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Jun
23rd

IAC buys Stankiewicz, makes global move in auto carpets

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International Automotive Components Group said Monday it expanded its global automotive carpets and acoustic parts business by purchasing key pieces of insolvent German supplier Stankiewicz. Full story...
Jun
23rd

IAC buys Stankiewicz, makes global move in auto carpets

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International Automotive Components Group said today it expanded its global automotive carpets and acoustic parts business by purchasing key pieces of insolvent German supplier Stankiewicz. Full story...
Jun
23rd

According to the J.D. Power, Honda Ranks Highest Among Manufacturer Web Sites

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WESTLAKE VILLAGE, Calif. -- Honda ranks highest among automotive manufacturer Web sites for usefulness in new-vehicle shopping for a second consecutive time, according to the J.D. Power and Associates 2009 Manufacturer Web Site Evaluation Study(SM) (MWES)-Wave 2 released today. Full story...
Jun
22nd

IAC buys Stankiewicz, makes global move in auto carpets

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International Automotive Components Group said today it expanded its global automotive carpets and acoustic parts business by purchasing key pieces of insolvent German supplier Stankiewicz. Full story...
Jun
22nd

US: IAC to acquire Stankiewicz operations

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International Automotive Components Group (IAC) has announced that it has executed a definitive agreement to acquire certain operations of Stankiewicz GmbH and Gimotive GmbH (collectively "Stankiewicz") from German administration. Terms of the transaction were not released. Full story...
Jun
22nd

Lighting maker Hella gets more time to pay loan

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German automotive lighting manufacturer Hella KGaA Hueck and Co. said on Friday it has signed an increased 550 million euro ($765.7 million) forward start loan, extending an existing loan by two years. Full story...
Jun
20th

Lighting maker Hella gets more time to pay loan

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German automotive lighting manufacturer Hella KGaA Hueck and Co. said on Friday it has signed an increased 550 million euro ($765.7 million) forward start loan, extending an existing loan by two years. Full story...
Jun
20th

Lighting maker Hella gets more time to payback loan

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German automotive lighting manufacturer Hella KGaA Hueck and Co. said on Friday it has signed an increased 550 million euro ($765.7 million) forward start loan, extending an existing loan by two years. Full story...
Jun
19th

Continental Automotive to delay some employee paychecks up to 2 days

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Continental Automotive Systems Inc. will delay paychecks expected by thousands of U.S. employees on June 30. Less than half of Continental's roughly 10,000 U.S. Full story...
Jun
19th

1985 Honda CRX HF vs. 2010 Honda Insight

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1985 Honda CRX HF vs. 2010 Honda Insight
1985 Honda CRX HF vs. 2010 Honda Insight - Modern Automotive Technology vs. Past Technology - Automobile Magazine
Is modern technology really such a beautiful thing?

Let's review some facts:
It is the year 2009, and the planet is in a general state of higgledy-piggledy. The global economy is in the toilet, the polar ice caps are melting, and most car manufacturers are running scared.


Photo Gallery: 1985 Honda CRX HF vs. 2010 Honda Insight - Modern Automotive Technology vs. Past Technology - Automobile Magazine


Full story...
Jun
19th

GM’s monthly ad budget can reach $50 million, LaNeve says

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General Motors has been tight-lipped about what it's planning to spend on advertising while in bankruptcy, but Automotive News sister publication, Advertising Age, has the answer: $40 million to $50 million per month, which comes... Full story...
Jun
19th

Continental delays pay to meet debt rules

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Continental AG has postponed paying salaries to its 45,000 staff in Germany to ensure it has enough cash on hand to meet its debt covenants, the automotive supplier said on Friday. Full story...
Jun
19th

Porsche CEO scolds directors for discussing debt

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Porsche Automobil Holding SE chided two prominent board members for commenting about the debt-laden German automotive group's financial condition while it seeks a 1.75 billion euro ($2.44 billion) state loan. Full story...
Jun
19th

Porsche CEO Wiedeking scolds directors for discussing debt

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Porsche Automobil Holding SE chided two prominent board members for commenting about the debt-laden German automotive group's financial condition while it seeks a 1.75 billion euro ($2.44 billion) state loan. Full story...
Jun
18th

Porsche CEO Wiedeking scolds directors for finances talk

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Porsche Automobil Holding SE chided two prominent board members for commenting about the debt-laden German automotive group's financial condition while it seeks a 1.75 billion euro ($2.44 billion) state loan. Full story...
Jun
18th

Porsche CEO Wiedeking scolds directors for discussing debt

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Porsche Automobil Holding SE chided two prominent board members for commenting about the debt-laden German automotive group's financial condition while it seeks a 1.75 billion euro ($2.44 billion) state loan. Full story...
Jun
18th

BELGIUM: Supplier building new fuel systems plants in Asia

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The Belgium based international chemical and pharmaceutical group Solvay's affiliate Inergy Automotive Systems is building new fuel systems plants in the Beijing region of China and in the Chennai region, India to supply new car assembly plants. Full story...
Jun
18th

Solvay unit plans China, India fuel systems plants

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Belgian drugs, chemicals and plastics maker Solvay said on Thursday its automotive fuel systems affiliate Inergy would be building new factories in China and India. Full story...
Jun
17th

No new aid means more supplier bankruptcies, Dura CEO says

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The U.S. government's decision to deny additional aid for struggling automotive suppliers will mean more bankruptcies in the cash-strapped sector, Dura Automotive Systems Inc. CEO Tim Leuliette said today. Full story...
Jun
17th

THAILAND: Continental opens new parts plant

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Germany's Continental AG inaugurated its new automotive components plant in Thailand on Tuesday, although the delay in some model programmes due to the global slump in vehicle demand has forced the company to defer part of its original investment. Full story...
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