FCA, looking a 4.1 million unit recall in the face thanks to defective Takata airbag inflators, will source replacements from a rival, ZF-owned TRW Automotive.
The Chrysler/Dodge/Jeep/Ram parent will be the first company to refuse to toe the line.
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Category: Suppliers
Volkswagen USA CEO Michael Horn says the automaker expects “limited growth” until its new SUVs arrive, while one of its suppliers sets up shop in Tennessee.
Testifying before Congress Tuesday, NHTSA Administrator Mark Rosekind will give a statement on his agency’s need for funding to properly function.
As nearly 34 million vehicles in the United States go under recall over Takata’s airbag issues, Canada remains a low priority due to cooler climes.
The U.S. Department of Transportation announced Tuesday Takata would expand its airbag recall to cover 33.8 million units in the United States.
The 6th U.S. Circuit Court of Appeals ruled Thursday General Motors will not owe $450 million to the UAW for funding health care among Delphi retirees.
Like consumers making payments over several months for their purchases, Takata is asking automakers to pay its part of the airbag recall in installments.
If you’re a parts supplier to General Motors, you have two choices: bid for business as it comes up or open your books and factories to skip the bidding process.
According to Automotive News, the latter option is part of GM’s One Cost Model launched in 2013, allowing the automaker to analyse a supplier’s internal cost data to identify cost-cutting opportunities. In exchange, suppliers can receive exclusive parts contracts that can last the lifecycle of a model and GM will not put that particular piece of business up for bid.
This all requires a significant amount of trust from suppliers, a commodity which has been lacking at GM since the ’90s.
Tesla’s announcement Thursday of its purchase of Riviera Tool LLC sent shares of the supplier’s old penny stock soaring, but it may have been for nothing.
After going broke for so long, Lotus Cars CEO Jean-Marc Gales says his company will be back in the black by March 2017, when FY 2016 ends.
Per a new study by Continental AG, millennials love cars as much as they love iPhones, so long as their rides aren’t electrified.
As Volkswagen plans to expand in Chattanooga and Puebla, the Canadian government is loaning €400 million ($433.8 million USD) to the German automaker in exchange for possible future supplier business.
Suppliers are integral to new technology in the auto industry to an extent not true since the early years of the 20th century, when ventures such as Ford began as mere assemblers, not manufacturers. That will be highlighted on Monday at the 21st PACE “academy awards” for supplier innovation. (For those not in the know, Monday’s the opening night of the SAE [Society of Automotive Engineers] in Detroit.)
Hyundai is planning on building a factory in Mexico, but only after annual domestic sales in the country rise to appropriate levels.
What does a diesel shop in Michigan have in common with a Washingtonian florist and a Hoosier pizza hut? An owner who refuses to serve openly gay customers.
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