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Auto Components Auto Parts and Equipment

  • HONG KONG, May 8- Plans to boost infrastructure spending in China and the United States are bolstering market sentiment towards zinc, used to churn out everything from pipes to auto parts, the head of Hong Kong- based metals supplier Lee Kee Group said on Monday. "We see that the economy in the U.S. and in China is slowly picking up," said Clara Chan, CEO of the biggest...

  • DETROIT, May 3- Automotive supplier Delphi Automotive Plc on Wednesday said it plans to spin off operations tied to internal combustion engines and focus on technology for electrically powered and self-driving vehicles, boosting its share price and highlighting the challenges for legacy auto industry players. Vehicles driven by humans and powered with...

  • DETROIT, May 3- Automotive supplier Delphi Automotive Plc on Wednesday said it plans to spin off operations tied to internal combustion engines and focus on technology for electrically powered and self-driving vehicles, boosting its share price and highlighting the challenges for legacy auto industry players. Vehicles driven by humans and powered with...

  • DETROIT, May 3- Automotive supplier Delphi Automotive Plc on Wednesday said it plans to spin off its powertrain unit in order to focus on developing technology for electrically powered and self-driving vehicles at a time where more companies and investors see the future of the auto industry evolving. In a conference call with reporters, Delphi Chief...

  • DETROIT, May 3- Automotive supplier Delphi Automotive Plc on Wednesday said that it would spin off its powertrain unit in order to focus on developing technology for autonomous driving systems, vehicle connectivity and electrically powered vehicles, sending its stock up about 11 percent in early trade. Delphi shares rose to $86.85 on the New York Stock...

  • DETROIT, May 3- Automotive supplier Delphi Automotive Plc on Wednesday said that it would to spin off its powertrain unit in order to focus on developing technology for autonomous driving systems and electrically powered vehicles. The automotive supplier said Liam Butterworth, currently senior vice president and president of the powertrain unit, will...

  • SEOUL, May 2- Samsung Electronics Co Ltd has got permission from South Korean authorities to domestically test a driverless vehicle fitted with its electronic parts and software, as the tech giant aims to muscle into the automotive industry in search of a new growth driver. The land ministry, in a statement issued on Monday, said the car is a modified version of a...

  • TOKYO, April 27- Trading in Takata Corp shares was suspended on Thursday after a report that the Japanese airbag maker at the heart of the car industry's biggest-ever recall is considering a bankruptcy plan that will create a new company and ringfence its liabilities. The Nikkei business daily reported Chinese-owned car parts maker Key Safety Systems, the...

  • TOKYO, April 27- Trading in Takata Corp shares was suspended on Thursday after a report that the Japanese airbag maker at the heart of the car industry's biggest-ever recall is considering a bankruptcy plan that will create a new company and ringfence its liabilities. The Nikkei business daily reported Chinese-owned car parts maker Key Safety Systems, the...

  • TOKYO, April 27- Trading in shares of Japan's Takata Corp was suspended on Thursday after a newspaper report that the embattled auto parts maker was considering filing for bankruptcy protection, selling all operations to a newly created company. The Nikkei business daily said the plan would call for U.S.-based Key Safety Systems, a unit of China's Ningbo...

  • TOKYO, April 27- Trading in shares of Japan's Takata Corp was suspended on Thursday after a newspaper report that the embattled auto parts maker was considering filing for bankruptcy protection, selling all operations to a newly created company. The Nikkei business daily said the plan would call for U.S.-based Key Safety Systems, a unit of China's Ningbo...

  • *To invest 300 mln euros more in electric drives by 2021. BERLIN/ FRANKFURT, April 25- Car components maker Continental AG is set to invest an extra 300 million euros in electric drives by 2021 but also remains committed to its combustion-based powertrain business, the company said on Tuesday. By raising spending on development of new products such as charging...

  • The 2017 Honda Civic Type R just broke the record at Nürburgring as the world's fastest FWD car

    Honda Civic Type R claims the title of world’s fastest production front-wheel-drive (FWD) production car, with the best lap time ever at Germany’s legendary Nürburgring.

  • DETROIT, April 24- U.S. auto parts maker Flex-N-Gate will build a plant in Detroit in what local officials described on Monday as the first new investment by an automotive supplier in decades for Motor City, the cradle and former beating heart of the car industry. "This is the largest automotive supplier investment in Detroit in more than 20 years," Mayor Mike Duggan...

  • Tesla is planning on doubling its Supercharger network

    Tesla has revealed it's planning to double the amount of Supercharger stations in 2017.

  • Tesla is adopting a risky assembly line strategy for the Model 3

    Tesla is making a big bet on the Model 3, issuing aggressive production deadlines and volume goals.

  • April 18- Baidu Inc said on Tuesday it would launch its self-driving car technology for restricted environment in July before gradually introducing fully autonomous driving capabilities on highways and open city roads by 2020.. Two months after the appointment, Baidu's chief scientist Andrew Ng, who led AI and augmented reality projects, said he would step...

  • Domestic SUV makers shine at Shanghai Auto Show

    Mainland buyers have long preferred foreign SUVs but local brands Great Wall, Geely and Guangzhou Auto are currently dominating the market, says Michael Dunne of Dunne Automotive.

  • TOKYO, April 14- Potential rescuers of Japan's Takata Corp have extended talks, already in their 14th month, for a deal to take over the air bag maker at the heart of the auto industry's biggest safety recall, people briefed on the process said. Car-parts maker Key Safety Systems Inc and Bain Capital LLC are the preferred bidder for Takata, whose faulty air bags have...

  • MEXICO CITY, April 12- The election of Donald Trump as U.S. president last year raised the specter of economic recession in Mexico, sent the country's peso into a tailspin, and threatened local industry such as car making. Fears that Trump could tear up the NAFTA trade treaty have subsided, and so far the hit to foreign investment has been slight, said Gilberto...