German auto supplier IAV Gmbh has agreed to plead guilty and pay a $35 million fine for conspiring to assist Volkswagen AG in its effort to evade U.S. diesel emissions standards, the U.S. Justice Department said on Tuesday.
Reuters. Tue, 18 Dec 2018 13:03:20 -0500.
German auto supplier Bosch expects global car production in 2019 to languish at this year's level, the head of its core auto parts unit said on Thursday, citing a cool-down in China and lower demand for diesel cars in Europe.
Reuters. Thu, 06 Dec 2018 08:53:17 -0500.
Dayco, a maker of engine parts for vehicles and industrial equipment, has received offers from bidders including Apollo Global and Gores Group, people familiar with the matter told Bloomberg.
AutoNews.com. Thu, 15 Nov 2018 13:08:48 EST. Subscription may be required.
Auto supplier Visteon reported lower production for its big customers in every major global automotive market, which dragged down the supplier's sales and profits in the third quarter.
AutoNews.com. Fri, 26 Oct 2018 12:10:36 EST. Subscription may be required.
Auto parts giant ZF reported higher earnings. However, the German company still worries U.S. tariffs on imported steel and aluminum, and proposed tariffs on imported autos and auto parts, still pose a threat to its global business.
By Jim Henry, Contributor. Forbes. Mon, 30 Jul 2018 14:29:00 -0400.
Germany's Bosch acquires Detroit-based ride-sharing startup SPLT and creates a new mobility services division that anticipates double-digit growth.
By Joann Muller, Forbes Staff. Forbes. Wed, 21 Feb 2018 09:42:00 -0500.
The autonomous driving consortium that includes BMW, Intel, FCA, and others has added Canadian auto supplier Magna International to its ranks. ...
Alex Nishimoto. Motor Trend. Tue, 10 Oct 2017 19:30:54 +0000.