Post Tagged with: "auto parts manufacturers"

Read By

Wanxiang Group granted approval to buy A123 Systems

Wanxiang Group granted approval to buy A123 Systems

China’s largest auto parts manufacturer won U.S. government approval to buy A123 Systems, a bankrupt maker of electric car batteries that was funded with federal money. According to a source familiar with the situation cited by Reuters, a U.S. government committee on foreign investment approved the sale of the lithium-ion […]

Report: Goodyear to close plant in northern France

Report: Goodyear to close plant in northern France

Tyre maker Goodyear is preparing to shut down a French plant that employs 1,250 workers near the northern city of Amiens. According to a French government official quoted by French newspaper Le Monde, the plan will be presented at a January 31 works council meeting. “We’ve been informed of the […]

Denso planning to add 400 jobs in Michigan

Denso planning to add 400 jobs in Michigan

Japanese auto supplier Denso is considering a plan to hire 400 new workers at its plant in Battle Creek and at its U.S. headquarters in Southfield. The $150 million investment is part of a four-year, $1 billion investment plan in North America. According to Terry Helgesen, senior vice president of […]

Johnson Controls plans 10 new seating plants in China

Johnson Controls plans 10 new seating plants in China

Johnson Controls has announced plans to build 10 more auto seating plants in China within five years as part of the company’s strategy to continue its growth in the world’s largest car market. The strong expansion in China and the slow expansion in North America will help Johnson Controls offset […]

Saint Gobain opens new plant in China

Saint Gobain opens new plant in China

French glass products maker Saint Gobain has opened a new plant in Qingdao, a city in China’s Shandong province, via its Saint-Gobain Solar Gard subsidiary. According to a report in the IHS Automotive’s Supplier Business newsletter, the $50 million (463 million yuan) plant produces window films and backsheet materials. The […]

Ford sells its last auto parts company

Ford sells its last auto parts company

Ford Motor Company announced on Monday that it would sell its last remaining auto parts company to a joint venture between French supplier Valeo SA and a former Detroit Pistons basketball player. The sale of Ford’s climate control business fulfills the goal of its Automotive Components Holdings (ACH), a unit […]

DuPont cuts 1,500 jobs after sharp drop in Q3 earnings

DuPont cuts 1,500 jobs after sharp drop in Q3 earnings

DuPont Company announced on Tuesday that it will cut about 1,500 jobs and take other steps to improve competitiveness. Weak demand for a key industrial pigment and uncertainty in the solar panel market led to a sharp drop in third-quarter earnings. From July through September, the chemical company reported net […]