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Auto Components Auto Parts and Equipment

  • OIZUMI, Japan, June 21- Japan's nearly 200,000- strong Brazilian immigrant community live in pockets scattered across the middle of the country, clustered around auto parts factories or warehouses where they have jobs. Japan saw a big influx of Brazilian immigrants after it revised immigration laws in 1990 to encourage second- and third-generation...

  • SAN FRANCISCO, June 19- Canadian auto supplier Magna International Inc will produce BMW's new 5- series plug-in hybrid at its Austrian factory, the company said on Monday, part of a strategy to produce electric cars on a contract basis for global automakers. The BMW 530 plug-in hybrid will be manufactured beginning this summer at Magna's plant in Graz, Austria,...

  • *Tokyo bourse suspends trading in Takata shares. NEW YORK/ WASHINGTON, June 15- Takata Corp, the Japanese company facing billions in liabilities stemming from its defective air bag inflators, is preparing to file for bankruptcy as early as next week as it works toward a deal for financial backing from U.S. auto parts maker Key Safety Systems Inc, sources said on...

  • NEW YORK/ WASHINGTON, June 15- Takata Corp, the Japanese company facing billions in liabilities stemming from its defective air bag inflators, is preparing to file for bankruptcy as early as next week as it works toward a deal for financial backing from U.S. auto parts maker Key Safety Systems Inc, sources said on Thursday. The company plans to begin proceedings in...

  • NEW YORK/ WASHINGTON, June 15- Japanese air bag maker Takata Corp is preparing to file for bankruptcy as early as next week as it works toward a preliminary deal for financial backing from U.S. auto parts maker Key Safety Systems Inc, people familiar with the matter said on Thursday. Also at stake is $850 million owed by the Japanese airbag system maker to major...

  • NEW YORK, June 15- Japanese air bag maker Takata Corp is preparing to file for bankruptcy as early as next week as it works toward a preliminary deal for financial backing with U.S. auto parts maker Key Safety Systems Inc, people familiar with the matter said on Thursday. Takata, one of the world's biggest automotive suppliers, has been working on finalizing a deal...

  • TOKYO, June 5- Japan's Nikkei share average barely moved on Monday, capped by a stronger yen but retaining enough momentum to stay close to a 22- month high scaled the previous session. It reached an intraday peak of 20,239.81 on Friday, its highest since August 2015 during a bullish week for global equities which saw Wall Street shares reach record highs.

  • TAIPEI, June 2- Chipmakers switched focus at Taiwan's top tech fair this week with bets on new areas such as driverless cars, virtual reality and artificial intelligence, shifting away from smartphones where intense competition has pushed down components prices. The Computex Taipei event, now in its 36th year, has historically been a central venue for...

  • Overall market sentiment is sour after the sterling stumbled as a new poll found British Prime Minister Theresa May's Conservative Party risks falling short of an overall majority in next month's national election. The vote in Britain, political uncertainties in Italy and doubts over debt relief for Greece have enhanced the yen's safe haven appeal, putting...

  • BMW recalls 7-Series cars because doors can fly open

    BMW reportedly recalls over 45,000 cars because of door malfuction.

  • Trump may be doing serious damage to the United State's trade relationship with Germany

    Trump reportedly calls Germans ‘very bad,’ threatens to end German car sales. But analysts say the United States consumer would be the one hurt in the long run.

  • Elon Musk hates hydrogen, but automakers are still investing in it - and for good reason

    Automakers across the world are betting on hydrogen, but not without criticism.

  • FRANKFURT, May 26- German prosecutors investigating whether carmaker Daimler manipulated emission tests on its diesel cars are looking at whether auto components supplier Bosch was involved in the alleged fraud, it was confirmed on Friday. "There is an investigation into aiding and abetting fraud," a spokesman for the Stuttgart prosecutor said following a...

  • FRANKFURT, May 25- German prosecutors who searched Daimler's offices this week as part of a probe into diesel pollution are also investigating employees at automotive supplier Bosch, daily Handelsblatt reported, citing the prosecutor's office. "We are investigating Bosch employees for suspected aiding and abetting in connection with the Daimler case," the...

  • Hard to see where differences between Fiat and VW lie

    Anna-Marie Baisden, head of autos research at BMI Research, speaks about the U.S. government's suing of Fiat Chrysler over violating emissions tests.

  • Proton Holdings Saga vehicles move along the assembly line at the company's factory in Shah Alam, Selangor, Malaysia.

    Chinese automaker Geely will be taking a 49.9 percent stake in Malaysia's iconic, home-grown, but long-struggling carmaker Proton.

  • May 23- Wall Street ended higher on Tuesday after the release of President Donald Trump's budget plan but gains were tempered by declines in consumer discretionary stocks amid weakness in auto-parts companies. While Tuesday's economic data was weak, investors were relieved Trump's first full budget plan was largely as expected, even if it is not expected to...

  • Auto parts drag on retail sector

    CNBC's Phil LeBeau takes a look at the disappointing earnings from Autozone and other worries for auto parts retailers.

  • Tesla workers are passing out on the factory floor, according to a report

    Workers at Tesla in California are working so hard, they have been reportedly passing out on the factory floors.

  • Tesla factory workers in California are working so hard they're passing out on the production line, according to the Guardian newspaper.