Category: Suppliers

By on January 24, 2016

Dieter Zetsche. Picture courtesy n-tv.deDaimler CEO Dieter Zetsche said a recent trip to Silicon Valley revealed that tech companies such as Google and Apple were making significant progress on autonomous cars, German newspaper Welt am Sonntag reported (via Reuters).

“Our impression was that these companies can do more and know more than we had previously assumed. At the same time they have more respect for our achievements than we thought,” Zetsche said, according to the report.

Zetsche said he and other managers from the automaker met with tech companies in Silicon Valley, but didn’t disclose what those companies were.  Read More >

By on January 19, 2016

Volkswagen Wolfsburg

Volkswagen just tabbed a former FBI director to be the highest paid traffic cop in the universe.

That, Renault is only “improving” its emissions, GM’s big bet on ride sharing and the world’s biggest auto supplier says diesel isn’t dead … after the break!

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By on January 14, 2016

Trading Places

Investors aren’t necessarily drinking automakers’ Kool-Aid that 2016 will be full of beer and Skittles.

That, the China-made Cadillac CT6 that’ll eventually get here, El Chapo’s cheapo getaway car and General Motors’ questions get down and dirty … after the break!

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By on January 7, 2016

ELIO_STILLS.07-723x406

Regulators may rain on Elio’s parade even before they got started.

That, Volvo takes a serious stab at full-size luxury conventional wisdom, the big get bigger and Ford’s hybrids only go so far … after the break!

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By on December 31, 2015

high_macan_gts_2015_porsche_ag-6

Man, people are really pumped about the cool, expensive cars they just bought.

That nugget of wisdom, Russia’s perpetual Cash for Clunkers program, VW’s appeal to Colorado and Washington buyers and GM’s knows what way the wind is blowing now … after the break! Read More >

By on December 30, 2015

PepBoysLogo_PressRelease
Stop us if you’ve heard this one before:

Billionaire investor, activist and horse racing enthusiast Carl Icahn bid to buy Pep Boys on Tuesday for just over $1 billion, outpricing Japanese tire giant Bridgestone for the franchise, Bloomberg reported (via Automotive News).

Bridgestone’s refusal to tender a competing offer after its final bid of $947 million for the 800 Pep Boys stores seemingly means that Icahn is the winner — although we’ve been here before.

Icahn offered up to $18.50 per share of the company, of which he already owns 12 percent, which is slightly higher than the company’s stock during trading Wednesday.

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By on December 23, 2015

Takata-jpg

Bloomberg (via Automotive News) reported that engineers at Honda demanded to know why Takata airbags were injuring drivers and passengers during a 2009 meeting held four months before investigators started their inquiry.

“Why does it explode? I want to know the truth,” an engineer identified as “Otaka” asked Takata’s CEO at the meeting, according to Bloomberg.

Minutes from a July 2009 meeting between Honda executives and Takata officials were made public as part of a lawsuit against the airbag maker. Read More >

By on December 18, 2015

Takata Logo on Belt

Who would have known that one of the largest parts supply recalls in U.S. history could poison the well for the rest of your business?

That, and Jeep needs you to keep it dry for a minute, Porsche pulls another player from Volkswagen’s bench and how big does Magna International’s yacht need to be anyway, after the jump.

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By on December 15, 2015

Bosch

Auto supply giant Bosch is being investigated for its part in the widespread emissions cheating scandal that has engulfed Volkswagen, Bloomberg reported (via Automotive News).

Prosecutors in Stuttgart say that they’ve contacted the company, which supplied Volkswagen with engine control modules that helped the cars illegally pass emissions tests, about their role in engineering the illegal devices.

A spokeswoman for Bosch said it would comply with requests from authorities.

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By on December 8, 2015

HMMA Plant Tour (Montgomery, Alabama)

Hyundai is considering making its own computer chips for autonomous cars, which the company expects will be readily available by 2030, according to Bloomberg.

The South Korean automaker, which is already preparing its cars with semi-autonomous technology, says the technology could be vital to car making in the future. Hyundai buys its autonomous driving-related technology from a supplier, but the director of the automaker’s automotive control system development group didn’t specify the company from which Hyundai buys the technology hardware.

Hyundai’s announcement could be competition for Silicon Valley giants such as Google and Apple that are developing autonomous driving technologies to be licenced (Google) or possibly their own cars (Apple). Hyundai developing its own chips could be a way to keep the automaker from becoming merely a sheet metal provider to autonomous car technology makers.

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