More in Suppliers

  • Newswire

    Sirius XM Hikes 2015 U.S. Revenue, Subscription Forecasts  

    The satellite-radio service says robust U.S. auto sales prompted it to raise its full-year subscriber forecast from 1.2 million to 1.4 million, and boost its revenue forecast from $4.5 million to $4.47 million....More
  • Newswire

    Valeo Boosts 2015 Profit Forecast  

    The French automotive supplier revises its full-year profit forecast after first-half net income soared 34% and sales climbed 15% to beat analysts' estimates....More
  • Newswire

    Johnson Controls Reports Q3 Profit Up  

    The largest automotive supplier in the U.S. says third-quarter net income more than doubled from the prior year, from $230 million to $503 million....More
  • Newswire

    Supplier Faurecia Raises 2015 Profit Margin  

    The French automotive supplier, citing sales growth in Europe and North America and a weak euro, says first-half net income nearly doubled from like-2014....More
  • Newswire

    TomTom, Bosch Enhance Nav-Systems Partnership  

    Dutch map developer TomTom and German automotive-electronics supplier Bosch say their collaboration will result in "high-precision maps for automated driving" on German freeways and eventually spread to the rest of Europe and North America....More
  • 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

    Supplier Strike Ends, Spain's Seat Resumes Production  

    Volkswagen's Spanish subsidiary had shut down Wednesday because of a strike at Johnson Controls Eurosit that cut off supplies of seats....More
  • Newswire

    VW's Seat suspends Spanish production due to parts strike  

    MADRID, July 15 (Reuters) - Spanish carmaker Seat said it had suspended all domestic production because of a strike at the firm that supplies it with seats. The strike at Johnson Controls Eurosit began on Wednesday, the carmaker, a subsidiary of Volkswagen, said in a statement. Seat's Spanish plant, at Martorell in Barcelona, has a capacity of 2,100 vehicles per day and produces the Leon and Ibiza marques, as well as the Audi Q3....More
  • Newswire

    ARC Automotive Airbag Inflators Probed  

    The National Highway Traffic Safety Administration's investigation follows two complaints about ARC airbag inflators received since December, and the agency says two known injuries are linked to the incidents....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

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