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Auto supplier joint venture Yanfeng US Automotive Interiors plans to lay off 345 employees at its Highland Park plant near Detroit, according to a notice filed with the state of Michigan.
Nissan to export Titan from Miss. to China, exec hints at need for new U.S. plant; VW factory shuffle; Ford phasing out C-Max in U.S.; Honda Odyssey recall; Why Adient is adapting.
Tesla, which decided to bring seat production in-house, has demonstrated a commitment to vertical integration not seen in the auto industry for decades.
Interior suppliers at the Frankfurt auto show signal a growing consensus about how cockpits of the future will look -- with preference for armrest controls, no knobs and no center consoles.
Seating supplier Adient has agreed to buy Futuris Group for $360 million. Adient expects its purchase of the automotive seating and interiors supplier to add $500 million in revenue per year.
Adient is closing a seat assembly plant in suburban Detroit in a move that will affect 129 employees.
Sitting higher, but selling lower in July: Snyder's takeaways; Refocusing AutoNation; German diesel deal; Nissan kid-safety alert; Lesson 1: Who is Adient?; 'Cars are like guns.'
Seating supplier Adient said it posted $204 million in net income during the recent quarter, compared with a $14 million loss last year dragged down by one-time restructuring costs.
Matt Simoncini shouted above the noisy crowd at a fundraiser he was sponsoring last week for the Motown Museum in Detroit. "Delphi! Delphi! Anybody here from Delphi!"
Automotive seating supplier Adient said it will work with Boeing to explore how to improve commercial airplane seating and interiors.
In its first quarter as an independent company, Adient, the world’s largest automotive seating supplier, reported Friday that net income increased 8.7 percent to $149 million.
Now separate from Johnson Controls, Adient is wasting no time investing in products, considering new partnerships and contemplating future acquisitions.
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