Auto Components Auto Parts and Equipment

  • *CEO says single-source deals to be examined. *Supplier dispute halted production at six plants. HAMBURG, Aug 30- Volkswagen Chief Executive Matthias Mueller has vowed to review the German car giant's procurement strategy to avoid any repetition of the crippling supplier dispute that hit production at six plants this month.

  • MUNCIE, Indiana, Aug 30- One night a month, retired auto workers shuffle into a former elementary school classroom here to discuss their legal fight against the company that cancelled their health care benefits seven years ago. The group is a remnant of a once-powerful United Auto Workers union local, which at its peak in the 1960 s represented over 5,000 workers...

  • *VW CEO says Prevent Group had not signed up to code. VW suppliers Car Trim and ES Automobilguss, both part of Prevent Group, triggered the disruptions by halting deliveries of seat covers and cast iron parts for gearboxes, exposing how dependent VW has become on some of its suppliers. "One could discuss at length who is to blame for the fact that this situation went...

  • Aug 29- A truck transporting Takata Corp air bag propellant material at the center of a global recall crashed and exploded in Texas last week, killing one woman and injuring four other people, the auto parts supplier said on Monday. Takata said the truck, operated by a subcontractor, was traveling from a Takata plant in Moses Lake, Washington, to a Takata warehouse in...

  • Aug 29- A truck that was transporting Takata Corp air bag inflators and propellant material at the center of a global recall exploded in Texas last week, killing one woman and injuring four other people, the auto parts supplier said on Monday. Takata said a truck, operated by a subcontractor, was traveling to a Takata warehouse in Eagle Pass, Texas, early on Aug. 22 when...

  • Aug 29- A truck that was transporting Takata Corp air bag inflators and propellants at the center of a global recall exploded in Texas last week, killing one woman and injuring four other people, the auto parts supplier said on Monday. Texas state officials did not immediately return calls for comment early on Monday. Takata has a warehouse in Eagle Pass, which is...

  • TOKYO, Aug 29- A truck transporting Takata Corp air bag inflators and propellants that are at the center of a global recall exploded in Texas earlier this month, resulting in one death and four injuries, the embattled auto parts supplier said on Monday. The truck operated by a subcontractor was traveling to a Takata plant in Eagle Pass, Texas, on Aug. 22 when the...

  • TOKYO, Aug 26- Takata Corp has shortlisted six or seven companies, including a competitor and private-equity funds, as potential financial investors to bail out the Japanese car-parts maker, people involved in the process said. Japanese chemical maker Daicel Corp, China's Ningbo Joyson Electronic Corp- the parent of Michigan- based air-bag maker Key Safety...

  • TOKYO, Aug 26- Takata Corp has shortlisted six or seven companies, including a competitor and private-equity funds, as potential financial investors to bail out the Japanese car-parts maker, people involved in the process said. Japanese chemical maker Daicel Corp, China's Ningbo Joyson Electronic Corp- the parent of Michigan- based air-bag maker Key Safety...

  • Amazon Vehicles will help users research cars

    The new platform will be an extension of Amazon's Automotive store.

  • Aug 24- Ford Motor Co said on Wednesday it was recalling about 91,000 vehicles worldwide to replace faulty fuel-pump parts that could potentially cause a car to stall without warning. Ford said it would replace fuel-pump control modules in about 88,151 vehicles, including certain of its 2013-15 model year Ford Taurus sedans, Ford Flex crossover utility...

  • HAMBURG/ BERLIN, Aug 24- Volkswagen said on Wednesday production of cars at its German plants should be back to normal by next Monday after it resolved a dispute with parts suppliers over contract terms. VW and the two suppliers on Tuesday resolved the dispute affecting 28,000 workers at six of VW's 10 German factories, a day after Europe's largest automaker...

  • Aug 24- Ford Motor Co said on Wednesday it was recalling about 91,000 vehicles in North America to replace faulty fuel-pump parts that could potentially cause a car to stall without warning. Ford said it would replace fuel-pump control modules in about 88,151 vehicles, including certain of its 2013-15 model year Ford Taurus sedans, Ford Flex crossover utility...

  • Mobileye shares soar

    Shares of Mobileye soar are up about 6.5 percent, Seema Mody reports.

  • Mobileye's U.S.-listed shares were up 8.3 percent at $50.42 in mid-day trading, while Delphi's shares rose 3.2 percent to $67.15. The U.S. National Highway Traffic Safety Administration did not respond immediately to a request for comment. Ride services giant Uber Technologies Inc last week said it had acquired self-driving truck startup Otto and planned...

  • Mobileye, a key supplier of vision-based sensing systems, and Delphi, a provider of automotive safety systems, said they plan to begin testing a jointly developed turn-key system for self-driving cars early next year. The Mobileye/ Delphi alliance is the latest in a series of partnerships aimed at speeding deployment of automated driving systems.

  • Cramer's Stop Trading: Johnson Controls

    CNBC's Jim Cramer explains why he is watching Johnson Controls.

  • Aug 23- Auto supplier Robert Bosch GmbH said claims it was a knowing participant in Volkswagen's decade-long scheme to evade U.S. anti-pollution laws were "wild and unfounded." In a filing in U.S. District Court in San Francisco late on Monday, Bosch responded to attorneys who are suing Volkswagen AG on behalf of U.S. owners of the polluting VW diesel vehicles, who...

  • *All-night talks between VW, suppliers near resolution- source. *Six plants, 28,000 workers affected by supplier row. BERLIN, Aug 23- Volkswagen and two of its car parts suppliers appeared to be edging towards a resolution of a contract dispute that has hit output at more than half of its German plants.

  • NEW YORK, Aug. 18- Until a month ago, Andrew Lampert was moving up the career ladder in New York City as a pricing manager at an auto parts company. Now, national parks are what Lampert, 28, and his girlfriend Elise Murphy, 24, call home. "The high cost of New York City can make it seem impossible to get by without an income and money on top," Lampert said.