More in Purchashing

  • Newswire

    Ghosn: Nissan Eyeing Purchase of EV Batteries  

    The Nissan CEO tells The Wall Street Journal the automaker may follow alliance partner Renault's lead and purchase batteries for its electric cars, rather than build its own in a joint venture with NEC....More
  • Newswire

    UPDATE 4-Canadian auto parts maker Magna to buy Germany's Getrag for $1.9 bln  

    (Adds Getrag valuation, CFO comment and detail on advisers) By Euan Rocha and Allison Martell TORONTO/FRANKFURT, July 16 (Reuters) - Canadian automotive parts maker Magna International Inc said on Thursday it would buy privately-owned German car parts maker Getrag for 1.75 billion euros ($1.9 billion), in a bid to expand its automotive transmission systems business....More
  • Newswire

    BorgWarner to Buy EV-, Hybrid-Motor Maker Remy  

    Auto supplier BorgWarner, a major producer of turbocharging technology, is spending about $950 million to acquire hybrid-motor specialist Remy....More
  • Newswire

    BMW Among Bidders for ANZ Car-Finance Arm  

    Australia and New Zealand Bank Group's $6 billion-plus car- and equipment-loan book likely will draw bids not only from the German automaker but also from U.S. private-equity firms....More
  • Newswire

    EU Signs Off on Mahle Purchase of Delphi's A/C Business  

    The European Union's executive branch says it ruled the German auto supplier's $727 million purchase of Delphi's thermal systems business raised no competition concerns....More
  • Newswire

    EU Ruling on ZF's TRW Acquisition Due Feb. 26  

    German auto-parts maker ZF has bid $13.5 billion to acquire U.S. rival TRW, both of which are developing technologies for self-driving cars....More
  • Newswire

    Takata Still on Board as Honda Supplier, Exec Says  

    Senior Managing Officer Yoshihary Yamamoto, who also is Honda's R&D chief, says the automaker will continue doing business with Takata, although its defective airbags have prompted a recall affecting 5 million of its vehicles....More
  • Newswire

    South Africa Probing Alleged Price-Fixing by Auto-Parts Suppliers  

    The country's Competition Commission cites information linking 82 parts makers colluding over prices for 121 different components since 2000....More
  • Newswire

    UPDATE 2-Daimler, Renault-Nissan extend manufacturing alliance  

    * Alliance struck in 2010 has ballooned * The carmakers share engines and factories * Cost savings in excess of 2 billion euros (Adds additional comments from Renault, Daimler CEO's) By Edward Taylor and Gilles Guillaume PARIS, Oct 3 (Reuters) - Daimler and Renault-Nissan are extending a manufacturing alliance, the two carmakers said on Friday, adding that there were no limits to how the cooperation could evolve....More
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