More in Suppliers

  • Newswire

    Safety-Systems Growth Boosts Supplier Bosch's Bottom Line  

    The German supplier of electronic and mechanical auto components reports its 2014 margin on earnings before taxes and interest was 6.1% up nearly 1 percentage point from prior-year....More
  • Newswire

    Takata Airbag Recalls Cut Into Honda Profit Forecast  

    The automaker is scaling back its core profit forecast 6.5% to ¥720 billion for the year ending March 31 as it sets aside an extra ¥50 billion to cover recalls of cars equipped with faulty Takata airbag....More
  • Newswire

    Sanden Agrees to Plead Guilty to Price Fixing in U.S., Pay Fine  

    Sanden's plea will bring to 33 the number of companies which have been charged in the U.S....More
  • Newswire

    ZF to hire 650 for self-driving car tech - Automobilwoche  

    FRANKFURT, Jan 25 (Reuters) - German car parts maker ZF Friedrichshafen plans a hiring offensive to strengthen its position in technology for self-driving cars after buying U.S.-based TRW Automotive Holdings, its chief executive told a newspaper. Stefan Sommer told car industry weekly Automobilwoche that ZF intended to recruit more than 650 engineers and technicians worldwide within three years, mainly to develop radar and camera systems....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

    U.S. Nearing Increase in Duties on Chinese Tires  

    The Department of Commerce's preliminary decision to raise duties on Chinese car and light-truck tires follows a ruling they were sold too cheaply in the U.S....More
  • Newswire

    Takata Rival Daicel Raising Airbag Inflator Output  

    Daicel will increase production at its Japan plant and may raise output at its overseas facilities to meet rising demand apart from rival Takata's replacement of defective airbag inflators....More
  • Newswire

    Japanese Regulators May Hike Supplier Oversight in Wake of Takata Recalls  

    The comments by Japan's transport minister indicate possible changes to laws that prevent regulators from directly investigating supplier problems....More
  • Newswire

    Magna Predicting Decrease in 2015 Revenue  

    The Canadian supplier and contract assembler's prediction of $34.4 billion to $36.1 billion in total revenue falls short of analysts' expectation of $37.7 billion....More
  • Newswire

    Continental Predicts 5% Sales Uptick in 2015  

    The German automotive supplier says a 5% improvement on 2014 sales of 34.5 billion euros would allow it to maintain a double-digit operating-profit margin....More

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