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GM offers US$200m to end American Axle strike
Money to be used for early retirement package and buydown


Fiat sets up sourcing centre in New Delhi (India)
Employee strength in India to increase to 50 by end of 2008

Continental AG sees higher cost savings from Siemens VDO
Increased presence made in the automotive electronics industry


Bridgestone posts 4% sales growth for 2008 first quarter
US contributed maximum to the consolidated sales 


Latest Investment
Latest Investment for 2008

Latest merger and acquisition activity
Latest merger and acquisition activity for 2008


ZF inaugurates new location for hybrid drive modules
Volume production to start by fourth quarter

DuPont plans capacity expansion
Company to invest US$150m in its plants in North America, Europe and Asia

Noble International records 96.2% sales increase in Q1 2008
Increased SG&A and higher interest expense widen net loss



Latest Joint-Ventures
Latest joint-ventures for 2008

Ford's new global purchasing-product structure: Alan Mulally moves deliberately, but effectively
Slowly, surely Alan Mulally is re-building Ford Motor Co.'s global purchasing operations in his own image.



Audi and Sanyo form hybrid battery alliance
Volkswagen presently not considering much hybrid vehicles

Gear World opens a new plant in Ranjangaon (India)
Expects to increase its independent sale to 20% in India

Czech Republic: the new hub of Europe
The Czech Republic is one of the most attractive of Europe's low-cost countries to automakers

The evolution of Skoda's supply base
Czech carmaker Skoda has increased the number of vehicles it ships to foreign markets

Questions and Answers: Dr. Bernd Loeser and Dr. Nikolaus Lang
Interview with Dr. Bernd Loeser and Dr. Nikolaus Lang

Latest Management Changes
Latest Management Changes for 2008

Localisation in India and China
Suppliers are still reluctant about localising production in low cost countries

BASF to build plant in India
Plant will manufacture engineering plastics

The infotainment revolution
The challenge is to merge the innovation and time-to-market speed of consumer electronics with the reliability and much longer design cycles of the auto industry

Hyundai-Kia teams up with Microsoft to develop next-generation infotainment systems
Automaker’s vehicle with the technology may enter North American market by 2010

Visteon and D&M Holdings to supply audio system for the 2009 Dodge Challenger
System to have option of either 8- or 6-speaker configuration

Suppliers to the Octavia Scout
Haldex keeps the Scout prepared

Suppliers to the Renault Twingo
TVP is the major supplier to the new Twingo

Noble International appoints new directors
Sets board of directors size at seven

GM shifts Malibu fender production to Michigan
Capacity expansion in Michigan still unclear 

Suppliers to the Peugeot 308
Multiple suppliers improve the 308's safety

SUPPLIERBUSINESS INSIGHT 6 May 2008
Weekly supplier newsletter. Unique stories. Download now.


Stoneridge’s first quarter operating income up by 45.4%
Expects full-year 2008 results to improve further

Rolex Rings to buy Latin American forging firm
Deal to be completed in a month’s time

The Canadian auto industry faces threat of long-term decline

Industry study group warns of loss of competitiveness


ElringKlinger increases stake in Marusan Corporation to 50%
Move aimed at increasing business with Japanese vehicle manufacturers

Growth in overseas markets drive Magna's Q1 sales up
Projects FY2008 sales in range of US$25.5bn to US$26.8bn

BorgWarner to expand turbocharger capacity over the next five years
Expansion to meet increasing demand from North America, Europe and Asia

Continental makes management changes
Paul Williams appointed head of North America’s commercial tire group

Detroit Three and Johnson Control to bail out Plastech
Plans include buy-out by Johnson Controls

BorgWarner to supply turbochargers to Ford EcoBoost Engines
Turbochargers designed to enhance vehicle performance


Continental plans restructuring of North American operations
Aims to become leading turbocharger supplier

American Axle in negotiations with UAW for plant closures
To close down plants in Detroit and Tonawanda (US)

Continental foresees more restructuring
May sell ailing commercial vehicle tire division

Gentex awarded contract to supply Hyundai
North American Genesis model supplied with a compass transducer

Daimler acquires 22.3% equity interest in Tognum
Plans to acquire a blocking minority

Miasa Automotive to expand Indiana operations
Plans investments worth US$8.4m

NAVTEQ records 40% sales growth in first quarter 2008
Operating income increases 6% to US$40.8m

Visteon posts net loss of US$105m in Q1 2008
Growth driven by sales in Asia


WABCO reports 26% sales growth in Q1 2008
Revises full year guidance on strong growth in key markets

Cummins announces first quarter 2008 results
Double digit growth recorded across all businesses

Pininfarina approves increase in capital structure
Secures equity investment from Piero Ferrari

Continental Structural Plastics plans restructuring
200 jobs to be cut in the second half of 2008


Usunco Automotive to supply advanced Diesel Oxidation Catalyst technology
Helpful in reducing hydrocarbons and carbon monoxide emission

Kirloskar Oil to sell valves division to Eaton
Deal valued at INR900m (US$22.23m)

Proliance International announces management changes
Smith appointed Director of product and new business development for Ready-Aire

Nanjing Tata to produce interiors parts at new Chinese plant
Starts supplies to Ford and General Motors

Tenneco to supply CES shock absorbers to Volkswagen
Shock absorbers to be used in new Passat CC

TomTom introduces new models of TomTom ONE and TomTom XL
New products feature a portable folding mount

Continental first quarter sales increase 67.5%
Net profit deceases 38% to 166.8m

ArvinMeritor second quarter sales increase 8% to US$1.8bn
Strong sales growth in South America, Europe and Asia

CTS announces first quarter 2008 financials
Expects 5% sales growth in full year 2008

Tenneco wins contract to supply Toyota Sequoia
Plans to expand its business with Toyota

Lears Q1 2008 profits increase 57%
Performance driven by currency gains



Brembo plans to acquire stake in Pininfarinas business
Pininfarina to raise capital worth 100m

Michelins Q1 2008 sales down 2.6%
Increased business from emerging countries


Hyundai Mobis inks new supply contract in China
Further plans to expand in Europe and North America

Hyundai suppliers build plants for Kia in Georgia (US)
Seventeen suppliers expand in Alabama to serve Kia


Lear intensifies its focus on Asia
Plans to source more components from the region

Haldex 2008 sales up 7%
Operating Income increases to SEK112m (US$18.8m)

Goodyear reports strong results in first quarter FY2008
Posts net profit against net loss in the previous years first quarter

Valeo to invest in Russia
Partnerships to drive market share growth

Aisin Seiki's 2008 sales up 13.5%
Earnings increase by 37%

Chrysler plans to sell axle facilities in Michigan
Intends to focus on transmissions, interiors & fuel-saving technologies


Suppliers face increased R&D burden and greater responsibility to meet emissions targets
Research on all possibilities, including Bio-fuels, seen as necessary

American Axle reports losses in the first quarter
Lower light truck production and strike hampers earnings

SUPPLIERBUSINESS INSIGHT 28 April 2008
Weekly supplier newsletter. Unique stories. Download now.

Plastic Omnium Q1 2008 sales increase 14%
Plants in Brazil and Canada set to be closed

Pininfarina plans to set up a research, design and engineering centre in India
Tata will have a minority stake in the Indian venture

Tenneco posts higher sales in first quarter
North American volumes drop on account of strike

Commercial Vehicle Group announces first quarter 2008 financials highlights
Expects previous sales estimate to increase by US$12m 





Kongsberg Automotive to close a facility in Sweden
Production transferred to other locations

Molex reports lower sales and earnings in the nine months FY2008
Expects better sales in the fourth quarter


UMW to buy two auto parts maker in India
Intends to strengthen manufacturing operations

Cosma acquires a stamping and sub-assembly plant in the US
Strengthens the companys presence in the south-east US

Exide Industries reports strong results in FY2008
High price of lead is a major concern for the company

Fiem Industries signs manufacturing agreement with BATZ S
To supply its new product Pedal Box Assembly to GM India

Autoliv sales growth driven by favorable currency effects
Net income increases by 11% to US$82m


T.RAD to establish new subsidiary in Indonesia
To produce aluminium radiators and inter-coolers


Bosch to expand in China
To invest US$1.4bn in the next two years


Volkswagen mulls reducing suppliers in China
Company looks to source more components from remaining suppliers


BorgWarner opens new production unit in China
Aims to support manufacturing operations in Asia

Fuel Systems announces financials for full year 2007
Sales grew but operating income declined

GKN Driveline expands in China
To supply driveshafts to Dongfeng

Sona Koyo Steering Systems reports 17.7% increase in net sales
New orders to result in sales worth INR1bn

Jamna Auto to supply Tata Motors World Truck
To increase share of exports to 8% of sales by 2010

NSK establishes research and development centre in China
Company targeting leading position in Chinese market

Draka to close cable facility in Spain
Closure will affect 100 people

Leoni to expand business in Europe
Seeking smaller acquisitions to boost sales growth

Continental introduces new brake system
To commence series production by 2011

UAW strike at American Axle continues
Affects two more GM plants



Delphi announces management changes
Appoints new heads for Powertrain and Thermal divisions

ArvinMeritor to supply shock absorbers to Chery
Company making a new facility in China

Hyundai Mobis considers supplying automakers in China
Looking to reduce dependence on Hyundai and Kia

Amtek to form a joint-venture with Sumitomo
To focus on precision forgings

M&M looking to buy Belgian gear-maker
Aims to capture 40% gear market in Europe

Delphi's slow climb out of Chapter 11may need foreign investment
Possibilities from Russia, China and India

SUPPLIERBUSINESS INSIGHT 21 April 2008
Weekly supplier newsletter. Unique stories. Download now.

Dana appoints new Chief Executive Officer
Gary L. Convis to replace John Devine

MANN+HUMMEL increases North American presence
Focuses on engineering capabilities

PPG reports 41.3% rise in Q1 2008 sales
Acquisition expenses and high raw material cost pull down net income

Faurecia announces first quarter results
Reported highest sales growth from North America

ZF makes appointment changes within Board of Management
Appoints new members to the Group Supervisory Board


Strike threat for GM and its interiors supplier
Crossover production affected on parts shortage

Remy international reports net sales of US$1.12bn
Global savings plan projects result in higher cost savings

JAC Products to go for Plant Consolidation
To close Monclova (US) plant





Johnson Controls-Saft to collaborate with Maxwell Technologies
Maxwell to supply lithium-ion battery electrodes

Ceat plans to increase tire production
To invest INR9bn in two production facilities

Kongsberg Automotive plans to issue new shares to reduce debt
Plans a repair issue of US$100m-US$110m in May


Continental bets high on China
Expects to double sales in two years

JK Tyres acquires a Mexican firm
Consolidates presence in North America


BMW to increase sourcing from US
To increase purchasing volume in the next four years

Fords new global purchasing-product structure: Alan Mulally moves deliberately, but effectively
Slowly, surely Alan Mulally is re-building Ford Motor Co.'s global purchasing operations in his own image

Ford unit divests glass manufacturing business
ACH sells business to an entity controlled by Robert Price

SUPPLIERBUSINESS INSIGHT 15 April 2008
Weekly supplier newsletter. Unique stories. Download now.

SupplierBusiness Analysis (Issue 2) 2008
Download PDF version now..




Hayes Lemmerz reports 18% increase in sales
Net loss increases to US$194.4m

Plastech may divest exterior parts and stamping units
Company in talks with potential buyers


Advantage Partners set to acquire GST AutoLeather
To focus on expansion in Asian markets

TRW to set up an assembly plant in Indiana
Plant to supply steering gears to Ford

Continental considers divesting fuel supply business
Strategy intended as a part of ongoing business restructure

Gentex to supply auto-dimming mirror to Hyundais sedan
First automaker to provide RCD mirror programs for the Korean market


Wescast establishes production base in China
Opens integrated foundry and machining production facility in Wuhan

Freudenberg starts specialty lubricants production in China
Group plans two other facilities in China

Delphi opens new wiring harness plant in China
To cater to increased vehicle launches

Autoliv completes new facility in Guangzhou
To supply airbags and seatbelts in China

Lear to lay off 100 workers
Move part of its strategy to streamline North American operations

GM to reopen two assembly plants
American Axle & Manufacturing and UAW to start negotiations

FAW trying to buy Bertone
To be FAWs first manufacturing centre for sales in Europe

Kolbenschmidt establishes new North American Technical Center
To focus on automakers and suppliers in the region


SUPPLIERBUSINESS INSIGHT 8 April 2008
Weekly supplier newsletter. Unique stories. Download now.




Modine to divest electronics cooling business
Thermacore to be owned by management team

Delphi bankruptcy exit plans disrupted
Investor group led by Appaloosa pulls out

Valeo to sell heavy-duty engine cooling business
Plans to focus on passenger and light duty engine cooling business

Suppliers to the Honda CR-V
Alpine helps CR-V drivers find their way

German car makers still see strong hybrids mostly as side-bet
VDA Technical day underlines that cost still outweigh benefits, German industry believes

RNPO expands joint purchasing scope
To cover 90% of Renault-Nissan purchasing in 2008


Stankiewicz planning its second facility in US
To supply acoustical components to Mercedes-Benz and GM

Bosch to invest €150m in Russia
Company banks on high growth potential in the region


Modine to close three facilities in North America
Move part of its restructuring plan

GM to take on Delphi’s pension liabilities
Liabilities amounting to US$2bn

China Automotive Systems acquires 35.5% in Henglong Automotive
Acquisition results in increased earnings per share

BASF wins contract from Hong Kong operators
BASF’s DPX Max filters cut emissions of particulate matter by more than 85%

Johnson Matthey makes management changes
Alan Thomson appointed as Senior Independent Director

Lionax & Semefab develop a new digital pressure sensor for TPMS
To use the new Ring Oscillator technology


BMW considering selling engines to GM and others
Decision to be finalised by 2008 end

Delphi gets approval to extend its deadline
To increase the letter of credit by US$2.5m



DENSO announces management changes
Shimmura to head DENSO Manufacturing Tennessee

Audi A4 sports lane change assistant from Hella
System to function at greater approach speeds as well

General Motors to shift contract from American Axle
Unending strike at supplier forces cautious initiative

Mitsubishi Heavy Industries to boost turbocharger production
Plans to invest ¥40bn to increase capacity


Grammer sales up 13.3% in 2007
However currency fluctuations lower earnings

Autoliv makes new appointment
Names Marika Fredriksson as new CFO

Hyundai Mobis introduces a lower risk deployment airbag
To be fitted on two Hyundai’s North American models


ElringKlinger AG acquires Swiss heat shield specialist SEVEX Group
Closing of deal expected by end of April 2008

Goodyear to supply 2009 Toyota Corolla and Matrix
To be available as original equipment fitment and replacement choice

ArvinMeritor wins a contract from Navistar
To supply remanufactured transmissions and axle carriers

GM may partner GAZ in an Italian diesel venture
Aims to have 15% sales from Russia in next five years

Ford may reopen Canada engine plant
Plant to assemble fuel-efficient V8 engines



Bridgestone Corporation announces management changes
Change in Corporate officers’ responsibilities

Yokohama starts Vietnamese facility
Investment amounts to ¥1bn

SUPPLIERBUSINESS INSIGHT 31 March 2008
Weekly supplier newsletter. Unique stories. Download now.



Ghaziabad Precision Products inks joint-venture with Kasuya Seiko
Expects turnover of US$75m in next five years 







Delphi exit from bankruptcy delayed further
Asks IRS to extend a waiver to fully fund its pension plans

Akebono chalks out investment plans for next three years
To invest ¥50bn in order to improve operating income

American Axle wants a new labour contract for US facilities
Aim to cut per hour wages from US$28 to US$14

Faurecia invests in Portuguese facilities
To start production of additional components

Hella to increase its presence in Thailand
TRW Asiatic appointed as the authorised importer and distributor

ArcelorMittal increases stake in Noble International
Provides convertible debt financing of US$50m

China Automotive sales increase 39.5% to US$133.6m
Aims at higher growth in 2008 through joint-ventures with OEM’s

Seiko diversifies in automotive parts
Establishes manufacturing facility in Thailand

Philips Lighting opens engineering centre
To focus on needs of Chinese markets



Getting suppliers to appreciate Nano cost targets was hard
Girish Wagh, Head of Small Car Projects at Tata, talked to SupplierBusiness

SUPPLIERBUSINESS INSIGHT 25 March 2008
Weekly supplier newsletter. Unique stories. Download now.

Fiat invests INR23bn in Ranjangaon facility
To boost annual production capacity

Toyota plans to open new engine plant
Fifth plant to come up in the Tohoku region

Suppliers to the Fiat 500
Magneti Marelli and Bosch help the new Fiat 500 to a top safety rating

NTN opens new axle bearing plant
Goes for capacity expansion through NTN Kinan

IAC issued US$200m line of credit
Loan to be used for working-capital needs

China Yuchai names new CFO
Hoh Weng Ming to assume responsibility on 1 May

Howa inaugurates interiors facility in Kentucky
Initial investment worth US$10m


Denso to invest in a new company in Japan
Operations expected to begin by January 2010

Dana cuts it full-year 2007 losses
Sales improved marginally


Gentex mirrors featured on 2008-2009 Jaguar XF
Will comprise a three-mirror auto-dimming system

Clarcor reports first quarter results
Sales grow on the back of recent acquisitions

Audi extends Karmann contract
To continue the assembling of A4 convertible

Wonder Auto Technology develops new product models
Starter and alternator models through Joint Development Programs


BorgWarner expands operations in Poland
Full-operation capacity expected in 2009


Grammer tries to ward off Polytec bid
Sales in 2007 almost at 2009 target


Iljin Bearing to supply GM in Europe
Focuses on reducing dependence on Hyundai-Kia

Suppliers set up plants to supply Kia in the USA
Plants to begin operation by November 2007

Kumho’s tire manufacturing facility in Vietnam begins operations
Aims to produce 65 million units globally in 2008


Pilkington North America laying off 250 workers
American Axle strike forces glass manufacturer to stop production

CIE acquires full ownership of its joint-venture
To pay €71m to Kuo Automotriz

GenTek announces 2007 financial results
Acquisitions and higher prices drive growth

Visteon appoints Board of Director
Alex J. Mandl takes over with immediate effect

JBM Auto forms joint-venture with Magnetto
To manufacture body structures for OEM’s

Suppliers to the Mini Cooper
Nippon Seiki gives the next generation Mini its distinctive interior

Magna mulls aluminium castings JV with GAZ group
To strengthen cooperation in automotive sector

IAC expands in North Carolina, USA
To add 140 jobs over three years

Citation shifts headquarters from Alabama to Michigan
Alabama office to continue operations


NxtGen’s new technology finds financers
Technology reduces vehicle emissions significantly

Superior Industries sales up 21.1% to US$956.8m
Improved results due to restructuring

VEBAs "does not solve" the industry's health care crisis
Inteview: Neil De Koker, President and CEO, Original Equipment Suppliers Association (OESA)

SUPPLIERBUSINESS INSIGHT 17 March 2008
Weekly supplier newsletter. Unique stories. Download now.

Plastic Omnium reports 15.5% sales growth
Net profit increases marginally

Continental confirms positive Siemens integration
Sees synergy effects of over €300m by 2010

GM approaches a bankruptcy court to seize Plastech’s tooling
Automaker works to ensure timely supply of parts



Azure Dynamics announces management changes
Professional agency for corporate communications

Hyundai to pay 20% more to component suppliers
To balance higher steel prices

Tenneco to diversify sales as part of its long term plan
Aims to increase sales to Japanese automakers by 30%


Federal-Mogul net sales up by 9.3%
Sales increase because of increased global demand

SORL renews contract with FAW Group
To supply advanced braking systems

Fiat Powertrain acquires Chrysler's engine plant in Brazil
Plant to make new range of gasoline and flex-fuel engines


Vuteq to set up a manufacturing plant in the USA
Plant will supply Toyota Highlander

Delphi revises its exit financing plan
Company announces 20-days rights offering

Parker Hannifin announces new President
Michael Chung to lead company's Asia Pacific business

KamAZ, Federal Mogul sign joint-venture deal
JV to produce auto parts in Volga

Ford cuts hours at Cologne plant
No layoffs until 2011


Ford SYNC to include telematics services
To use Airbiquity's VIAaq technology

Pirelli to acquire Speed SpA
Acquisition part of the group's restructuring strategy

Continental introduces new version of power electronics for hybrid drives
Work already underway on next generation power electronics

Calsonic Kansei and Delphi dissolve two joint-ventures
Delphi to restructure compressor business

ElringKlinger takes over Spanish subsidiaries
To expand Reus as a production site


Dura files revised reorganisation plan on agreement with major creditors
To speed up exit from Chapter 11 bankruptcy protection

Continental reallocates responsibilities to Executive Board
Hippe to take charge of PLT Tire and ContiTech division


Denso announces new chief for North America and Europe
Haruya Maruyama to serve as president and CEO of North America


SUPPLIERBUSINESS INSIGHT 10 March 2008
Weekly supplier newsletter. Unique stories. Download now.

Suppliers to the Alfa Romeo Spider
Mazzucconi and Hoerbiger Antriebstechnik help with the first diesel roadster
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Who Supplies Whom Databases NEW : European Supplier Report
Our databases show which suppliers supply to most major models produced by the OEM's. The database is available in sections - chassis/underbody- electrical/electronic- interior- exterior- powertrain or as a complete database.

The database currently has in excess of 52,500 lines of data.
The Houlihan Lokey European Supplier Report provides a comprehensive look at the current state of the industry along with an outlook for 2008.
Also included in the report are Who Supplies Whom tables and in-depth supplier profiles.

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