GST AutoLeather emerges from bankruptcy with new owner, leadership
Car seat leather supplier GST AutoLeather emerged from Chapter 11 bankruptcy under new private equity ownership and leadership.
Trump's 'big news' for U.S. auto workers is China cut in tariffs
President Donald Trump's tweet that “big news” is on the way for American auto workers refers to China's plans to slash tariffs on imported passenger cars, according to an aide.
Renault-Nissan invests in China, U.S., French startups
The Renault-Nissan-Mitsubishi alliance's new venture capital fund is backing autonomous driving, artificial intelligence and solid-state battery startups.
Germany's Grammer buying Toledo Molding & Die in $271 million deal
German auto supplier Grammer AG is more than doubling its presence in North America with the $271 million acquisition of Toledo Molding & Die Inc.
Martinrea opens tech center in Michigan, moves jobs from Toronto
Canadian auto supplier Martinrea launched its $26 million technical center in suburban Detroit last week. CEO Pat D'Eramo says one challenge is finding enough engineering talent for the facility.
BMW, Toyota, Ford at odds with S. Africa over production boost plan
BMW, Toyota and Ford are at odds with South Africa over its plans for them to more than double output and double their work forces in return for tax breaks.
Threat of cobalt supply crunch could hinder EV growth
A burgeoning risk of a supply crunch in cobalt -- a key battery metal that has more than tripled in price in two years -- poses one of the biggest threats to forecasts for rising electric vehicle adoption.
Hyundai succumbs to pressure, scraps $8.8 billion revamp
Hyundai Motor Group has shelved a restructuring plan that would have given the son of its aging chairman more control of the conglomerate.
$1 billion in payouts for supplier price-fixing
As the largest price-fixing case in U.S. history winds down, one thing is clear: Auto suppliers that conspired with competitors to rig their bids are paying a hefty price.
Suppliers team to cut camera costs
As safety agencies mandate more camera applications, the two giants bid for lower-cost solutions.
Mahle sharpens hot-rod focus
The German powertrain supplier Mahle is putting more emphasis on selling its parts in the United States aftermarket with a rebranding strategy and a new name: Mahle Performance.
Magna spending big on new technology
Magna will roll an extra $300 million into r&d over the next three years as it deepens its interest in electrification and autonomous technology.
How Alcantara is managing demand from U.S., China
Alcantara, the maker of the upmarket leather alternative material of the same name, plans to double the company's overall production capacity in Italy as demand from the U.S. and Chinese markets continues to drive sales.
Automakers to White House: Climate change is real
Automakers urged the White House to cooperate with California officials in a coming rewrite of light-vehicle fuel efficiency standards, saying "climate change is real."
Intel Mobileye car ignores red light in self-driving test
Mobileye, the Intel-owned maker of driver-assistance systems, has joined the race to create a fully driverless car with a fleet of prototype vehicles that navigate Jerusalem without the use of lasers or radars, which rivals have relied on heavily. But there have been speed bumps.
Fisker's comeback powered by new battery
Automotive design maven Henrik Fisker's new venture might be less about the automobile than the technology that will power it.
Supplier's quest for a better lug nut
Fastener and metal component supplier MacLean-Fogg overhauled its entire concept of invention, implementing new design-thinking processes to spur everyday innovation.