RECENT NEWS
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.
TheStreet.com  Aug 14  Comment 
NEW YORK (TheStreet) -- Shares of Advanced Auto Parts Inc. are higher by 4.12% to $127.99 after the company reported an increase in net income for the 2014 second quarter to $139.49 million, or 1.89 per share, compared to $116.87 million, or 1.59...
Reuters  Aug 8  Comment 
Auto parts supplier Delphi Automotive Plc said it would "vigorously contest" pressure by U.S. tax authorities to file taxes in the United States as a domestic company, when its tax base is in the UK.




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