Finance http://wardsauto.com/taxonomy/term/53307/more en UPDATE 1-VW keeps profit outlook after record earnings http://wardsauto.com/update-1-vw-keeps-profit-outlook-after-record-earnings <div class="node-body reuters_news-body"><p>* VW keeps 5.5-6.5 pct EBIT margin target</p> <p>* But "no guarantee" that 2015 will be success -CFO</p> <p>* Shares down 2.3 percent (Adds comments from CFO, analyst and detail)</p> <p>BERLIN, Feb 27 (Reuters) - Volkswagen stuck to its guidance for operating profit even after making record earnings last year, saying geopolitical risks and falling demand in key markets may weigh on business.</p></div><div class="og_rss_groups"></div><p><a href="http://wardsauto.com/update-1-vw-keeps-profit-outlook-after-record-earnings" target="_blank">read more</a></p> Public Gated Auto Makers Management & Strategy Europe Germany Finance Fri, 27 Feb 2015 14:34:43 +0000 1233941 at http://wardsauto.com Auto Supplier Visteon's Q4 Revenues Up 21% http://wardsauto.com/auto-supplier-visteons-q4-revenues-21 <div class="node-body reuters_news-body">The supplier says higher sales of its air conditioners in Asia and Europe, where auto production is increasing, contributed to the increase in fourth-quarter revenues. </div><div class="og_rss_groups"></div><p><a href="http://wardsauto.com/auto-supplier-visteons-q4-revenues-21" target="_blank">read more</a></p> Public Gated Management & Strategy Suppliers North America U.S. Finance Thu, 26 Feb 2015 12:44:00 +0000 1233081 at http://wardsauto.com GKN Looks to Build on Rising 2014 Profits http://wardsauto.com/gkn-looks-build-rising-2014-profits <div class="node-body reuters_news-body">The British engineering company credits its 4% increase in 2014 profits to sales of parts to automakers including Volkswagen that outperformed market growth.</div><div class="og_rss_groups"></div><p><a href="http://wardsauto.com/gkn-looks-build-rising-2014-profits" target="_blank">read more</a></p> Public Gated Management & Strategy Suppliers Europe United Kingdom Finance Tue, 24 Feb 2015 07:17:00 +0000 1231541 at http://wardsauto.com GM Gets 33 New Compensation Claims Over Ignition Switches http://wardsauto.com/gm-gets-33-new-compensation-claims-over-ignition-switches <div class="node-body reuters_news-body">The automaker now has received 4,345 claims for compensation for deaths and injuries stemming from accidents involving cars equipped with defective ignition switches. </div><div class="og_rss_groups"></div><p><a href="http://wardsauto.com/gm-gets-33-new-compensation-claims-over-ignition-switches" target="_blank">read more</a></p> Public Gated Auto Makers Management & Strategy North America U.S. Finance GM's Recall Crisis Mon, 23 Feb 2015 15:38:00 +0000 1231191 at http://wardsauto.com Samsung SDI Buying Magna's Car-Battery-Pack Branch http://wardsauto.com/samsung-sdi-buying-magnas-car-battery-pack-branch <div class="node-body reuters_news-body">The electronics affiliate of South Korea's Samsung Electronics already manufactures rechargeable batteries for German automaker BMW's i3 electric vehicles. </div><div class="og_rss_groups"></div><p><a href="http://wardsauto.com/samsung-sdi-buying-magnas-car-battery-pack-branch" target="_blank">read more</a></p> Public Gated Management & Strategy Suppliers Asia Pacific Vehicles & Technology North America Canada South Korea Batteries Finance Mon, 23 Feb 2015 09:14:00 +0000 1230731 at http://wardsauto.com ZF Offers Concessions for EU approval of TRW Takeover http://wardsauto.com/zf-offers-concessions-eu-approval-trw-takeover <div class="node-body reuters_news-body">The European Union's legislative body will decide by March 12 whether to approve the $13.5 billion transaction, but does not provide details of the German automotive supplier's proposed concessions.</div><div class="og_rss_groups"></div><p><a href="http://wardsauto.com/zf-offers-concessions-eu-approval-trw-takeover" target="_blank">read more</a></p> Public Gated Management & Strategy Politics Suppliers Europe North America U.S. Germany Politics Finance Fri, 20 Feb 2015 11:58:00 +0000 1229441 at http://wardsauto.com Mahle Buys Rival Supplier Delphi's Air-Conditioning Business http://wardsauto.com/mahle-buys-rival-supplier-delphis-air-conditioning-business <div class="node-body reuters_news-body">U.S. supplier Delphi says it is selling its Thermal Systems business to Germany's Mahle for $727 million.</div><div class="og_rss_groups"></div><p><a href="http://wardsauto.com/mahle-buys-rival-supplier-delphis-air-conditioning-business" target="_blank">read more</a></p> Public Gated Management & Strategy Suppliers Europe Vehicles & Technology North America U.S. Germany Climate Controls/HVAC Finance Restructuring Thu, 19 Feb 2015 09:08:00 +0000 1228591 at http://wardsauto.com Ford JV in Turkey Sees 2014 Profit Rise 7% http://wardsauto.com/ford-jv-turkey-sees-2014-profit-rise-7 <div class="node-body reuters_news-body">The Ford Otosan JV's net profit of 595 million lira fell short of anaysts' estimated 673 million lira.</div><div class="og_rss_groups"></div><p><a href="http://wardsauto.com/ford-jv-turkey-sees-2014-profit-rise-7" target="_blank">read more</a></p> Public Gated Auto Makers Management & Strategy Europe North America U.S. Turkey Finance Thu, 19 Feb 2015 06:57:00 +0000 1228541 at http://wardsauto.com Canadian Auto Industry Stuck in Holding Pattern http://wardsauto.com/canadian-auto-industry-stuck-holding-pattern <div class="node-body reuters_news-body">The strong Canadian dollar curtailed investment in the country's auto-manufacturing sector in recent years, but CEO Reid Bigland of FCA's Canadian arm says the recent weakening of the currency is unlikely to spur growth. </div><div class="og_rss_groups"></div><p><a href="http://wardsauto.com/canadian-auto-industry-stuck-holding-pattern" target="_blank">read more</a></p> Public Gated Auto Makers Management & Strategy North America Canada Finance Wed, 18 Feb 2015 12:00:00 +0000 1227661 at http://wardsauto.com UPDATE 2-TRW Automotive tops Q4 profit estimates, aids Takata on air bag parts http://wardsauto.com/update-2-trw-automotive-tops-q4-profit-estimates-aids-takata-air-bag-parts <div class="node-body reuters_news-body"><p>(Updates with remarks from executives, adds stock price, background)</p> <p>By Paul Lienert</p> <p>Feb 13 (Reuters) - TRW Automotive Holdings Corp, which is being acquired by German supplier ZF Friedrichshafen AG , on Friday reported adjusted fourth-quarter profit that topped estimates.</p> <p>The supplier of automotive safety systems said it is working with Japan's Takata Corp and vehicle manufacturers to build replacement inflators for millions of recalled vehicles equipped with Takata air bags.</p></div><div class="og_rss_groups"></div><p><a href="http://wardsauto.com/update-2-trw-automotive-tops-q4-profit-estimates-aids-takata-air-bag-parts" target="_blank">read more</a></p> Public Gated Management & Strategy Suppliers North America U.S. Finance Fri, 13 Feb 2015 14:54:02 +0000 1225221 at http://wardsauto.com