More in Suppliers

  • Newswire

    Auto Supplier Visteon Posts 33% 3Q Revenue Increase  

    The revenue gain was driven by income from the company's electronics business, which more than doubled to $760 million in the period....More
  • Newswire

    UPDATE 2-Magna profit beats estimates on strong North American sales  

    (Adds details on North American results, context.) Nov 5 (Reuters) - Canadian auto parts maker and contract vehicle manufacturer Magna International Inc reported a 47 percent jump in third-quarter earnings that beat analyst expectations Wednesday, boosted by strong demand in North America. Adjusted earnings before interest and taxes in North America, the company's biggest market, grew to $470 million in the quarter through Sept. 30, from $365 million a year earlier. External production sales were up 10 percent at $4.43 billion....More
  • Newswire

    Continental AG CEO Says Audi Recall No Threat to Guidance  

    Earlier this month Audi said it was recalling 850,000 cars worldwide, because potentially faulty software may prevent airbags on its A4 model from deploying....More
  • Newswire

    German Headlight Maker Hella to Raise €278 Million in IPO  

    Hella has placed about 11.1 million shares with institutional investors at €25.00 apiece, in a move it says will open the door to a listing on the Frankfurt Stock Exchange....More
  • Newswire

    Johnson Controls Profit Beats Estimates as Car Seat Demand Rises  

    Sales in the company's automotive experience unit, which makes car seats, floor consoles and overhead systems, rose 3% to $5.3 billion in the fourth quarter. The business accounted for about half of the company's total revenue....More
  • Newswire

    In Glow of Apple, NXP Pitches Tap-to-Pay Technology to Car Makers  

    Instead of keys, automobile rental companies could send codes to their customers near-field-communcations-enabled smartphones that would let them open the door and turn on the ignition....More
  • Newswire

    Continental May Target Asia for Next Acquisition  

    Continental's chief financial officer says the German auto-parts and and tire manufacturer may be ready to expand further once it receives regulators' OK for its purchase of U.S.-based Veyance Technologies....More
  • Newswire

    Asia, North America Bolster Delphi's Q3 Profit  

    The supplier's third-quarter revenue grew 6% in North America, where U.S. auto sales posted their highest sales for the period in 10 years....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

    Audi Recalling A4 Models Over Airbag Issues  

    The global recall of 850,000 cars includes 250,000 sold in China, the luxury automaker's biggest market, and 150,000 sold in parent Volkswagen's home base in Germany....More
  • Newswire

    Nissan Global Recall Covers 260,000 Vehicles With Takata Airbags  

    Takata, which manufactured the airbags in cars covered by the Nissan recall, also produced potentially defective airbags in 7.8 million vehicles sold by 10 automakers in the U.S....More
  • Newswire

    Toyota Won't "Dump" Embattled Airbag Supplier Takata, Exec Says  

    Steve St. Angelo, head of the automaker's Latin American operations, says Toyota "is very big on helping a supplier on struggle points" - in Takata's case, potentially defective airbag inflators in millions of cars in the U.S....More
  • Oct 22, 2014

    Welcome to ‘Virtual Cockpit’

    Unlike most systems now widely used, the Audi TT eliminates the display screen mounted in the center stack or above it....More

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