Johnson Controls puts in $1.25 bn bid for Visteon businesses
It wants to buy Visteon's electronics and interiors business to add to its own, and the big prize is extra penetration of the Chinese market
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US Treasury unveils package for
suppliers too
There's a pot of around $5 billion to guarantee payments for auto
suppliers who send their stuff into automakers which can't then pay
– and some soft loans are in the package too
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GM takes on Delphi's steering business,
subject to US federal approval
It may not be exactly what General Motors needs right now, but safeguarding
supplies seems to be behind decision to take the business in house
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Delphi set to pull out of exhausts
business
It's looking for a buyer to take the business on and is winding down
its joint venture with Bosal
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Visteon and 3M collaborate on flexible interiors
Switches that appear only when you want them and other flexible options are part of a project between the component company and the materials firm
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Chrysler purchasing chief explains
25 per cent cost cut remark
John Campi tells Chrysler blog he was misquoted and wants to take
25 per cent cost out of supply chain and share savings with suppliers
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Delphi takes legal action over investor
fund
Troubled components group is taking Appaloosa Management and its partners
to court over the rescue deal that foundered
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Investor group walks away from Delphi
deal
Appaloosa Management says the terms Delphi is offering GM are too
favourable and it cuts its finance deal that could have led the parts
maker out of Chapter 11
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Ford integrates its purchasing with
global product groups
Product development and purchasing are brought into alignment in Ford's
next phase of corporate restructuring
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Lord seeks applications for magneto-rheological fluids
Active engine mounts will reach the market within two years, and Europe is likely to be first with them
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Bosch and Mahle combine on exhaust turbochargers
The pair set up a joint venture to manufacture and market exhaust turbos
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Kongsberg purchase moves it into
bigger league
The Norwegian group is buying Global Motion Systems, which will quadruple
its business in gear shift controls and other systems for the automotive
sector
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Renault reorganises its supply chain
It's setting up a new logistics and supply chain department to take
account of its increasingly globalised operations
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Weathering
the storm
Earthquake, tornado, fire, brimstone: carmakers face the elements
in their plants as well as their vehicles. How do they cope? [in
PDF]
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Chrysler
removes cars from Magna Steyr subcontract
After the split from Daimler, Chrysler is taking the Voyager MPV
and 300C models back in house to its Canadian plant
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Mahle joins the charge for turbochargers
German-owned components and powertrain group is heading into turbochargers
with first units for 2010
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Delphi settles GM issues and presents new
reorganisation plan
CEO says this is a milestone on the road to recovery for troubled
components group
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Visteon sells Indian starters and alternators
business
The unit is heading for a private equity group as part of the supplier's
restructuring
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Siemens sells its VDO business to Continental
In a €11.4 billion deal, the German electrical giant moves out
of automotive components
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Delphi agrees new funding with investors
Private equity groups come up with $2.55 billion that sees the troubled
components group on to the next phase of restructuring
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New Mini gets front end module from HBPO
Assembly of the new model is made simpler with HBPO's front end module,
supplied in sequence to the Cowley plant from its new facility in
Banbury
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Delphi files for Chapter 11
Delphi has filed for Chapter 11 but in so doing has put at risk
the survival of its former parent, General Motors.
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DURA opens facility in Romania
DURA Automotive Systems has announced plans to open a manufacturing
plant in Timisoara, Romania. The facility will produce a broad range
of automotive components for carmakers in Central and Eastern Europe.
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Delphi technology for Chrysler
Chrysler is to feature Delphi's OEM satellite digital audio receivers
in 11 vehicle models during the 2005 model year.
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Comesys goes European
Korean electronics company Comesys confirmed it has begun
distribution of its unique non-contact electronic accelerator
pedal assemblies and control devices to the European market.
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Stop and start is all go
for Valeo and PSA
Valeo has confirmed it is the driving force behind PSA’s
strategic plan to be the first carmaker in Europe to offer
consumers technology that automatically shuts down engines
in a bid to save on fuel consumption and cut airborne pollution.
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Shortening time-to-market
MatrixOne, a leading provider of collaborative product lifecycle
management solutions for the value chain, has announced that
Porsche will implement Matrix10 to manage the development
of its products throughout the entire product lifecycle.
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