controversial changes it made last year to its purchasing contract, including new terms that some suppliers believed exposed them to greater warranty liability. GM in July rolled out the biggest overhaul to its supplier contract framework in 20 years....
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2 former Diamond Electric execs to plead guilty in price-fixing scheme

12:51 pm U.S. ET | Jan. 31, 2014
Two former senior-level executives with Japanese supplier Diamond Electric Manufacturing have agreed to plead guilty to felony charges in the ongoing global auto parts price-fixing investigation, the Department of Justice said today....
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Renault-Nissan raises savings targets

Jan. 30, 2014 18:08 CET
Renault-Nissan named executives to lead efforts to converge manufacturing, r&d, purchasing and human resources....
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Renault-Nissan raises savings targets in cooperation push

12:08 pm U.S. ET | Jan. 30, 2014
Renault-Nissan announced plans to accelerate integration between the carmakers by stepping up joint projects in development, manufacturing, purchasing and human resources....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

2014 Guide to Purchasing Executives

Jan. 23, 2014 06:01 CET
Our comprehensive annual guide to purchasing executives offers a helpful list of the people making the key procurement decisions at global automakers and suppliers....
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Database tracks parts through auto supply chain

3:14 pm U.S. ET | Dec. 16, 2013
A federal border patrol initiative sparked by 9/11 terrorism may lead to an automotive industry breakthrough in mapping its complex supply chain. The Automotive Industry Action Group of suburban Detroit is launching a new Web-based database for identifying the physical movement of finished goods, parts and materials through the automotive supply chain....
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PHILIP NUSSEL

With $1.8 billion in fines, it's time to compensate consumers for price-fixing

2:02 pm U.S. ET | Nov. 27, 2013
Kudos to the federal antitrust police for uncovering rampant price fixing throughout the automotive supply chain, but when do the victims of this massive fraud get some justice? When does the consumer collect damages? Is Uncle Sam planning to keep this money? The bottom line: the consumer should be made whole....
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3 Takata execs to plead guilty to U.S. price fixing charges

11:45 am U.S. ET | Nov. 21, 2013
Three midlevel executives of automotive supplier Takata will each plead guilty to one felony charge of conspiracy to fix the price of seat belts in cars built in the United States for Japanese automakers, the Justice Department said today....
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DUSTIN WALSH

How the TRW-GM rift signals power shift

2:40 pm U.S. ET | Nov. 13, 2013
Last month TRW CEO John Plant told investors the safety components supplier was walking away from a $700 million brake contract. The move represents one of the largest dropped contracts in recent memory, and industry experts say it is representative of the new power shift between North American suppliers and automakers....
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EDITORIAL

Open-minded automakers score with suppliers

12:01 am U.S. ET | Nov. 11, 2013
There are encouraging developments in a new Deloitte Touche Tohmatsu survey of suppliers ranking the purchasing operations of 14 North American automakers....
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A gearhead takes on Ford global purchasing

Nov. 1, 2013 06:01 CET
DETROIT -- A consummate gearhead who was once a race engineer for Mario Andretti and Nigel Mansell, Hau Thai-Tang made a name for himself as chief engineer of the 2005 Ford Mustang....
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Ford purchaser Thai-Tang: Learn from history's great shoppers

Nov. 1, 2013 06:01 CET
Hau Thai-Tang, Ford's new global purchasing chief, says it's important that his component buyers be willing to learn from the company's joint venture partners in other countries, including Changan Ford in China, Otosan in Turkey and Sollers in Russia....
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GM and TRW likely parting ways on $700 million brake contract

3:51 pm U.S. ET | Oct. 29, 2013
A dispute between TRW Automotive and General Motors may end a $700 million brake component contract, sources told Crain's Detroit Business. TRW last month disclosed that it terminated a brake component contract, representing $700 million in revenue, with an undisclosed customer....
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A gearhead takes on Ford global purchasing

12:01 am U.S. ET | Oct. 28, 2013
DETROIT -- A consummate gearhead who was once a race engineer for Mario Andretti and Nigel Mansell, Hau Thai-Tang made a name for himself as chief engineer of the 2005 Ford Mustang....
Read More »

 

Ford purchaser Thai-Tang: Learn from history's great shoppers

12:01 am U.S. ET | Oct. 28, 2013
Hau Thai-Tang, Ford's new global purchasing chief, says it's important that his component buyers be willing to learn from the company's joint venture partners in other countries, including Changan Ford in China, Otosan in Turkey and Sollers in Russia....
Read More »

 

Ford plans to reduce its suppliers by 40% in global car push

Oct. 22, 2013 06:01 CET
Ford Motor Co., which purchases about $100 billion worth of parts annually, plans to reduce its roster of suppliers by 40 percent to cut the cost of building its vehicles....
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Surge in auto production impairs quality of parts, Ford purchasing boss says

10:34 am U.S. ET | Oct. 21, 2013
The recent surge in auto production in the United States is hurting vehicle quality because automotive parts suppliers have less time to fix problems that emerge on the line, Ford's new global purchasing chief told reporters today....
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NEWS ANALYSIS

Why no C-level execs have been charged in supplier price-fixing cases

10:47 am U.S. ET | Oct. 15, 2013
In an industry in which supplier CEOs and CFOs often accompany sales teams on visits to establish new lines of business with their automaker customers, none of the individual executives to face charges in the United States so far hails from top management posts at any of the suppliers' parent companies....
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Tesla in talks with Samsung SDI for battery supply deal

7:07 am U.S. ET | Oct. 4, 2013
Tesla Motors may name South Korean battery producer Samsung SDI Co. as an additional supplier as the California electric vehicle maker tries to add more models and expand....
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