growth initiatives," Bauer said in his statement. Gentex, of Zeeland, Mich., is one of the first publicly traded suppliers to report quarterly earnings. It often acts as analysts' predictor for the supply chain's financial trends.
electronics, safety systems or engines and transmission technologies, the people said. The company ranks No. 13 on the Automotive News list of the top 100 global suppliers with worldwide sales to automakers of $15.5 billion in 2013.
Federal-Mogul Holdings Corp. reported a third-quarter net loss today because of restructuring and office relocation costs. The suburban Detroit supplier reported a loss of $18 million on revenue of $1.87 billion in its third quarter, which ended Sept. 30, compared with net income of $38 million on
Angelo said. "Have they ever eliminated suppliers ? Yes. But it's really, really tough ..... andnbsp; Toyota has publicly backed its suppliers before in the midst of a recall crisis ..... problems with its vehicles along with suppliers rather than cutting ties, parts makers
plant in Plymouth Township, Mich., also housed some former ACH radiator business that Ford was able to place with other suppliers some time ago, leaving only the HVAC business that was moving to Detroit Thermal Systems, said Janet O'Brien, manager
the decision on H.B. 5606, Tesla and CEO Elon Musk turned to social media to rally support. In addition, several Tesla suppliers in Michigan sent letters to Snyder urging him not to sign the bill. The electric-vehicle manufacturer contested a last
WASHINGTON -- Auto safety regulators, for the second time late Tuesday, expanded their warning to owners of vehicles recalled for defective Takata airbags, urging them to get the airbags replaced. But the federal website created to help consumers to verify whether their vehicle has been recalled ...
switch tip 29. Tell us flying is turning tourism largest suppliers for support. This as it tries to defeat a bill that would ..... sister publication cranes to trade business reports several suppliers have sent letters to Snyder asking him not to sign the bill
Tesla has reached out to its largest suppliers there to rally against House Bill 5606 ..... from direct sales in Michigan. Several suppliers have sent letters to Gov. Snyder asking ..... Model S sedan. It's one of 56 Tesla suppliers in Michigan. In 2014, Tesla will procure
declined to comment. Fourth is inviting key suppliers to how benchmark competitors vehicles ..... The idea is to get early input from suppliers so that Ford can design components that ..... models for tear downs. Ford and its suppliers for example tore down the heating and
consolidation into a handful of global suppliers . "The segment still needs restructuring ..... in motion." In truth, other major suppliers had made moves before Johnson Controls ..... the lowest possible price, marginal suppliers will offer lowball bids, Bolzenius says
North America car and truck production in September rose 7 percent from the year-earlier month, to 1,524,207 vehicles. It marked a record 38th month in a row for production to top 1 million vehicles. Car production fell 1 percent in the United States and Canada, while jumping 20 percent in Mexico.
fewer vendors on its "watch" list of suppliers that are struggling to meet production ..... tremendously better. How does Ford monitor suppliers to make sure they can meet its production ..... Toyota says it has about 50 North American suppliers on its watch list because they're running
DETROIT -- Ford Motor Co. is inviting key suppliers to help benchmark other companies' vehicles ..... The idea is to get early input from suppliers so that Ford can design components that ..... process. Which is why Thai-Tang wants suppliers to participate. Now that the Fiesta
shipped to an automaker. Takata subsequently tightened inspections, records show. Under NHTSA rules, Takata and other suppliers are under no obligation to report quality control issues like those detailed at the Monclova plant. NHTSA relies on automakers
those roadblocks." Jeep Wrangler production relies on 1,700 workers at the Chrysler Assembly plant and 800 employees at suppliers within 5 miles of the factory, the statement said. The plant, which has been manufacturing Jeeps since the 1940s, has
Pacific president at the U.S. supplier Lear Corp. Overseas suppliers now see an opportunity to sell more advanced technologies ..... vehicles and spare parts. They also fined several Japanese suppliers for bid rigging. Foreign executives at the conference said
DETROIT (Reuters) -- A fatal accident near Los Angeles last year of a 2002 Acura sedan involved a Takata Corp. airbag -- the third death in the United States linked to a defective safety component made by the Japanese supplier, according to local officials and the automaker. Devin Xu, 47, died in
next year, pending U.S. regulatory approval. Federal-Mogul ranks No. 50 on the Automotive News list of top 100 global suppliers , with an estimated $4.2 billion in worldwide sales to automakers in 2013. Soave could not be reached for comment today
spokesperson for Showa could not be reached for comment. Showa ranks No. 64 on the Automotive News list of the top 100 global auto suppliers , with an estimated $3.17 billion in sales to automakers during its 2013 fiscal year. About 23 percent of Showa's total