Auto Components Auto Parts and Equipment

More

  • Suzuki recalls 68K motorcycles Friday, 29 Jan 2016 | 10:00 AM ET
    Suzuki recalls 68K motorcycles

    The auto company is recalling motorcycles due to a battery charging system issue.

  • STUTTGART, Jan 27- German auto supplier Robert Bosch said it had launched an internal probe to investigate whether any of its staff were involved in a scandal over the rigging of automotive emissions tests that has engulfed Volkswagen. Stuttgart- based Bosch, which released preliminary full-year earnings on Wednesday, makes an engine management programme...

  • BRUSSELS, Jan 27- European Union regulators fined Japan's Mitsubishi Electric and Hitachi Ltd 137.8 million euros on Wednesday for fixing prices of car parts. The European Commission said the cartel for alternators and starters operated between September 2004 and February 2010, when Mitsubishi Electric, Hitachi and Denso coordinated responses to tenders...

  • Ford recalls 391K pickup trucks Wednesday, 27 Jan 2016 | 6:00 AM ET
    Ford recalls 391K pickup trucks

    The recall covers trucks from the 2004 through 2006 model years in the U.S. and Canada.

  • *TrelleborgVibracoustic seen valued at about 2 bln euros. FRANKFURT, Jan 26- Swedish industrial rubber maker Trelleborg is in talks to sell its roughly 1 billion euro stake in TrelleborgVibracoustic to buyout group KKR as a possible alternative to a stock market listing for the car parts business, according to two sources. Trelleborg and German partner...

  • LG eyes smart cars Tuesday, 26 Jan 2016 | 6:00 AM ET
    LG eyes smart cars

    The South Korean electronics giant says it plans to develop new areas of business in the automobile space.

  • BRUSSELS, Jan 25- European Union antitrust regulators are set to punish Japanese auto parts makers for allegedly fixing prices of starter motors and accelerator modules, two people familiar with the matter said on Monday. The European Commission action will mark the first of several automobile-related cases scheduled for 2016 and is the latest in a series of...

  • TOKYO, Jan 22- Japanese stocks rebounded on Friday as crude oil prices bounced and comments by European Central Bank President Mario Draghi stoked hopes of more stimulus for Europe. "The market is reacting positively to the American Petroleum Institute figures reporting a 4 million barrel addition and not the 4.6 million barrel we'd expected," said Martin King,...

  • *Daimler to sell Mercedes-Benz, FUSO trucks in Iran. The areas of cooperation include a joint venture for local production of Mercedes-Benz trucks and powertrain components, plus the establishment of a sales company for Mercedes-Benz trucks and components. In addition to the plans for Mercedes-Benz trucks, Daimler Trucks also sees great opportunities for...

  • Jan 15- Federal-Mogul Holdings Corp said on Friday it will not go ahead with a previously announced separation of its motorparts division. The company said in September 2014 it would separate its two main businesses- motorparts and powertrain- into two publicly traded companies. The auto parts maker said on Friday the two independent segments will have...

  • Tesla caters to vegans Thursday, 14 Jan 2016 | 8:00 AM ET
    Tesla caters to vegans

    The luxury electric car maker now offers a synthetic leather option for the new model x sport utility vehicle.

  • Jan 13- Canada's Magna International Inc said it expected sales in its auto parts manufacturing business to rise about 15.7 percent this year, helped by acquisitions including that of German transmission parts maker Getrag. Magna said it expects sales in its parts production business to rise to $30.3 billion- $31.6 billion in 2016, from an estimated $26.3...

  • Magna forecasts production sales to rise 15.7 pct in 2016 Wednesday, 13 Jan 2016 | 7:16 AM ET

    Jan 13- Canada's Magna International Inc said it expects sales from its auto parts manufacturing business to rise about 15.7 percent this year. Magna said it expects total production sales from the business to rise to $30.3 billion- $31.6 billion in 2016 from its 2015 estimate of $26.3 billion- $27.2 billion. The company said it expects $1.8 billion- $2.0 billion...

  • Jan 8- New Jersey sued Advance Auto Parts Inc and Pep Boys- Manny, Moe& Jack, accusing the auto parts and services retailers of fraudulently overcharging customers in their stores, the state's acting attorney general said on Friday. New Jersey said that since April 2007, Advance Auto had violated a state "weights and measures" law intended to prevent overcharges at...

  • Jan 8- New Jersey sued Advance Auto Parts Inc and Pep Boys- Manny, Moe& Jack, accusing the auto parts and services retailers of fraudulently overcharging customers in their stores, the state's acting attorney general said on Friday. New Jersey said that since April 2007, Advance Auto had violated a state "weights and measures" law intended to prevent overcharges at...

  • LAS VEGAS, Jan 8- Germans love the latest wave of touch-free car controls, which respond to the flick of a wrist or the swipe of a hand, as it means no messy fingerprints on their spotless dashboards. A simplistic stereotype, but it captures the split among the world's drivers over the newest in-car tech on display at the Consumer Electronics Show in Las Vegas this...

  • Pep Boys: Icahn offer trumps Bridgestone deal Tuesday, 29 Dec 2015 | 2:52 AM ET
    A Pep Boys auto parts store in Encinitas, California.

    Pep Boys said activist investor Carl Icahn's latest buyout offer was superior to the deal it accepted from Bridgestone.

  • After-hours buzz: Pep Boys, Fitbit, Kohl's & more Monday, 28 Dec 2015 | 5:58 PM ET
    Traders work on the floor of the New York Stock Exchange on Dec. 28, 2015.

    Check out the companies making headlines after the bell Monday: Pep Boys, Fitbit, Kohl's & more

  • NAGOYA, Dec 25- Denso Corp forecast that revenue for its safety and automated driving systems will rise by 60 percent by 2020 as the auto parts supplier plans to focus more on driver-assist functions, increasingly becoming a common feature on cars. "We're not expecting self-driving functions to be a big area for revenue growth in 2020," Denso executive vice...

  • Dec 22- U.S.-based LKQ Corp said it would buy Italy's Rhiag-Inter Auto Parts Italia SpA, owned by private equity firm Apax Partners LLP, to expand in the European auto spare parts market. The deal, valued at 1.04 billion euros on an enterprise basis, will give LKQ access to Italy, Czech Republic, Switzerland, Hungary, Romania, Ukraine, Bulgaria, Slovakia, Poland and...