supplier


REPORT: Ford aims to halve number of suppliers

If you think GM and Chrysler are going through financial struggles, it's just a flash in the pan compared to the trial and tribulations of the automotive supply base. Experts say supplier jobs account for nearly three-quarters of all automotive employment, with estimates of 600,000 workers in the US alone. The slipping auto sales in North America have exasperated the situation for the already struggling suppliers, and the bankruptcies of GM and Chrysler haven't helped, either. Parts suppliers did receive $5 billion in loans from the federal ... Read more →

Karmann Go: Legendary coachbuilder shuts down as last car comes off the line Chris Paukert

Troubled coachbuilder and specialty car manufacturer Karmann has gone dark. The firm's final vehicle – a Mercedes-Benz CLK came off the lines on Monday as the legendary company has been ...

Analyst: Detroit 3 to be outproduced by foreign transplants on U.S. soil by 2012 Jeremy Korzeniewski

If you think life can't get any worse for the bloodied and battered Detroit three automakers and their suppliers, you're wrong – at least according to a new study from Grant Thornton LLP's ...

WSJ: Obama nixes auto suppliers' request for aid Chris Paukert

According to The Wall Street Journal, President Obama has taken a pass on granting auto parts suppliers' request for $10 billion in aid, leaving the financially-strapped companies to seek succor from ...

Tier-1 supplier Metaldyne files for Chapter 11 bankruptcy too Jonathon Ramsey

To the roll call of auto industry titans that have gone or are going bankrupt -- Visteon, Chrysler, GM, Saab, Karmann, ASC, Source Interlink -- we can now add Tier 1 supplier Metaldyne, which filed ...

BREAKING: BBC says Magna has agreed to take majority stake in Opel from GM 5 months ago on Autoblog

According to the BBC News, supplier Magna International has come to terms with General Motors to purchase a majority stake in its European Opel division. While an agreement has been reached between the two parties, the German government – which has agreed to provide financial assistance for ...

BREAKING: Visteon reportedly files for Chapter 11 bankruptcy 5 months ago on Autoblog

According to Automotive News, Visteon Corp. has filed for Chapter 11 bankruptcy protection. The Michigan-based tier-1 supplier was spun off from the Ford Motor Company back in 2000, and it has struggled ever since. The filing took place in a Delaware courtroom, where the company has listed total ...

STUDY: Toyota and Honda supplier relations suffer while Ford, GM improve 6 months ago on Autoblog

In the latest installment of an annual supplier relations survey put together by Planning Perspectives, Honda and Toyota have upheld their top positions in spite of suppliers describing downgrading them to merely "adequate." Still above average in supplier relations rankings (along with Nissan), ...

REPORT: Visteon books $2M profit. Delphi makes $556M. Wait... wha?! 6 months ago on Autoblog

When is a profit not a profit? When it's the result of bankruptcy prevention measures, like Visteon's report of a $2 million profit during the first quarter of 2009. The auto supplier is reporting that each share earned two cents during the period, compared to a $105 million loss last year. The ...

French unions try a new negotiating tactic: kidnapping 7 months ago on Autoblog

Parts suppliers are experiencing just as much trouble as the automakers they supply. Employees at one company, though, have taken a tip from Somali pirates and upped the anger stakes. When Faurecia felt it had been wronged by Chrysler, it took Chrysler to court. When Faurecia's employees in France ...

Toyota exec says automaker ready for GM bankruptcy 7 months ago on Autoblog

The world's largest automakers are intertwined in a myriad of ways and they need to watch their competitors in both good times and bad. When talk of a GM bankruptcy was first floated, the discussion of the effects naturally led to GM's suppliers. That discussion then led to what the effects would ...

Canadian Idle: Two Chrysler plants shut down over supplier dispute 7 months ago on Autoblog

Chrysler has been playing hardball with the Canadian government in an effort to secure up to $3 billion in loans, as company Vice Chairman Tom Lasorda recently threatened to leave Canada if it didn't receive the necessary loons. One supplier with only 60 employees is giving the Pentastar a sneak ...

U.S. Treasury unveils $5B Supplier Support Program 8 months ago on Autoblog

As difficult as it was for General Motors and Chrysler to secure emergency loans from the government, the supplier community that supports the auto industry has found it even more so. Until today. This morning, the Obama administration announced its Supplier Support Program, which creates a $5 ...

Camaro supplier sues GM right back 9 months ago on Autoblog

The Cadence-and-Camaro saga continues. Cadence, which makes interior parts for the Camaro, declared bankruptcy last August. GM sued the supplier to recover the specialized tooling machines it could need in order to continue Camaro production - or will it need to have the machines made again. GM ...

Officially Official: Bridgestone signs exclusive deal with F1 1 year ago on Autoblog

Japanese tire-maker Bridgestone has been supplying every team on the Formula One grid since rival rubber company Michelin pulled out of the sport at the end of the 2006 season. But whereas Bridgestone had gone through 2007 as the exclusive tire supplier by default, the ink has now dried on the ...

Magna may get financial aid from Russian firm to buy Chrysler 2 years ago on Autoblog

Magna International, along with fellow Canadian company Onyx Corp., has a bid in for a stake in Chrysler, and now additional funds may be coming from Russia. Edmunds' Auto Observer is reporting that Russian billionaire Oleg Deripaska is ponying up $1.54 billion to expand Magna into Eastern Europe, ...

BMW intros new technology with 2008 5 series door panel 2 years ago on Autoblog

It isn't just the outside of the 5-series that's been breathed upon for '08. Inside, new ground was broken by BMW and OEM Johnson Controls to create two color door panels using a single sheet of material. Typically, door panels that have multiple colors have multiple pieces. That adds weight and ...

Darn, we're outta that! Ford of Australia halts work due to supply problem 2 years ago on Autoblog

Ford's Broadmeadows facility has run out of at least one key component for V8 engines, and will have to shut down until its supplier resolves labor issues. The supplier, Coghlan and Russell Engineering, owes employees a boatload of money - in the order of 1.5 million-plus Austrailian dollars. ...

WAKE UP! - New seats can monitor sleepy drivers 2 years ago on Autoblog

We've all been there, you're pressing on, but you know you're dangerously close to falling asleep while behind the wheel. Rolling down the window, blaring the radio, and frequent shakes of the head just aren't doing it. Those jumping jacks you did at the rest stop a few miles back helped for a ...

Honda plant confirmed in Alabama 2 years ago on Autoblog

Honda subsidiary Yutaka Technologies began construction on a transmission component factory in Cullman, Alabama in January. The plant will employ about 200 people and is part of a larger strategy to build several component-supplier factories to feed Honda's US manufacturing plants. There's new ...

Another parking nanny, this one by Bosch 2 years ago on Autoblog

As a woman, I find the various gadgets making it easier to operate your everyday automobile fascinating. A sensor to check your blind spot for you? Brilliant. Adaptive suspension? Perfect for more sophisticated drivers. But even more fascinating, however, is the subsequent impact upon the "guy ...

Renault and Ferrari give Red Bull wings!!! 3 years ago on Autoblog

Red Bull has finally confirmed the engine suppliers for both its F1 teams – Red Bull Racing and Scuderia Toro Rosso – for next season and beyond. Last season, Ferrari supplied the engines to the main Red Bull team, while the second squad, Toro Rosso, was powered by engines from ...

Toyota exec answers recall issues 3 years ago on Autoblog

It is no secret that Toyota has had its share of quality problems this year. The company has recalled over 1 million vehicles, and Kazuo Okamoto, head of its research and development organizations, is looking for the silver lining. According to Okamoto, his company's recent quality problems can be ...

Siemens VDO announces eCorner motor-in-hub concept 3 years ago on Autoblog

As the use of electric motors in motor vehicles converges with other technologies such as drive-by-wire, stability control, and active suspension, eventually a major paradigm shift in automotive architecture may be required. In preparation for that moment, Siemens VDO is working on something that ...

Tower Automotive reaches deal with unions 3 years ago on Autoblog

Just a few months ago, based on its threat to cancel union labor contracts, Tower Automotive appeared on the brink of a work stoppage - an event that would have halted a significant amount of North American vehicle production. Now we can all breath a bit easier, as the bankrupt supplier has reached ...

Delphi seen improving, given more time by judge 3 years ago on Autoblog

U.S. Bankruptcy Judge Robert Drain agreed yesterday to extend Delphi's deadline to submit its reorginization plan from August 5th to February 1st of next year. Judge Drain apparently sees the embattled company as making significant progress with buyouts and the early retirement of thousands of Union ...

Toyota to suppliers: don't sell to Hyundai 3 years ago on Autoblog

The Japanese island of Kyushu has become known as "Car Island" due to the influx of not only assembly plants, but also plants run by various car parts suppliers of the Japanese domestic manufacturers. In fact, 30 percent of all suppliers shacked up on Kyushu are affiliated with Toyota. Kyushu ...

American Axle looks to shake loose "job bank" 3 years ago on Autoblog

American Axle Manufacturing (AAM), one of General Motors' main suppliers, isn't bankrupt,but it is feeling financial pain from the 1,100 workers that it is currently paying not to work. A grand total of $75 million is spent by AAM each year to maintain its share of the United Auto ...

General Motors actively reducing Delphi parts count 3 years ago on Autoblog

 Bo Andersson, General Motors' vice president of global purchasing admits that the automaker is actively working to reduce its dependence upon bankrupt Tier-1 supplier Delphi. In fact, GM held a meeting with a number of different companies to ask who would like to make up for the supplier's ...

Visteon turns a profit(!) 3 years ago on Autoblog

"Restructuring, improving base operations and growing global business" were the Big Three for Visteon in first quarter, who turned a profit, despite lower revenues. Following the news, shares rose $1.14 to $7 on the New York Stock Exchange, a substantial 19 percent improvement. Net ...

American Idle: Ford halts production lines at seven plants due to defective part 3 years ago on Autoblog

The importance of quality parts and strong supplier relations was laid bare for the Ford Motor Company Thursday, as it was forced to hit the red button on five assembly plants (and partially close a sixth) after it learned that of a defective clutch mechanism employed in certain 4-speed automatic ...

Toyota urges more cooperation with suppliers 3 years ago on Autoblog

Toyota North American senior VP Dennis Cuneo said at a recent conference in Detroit, Michigan that automakers must cooperate more with their parts suppliers. In his declaration, he noted that 10 of Toyota's 15 suppliers are currently in bankruptcy. Such situations point to automakers' price-oriented ...

DiversityInc honors three automakers in Top 50 list 3 years ago on Autoblog

The 2006 DiversityInc Top 50 Companies for Diversity list includes not one, not two, but three automakers among its ranks. Toyota North America (29), Ford Motor Co. (37) and DaimlerChrysler (43) were among the honored. DiversityInc collected submissions for the list from 256 companies, each of which ...

Is Delphi's bankruptcy a strategy for growth? 3 years ago on Autoblog

Could Delphi's bankruptcy be a strategic long-term move by the parts maker? According to Business Week, Delphi has only declared bankruptcy for its U.S. operations-- overseas facilities in Mexico, China and other countries are not affected. If the unions and Delphi don't reach a compromise ...

GM looking for potential buyers of Delphi "non-core" business units 3 years ago on Autoblog

With Delphi's recent announcement that it will close over twenty plants in the US, and dramatically slim its number of "core competencies," General Motors is not just looking for new sources for business that Delphi wants to dump - it's trying to talk its best suppliers into ...

GM building "strike bank" in preparation for Delphi walk-out 3 years ago on Autoblog

Rick Wagoner, embattled head of General Motors, appeared on CBS's "Face the Nation" Sunday morning news program, and confessed that GM is stockpiling parts and complete vehicles in an attempt to protect the automaker in case its spin-off supplier Delphi decides to strike. Indeed, this ...

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Autoblog Podcast #153: With Phil Berg

Phil Berg puts his reputation on the line and hangs with the podcast crew.

 
 

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