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.
How not to run purchasing
COMMENTARY: Keith Crain
Automaker-supplier relations have dipped, according to the latest North American Automotive OEM-Supplier Working Relations Index. But why?
Just in time isn't foolproof
It does not seem that long ago that the world marveled at the Japanese system known as just-in-time manufacturing. As more troubles have occurred in supplier plants, its clear that the process isn't without problems.
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.
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.
Adient's future headquarters in Detroit damaged in fire
About 50 firefighters responded to a fire early Friday morning at the Marquette Building in downtown Detroit, which is undergoing a $50 million renovation to become the new headquarters for Adient Ltd.
Lucerne International founder Gary Perina dies at 73
Gary Perina, founder of longtime Michigan automotive parts supplier Lucerne International, died Tuesday. He was 73.
Magna, Renesas team to make 3D cameras for entry-level vehicles
Canadian global supplier Magna is partnering with Japan's Renesas to develop a more cost-efficient 3D surround-view system designed for entry- and mid-range vehicles.
Mobileye gets self-driving tech deal for 8 million cars
Mobileye has signed a contract to supply self-driving technologies to 8 million cars at a European automaker starting in 2021, a company official told Reuters.
King's nomination hearing for NHTSA chief hits on lethal airbags
Takata airbags and autonomous vehicles were the focus of a Senate committee's examination of Heidi King, President Donald Trump's nominee to be NHTSA's next administrator.
Hyundai overhaul plan gets more opposition
Two influential proxy advisers joined Elliott Management in opposing a nearly $9 billion deal between two Hyundai Motor Group units.
Faurecia lays out plans for steady sales growth based on tech
French car parts group Faurecia outlined plans to increase its sales via growth in areas such as autonomous driving and other growing automotive trends.