RECENT NEWS
Forbes  Jun 21  Comment 
A poorly time acquisition wiped out the Schaeffler family wealth, and nearly killed the company. But a clever CEO found a way to dig the auto supplier out of debt and now it's well positioned to provide critical systems for safer, cleaner,...
TheStreet.com  Jun 21  Comment 
Carl Icahn has raised his bid for the 19 million shares of auto parts maker Federal-Mogul that his investment firm doesn't already own, but he still seems to want to get the outstanding 18% of the shares at a discount. Icahn's Icahn...
The Hindu Business Line  Jun 17  Comment 
Eyes double digit growth this year
Reuters  Jun 15  Comment 
Two Japanese automotive parts companies, their U.S. subsidiaries, and five executives were charged on Wednesday with participating in a scheme to eliminate competition...
Insurance Journal  Jun 14  Comment 
When John Couch is certain a storm will hit Hatteras Island, he goes into action, moving merchandise in his auto parts store from bottom shelves to top ones and hauling away the most valuable items. But at 64 years old, …
Insurance Journal  May 25  Comment 
Liberty International Underwriters, part of Liberty Mutual Insurance, has launched an Automotive Components Product Recall Policy designed to cover first and third party recall expenses. The policy coverage encompasses critical, noncritical and...
Reuters  May 23  Comment 
Nissan Motor Co is considering selling its 41 percent stake in auto parts supplier Calsonic Kansei Corp to raise cash for research and development in electric cars and artificial...
The Economic Times  May 18  Comment 
Headwinds for export-oriented auto ancillaries like Bharat Forge and Motherson Sumi refuse to abate due to falling vehicle demand in developed countries.




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