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Kurt Nagl

Crain's Detroit Business reporter covering auto suppliers and manufacturing.

See All Staff Page
Recent Stories
Stellantis headquarters-main_i.jpg
Stellantis reverses controversial changes in contract terms for suppliers

The reversal is a victory for suppliers, which have watched their top and bottom lines bleed amid supply chain volatility while automakers haul in profits. The move comes less than a week after Stellantis named a new purchasing chief.

Lear plant-main_i.jpg
Suppliers continuing to feel pressure from inflation, supply chain kinks

Inflation and production volatility are squeezing the revenue, income and margins of major automotive suppliers that had been hoping for some relief by now from the financial headwinds of the past two years.

Lear plans to open its seating plant this year at the former Cadillac Stamping site.
In Detroit, Magna and Lear see ‘a golden opportunity'

Two of the largest automotive seating suppliers are building out new plants here and looking to joint ventures to capture more business from automakers increasingly conscious of their spending with minority-owned companies.

AAM HQ_smaller_i_i.jpg
American Axle's Q1 net income plunges

American Axle & Manufacturing Holdings Inc.'s first-quarter net income plummet while it tries to manage supply chain volatility and the longer-term challenge of electrification.

Dakkota plant-main_i.jpg
Stellantis supplier considers doubling plant footprint in Detroit
crop_Lori Rush Lancaster_Mark Stewart_Andra Rush_i.jpg
Stellantis executive says Michigan ‘absolutely' in contention for EV plant

"We are in the final stages of going through the analysis, and so I would hope within the next month, two months maximum, we should be able to be at a position to (announce)," COO Mark Stewart said.

lear-main_i.jpg
Lear Q1 earnings: Adjusted net income plunges to $108M as inflation, industry headwinds slam suppliers

The supplier posted adjusted net income of $108.1 million, down more than half from last year, on sales of $5.2 billion, a 3 percent year-over-year revenue decrease, according to its earnings report released Tuesday.

auto show 2018_i_i.jpg
Detroit auto show sponsorships are pacing up

Detroit auto show organizers say sponsor interest for the return has been "exceptionally high."

NAIAS 2022 video screenshot-main_i.png
Plans detailed for 2022 Detroit auto show in September

The Detroit show has been shelved since January 2019 due to the COVID-19 pandemic and a reimagining of the event by organizers.

BOS HQ_crop_i.jpg
Rivian supplier BOS Automotive Products to invest $1.1 million
web_220405_ StorchProductsCo_weld-main_i.jpg
Auto industry's transition to EVs threatens to wipe out smaller parts suppliers

Smaller auto suppliers can keep their business running until it sputters out, overtaken by EVs, or they can totally rebuild their business around electric motors or new industries with no promise of success.

ELMS_Headquarters_i.jpg
Startup EV maker Electric Last Mile notified of listing noncompliance by Nasdaq

The EV startup indicated at the start of the month that it would be unable to submit its 10-K, or annual financial report, for 2021 on time.

AAM HQ_smaller_i.jpg
American Axle bolsters electrification strategy with acquisition of Tekfor
web_Magna LAN site-main_i.jpg
Magna, Lear look to new Detroit plants, minority JVs for growth

The suppliers are looking to capture more business from automakers increasingly conscious of their spending with minority-owned companies.

Stellantis Mack Aerial View-main_i.jpg
Stellantis hit with another odor violation at Detroit plant

It is the latest in a growing list of air quality violations for the automaker, which said Monday it is addressing the concerns "with urgency."

  • Load More
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      • Ricardo: Marques McCammon
      • Salty
      • T-Mobile
    • Publishing Partners
      • Cox: Transformation toward eCommerce in automotive retailing
      • Easycare: Reinventing the service contract for EVs
      • Easycare: The importance of benchmarking your reinsurance performance
      • Experian: Three steps to adapting to constant change in automotive marketing
      • Haig Partners: Buy-Sell Q&A: Where the Automotive M&A Market is heading
      • Haig: Buy-Sell Q&A: What is the value of an M&A advisor?
      • Siemens: The impact of vehicle electrification and connectivity on electrical system design
      • Text2Drive: Digital retailing meets the service department
      • Urban Science: Promoting dealer-consumer alignment across continued industry evolution
      • Western Digital: To Meet Consumer Demand, Automakers Must Double Down on Agile Development
      • Wipro: The Promise of Software-Defined Vehicles and the Cloud Car Ecosystem
      • Notarize: What to expect for the future of auto sales
      • Seagate: Unlocking value from connected-car data
      • Amazon Web Services: AI-powered supply chain decision-making
      • Epic Games: Five ways in-car designs will change in the next five years
      • Haig Partners: How are dealerships being valued today?
      • Haig Partners: Dealership consolidation trends
      • Haig Partners: Dealership valuation trends
      • Haig Partners: Dealership succession planning
      • Ally: Navigating the future of automotive retailing
      • Google: How a century-old brand is transforming the auto industry
      • Car Wars: Is a Rise in Service Leading to Poor Customer Satisfaction?
      • Solera | DealerSocket: Four real-time integrations that can save your dealership time
      • Solera | DealerSocket: Time for a new pre-owned pricing tactic
      • Kerrigan Advisors: Blue Sky Update Q4 2021
      • Qualcomm: Trading multi-year design cycles for on-demand features and experiences
      • Synchrony: 5 Ways to Help Motivate and Retain Employees
      • Twitter: EV adoption is happening...in an unexpected place
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