Auto Components Auto Parts and Equipment

  • Ford recalls 650K cars over seat belt issue

    The automaker warns seat belts in certain models may not function properly in the event of a crash.

  • Japan put these auto-braking cars to the test

    In an effort to get automatic braking as a standard feature in new cars one day, Japan tests out which models it currently works in the best.

  • DETROIT— Auto seating supplier Adient has announced that it is moving its global headquarters and 500 executive and leadership jobs to Detroit. About 100 of the jobs planned for Detroit will be newly created. Adient's decision continues a string of positive development news for Detroit.

  • Toyota recalls 744K Sienna minivans in US

    The car manufacturer warns the sliding door could open while driving in model year 2011 to 2016 Toyota Sienna vehicles.

  • A new report finds the average age of a vehicle in the US has reached an all-time high of almost 12 years.

  • GUANGZHOU/ WUZHEN, China, Nov 18- German automaker BMW and Chinese internet giant Baidu will end their joint research on self-driving cars, executives for the two firms said on Friday, with Baidu now searching for new global research partners. The two companies decided to end the cooperation, which involved testing in the United States and China, because they held...

  • PARIS, Nov 18- French car parts maker Plastic Omnium has received a binding offer from German group Mutares for its heavy duty truck business, the companies said on Friday. The business, which entails designing and manufacturing the body and structural parts for the heavy duty truck industry, employs more than 1,500 people and had 2015 sales of 190 million euros.

  • Amid fears a Trump administration will tear up the North American Free Trade Agreement, the Canadian Manufacturers and Exporters group is lobbying Canada's Liberal government to prioritize the U.S.- Canada trade relationship, saying a bilateral side deal with Mexico could be worked out separately. "Mexico is still an important market for Canadian...

  • NEW YORK, Nov 16- Shares of auto parts maker Federal-Mogul Holdings Corp slid 5 percent on Wednesday, after Carl Icahn told Reuters that Icahn Enterprise LP is considering pulling its $9.25 per share offer for the company. Icahn Enterprises said in September it would buy the remaining 18 percent of Federal-Mogul that it did not already own for $9.25 per share, or...

  • SHANGHAI, Nov 16- Privately owned Hartree Capital is setting up a commodities trading joint venture in China with Wanxiang Resources, owned by the world's largest auto parts maker, as it pushes to expand into the country's mammoth markets for industrial materials, a person familiar with the matter said. Tie-ups between domestic companies and foreign...

  • MEXICO CITY, Nov 15- An executive at Mexican auto parts maker Rassini said on Tuesday he saw little chance the United States would scuttle the North American Free Trade Agreement, despite promises by President-Elect Donald Trump to pull out of it. "Although President-Elect Trump has commented that he may end NAFTA, we believe this is highly unlikely," Eugenio...

  • Trump says the North American Free Trade Agreement favors Mexico at the expense of U.S. workers and has vowed to either rewrite or withdraw from the deal, as well as build a giant border wall and possibly slap steep tariffs on imports. Since the treaty took effect in 1994, Mexican exports to the United States have jumped six-fold to some $320 billion a year,...

  • Nov 9- The election of Republican Donald Trump as U.S. president put new pressure on automakers and other manufacturers that depend on open trade with Mexico. Shares fell for U.S. automakers and suppliers, which rely heavily on production in Mexico to feed their U.S. manufacturing and sales operations. Shares of big automotive parts makers that have shifted...

  • Nov 9- The election of Republican Donald Trump as U.S. president put new pressure on automakers and other manufacturers that have come to depend on open trade with Mexico, and lifted shares of companies that could gain if the new administration boosts infrastructure spending and eases curbs on coal. However, shares of U.S. automakers, which rely heavily on parts...

  • Nov 9- The election of Republican Donald Trump as U.S. president puts new pressure on automakers and other manufacturers that have come to depend on open trade with Mexico and now face the risk of higher costs. However, shares of U.S. automakers, which rely heavily on parts and vehicles made in Mexico to feed their U.S. manufacturing and sales operations, fell on...

  • Nov 9- The election of Republican Donald Trump as U.S. president puts new pressure on automakers and other manufacturers that have come to depend on open trade with Mexico and now face the risk of higher costs. Automakers could also take a hit if instability in financial markets undercuts consumer confidence in the United States and other major markets at a time...

  • Nov 9- The election of Donald Trump as U.S. president puts new pressure on automakers and other manufacturers that have become dependent on open trade with Mexico, and raises the risk they will face higher costs. Shares in Japanese automakers, which also rely on Mexico as a production hub for the U.S. market, slid as well, underperforming the benchmark Nikkei index,...

  • Nov 9- The election of Donald Trump as U.S. president puts new pressure on automakers and other manufacturers that have become dependent on open trade with Mexico, and raises the risk they will face higher costs. Shares in Japanese automakers, which also rely on Mexico as a production hub for the U.S. market, slid as well, underperforming the benchmark Nikkei index,...

  • WASHINGTON, Nov 8- Japanese auto parts maker Usui Kokusai Sangyo Kaisha Ltd will plead guilty and pay a $7.2 million fine for fixing the prices of steel tubes sold to car makers, the U.S. Justice Department said on Tuesday. Usui worked with other manufacturers to set prices and allocate customers for their steel tubes, which are used in fuel distribution, braking...

  • MONTREAL, Nov 7- Concessions by Canada's main auto union in their latest contract talks should help halt a years-long erosion in Canada's share of North American auto production, but the longer-term fate of some plants is still uncertain, industry watchers said on Monday. Canada's auto sector has been under long-term pressure as major automakers shifted...