http://www.supplierbusiness.com/news.asp SupplierBusiness is a business research company, focused on automotive supply base issues. We publish exclusive coverage of the global automotive supplier community in our weekly Insight or monthly Analysis newsletters, as well as in reports and databases on the global supply base. en-uk Wed, 28 Jul 2010 23:00:00 GMT Wed, 28 Jul 2010 23:00:00 GMT http://www.supplierbusiness.com/news.asp 5 http://www.supplierbusiness.com/news_endpoint.asp?id=11368 Schaeffler GmbH intends to start the merger with Continental AG by the end of next year. The company holds 75% stake in Continental. Thu, 29 Jul 2010 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=11368 http://www.supplierbusiness.com/news_endpoint.asp?id=11369 Delphi plans to close its Kokomo, Indiana (US) operations in 2012, according to a news article in Inside Indiana Business quoting United Auto Workers Region 3 Director Maurice Davison. Thu, 29 Jul 2010 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=11369 http://www.supplierbusiness.com/news_endpoint.asp?id=11370 Ricardo has signed an agreement to sell its Prototechnik exhaust manufacturing Thu, 29 Jul 2010 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=11370 http://www.supplierbusiness.com/news_endpoint.asp?id=11371 WABCO Holdings Inc. has reported improved second quarter and first half sales Thu, 29 Jul 2010 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=11371 http://www.supplierbusiness.com/news_endpoint.asp?id=11372 NHK Seating of America plans to establish a facility in Murfresboro, Tennessee (US) to supply seat components to Nissan by mid-2011. Thu, 29 Jul 2010 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=11372 http://www.supplierbusiness.com/news_endpoint.asp?id=11373 Stoneridge reported sales of US$314.3m for the first six months ended 30 June 2010, an increase of 40.7% from US$223.4m for the same period in 2009. Thu, 29 Jul 2010 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=11373 http://www.supplierbusiness.com/news_endpoint.asp?id=11374 Sweden-based Scania AB is mulling over plan to enter into components sharing and pre-development agreement with its rival, MAN SE. The two leading transportation solutions providers are conducting feasibility studies regarding potential collaboration in four strategic areas without impacting their brand identity. Thu, 29 Jul 2010 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=11374 http://www.supplierbusiness.com/news_endpoint.asp?id=11375 Infineon Technologies has reported a 58.9% increase in third quarter sales driven by strong performance in all operating segments, particularly in the Automotive (ATV), Wireless Solutions (WLS) and Industrial & Multimarket (IMM). The company has also recorded operating profit and net profit against operating loss and net loss during the third quarter of 2009. Thu, 29 Jul 2010 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=11375 http://www.supplierbusiness.com/news_endpoint.asp?id=11356 Cummins has announced financial results for second quarter and first half of 2010. Sales and profits increased in all businesses including engine and components. Wed, 28 Jul 2010 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=11356 http://www.supplierbusiness.com/news_endpoint.asp?id=11357 Wescast has reported a 43.4% increase in sales to CAD71m (US$68.6m, 27 June 2010) for the second quarter ended 27 June 2010, compared with CAD49.5m (US$45.7m, 28 June 2009) during the same period of the previous year. Wed, 28 Jul 2010 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=11357 http://www.supplierbusiness.com/news_endpoint.asp?id=11358 ADASENS, a joint-venture between Ficosa and Omron has launched an electronic reverse gear and parking camera, PAC 2.0 for the automotive industry. Wed, 28 Jul 2010 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=11358 http://www.supplierbusiness.com/news_endpoint.asp?id=11359 TI Automotive has received a contract to supply fuel tank systems for different Mercedes-Benz vehicles. The company will supply seven variants of plastic fuel tanks, fuel filler pipes and fluid carrying lines to the automaker's assembly plants in Germany and other countries. Wed, 28 Jul 2010 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=11359 http://www.supplierbusiness.com/news_endpoint.asp?id=11360 Valeo reported sales of €4.8bn in the first half of 2010, an increase of 37.9% compared with €3.5bn for the same period in the previous year. Wed, 28 Jul 2010 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=11360 http://www.supplierbusiness.com/news_endpoint.asp?id=11361 JFE Holdings' proposal to invest in JSW Steel for equity stake has been finalised. According to the proposal, JSW expects to raise INR57bn (US$1.2bn) from the sale of 14.99% stake of the company. Wed, 28 Jul 2010 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=11361 http://www.supplierbusiness.com/news_endpoint.asp?id=11362 Nexteer Automotive has won a new contract to supply steering columns to a North American OEM Wed, 28 Jul 2010 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=11362 http://www.supplierbusiness.com/news_endpoint.asp?id=11363 Fulcrum Credit Partners LLC has asked Visteon suppliers to vote down the company's Wed, 28 Jul 2010 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=11363 http://www.supplierbusiness.com/news_endpoint.asp?id=11364 British company, Tomkins is backing the $$2.9bn (US$4.5bn) offer made by Pinafore Acquisitions Wed, 28 Jul 2010 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=11364 http://www.supplierbusiness.com/news_endpoint.asp?id=11365 Nippon Steel is believed to be in the final stage of discussion with Tata Steel regarding proposed joint-venture (JV) to produce automotive cold rolled steel sheets in India. The Japanese steelmaker is likely to announce the details of the JV soon. Wed, 28 Jul 2010 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=11365 http://www.supplierbusiness.com/news_endpoint.asp?id=11366 DuPont has reported a 24.6% increase in sales in the first-half ended 30 June 2010. Higher sales were primarily driven by strong growth in volume and favourable price-mix during the period. Strong growth in sales helps the company to record sharp increase in pre-tax income and net income over previous financial year. Wed, 28 Jul 2010 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=11366 http://www.supplierbusiness.com/news_endpoint.asp?id=11367 Japan's Toyo Tire & Rubber has been selected to supply tires for Audi TT RSI as original equipment (OE) fitment. The car will be sold in the US, Europe and Asia. Wed, 28 Jul 2010 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=11367 http://www.supplierbusiness.com/news_endpoint.asp?id=11345 Mahle and Behr have reached an agreement according to which, Mahle will buy majority stake in Behr. The transaction will take place in various stages. Tue, 27 Jul 2010 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=11345 http://www.supplierbusiness.com/news_endpoint.asp?id=11346 Valeo has been awarded new contracts in North America after the company began production of torque converters in the new facility in Mexico. Tue, 27 Jul 2010 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=11346 http://www.supplierbusiness.com/news_endpoint.asp?id=11347 Grammer sales for the first half ended 30 June 2010 amounted to €444.5m, an increase of 30.1% compared with €341.7m for the same period last year. Tue, 27 Jul 2010 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=11347 http://www.supplierbusiness.com/news_endpoint.asp?id=11348 BorgWarner will supply engine timing systems to Fiat Powertrain Technologies (FPT) for its Tue, 27 Jul 2010 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=11348 http://www.supplierbusiness.com/news_endpoint.asp?id=11349 CTS has reported improved results in the second quarter and first half of the year 2010 Tue, 27 Jul 2010 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=11349 http://www.supplierbusiness.com/news_endpoint.asp?id=11353 Bharat Forge has reported a 75.7% increase in net sales to INR6.3bn (US$135.5m, 30 June 2010) for the first quarter ended 30 June 2010, compared with INR3.5bn (US$73.7m, 30 June 2009) during the same period of the previous year. Tue, 27 Jul 2010 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=11353 http://www.supplierbusiness.com/news_endpoint.asp?id=11351 Austria-based Benteler Group has finalised a deal with Chongqing Skyman Automobile Body Manufacture Co for establishing a facility in Chongqing (China), reports China Knowledge. Tue, 27 Jul 2010 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=11351 http://www.supplierbusiness.com/news_endpoint.asp?id=11352 Gentex is supplying its high-beam assist system, SmartBeam to seven Audi models in Europe. The models include A1, A3, A6, A8, Q5, R8 and TT. Overall, the company is now supplying to 13 Audi vehicles with the high-beam assist system. Tue, 27 Jul 2010 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=11352 http://www.supplierbusiness.com/news_endpoint.asp?id=11354 BMW and Daimler are planning to collaborate on development and purchasing of seat frames. The two automakers plan to extend their cooperation in combined procurement of components to joint development and purchasing of seat frame for some of their models. Tue, 27 Jul 2010 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=11354 http://www.supplierbusiness.com/news_endpoint.asp?id=11355 Volkswagen plans to increase suppliers' concentration near its assembly plant in Puebla (Mexico). Thomas Karig, Vice-President of Corporate Relations and Strategy, Volkswagen México told at a conference organised by the local plastic industry. Tue, 27 Jul 2010 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=11355