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supplier

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    Report: Two Japanese suppliers plead guilty for bid-fixing, will pay record fines
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    Two more Japanese auto industry suppliers, Yazaki and Denso, have been fined by the U.S. Department of Justice and four executives from Yazaki will go to jail, according to reports in the New York Times and Automotive News. Yazaki's $478 million fine and Denso's $78 million fine come on top of ...

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    Report: Auto supplier owner buys Jacksonville Jaguars
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    A few years ago, the U.S. auto industry was in serious trouble. Automakers received most of the press, but suppliers appeared to be in even more dire straits. Fast-forward to 2011 and the Detroit Three are in better shape, and suppliers apparently aren't doing so badly either. Automotive News ...

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    Report: Carpet shortage forcing automakers to cut output
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    The Japan earthquake and tsunami tragedy proved that disruptions at a few key suppliers could wreak havoc on the delicate auto supply chain. That point has again been proven, as weather-related flooding at a automotive carpet supplier has lead to decreased production at six North American ...

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    Report: Judge tosses out suit by Delphi pensioners against Treasury
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    The Detroit News is reporting that a federal judge has thrown out a portion of the lawsuit brought against the federal government by Delphi retirees. The former employees of the automotive supplier brought suit against the federal government after their pensions were terminated in bankruptcy ...

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    Report: Police break up Hyundai supplier protest, arrest 500
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    Labor strife can wreak havoc on manufacturing, even when the workers on strike are miles away from the facility. Hyundai knows this all too well, as Automotive News reports that workers at supplier Yoosung Enterprise Co. occupied the production lines at a Hyundai assembly plant after failing to ...

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    Study: Toyota still tops in supplier relations, but only just
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    When it comes to manufacturing and selling a complicated product like an automobile, a company's relationship with its suppliers is of huge importance. A good working partnership can translate into higher levels of reliability and lower cost as well as early access to cutting-edge tech. According ...

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    Report: Visteon reaches pension agreement with Ford, eyes bankruptcy exit
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    Automobile parts supplier Visteon appears to be closer than ever to exiting bankruptcy after 15 long months of proceedings, with the help of the company's one-time master. The Detroit Free Press is reporting that Ford has agreed to waive $268 million in pension and retiree claims, relieving the ...

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    Report: Ford, GM make quality gains in new supplier study
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    Detroit automakers have a long history of less-than-rosy relations with their supply bases, while Toyota and Honda worked to keep their suppliers happy. But Detroit automakers have been promising to improve supplier relationships, and a study published by The Detroit News shows that the Motor ...

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    REPORT: Toyota cutting supplier expenses by 30%, probably means using cheaper parts
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    As with every other automaker – heck, almost every other company – Toyota wants to save more money. Japan's Asahi business daily revealed a Toyota initiative to lower its parts expenses by 30% over the next three years, and it is one that we're all too familiar with: Toyota told its ...

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    REPORT: Ford aims to halve number of suppliers
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    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 ...

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