Even when running near 100% capacity, auto supplier margins are razor thin, so investing millions in new construction based on OEM sales projections and economic forecasts takes a major leap of faith....More
“The industry is in good shape. We’re not over our skis,” Visteon CEO Tim Leuliette says. “Not just Visteon, but as an industry we are all running pretty good balance sheets and being very conservative.”...More
More than 500 people attended the recent WardsAuto Interiors Conference in Dearborn, MI, to hear two compelling keynote speeches and eight panel sessions. Also honored at the conference were winners of the 2014 Ward's 10 Best Interiors and the College for Creative Studies Student Design Competition.
The exhaust supplier expects its system to become the new global standard for NOx reduction in diesel engines as regulations will focus more heavily on real-world conditions at low temperatures....More
The two companies argue global megatrends related to fuel economy, safety and autonomous driving are transforming vehicles and the auto industry, making their businesses more complementary than they may appear....More
Without solid backing on Wall Street, FCA may have trouble securing favorable credit for the estimated €50 billion needed to reach aggressive volume targets set last May for the Chrysler, Jeep and Alfa Romeo brands....More
Ultracaps, long considered too costly for widespread application in light vehicles, appear to be gaining traction – albeit ever so slowly – as electrification takes hold and automakers find the technology’s advantages harder to resist....More
Should the government publicize vehicle-performance data reported by manufacturers and used to identify potential safety defects? Are thousands of scattered eyes necessarily better than a single trained eye?...More