http://www.supplierbusiness.com/insight_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, 16 May 2012 23:00:00 GMT Wed, 16 May 2012 23:00:00 GMT http://www.supplierbusiness.com/insight_news.asp 5 http://www.supplierbusiness.com/news_endpoint.asp?id=17063 Opel has opened the new extension to its existing powertrain plant in Szentgotthardt, western Hungary, according to a report by the Hungarian news agency MTI. Thu, 17 May 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=17063 http://www.supplierbusiness.com/news_endpoint.asp?id=17064 Germany-based automotive components supplier Preh has designed and started production of iDrive navigation versions for BMW 3 Series vehicles, says a company press release. Thu, 17 May 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=17064 http://www.supplierbusiness.com/news_endpoint.asp?id=17065 Specialty glass and ceramics company Corning Incorporated held groundbreaking ceremony for its automotive substrate facility in Shanghai (China). Thu, 17 May 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=17065 http://www.supplierbusiness.com/news_endpoint.asp?id=17066 Johnson Electric has introduced ETC motor product line for electronic throttle control, says a company press release. Thu, 17 May 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=17066 http://www.supplierbusiness.com/news_endpoint.asp?id=17067 Micronas has developed the HAL 24xy family of high precision programable linear Hall-effect sensors for automotive applications, according to a company press release. Thu, 17 May 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=17067 http://www.supplierbusiness.com/news_endpoint.asp?id=17068 Intel Corporation is in talks with Indian automakers to introduce a new in-vehicle infotainment (IVI) Thu, 17 May 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=17068 http://www.supplierbusiness.com/news_endpoint.asp?id=17069 LS Industrial Systems (LSIS) has completed the construction of a KRW31.4bn (USD26.9m) electric vehicle (EV) relay manufacturing facility in South Korea, reports South Korea's MK Business News. Thu, 17 May 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=17069 http://www.supplierbusiness.com/news_endpoint.asp?id=17070 Gentex has secured a contract to supply auto-dimming mirrors with camera-based driver-assist system for the 2013 Ford Explorer, says the company's website. Thu, 17 May 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=17070 http://www.supplierbusiness.com/news_endpoint.asp?id=17071 Italian design firm Pininfarina has confirmed it plans to become a part of Shanghai International Automobile City's Auto Research and Development Harbor, reports Gasgoo Automotive News. Thu, 17 May 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=17071 http://www.supplierbusiness.com/news_endpoint.asp?id=17072 Japanese automotive electronic equipment supplier Fujitsu Ten has entered into a joint-venture agreement with Uno Minda, a business unit of India-based NK Minda Group, to produce and sell car infotainment products, the company said in a press release. Thu, 17 May 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=17072 http://www.supplierbusiness.com/news_endpoint.asp?id=17037 Cummins India has reported a marginal increase in net income to INR1.44bn (USD27.6m, 31 March 2012) in the fourth quarter (Q4) ended 31 March 2012, compared with a profit of INR1.43bn (USD31.5m, 31 March 2011) for the same period in the previous year, reports the Financial Chronicle. Wed, 16 May 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=17037 http://www.supplierbusiness.com/news_endpoint.asp?id=17038 Technical plastics recycler Luxus will display a lightweight polymer made from recycled materials at the plastic design & moulding (PDM) event in London, to be held on 29 and 30 May this year, reports Plastics and Rubber Weekly. Wed, 16 May 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=17038 http://www.supplierbusiness.com/news_endpoint.asp?id=17039 ThyssenKrupp has agreed to sell its Waupaca foundry unit to New York-based private-equity firm KPS Wed, 16 May 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=17039 http://www.supplierbusiness.com/news_endpoint.asp?id=17040 Two advisors to new French president François Hollande are to put pressure on General Motors (GM) Wed, 16 May 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=17040 http://www.supplierbusiness.com/news_endpoint.asp?id=17041 German automotive component supplier ZF Friedrichshafen expects its Chinese sales revenue to increase by 17% year-on-year (y/y) this year, according to a report in Automotive News China. Wed, 16 May 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=17041 http://www.supplierbusiness.com/news_endpoint.asp?id=17042 Valeo has officially opened its 22nd facility in China at Huadu Auto City, Guangzhou, reports a company press release. Wed, 16 May 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=17042 http://www.supplierbusiness.com/news_endpoint.asp?id=17043 ThyssenKrupp is in discussions with Sogefi and Max-Aicher Gruppe to divest its ThyssenKrupp Federn GmbH's suspension business, reports Bloomberg. Wed, 16 May 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=17043 http://www.supplierbusiness.com/news_endpoint.asp?id=17044 JK Tyre has reported nearly a sevenfold increase in net profit in the fourth quarter ended 31 March 2012 to INR863.4m (USD16.6m, 31 March 2012) compared with INR124.6m (USD2.7m, 31 March 2011) in the corresponding period a year ago, the company said in a press release. Wed, 16 May 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=17044 http://www.supplierbusiness.com/news_endpoint.asp?id=17045 Remy International will supply its HVH250 motors to Quantum Fuel Systems Technologies Worldwide, the company said in a press release. Wed, 16 May 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=17045 http://www.supplierbusiness.com/news_endpoint.asp?id=17046 Henkel has signed an agreement to acquire US-based chemicals producer Cytec Industries' high-performance pressure sensitive adhesives (PSA) product range, says a company press release. Wed, 16 May 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=17046 http://www.supplierbusiness.com/news_endpoint.asp?id=17047 Leoni's net income for the first quarter (Q1) ended 31 March 2012 totalled EUR64.6m (USD86.2m), up 76.5% from the EUR36.6m (USD51.5m, 31 March 2011) in the same period of fiscal year (FY) 2011 Wed, 16 May 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=17047 http://www.supplierbusiness.com/news_endpoint.asp?id=17048 Thyssenkrupp sales were down 1% to EUR20.5bn (USD27.3m, 31 March 2012) for the first half (H1) Wed, 16 May 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=17048 http://www.supplierbusiness.com/news_endpoint.asp?id=17049 Ricardo is supplying continuously variable transmission (CVT) for Chery's E5 vehicle, according to a Wed, 16 May 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=17049 http://www.supplierbusiness.com/news_endpoint.asp?id=17050 Michelin is considering undertaking a short-time working strategy at sites in France and Spain, reports Agence France Presse. Wed, 16 May 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=17050 http://www.supplierbusiness.com/news_endpoint.asp?id=17051 The Korea Auto Parts Park (KAPP) opened in Detroit (US) on 14 May, reports The Korea Herald. The KAPP will facilitate auto exports between the two countries by providing Korean auto suppliers with a local office to solicit business. Wed, 16 May 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=17051 http://www.supplierbusiness.com/news_endpoint.asp?id=17052 Yaskawa reported a net profit increase of 28.8% to JPY8.4bn (USD101.1m, 20 March 2012) in the financial year ended 20 March 2012, compared to JPY6.5bn (USD81.1m) in FY2010-11. Wed, 16 May 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=17052 http://www.supplierbusiness.com/news_endpoint.asp?id=17053 Trelleborg has received approval from the European Union (EU) to establish a joint-venture (JV) in anti-vibration solution in collaboration with Freudenberg, says the company's press release. Wed, 16 May 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=17053 http://www.supplierbusiness.com/news_endpoint.asp?id=17054 NSK reported a year-on-year (y/y) gain of 9.2% in net income for the financial year ended 31 March 2012 (FY2012). The company's net profit increased to JPY28.51bn (USD346.5m), from JPY26.11bn (USD315m) in FY2011. Wed, 16 May 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=17054 http://www.supplierbusiness.com/news_endpoint.asp?id=17055 Umicore and Prayon have joined hands to form a joint-venture (JV) to develop and manufacture phosphate-based cathode materials for use in lithium-ion batteries, says a press release. Wed, 16 May 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=17055 http://www.supplierbusiness.com/news_endpoint.asp?id=17056 Freudenberg has announced plans to further expand its filter production prowess in China through new investments, says a company press release. Wed, 16 May 2012 00:00:00 GMT http://www.supplierbusiness.com/news_endpoint.asp?id=17056