The executive chairman at auto supplier Visteon Corp. sold 1.4 million shares of common stock following their automatic conversion from restricted shares, according to a Securities and Exchange Commission filing Tuesday.
Our Bureau Chennai, Dec. 3 Hosur-based Harita Seating Systems Ltd has acquired the Polyflex Group of companies for an undisclosed sum. This acquisition will give Harita an entry into passenger car segment through tier-1...
Minority auto suppliers are being disproportionately hurt by the auto industry implosion, and that is devastating Detroit's African-American communities, the city's Council of Baptist Pastors said Tuesday.
Dec. 3--Auto suppliers should brace for more production cutbacks in the coming months as a result of the deteriorating market for new vehicles. Production schedules released by Ford Motor Co. (F) and General Motors Corp. (GM)...
India's auto component makers not only face slower growth in the domestic market, the Export Credit Guarantee Corporation of India is now refusing credit insurance to over 50 auto component companies that sell to the Big Three...
Minority auto suppliers are being disproportionately hurt by the auto industry implosion, and that is devastating Detroit's African-American communities, the city's influential Council of Baptist Pastors said today.
Bankrupt auto supplier will be allowed to use proceeds of $4.3B beyond Dec. 31 expiration date. A bankruptcy judge said Monday that auto supplier Delphi can continue to access the proceeds of $4.35 billion in loans after the...
I was reading Joe Sullivan's Thanksgiving column Friday when one phrase stopped me cold: "... another day when our automaking brethren have to struggle by on a $75-an-hour paid holiday ..." I took a deep breath and finished...
Via Acquire Media NewsEdge) Dec. 2--Car and truck suppliers across the state will have much at stake when Congress decides how to handle Detroit's struggling auto industry. The N.C. Commerce Department says more than 160...
Monday December 1, 6:58 pm ET By Vinnee Tong, AP Business Writer Judge says auto supplier Delphi can postpone repayment of bankruptcy loans NEW YORK (AP) -- A bankruptcy judge said Monday that auto supplier Delphi can continue...