More in Suppliers

  • Mar 12, 2014

    Warranty Costs the Next Supplier-OE Battleground

    Parts makers currently spend a fraction of what vehicle manufacturers do annually to cover warranties, and automakers are eager to share the pain....More
  • Newswire

    Owner of Russian Steel Maker Sees Troubled 2014 for Industry  

    Alexei Mordashov, owner of Russia's second-biggest steel maker, says flat prices, sluggish demand and overcapacity will keep nearly two-thirds of global producers cashflow-negative....More
  • Newswire

    Russian Steelmaker Strategizes Against U.S. Automakers' Aluminum Interest  

    Severstal plans to develop new, high-strength steel products to counter the "infiltration" of aluminum into products such as Ford's new F-150 pickup made almost entirely from the lighter-weight metal....More
  • Newswire

    UPDATE 2-Panasonic considers investing in $1 bln Tesla battery plant -sources  

    * Battery 'giga factory' for electric cars would be a first for U.S. * Plant due on-stream in 2017, key for next-generation Tesla car * Panasonic looking for other supplier partners for plant -Nikkei * Tesla has said it would announce details on plant this week...More
  • Newswire

    Visteon Q4 Profit Exceeds Analysts' Forecasts  

    Bolstered by a $465 million gain related to the sale of its stake in a Chinese joint venture, the auto-parts maker reported net income of $10.32 a share for the quarter, compared with 74 cents a share prior-year....More
  • Newswire

    UPDATE 2-GKN sees more growth this year, warns of dollar impact  

    * FY underlying profit 578 mln stg vs 565 mln forecast * Says currency headwinds could affect 2014 results * CEO sees acquisition of U.S. wing factory as 'logical' * Shares down more than 2.0 pct By Sarah Young LONDON, Feb 25 (Reuters) - Britain's GKN said on Tuesday it could cope with the impact of a weak dollar versus the pound after reporting a 17 percent rise in 2013 profits and forecasting strong demand for car and airplane parts....More
  • Newswire

    REFILE-China's competition watchdog has its eye on auto parts market  

    (Corrects dateline to Feb 19) SHANGHAI/BEIJING, Feb 19 (Reuters) - China's monopolies regulator has been collecting evidence of possible anti-competitive behaviour in the country's auto parts market, it said on Wednesday. Foreign carmakers were accused by Chinese state television in December of charging customers more for repairs in China than in other markets, leading to suggestions that the auto parts sector could be the next target for the country's anti-monopoly campaign....More
  • Newswire

    UPDATE 2-Faurecia's profits jump after Asia-led sales gains  

    * Faurecia profit rises on Asian demand * Company says North America below expectations * Targets 2014 margin gain on 2-4 pct sales growth (Adds company and trader comments, details, background) By Laurence Frost and Gilles Guillaume PARIS, Feb 12 (Reuters) - French auto parts maker Faurecia's second-half profit rose on demand in Asia, which outpaced weak North American results and a tentative recovery in Europe, the company said on Wednesday....More
  • Newswire

    Polymer Firm May Pave Way for More Continental Acquisitions  

    The automotive supplier paid $1.9 billion for U.S.-based Veyance Technologies....More

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