×

Auto Components Auto Parts and Equipment

  • Italy is Europe's worst performing market so far this year and some foreign investors have been so transfixed by the Southern European country's macro-economic risks and political turmoil they have missed the rise of niche firms like Brembo. David Marcus, CEO of U.S. based Evermore Global Advisors, said Italy had long been neglected, but now the country was...

  • *Software advances allow new entrants into auto industry. *Suppliers' knowhow has blossomed since global crisis. FRANKFURT, Oct 6- German logistics giant Deutsche Post has quietly designed and made its own electric delivery van, exploiting sweeping changes in manufacturing technology which could upend the established order in the auto industry.

  • **McDonald's Corp is set to agree a deal to sell 20- year franchise rights for its Singapore and Malaysia outlets to Saudi Arabia's Reza group for up to $400 million, as part of a re-jig of its Asian business, people familiar with the matter said. **Teva Pharmaceutical Industries Ltd said on Wednesday it would sell Allergan Plc's generics business in the UK and...

  • **McDonald's Corp is set to agree a deal to sell 20- year franchise rights for its Singapore and Malaysia outlets to Saudi Arabia's Reza group for up to $400 million, as part of a re-jig of its Asian business, people familiar with the matter said. **Teva Pharmaceutical Industries Ltd said on Wednesday it would sell Allergan Plc's generics business in the UK and...

  • **Shenzhen Qianhai Financial Holdings and Shenzhen Investment Holdings Corporation have agreed to buy ACR Capital Holdings Pte Ltd, the owner of Singapore's biggest reinsurance firm, ACR said in a statement on Wednesday. **Japanese insurer Sompo Holdings Inc said on Wednesday it will buy U.S. casualty insurer Endurance Specialty Holdings Ltd for $6.3 billion,...

  • **Shenzhen Qianhai Financial Holdings and Shenzhen Investment Holdings Corporation have agreed to buy ACR Capital Holdings Pte Ltd, the owner of Singapore's biggest reinsurance firm, ACR said in a statement on Wednesday. **Japanese insurer Sompo Holdings Inc said on Wednesday it will buy U.S. casualty insurer Endurance Specialty Holdings Ltd for $6.3 billion,...

  • **Shenzhen Qianhai Financial Holdings and Shenzhen Investment Holdings Corporation have agreed to buy ACR Capital Holdings Pte Ltd, the owner of Singapore's biggest reinsurance firm, ACR said in a statement on Wednesday. **Japanese insurer Sompo Holdings Inc said on Wednesday it will buy U.S. casualty insurer Endurance Specialty Holdings Ltd for $6.3 billion,...

  • **Britain's Barclays has completed the sale of its Egyptian business to Morocco's Attijariwafa Bank as part of its shift towards focusing on the United States and Britain. **U.S. rail equipment maker Wabtec Corp secured EU antitrust approval for its $1.8 billion buy of Faiveley Transport after agreeing to sell the French company's sintered friction material...

  • **Britain's Barclays has completed the sale of its Egyptian business to Morocco's Attijariwafa Bank as part of its shift towards focusing on the United States and Britain. **U.S. rail equipment maker Wabtec Corp secured EU antitrust approval for its $1.8 billion buy of Faiveley Transport after agreeing to sell the French company's sintered friction material...

  • Turning point for auto sales?

    Stephanie Link, TIAA Global Asset Management; Barba Doran, Yorkbridge senior portfolio manager; and "Fast Money" trader Joe Terranova share their takes on the auto trade, including Tesla.

  • DUBAI, Oct 2- Saudi Arabia's Kingdom Holding, the investment firm owned by billionaire Prince Alwaleed bin Talal, said on Sunday it had sold the Four Seasons Hotel Toronto for a gross price of 225 million Canadian dollars. The property was sold to family investment vehicles related to Shahid Khan, Pakistani-American founder of automobile parts maker...

  • Dieter Zetsche, chairman of Daimler, discusses his company's challenge to Tesla, and its wider strategy to dominate the electric car market.

  • Carlos Ghosn, CEO and chairman of Renault, discusses the importance of emissions regulation in the auto industry.

  • Volkswagen Brands CEO: 'The situation is under control'

    Herbert Diess, CEO of Volkswagen Brands, sought to reassure consumers and investors about a potential fine from the U.S. Department of Justice

  • DETROIT, Sept 28- Detroit automotive supplier Piston Group said on Wednesday it has finalized the purchase of Takata Corp's vehicle interiors subsidiary, Irvin Automotive, which will raise Piston's annual revenue to $1.8 billion from $1.3 billion.

  • FRANKFURT, Sept 28- Europe's biggest software maker SAP has earmarked 2 billion euros for investments in products that help companies to connect everything from washing machines to cars to the Internet. SAP sealed a deal last week to work with German car parts maker Robert Bosch to connect everything from screwdrivers to cars to the Internet, and more deals...

  • SAN FRANCISCO, Sept 26- Tesla Motors Co and a U.S. subsidiary of Swiss auto supplier Hoerbiger have agreed to settle a lawsuit filed by the electric car maker over problems with a proposed hydraulics system for the luxury Model X's "falcon wing" doors, court records show. Tesla and Hoerbiger have delayed filing for a dismissal because certain conditions of the...

  • WASHINGTON/ TOKYO, Sept 24- Japanese air bag supplier Takata Corp said it failed to inform the U.S. auto safety agency of a 2003 rupture of one of its air bag inflators in Switzerland, according to an internal Takata report released by U.S. regulators on Friday. In the United States, nearly 70 million inflators have been declared defective. In one event detailed in the...

  • Stocks to Watch: September 22, 2016

    AutoZone, Rite Aid and Yahoo are making headlines this Thursday morning before the opening bell.

  • Auto parts

    Jefferies predicts Amazon's auto parts offering and discounting will hurt auto parts retailers' profits.