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 Fri, 3 Feb 2012 23:00:00 GMT Fri, 3 Feb 2012 23:00:00 GMT http://www.supplierbusiness.com/news.asp 5 http://www.supplierbusiness.com/news_endpoint.asp?id=15986 Denso has reported a net income of JPY36.4bn (USD470.2m, 31 December 2011) in the third quarter (Q3) ended 30 December 2011, registering a year-on-year (y/y) decrease of 71.9%, according to a company press release. Fri, 3 Feb 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=15986 http://www.supplierbusiness.com/news_endpoint.asp?id=15987 WABCO's sales increased 8% to USD672m for the fourth quarter (Q4) ended 31 December 2011 compared with USD627.2m in the corresponding period of the previous year, according to a company press release. The company's operating income witnessed a growth of 30.2% to USD90.5m against USD69.5m while net income grew 8% from USD64.6m to USD69.8m during the quarter. Fri, 3 Feb 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=15987 http://www.supplierbusiness.com/news_endpoint.asp?id=15988 Honda is expected to resume production in Taiwan from mid-this month, reports Dow Jones. The report states that Honda has issued a statement saying that Taiwanese production will resume shortly and reach normal levels by March. Fri, 3 Feb 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=15988 http://www.supplierbusiness.com/news_endpoint.asp?id=15989 Johnson Controls has partnered with mattress manufacturer Harrison Spinks to develop seats for automobiles, according to a company press release. Fri, 3 Feb 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=15989 http://www.supplierbusiness.com/news_endpoint.asp?id=15990 Spanish automotive components manufacturer Grupo Antolin, which specialises in manufacturing of interior components, has established second plant in Slovakia, according to a SITA news agency report. Fri, 3 Feb 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=15990 http://www.supplierbusiness.com/news_endpoint.asp?id=15991 If you would like your company included in this feature, or the car cutaways published in Automotive News or Automotive News Europe, please email james.clark@ihs.com. Fri, 3 Feb 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=15991 http://www.supplierbusiness.com/news_endpoint.asp?id=15992 Meritor has recorded a net loss of USD22m in the first quarter (Q1) of fiscal year 2012 ended 31 December 2011, despite a sales improvement of 21% to USD1.15bn, according to a press release. The net loss is accredited to the USD24m in restructuring, compared to a net loss of USD2m in the prior year's Q1. Fri, 3 Feb 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=15992 http://www.supplierbusiness.com/news_endpoint.asp?id=15993 Plastic Omnium has secured a contract from Audi to provide selective catalytic reduction (SCR) systems, says a press release. Fri, 3 Feb 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=15993 http://www.supplierbusiness.com/news_endpoint.asp?id=15994 Bladon Jets, a microturbine manufacturer, has inaugurated an engineering centre in Coventry (the UK), reports the Green Car Congress. Fri, 3 Feb 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=15994 http://www.supplierbusiness.com/news_endpoint.asp?id=15995 OnStar is planning to offer access to utilities, energy companies and technology firms to its application programming interfaces (APIs) in order to create smart grid solutions, which will help in broadening the potential to integrate electric vehicles (EVs) with smart grid technology, says a press release. Fri, 3 Feb 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=15995 http://www.supplierbusiness.com/news_endpoint.asp?id=15996 Toyota Industries reported a slight increase of 1.5% in net income for the nine months ended 31 December 2011. Fri, 3 Feb 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=15996 http://www.supplierbusiness.com/news_endpoint.asp?id=15997 Tenneco has reported a net income of USD30m in the fourth quarter ended 31 December 2011 against a net loss of USD18m in the corresponding quarter a year ago, the company said in a filing. Fri, 3 Feb 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=15997 http://www.supplierbusiness.com/news_endpoint.asp?id=15998 Hitachi Automotive Systems reported a 85.7% year-on-year (y/y) growth in operating profit for the third quarter ended 31 December 2011. Fri, 3 Feb 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=15998 http://www.supplierbusiness.com/news_endpoint.asp?id=15999 The US Department of Energy (DOE) has issued a funding opportunity announcement (FOA) for a ‘Batteries and Energy Storage Innovation Hub' which will focus on accelerating the discovery of new electrochemical energy storage concepts and incorporate these into new prototypes for storing energy in reliable and efficient manner. Fri, 3 Feb 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=15999 http://www.supplierbusiness.com/news_endpoint.asp?id=16000 Lear has reported an 11% increase in sales for the fourth quarter (Q4) of 2011 to USD3.5bn, from Fri, 3 Feb 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=16000 http://www.supplierbusiness.com/news_endpoint.asp?id=16001 Cummins recorded a net profit USD548m in the fourth quarter of fiscal 2011, an increase of 51% from USD362m reported in the same quarter of the prior year. Fri, 3 Feb 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=16001 http://www.supplierbusiness.com/news_endpoint.asp?id=16002 SK Innovation revenues increased 23.6% to KRW16.9trn (USD15bn, 31 December 2011 for the fourth quarter ended 31 December 2011, compared with KRW13.7trn (USD12.2bn, 31 December 2010) in the corresponding period of the previous year. Fri, 3 Feb 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=16002 http://www.supplierbusiness.com/news_endpoint.asp?id=15969 Honda's flood-affected Thai plant in Ayutthaya is likely to resume production by the end of March, reports Reuters. Thu, 2 Feb 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=15969 http://www.supplierbusiness.com/news_endpoint.asp?id=15970 Ford will equip its Focus model in Europe with its new three-cylinder 1L EcoBoost petrol engine, reports Just-Auto. Thu, 2 Feb 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=15970 http://www.supplierbusiness.com/news_endpoint.asp?id=15971 Turbocharger manufacturer Honeywell has confirmed to IHS Automotive that it aims to increase turbocharger production in China by 76.9% as it aims to capture a greater market share in the country. Thu, 2 Feb 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=15971 http://www.supplierbusiness.com/news_endpoint.asp?id=15972 Dongfeng Peugeot-Citroën Automobile Company (DPCA) plans to invest CNY8bn (USD1.2bn, 2 February 2012) in a new gearbox plant in Wuhan in Hubei province, central China, the state-owned Xinhua News Agency reports. Thu, 2 Feb 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=15972 http://www.supplierbusiness.com/news_endpoint.asp?id=15973 Honda plans to invest USD98m at its engine plant in Anna, Ohio (US) to manufacture high-tech pulley components for the automaker's new continuously variable transmission (CVT) technology, reports the Detroit Free Press. As part of the investment, the automaker will utilise the 84,000ft2 facility for lathing, heat-treating, grinding and subassembly of precision CVT pulley systems. Thu, 2 Feb 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=15973 http://www.supplierbusiness.com/news_endpoint.asp?id=15974 Japanese supplier Panasonic plans to produce lithium-ion batteries in China for the automotive industry. The Nikkei reports that Panasonic has decided to begin producing the batteries in China as major customers such as Volkswagen and Toyota have announced plans to manufacture hybrids and electric vehicles (EVs) in the country. Thu, 2 Feb 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=15974 http://www.supplierbusiness.com/news_endpoint.asp?id=15975 Continental Automotive Systems is expanding operations at its Seguin plant in Texas (US)—with an investment of USD113m—to manufacture automotive sensor, according to a press release. Thu, 2 Feb 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=15975 http://www.supplierbusiness.com/news_endpoint.asp?id=15976 GM Canada has decided to invest USD8.8m at its St. Catharines Powertrain facility in Canada to manufacture the next generation of the six-speed front wheel drive (FWD) transmissions, according to a company press release. Thu, 2 Feb 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=15976 http://www.supplierbusiness.com/news_endpoint.asp?id=15977 Continental has confirmed plan to invest THB5bn (USD161m, 2 February 2012) in Thailand to capitalise on expected rise in intra-regional trade once the Asean Economic Community (AEC) takes place in 2015, reports Thai News Service. Thu, 2 Feb 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=15977 http://www.supplierbusiness.com/news_endpoint.asp?id=15978 Autoliv recorded a 10% decline in net income for the fourth quarter (Q4) ended 31 December 2011, from USD178.8m to USD159.7m, according to an official press release. Profit was impacted by decline in sales recorded in Europe due to negative currency effects, along with USD25m higher raw material costs and USD7m net cost for the flooding in Thailand. Net sales, however, improved 7%, totalling USD2.04bn compared with USD1.90bn in the Q4 2010. Operating income declined by USD1m to USD224m mainly due to higher research and development expenses, particularly in active safety projects. Thu, 2 Feb 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=15978 http://www.supplierbusiness.com/news_endpoint.asp?id=15979 Freudenberg and Trelleborg have signed the final agreements to form a joint-venture (JV) in antivibration solutions for light and heavy vehicles, reports Dow Jones International News. Thu, 2 Feb 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=15979 http://www.supplierbusiness.com/news_endpoint.asp?id=15980 Maruichi Steel Tube subsidiaries in US, Maruichi American Corporation (MAC) and MKK USA plan to set up a manufacturing base in Mexico in collaboration with Marubeni Itochu Steel and Toyota Tsusho, says the company's press release. Thu, 2 Feb 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=15980 http://www.supplierbusiness.com/news_endpoint.asp?id=15981 In the fourth quarter of 2011, Magneti Marelli reported trading profit of EUR54m, a gain of 86.2% year-on-year (y/y) over EUR29m. Thu, 2 Feb 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=15981