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Does Obama as President mean profits for the US Automotive Industry?

November 30, 2008

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BMW purchasing chief: Cost cuts are on track

November 30, 2008

In his first year as BMW’s head of purchasing, Herbert Diess asked suppliers to improve their performance. Yet, as the year closed, he said BMW’s relationship with suppliers is on solid ground.

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Ford leads in top safety picks

November 30, 2008

Ford Motor Co. leads all automakers with 16 “top safety picks” among 2009 cars and trucks, according to a study released Tuesday, Nov. 25.

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Michelin, Chinese company join forces on electric powertrains

November 30, 2008

French tire maker Michelin Group and a Chinese company have agreed to jointly develop electric powertrains. If successful, the effort could vastly expand Michelin’s role as an automotive supplier.

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Hella, Mando join for active safety

November 30, 2008

German supplier Hella KGaA Hueck and#38; Co. and Korean supplier Mando Corp. have formed a joint venture to develop active safety systems mainly for Korean automakers. Each is investing more than $65 million in the equally owned venture.

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SAIC vehicle uses Eaton blower

November 30, 2008

An electrically driven supercharger produced by Eaton Corp. will be used in a fuel cell vehicle made by Shanghai Automotive Industries Corp. for the 2010 Shanghai World Expo.

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Suppliers brace for tough 2009, prepare for upturn

November 30, 2008

Automakers are temporarily halting production. More shutdowns may be announced soon. And car companies’ volume projections for 2009 are anybody’s guess. But suppliers say they aren’t panicking.

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U.S. suppliers lose luster among Chinese buyers

November 30, 2008

As the crisis in the U.S. auto industry deepens, the assets of many American suppliers have for-sale signs out front. But Chinese suppliers are less interested than they once were in making acquisitions in the United States.

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U.S. yarn maker opens China plant

November 30, 2008

Seeking a larger foothold in Asia, fiber manufacturer Invista, of Wichita, Kan., has begun producing nylon yarn for airbags at a plant in China.

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Without Getrag deal, Chrysler will refine its 6-speed

November 30, 2008

Chrysler LLC will make do with its front-drive automatic transmission now that its deal with Getrag Corporate Group has collapsed.

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