Novelis to supply aluminium sheets for new Audi A8 luxury sedan
Audi focusing on lightweight design

Getrag plans additional restructuring in Germany
Aims break-even by 2010-end

Denso’s employee hiring to fall by 8% in 2010-2011
Decision followed Toyota’s reduced hiring plans

MRF to invest INR30bn in India
Move aimed to strengthen market share

Visteon’s stockholder hedge funds to discuss reorganisation plan
Company shows improvement in cash flow

Tenneco plans adding 200 Jobs in Georgia
Company intends to consolidate operations in North America

Report: Valeo considering selling some assets and lay off 600 employees
No plans to close any plant in Europe

ContiTech inaugurates new plant in China
Company invests €40m in new facility

Strike at Denso's Indian facility to affect Maruti Suzuki’s 2010 target
Supplier hires temporary employees

Delphi sales decline in 2009
Sales to GM shrink further

Avtec receives transaxle contract for Ford’s new Figo
Supplier invested INR300m (US$6.6m) to set up production unit in Bangalore

Fiat integrates “Multiair” with diesel engines to adhere to Euro 6
Technology developed in collaboration with Schaeffler Group

Pirelli post sales decline of 4% in FY 2009
Anticipates sales between €4.7bn to €4.8b in 2010

Navistar displays MaxxForce® 7 diesel engine on commercial truck
New 6.4L V8 diesel engine uses CGI cylinder block

Valeo to focus on greenhouse emission reduction and emerging markets
Company to invest two-thirds of R&D expenditure in conventional & alternate technologies

Johnson Controls concludes public offering of US$500m of senior notes
Senior notes due in March 2020

Toyota works towards reducing steel price for suppliers
Negotiates with steelmakers to adjust prices

Bosch announces lock out at Bangalore facility
Workers’ wage revision being the major issue

Kongsberg Automotive gets contract worth €65m from European OEM
Company to be preferred supplier of driveline systems for six years

Bergstrom acquires Modine’s North American HVAC business
Extends core business to include commercial vehicle and off-highway offerings

Toyota Boshoku appoints Teruyuki Minoura as Chairman
Minoura to assume charge of new position in June 2010

Dana concludes sale of Structural Products business to Metalsa
Deal includes ten manufacturing facilities along with a JV in UK

GM introduces in-house diesel ECU
ECUs to be first used on 1.7L diesel-engine

Fitch reaffirms Cummins debt and credit ratings
Rates supplier’s outlook as stable

MRF starts construction of seventh plant in India
Investment to range between INR7bn to INR8bn

Autoliv says lift in premium cars will counterbalance Toyota’s recent loss
European market could face trouble further

Grupo Antolin to open new plant near St Peterburg
Company leases premises for 10 years

Hybrids and EVs dominate Geneva Auto Show
Is the global auto industry inevitably heading towards hybrids and EVs or does the real powerhouse of the industry remain in conventional engines?

SUPPLIERBUSINESS INSIGHT 8 March 2010
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Alpine Electronics, Navteq & Nokia teams up to integrate smartphones into car infotainment systems
Systems provide information on fuel levels and engine status