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Auto Components Auto Parts and Equipment

  • 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...

  • MILAN, April 12- European shares inched up on Wednesday, steadying around 16 month highs, helped by gains in Syngenta and a rally in defence stocks on investor concerns about lingering geopolitical risks. The pan-European STOXX 600 index rose 0.2 percent but trading was choppy just a few days ahead a holiday break, while Germany's DAX added 0.1 percent and...

  • MILAN, April 12- European shares inched up on Wednesday, steadying around 16 month highs, helped by gains in Syngenta and a rally in defense stocks on investor concerns about lingering geopolitical risks. The pan-European STOXX 600 index rose 0.2 percent but trading was choppy just a few days ahead a holiday break, while Germany's DAX added 0.1 percent and...

  • LONDON, April 12- European shares rose on Wednesday, driven by gains in financial stocks and carmakers, as the first-quarter earnings season kicked off and a rise in the oil price underpinned energy stocks. The pan-European STOXX 600 index was up 0.6 percent by 0900 GMT, having hit a fresh 16- month high earlier. Britain's mid-caps hit a fresh record high at...

  • *Workers, suppliers relying on carmaker Hyundai feel pinch. BEIJING/ SHANGHAI, April 11- South Korean companies in China have been clobbered by Beijing's angry response to Seoul's decision to deploy a U.S. anti-missile system, but the boycotts and regulatory pressure on firms like Hyundai and Lotte are rebounding on their Chinese workers and suppliers.

  • Toyota is putting big money into one of its biggest US factories

    Toyota is investing $1.3 billion to revamp its factory in Georgetown, Kentucky.

  • SAN FRANCISCO, April 6- Car parts supplier and integrator Delphi Automotive on Thursday announced investments and partnerships in three privately held companies to help carmakers profit from the increasing amount of data produced by the growing number of vehicles connected to the internet. Delphi's chief technology officer, Glen DeVos, told reporters in a...

  • FRIEDRICHSHAFEN, Germany, March 30- Volkswagen's emissions scandal has reduced the German auto industry's political clout, hampering its efforts to lobby for continued tariff-free trade between Britain and the European Union, the chief executive of auto supplier ZF said. "The last two years the automotive association in Germany lost a lot of credibility,"...

  • This device is removing the boot, along with the headache, when getting a parking ticket

    Unlike traditional boots, the unique design of the Barnacle allows motorists to pay their parking ticket on the spot.

  • A Ford hybrid vehicle on the assembly line in Wayne, Michigan.

    Using hedge fund analytics tool Kensho, we found the stocks with the highest 6-month correlation to Ford.

  • This is Airbus' new flying car concept

    This new flying car concept aims to eliminate traffic forever.

  • Delphi headquarters

    Deutsche Bank predicts 95 percent to 96 percent of cars in 2025 will still use internal combustion engines.

  • Tenneco CEO: Bullish on manufacturing

    Gregg Sherrill, Tenneco CEO, provides insight to the manufacturing sector under a Trump presidency, and talks about his fears of "unintended consequences" of a border adjustment tax.

  • LJUBLJANA, March 16- Car parts maker Magna International has submitted a plan to potentially invest up to 1.24 billion euros in Slovenia and create around 6,000 jobs, the government said on Thursday. "The final goal is the establishment of an entirely functional car plant in Slovenia with capacity of 100,000 to 200,000 vehicles per year," the government said in a...