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Auto Components Auto Parts and Equipment

  • 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...

  • MADRID, March 13- Spanish car parts maker Gestamp is planning an initial public offering valuing it at about 3.7 billion euros in what would be one of the biggest European stock market listings so far this year. The planned initial public offering is the third Spanish stock market listing announced this year after Prosegur said it would float its...

  • MADRID, March 13- Spanish car parts maker Gestamp is planning an initial public offering valuing it at about 3.7 billion euros in what would be one of the biggest European stock market listings so far this year. Gestamp's valuation is based on the sale of 12.5 percent to Japan's Mitsui for 467 million euros, which was adjusted on Monday from an original value of 416...

  • MADRID, March 13- Spanish car parts maker Gestamp is planning an IPO valuing it at around 3.4 billion euros, one of the biggest European stock market listings so far this year. The planned initial public offering is the third Spanish stock market listing announced this year after Prosegur said it would float its cash-in-transit subsidiary and house builder...

  • *McLaren ready to source more UK components if there are tariffs. Eighty percent of UK- assembled vehicles are exported and they could face tariffs of up to 10 percent if Britain has to fall back on World Trade Organisation rules, with some components subject to multiple varying tariffs each time they cross a border. "If we do find there are tariffs on sending cars...

  • March 8- Canadian auto parts maker Linamar Corp on Wednesday reported a 21.8 percent increase in quarterly profit, helped in part by the acquisition of France's Montupet SA last year. Net earnings rose to C $116.1 million, or C $1.76 per share, in the fourth quarter ended Dec. 31, from C $95.3 million, or C $1.45 per share, a year earlier. The company also raised its...

  • March 8- Canadian auto parts maker Linamar Corp reported a 21.8 percent increase in quarterly profit, helped in part by the acquisition of France's Montupet S.A last year. The company's net earnings rose to C $116.1 million, or C $1.76 per share, in the fourth quarter ended Dec. 31, from C $95.3 million, or C $1.45 per share, a year earlier. The company also raised its...

  • March 8- Canadian auto parts maker Linamar Corp reported a 21.8 percent increase in its quarterly profit, helped in part by the acquisition of France's Montupet S.A last year. The company's net earnings rose to C $116.1 million, or C $1.76 per share, in the fourth quarter ended Dec. 31, compared with C $95.3 million, or C $1.45 per share, a year earlier.

  • WASHINGTON, March 7- Kiekert AG, which makes car locks and door latches for auto makers, has agreed to plead guilty to bid rigging and to pay a $6.1 million fine, the U.S. Justice Department said on Tuesday. Kiekert was part of a conspiracy to rig bids for parts sold to Ford Motor Co between mid-2008 and mid-2013, the department said. The German company will plead guilty...