Tag: Suppliers

By on September 12, 2014

Delphi HQ Sign

Earlier this week, General Motors CEO Mary Barra announced that Cadillac would be the first of her company’s brands to receive V2V and V2I technologies, which would be introduced in the 2017 CTS and the unnamed F-segment flagship recently green-lighted.

Today, we know who will be supplying those technologies: supplier Delphi.

(Read More…)

By on August 29, 2014

800px-Fisker_Karma_2

If you’re Justin Bieber, Carlos Santana or Bob Lutz — and even if you’re not — you’ll be happy to know that your Fisker Karma will be more fixable in the event of a fender-bender or two, all thanks to parent company Wanxiang.

(Read More…)

By on August 19, 2014

saab-9-3-aero-sedan-my14-09-1

Remember when Saab’s new parent company was close to being taken to court and forced to declare bankruptcy by one of its suppliers? New information may have helped changed course.

(Read More…)

By on July 14, 2014

Barack Obama playing pool

A number of U.S. and multinational corporations met with President Barack Obama Friday to shine a light upon their pledge to pay their suppliers within 15 days as part of an initiative to help small businesses expand and bring on more employees.

(Read More…)

By on April 7, 2014

backup-camera

With the mandate that all vehicles post-2018 possess backup cameras set to begin its ramp up in 2016, suppliers will be the biggest beneficiaries of a growing safety market.

(Read More…)

By on April 3, 2014

US_Dept_of_Energy_Forrestal_Building

Established in the waning days of the Bush Administration, the U.S. Department of Energy’s Advanced Technology Vehicle Manufacturing Program lent a total of $8.3 billion (out of the budgeted $25 billion) to Nissan, Tesla, Ford and Fisker, yet has not been able to make new loans for a number of reasons since 2011.

That status, however, is about to change.

(Read More…)

By on February 13, 2014

ford f-150_r

As Ford’s newest F-150 dons an aluminium crown in place of steel, the usurpers waiting to take the throne of Truck Mountain are running to secure their own supplies of the lightweight metal.

(Read More…)

By on January 30, 2014

ford f-150_r

Automotive News is reporting that assembly plants in Dearborn and Kansas city will be shut down for a total of 13 weeks as it retools to switch production to the all new F-150 pickup truck that has an aluminum body. The launch of the 2015 F-150 will be closely watched, as Ford and its competitors see how consumers accept the lighter, more expensive truck.

Meanwhile, an analyst report seems to confirm TTAC’s initial story that Ford was forced to delay production of the new truck by up to three months due to difficulties with the new aluminum body.
(Read More…)

By on September 27, 2013
japanpricefixing

Source: United States Department of Justice

Nine Japanese auto suppliers and two executives have agreed to plead guilty and pay more than $740 million in fines for participating in a price fixing conspiracy, the U.S. Department of Justice said yesterday. The two executives, one an American citizen, the other Japanese, will have to serve prison terms. According to the DoJ, thirty different components were involved and they were sold to all three domestic automakers as well as the U.S. operations of Honda, Mazda, Mitsubishi, Toyota and Fuji Heavy Industries, which owns the Subaru brand. The automakers have cooperated with the investigation. More than 25 million vehicles sold in the U.S. were affected by the conspiracy, raising costs to automakers and consumers alike, U.S. Attorney General Eric holder told a press conference in Washington yesterday. (Read More…)

By on August 13, 2013

g413082g9

Visteon, the large automotive supplier, continues to reshape itself from a vendor of interior trim to one that focuses on electronics. Visteon announced that it is selling its half of Yanfeng Visteon Automotive Trim Systems to it’s Chinese joint venture partner Huayu Automotive Systems, for ~$1.2 billion. At the same time, Visteon will be buying majority ownership of the JV’s electronics unit, Yanfeng Visteon Automotive Electronics Co., for $68 million. (Read More…)

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