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Denso net income falls 72% to JPY36.4bn in Q3 FY2012
Lowers forecast for full year, expects sales of JPY3.1trn in FY2012

WABCO net income grows 8% to USD69.8m in Q4 2011
Company banks on emerging markets for growth this year

Honda to resume production in Taiwan this month
Expects production to reach normal levels by March


Grupo Antolin opens second Slovakian plant
New facility to cater to Kia models

Suppliers to the new VW Passat
Car cutaway for the new VW Passat



Bladon Jets opens engineering centre in Coventry, UK
Company focusing on developing gas turbine generator for automotive industry

OnStar opens up APIs to integrate EVs with smart grid
Focuses on demand response, TOU rates, charging data

Toyota Industries nine-month net income rises marginally to JPY39.7bn in FY2012
Company expects full year sales to increase by 12.8% y/y

Tenneco posts fourfold increase in 2011 net income to USD157m
Expects OE sales to increase between USD10bn and USD11.5bn by 2016


US DOE to award up to USD120m for ‘Batteries and Energy Storage Innovation Hub’
Department expects hub to drive electrochemical energy storage solutions beyond the current limits


Cummins Q4 net income rises 51% to USD548m
Forecasts revenues to increase by 10% in 2012

SK Innovation Q4 FY2011 revenues grow 23.6% to around USD14.6bn
Company expects sales of about USD69.9bn in 2012

Honda's Thai flood-hit plant to resume production in March
Automaker to start deliveries from second quarter

DPCA plans gearbox plant in Chinese city of Wuhan
Smallest EcoBoost engine ever produced by the automaker



Honda to invest USD98m in powertrain facility in Ohio, US
Plant to manufacture high-tech pulley components for 2013 Honda Accord

Panasonic plans lithium battery production in China
Company scouts for location, expects to start production by 2014

Continental Automotive to invest USD113m at Seguin plant in US
Investment to create 300 new jobs over next five years

GM to invest USD8.8m to manufacture six-speed FWD transmissions in Canada
Recalls 42 employees at St. Catharines powertrain facility

Continental confirms THB5bn investment plans in Thailand
Plant to produce fuel injectors, high pressure pumps in 2014

Autoliv Q4 2011 profits slip 10% to USD160m
Active safety systems business recorded 89% rise in 2011

Freudenberg, Trelleborg finalise JV agreement for antivibration solutions
Deal subject to approval from competition authorities



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