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Latest auto supplier deal could pave way for more tie-ups


Last week, German auto parts supplier ZF Friedrichshafen issued a take over bid for US rival TRW Automotive Holdings – in a move that could see the creation of the second-largest auto-parts maker in the world. ZF is a powertrain and chassis focused company, while TRW is the world’s leading producer of car-safety equipment. The proposed deal could usher a component ...
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More auto parts articles

US: auto parts price fixing probe turns into record investigation
The Justice Department has been for some time investigating price-fixing and bid-rigging among the automotive parts suppliers, with the probe quickly becoming the largest ever criminal antitrust probe. The investigation, which ...
China: auto sector evolution makes new billionaires
After China in 2013 became the first market in the world to best the 20 million units sold, the implications go as far as transforming some of its businesses into ...
Japanese supplier eyes double China sales on VW to GM orders
Tsubakimoto Chain Co., a Toyota supplier, forecasts China auto parts sales to more than double in four years as carmakers including Volkswagen and General Motors raise orders to diversify supply ...
Auto suppliers expand their presence in Russia
Russia's auto parts industry is expected to improve as suppliers such as Visteon and Robert Bosch increase their presence in the market and component makers such as GKN Driveline, TRW ...
Toyota supplier boosts spending for new models
Toyoda Gosei Co., a supplier to Toyota Motor Corp., the world’s biggest automaker, plans to increase capital spending next fiscal year as carmakers roll out new models. Tadashi Arashima, president of ...
Japanese auto supplier settles price fixing trial
Nippon Seiki Co. Ltd. has agreed to pay $4.56 million to consumers and cooperate with attorneys who are suing many other firms, making it the first settlement in a massive ...
US: auto parts maker Tomkins ready for IPO
Tomkins Plc, a manufacturer of auto parts and building products that was taken private in 2010 in a $5 billion leveraged buyout, filed for an initial public offering in the ...
Brazilian auto parts supplier eyes acquisitions
Plans for Brazilian production by global automakers such as BMW and Audi are spurring the country’s best-selling parts supplier, Autometal SA, to hunt for acquisitions in a market poised for ...
PSA’s Faurecia cuts mid-term goals due to recent acquisitions
Faurecia, the supplier controlled by PSA/Peugeot-Citroen, announced it has trimmed its mid-term sales and margin goals as it digests several acquisitions. Faurecia said it would target revenue of 21 billion euros ...

latest automotive news
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This impressive Ferrari 458 Italia will need some important servicing in order to return to its former glory after its ...
Consumer Reports rates high Buick’s Regal
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Australian recall roundup: Holden VF Commodore and Holden WN Caprice
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Matte Black Lamborghini Aventador gets crashed in Taiwan
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Recall roundup: Chrysler Group Durango and Grand Cherokee
Chrysler has issued a new recall, this time for the Dodge Durango and for the Jeep Grand Cherokee, because of ...
US: study says convertible owners are educated and prosperous
New research conducted by Experian Automotive reveals that cabrio owners typically tend to be more educated and affluent than the ...
Another Pagani Huayra gets delivered to the U.S.
A new Pagani Huayra has been recently delivered to a customer living in the United States, making Christmas come a ...
Ford exceeds expectations on new, weight-saving F-150
The No. 2 US automaker is slowly letting us peek into all there is to know about the latest generation ...
[VIDEO] New Honda NSX gets spied on the Ring
The upcoming production version of the Honda NSX has been recently caught on camera while it was being tested out ...
2015 Smart ForTwo Cabrio gets rendered
Just a day after a report is stating that the Cabrio, the Electric and the Brabus versions of the new ...
US: Michigan lures GM and auto suppliers with incentives
The US state is home to the Detroit three, so naturally the lawmakers have a fondness for the automotive business. ...
[VIDEO] See an on-board video with a Tesla Model S lapping the Nurburgring
A Tesla Model S has been recently taken on to the famous racing track out there, the Nurburgring, where it ...
Audi R8 gets completely destroyed by fire in London
An Audi R8 V10 supercar has recently met its end in flames in London, after it decided to spontaneously combust. The ...
DD Customs takes on the Chevy Camaro SS
The Chevrolet Camaro SS, in its 2010 version, has been recently upgraded by the guys from DD Customs and fitted ...
GM sales still surging, despite huge recalls
General Motors seems to have made the right move when signing Mary Barra as the company chief executive; the first ...
2015 Buick Envision detailed
Buick has released the first official details on the recently unveiled Envision, which will go on sale in China later ...
Ford detailing 2015 F-150 V6 engines
Ford has released some performance specifications on the V6 engines equipping the 2015 F-150. If you were curious what the performance ...
BMW X5 gets upgraded by Kelleners Sport
The aftermarket specialists from Kelleners Sport have recently upgraded the new generation of the BMW X5 with several interesting items. The ...