RECENT NEWS
Clusterstock  Aug 25  Comment 
FRANKFURT/SHANGHAI (Reuters) - Three German car parts suppliers have been told by China they can no longer manage their Chinese units independently but need to form partnerships with local peers, the chief executive of auto parts maker Elring...
Japan Today  Aug 24  Comment 
When a Japanese carmaker issued a tender for shock absorbers a few years ago for a model it planned to sell in Indonesia, two suppliers came back with bids that were "so obviously coordinated," said an executive at the automaker. One supplier...
Reuters  Aug 22  Comment 
American Securities LLC-backed auto parts maker Metaldyne Performance Group Inc filed with U.S. regulators for an initial public offering of its common shares.
Reuters  Aug 21  Comment 
Toyota Motor Corp said on Thursday that it would cut prices of auto parts for its luxury Lexus models in China, following similar moves by its German rivals, in response to heightened regulatory scrutiny over anti-trust issues.
Benzinga  Aug 20  Comment 
The international auto parts industry has reached a crossroads, and must now prepare for an uncertain future. The Michigan Business News website MiBiz.com reports that, by 2030, international automotive production will – for the first time...
New York Times  Aug 20  Comment 
A regulator fined 10 of 12 companies a total of $200 million, a record for China. The penalties coincided with deteriorating relations between Tokyo and Beijing.
Automotive World  Aug 20  Comment 
Hitachi Automotive Systems, Ltd. today announced that it has been notified by the National Development and Reform Commission of the People’s Republic of China that its selling of some automotive parts has been in violation of China’s...
Clusterstock  Aug 19  Comment 
TOKYO (Reuters) - Two Japanese automotive bearings makers said on Tuesday a Chinese regulator has ordered them to pay fines for violating antitrust laws as Beijing intensifies its scrutiny of business practices in the auto sector. Earlier this...
Reuters  Aug 18  Comment 
Weak demand for alternative fuel vehicles and increasing competition in Europe are hurting Fuel Systems Solutions Inc at a time when its peers are riding a recovery in the U.S. auto industry.
New York Times  Aug 15  Comment 
Industrial production rose 0.4 percent as production of auto parts and motor vehicles jumped 10.1 percent, according to the Federal Reserve.




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