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supplier

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    Report: ZF buying TRW for $12.4B, creates second-largest supplier
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    Two well-known companies in the industry will combine to create the second-largest auto parts supplier in the world. ZF Friedrichshafen AG, best known for its transmissions, has announced it is buying TRW Automotive Holdings, a major player in safety tech, as part of an approximately ...

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    Report: Auto parts price-fixing is everywhere, crackdown threatens business model
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    China's recently instigated push to go after price fixing and monopolistic practices in the automotive sector has garnered a lot of ink, but regulatory bodies around the world have been tackling the issue for years. Lithium-ion battery makers were targeted in 2012, the US Department of Justice ...

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    Report: Saab's latest Chinese owners facing their own credit woes
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    Poor Saab, it can't seem to get a break. General Motors couldn't seem to make a go of it, neither could Spyker, and now it seems that its latest owner is encountering some problems of its own. That owner, of course, is National Electric Vehicle Sweden, a Swedish holding company owned by Chinese ...

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    Report: GM says second recalled ignition switch was made in China
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    The defective ignition switch that led General Motors to recall an additional 3.4 million large sedans earlier this month was manufactured in China, according to a report filed with safety regulators obtained by Reuters. The switches can be knocked out of the run position, much like those ...

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    Report: Exhaust partsmakers raided by EU watchdog in price-fixing probe
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    We've seen automotive price-fixing scandals in the past, most recently against nine Japanese suppliers that received $740 million in fines from the US Department of Justice. Now the European Union is cracking down hard on the anti-competitive practice. On March 25, its regulators raided several ...

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    Report: Are car seats of the future self-adjusting?
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    In 2010, automotive supplier Faurecia showed off a car seat that, via Bluetooth communication with a smartphone app, would adjust itself based on information the occupant had entered. It looks like that was too much work for a busy executive to do, because Automotive News has a story on how that ...

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    Report: Brembo boss Bombassei becomes billionaire brake bigwig
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    In the auto industry, running into a car with the familiar "Brembo" moniker on its brake calipers is not uncommon. Ford fitted a set to its last-generation Mustang, and the Nissan Z and Mitsubishi Lancer Evolution featured the company's stoppers for years. Combined with all the brakes Brembo ...

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    Study: Survey suggests auto parts shortages loom in 2014
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    There would be reason to be happy if North American auto industry production exceeds 16-million vehicles in 2014, but if it does, a new survey of suppliers by IRN, Inc. concludes that automakers can expect spot shortages of parts, Automotive News reports. Electronics suppliers and chassis and ...

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    Report: DoJ fines Japanese parts firms $740M in massive automotive price-fixing scandal
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    Nine Japanese suppliers have pleaded guilty in US court over charges of price fixing in the automotive parts industry, resulting in the Department of Justice doling out a total of $740 million of fines, according to a report from Bloomberg. The scandal, which has resulted in General Motors, Ford, ...

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    Report: Denso executives plead guilty to US price-fixing case
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    The three-year investigation by the US Department of Justice into price-fixing allegations by auto parts suppliers continues, with two more fish from the swamp of corruption the latest to be sentenced. Reuters reports that Denso executives Yuji Suzuki and Hiroshi Watanabe will do 16 months and 15 ...

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    Report: Explosion at Magna plant injures workers
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    An explosion at a Magna International divisional plant in Newmarket, ON, a manufacturing facility for Dortec Industries, occurred on Wednesday afternoon. Some nine people were injured in the accident and five or six (reports vary) were sent to the hospital. Magna has reported that all workers have ...

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    Report: Will your next car feature Bluetooth-enabled, self-adjusting seats? [w/video]
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    At one time, recently at that, the 22-way adjustable seat was a marvel – especially since we didn't know our own bodies even had 22 different ways to be seated comfortably. Automotive supplier Faurecia plans on going well beyond that, however, with its prototype Bluetooth-enabled SmartFit ...

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    Report: Caparo to cease MI operations
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    Back in 2009, OEM supplier Caparo Vehicle Components pledged to put $10.5 million back into its two plants in Novi, Michigan. That move was so warmly received by the state of Michigan that the company was awarded $1 million in tax credits over five years. The company got its credits in 2010, ...

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    Report: Toyota, Honda top supplier survey with lower results, GM and Chrysler improve
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    Before financial Stargate opened in September of 2008 and transported us to an entirely new economic dimension, it was oh so common to read about domestic automakers hammering Tier One suppliers to lower their prices. Of course, suppliers are still asked to find efficiencies, but pre-2008, it ...

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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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