Posted: under Supplier News.
Automakers were a little edgy this summer over the news that Dirk Pieper was planning to lead a management buyout of Milliken and Co.’s automotive body cloth unit. Not that there was anything wrong with Pieper leading it.
Comments (0)
Oct 09 2009
Posted: under Supplier News.
Automakers may be looking at higher steel prices next year after rapid increases since June. Rising automotive demand, fueled in part by the cash-for-clunkers program, has pushed steel prices higher.
Comments (0)
Oct 09 2009
Posted: under Supplier News.
Visteon Corp.’s U.S. manufacturing operations are losing parts supply contracts with the Detroit 3 and Nissan North America Inc. The automakers are discontinuing component parts purchases from Visteon’s U.S.
Comments (0)
Oct 09 2009
Posted: under Supplier News.
General Motors Co. deserves credit for showing signs of being responsive to the needs of stakeholders, including suppliers and dealers.
Comments (0)
Oct 09 2009
Posted: under Supplier News.
Chrysler Group will pay Visteon Corp. at least $31.3 million as part of an agreement to shift some production away from the bankrupt supplier and give Visteon some new business, court documents say.
Comments (0)
Oct 09 2009
Posted: under Supplier News.
Remy International Inc., formerly Delco Remy, has signed contracts with six customers to deliver electric drive motors for electric and hybrid vehicles.
Comments (0)
Oct 09 2009
Posted: under Supplier News.
Delphi, the former parts unit of General Motors that became a multibillion-dollar liability to the automaker, today emerged from Chapter 11 bankruptcy after four years of court protection.
Comments (0)
Oct 09 2009
Posted: under Supplier News.
Delphi Corp.and#8217;s global steering business, now owned by General Motors Co. after Delphiand#8217;s emergence yesterday from a four-year bankruptcy, still has interested buyers, the steering divisionand#8217;s president said.
Comments (0)
Oct 09 2009
Posted: under Supplier News.
Plastics and adhesives supplier Dow Automotive Systems today named Steve Henderson its news president, replacing Peter Sykes, who was named president of Dow Greater China.
Comments (0)
Oct 09 2009
Posted: under Supplier News.
A bankruptcy judge has denied Visteon Corp.’s request to give bonuses to 12 top executives, while approving continuation of part of the employee incentive program the supplier had in place before it went bankrupt.
Comments (0)
Oct 09 2009