Autoparts Report

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SiemensVDO Sells Wiring Harness Plants to Alcoa.(SiemensVDO Automotive AG, Alcoa Fujikura Ltd.)(Brief Article)
SiemensVDO Automotive AG, Regensburg (Germany) and Alcoa Fujikura Ltd. (AFL), said that Siemens completed the sale of four SiemensVDO wiring harness plants to AFL. The four plants are located in St . . .

Ford To Reopen Cleveland Engine Plant #1 To Build Duratec Engines.(Ford Motor Co.)(Brief Article)
Ford Motor Co. said that it will reopen the Cleveland Engine Plant #1 in late 2003. The plant is being modernized to accommodate new production of the Duratec V6, a dual overhead cam (DOHC) aluminu . . .

Modular Suppliers Locate Near Nissan's New Mississippi Plant.(Nissan North America Inc.)(Brief Article)
Several suppliers of modular components will set up production facilities near Nissan North America's new vehicle assembly plant in Canton, Miss., the company said, marking Nissan's next step towar . . .

Alcan Forms New Automotive Group To Grow Global, Value-Added Business.(Alcan Automotive)(Brief Article)(Statistical Data Include
Alcan Inc. said it has formed a new automotive organization to take advantage of the expanding market for lightweight automotive materials and solutions. Alcan said its automotive activities have . . .

Engine Management Systems Show Big Growth At Delphi.(Delphi Automotive Systems Corp.)(Brief Article)(Statistical Data Included)
Delphi Automotive Systems said it has achieved a significant milestone in the company's effort to grow its engine management systems (EMS) business, globally. In the first half of 2001, approximate . . .

BorgWarner Timing Chains Business To Get A Boost As Industry Switches From Timing Belts.(Brief Article)(Statistical Data Include
BorgWarner said it is well-positioned to meet the demand for timing chains as major Japanese auto makers turn to the use of timing chains for a significant percentage of their engine programs. For . . .

Auto Security Devices Sales To Triple By 2007, Study Says.(Brief Article)(Statistical Data Included)
Consumers are investing heavily in vehicle accessories and the security devices market segment is experiencing the healthiest sales. New analysis from Frost & Sullivan, "North American Automotive . . .

Volkswagen To Take Online Auctions In-House.(Brief Article)(Statistical Data Included)
Volkswagen said it is taking control of its auction process for privacy reasons. The company said it doesn't want to risk exposing its parts contracts and prices on a third party's system. Volksw . . .

Auto Parts Makers Report Loses, Lower Earnings In Second Quarter 2001.(Statistical Data Included)
U.S. auto parts makers reported poor second quarter results, but there were slight signs of recovery in demand from light vehicle production and the impact of the manufacturers' cost-cutting meas . . .

India To Consider New Policy On Foreign Investment In Auto Sector.(Brief Article)
An Indian cabinet panel will soon consider a new automobile policy that aims to set fresh investment guidelines for foreign firms wishing to manufacture vehicles in the country, a financial daily sa . . .

SKF Expands in China.(joint venture with Shanghai Bearing (Group) Company Ltd.)(Brief Article)
SKF has signed a joint venture contract with Shanghai Bearing (Group) Co. Ltd, (SBC), part of Shanghai Electrical Group Corp., to establish a company to manufacture and sell high performance deep gr . . .

Valeo Said Its Sales To Japan's Automakers Will Double.(Brief Article)
French auto parts group Valeo plans to double sales to Japanese automakers to about $786 million in 2002 from about $393 million in 2000, the Nihon Keizai Shimbun newspaper said. The French manufa . . .

European Automakers To Increase Use Of Aluminum.(Brief Article)
The amount of aluminum used in European cars is growing, with latest vehicles launched by three French carmakers all having engine hoods made of the metal, French metal producer Pechiney Automotive . . .

Brazilian Automobile Production Grows in First Half 2001.(Brief Article)
Brazil's automobile production in the first half of the year reached 975,000 units, growing 21.2 percent over the same period of 2000, Brazil's National Automobile Factories Association (Anfavea) sa . . .

Nissan Motor To Begin Passenger Cars Production In China.(Brief Article)
Nissan Motor Co. said it plans to produce passenger cars in China through a joint venture as early as next year, a major Japanese newspaper. Nissan is in final talks with China's Dong Feng Automobil . . .

Catalytica Energy Gets U.S. Department of Energy Award For Fuel Cell Research.(Gets contract)(Brief Article)
Catalytica Energy Systems, Inc. said that it has been selected by the U.S. Department of Energy (DOE) for a $11.2 million cost-shared contract to help fund research and development of fuel processin . . .

Porvair Fuel Cell Technology Awarded $6.1 Million for Fuel Cell Research.(Brief Article)
Secretary of Energy Spencer Abraham said that Porvair Fuel Cell Technology (PFCT), a subsidiary of U.K.-based advanced materials group Porvair plc, will receive $6.1 million for fuel cell research. . . .

PSA Peugeot Citroen Granted Government Support For Fuel Cell Research.(Brief Article)
French auto group PSA Peugeot Citroen has signed two 5-year framework agreements with CNRS (national center for scientific research) and CEA (atomic energy commission), which will allow it to intens . . .

For Public Offering of $50,000,000 Of Common Stock.(Brief Article)
IMPCO Technologies, Inc. said that it has filed a registration statement with the Securities and Exchange Commission for a proposed public offering of $50,000,000 of Common Stock. The net proceeds w . . .

Novatel Wireless Expands Vehicle Tracking Capabilities.(Brief Article)
Novatel Wireless, Inc., a provider of wireless data access solutions, said that it is expanding its OEM initiative focused on the vehicle tracking and fleet management market. Through its automatic . . .

SiRF and Conexant Join Global Positioning System Businesses.(Brief Article)
SiRF Technology Inc. of San Jose, Calif., a developer of global positioning system-enabled location technology, and Conexant Systems, Inc., a provider of semiconductor system solutions for communica . . .

Oracle, Wingcast In Joint Venture To Offer New Wireless Services for Cars.(Brief Article)
Oracle Corp., a provider of software for e-business and Wingcast, a joint venture of Ford Motor Co. and QUALCOMM Inc., said they have entered into a strategic alliance to jointly develop and bring t . . .

Valeo, Iteris To Develop Integrated Intelligent Automotive Vision Systems.(Brief Article)
Valeo and Iteris, Inc., a subsidiary of Odetics, Inc.,said that they have entered into a strategic and technical partnership that encompasses the technical and commercial development of advanced aut . . .

Intermet Says Earnings Fell 67% In Second Quarter.(Brief Article)
Intermet Corp. said its second-quarter earnings fell nearly 67 percent but it sees third-quarter revenues lower than analysts estimates, given continuing uncertainty in the slowing U.S. economy. Tro . . .

Delphi Announces Exhaust Emission Systems Business Wins.(Brief Article)
Delphi Automotive Systems said it received more than $300 million in recently acquired catalytic converter and catalyst business with various OEMs and aftermarket customers. "By leveraging Delphi's . . .

AK Steel Invests In Custom-Made Car Company.(Brief Article)
AK Steel Corp. said it has made a $5 million investment as a founding partner in Build-to-Order Inc., a maker of custom-made vehicles. Build-to-Order was formed in April through a merger of the form . . .

Hayes Lemmerz Said It Will Close Michigan Manifold Plant.(Brief Article)
Hayes Lemmerz International Inc. said it will close a plant in Petersburg, Michigan, by year-end as it consolidates production to save money. The plant, which employs about 150 people, makes polymer . . .

Brazilian Firm Selected By Ford To Supply Graphite Iron Cylinder Block.(Brief Article)
Tupy Fundicoes of Brazil, one of the world's leading iron foundries, said it has been awarded by Ford Motor, and the high-tech Swedish company SinterCast, the production contract for the compacted g . . .

Motorola, Delphi To Jointly Develop Powertrain Control Systems.(Brief Article)
Motorola Inc. and Delphi Automotive Systems Corp. said they will develop powertrain control systems based on the PowerPC architecture to meet automotive application demands. Motorola, a supplier of . . .

BorgWarner Awarded Major Contract From Kia.(TorqTransfer Systems)(Brief Article)
BorgWarner TorqTransfer Systems said it has won a major contract to supply four-wheel drive transfer case systems to Kia Motor Co. of Korea. The transfer cases will be applied to Kia's new sport- ut . . .

GM's Brazilian Production Model To Be Introduced In U.S.(Brief Article)
General Motors is going to open two new factories in the U.S. which will be based on the same production model as that which is currently in use at the GM plant in Gravatai in the Brazilian state of . . .

Eaton Acquires Truck Clutch Business in Mexico.(Transmisiones TSP S.A. de C.V.)(Brief Article)
Eaton Corp. said it has acquired the heavy-duty and medium-duty truck clutch manufacturing assets of Transmisiones TSP, S.A. de C.V., for an undisclosed amount. With $10 million in sales in 2000, TS . . .

GM To Drop LTV As Steel Supplier.(Brief Article)
General Motors Corp. said it notified LTV Corp. of its plans to drop the steelmaker as a supplier at the end of the year, the Wall Street Journal said in a recent online edition. The newspaper said . . .

Johnson Electric Buys Textron Electric Motor Business.(Kautex Textron purchased)(Brief Article)
Johnson Electric said it has acquired the manufacturing assets of the electric motor components business of Textron Automotive Co.'s Kautex Textron division for $12.5 million. Based in Manchester, . . .

Ford Will Expand Spanish Plant With $300 million Investment.(Brief Article)
Ford Motor Co. said it will invest $300 million to expand its factory near the Spanish city of Valencia. The new investment would help prepare the plant for production of a new version of Ford's Fie . . .

Tenneco Chosen To Supply Sears Auto Centers With Shocks and Struts.(Brief Article)
Tenneco Automotive said it signed a long-term agreement to supply shock absorbers and struts to all 826 Sears Auto Centers and 225 National Tire and Battery (NTB) stores in the United States. Tennec . . .

Magna Files For IPO Of Interior Division.(Intier Automotive Inc.)(Brief Article)
Magna International Inc. said that its Intier Automotive Inc. (Intier) subsidiary has filed a preliminary prospectus with the securities regulators in the Provinces of Canada and a registration stat . . .

Japan Automakers Purchased $35.8 Billion In U.S.-Made Auto Parts In Fiscal 2000.(Brief Article)(Statistical Data Included)
Japanese automakers' purchases of U.S.-made auto parts jumped by $3.9 billion, reaching $35.8 billion in Japan fiscal year 2000 (April 1, 2000 - March 31, 2001) (see tables on page 8), according to . . .

Overall Auto Sales Rise As Foreign Brands Gain Ground.(Brief Article)(Statistical Data Included)
U.S. auto sales are headed for the third-best year ever. But, despite sizable discounts, Detroit's Big Three continued to lose ground to Asian and European rivals. Overall, U.S. car and light-truck . . .

No Decline In The Number of Auto DIYers, Association Study Finds.(Brief Article)(Statistical Data Included)
The percentage of U.S. consumers doing some of their own car repairs has remained constant for the past six years, contrary to widespread beliefs. A new market research study, "The Aftermarket Con . . .

Delphi Will Link Its Supplier Network Supports Using Covisint.(Brief Article)
In an industry first, Delphi Automotive Systems said that it will launch a supplier portal hosted by Covisint. Delphi said that the portal will enable Delphi to improve supply chain efficiency by en . . .

Japan's Domestic Automakers See Production, Sales Decline.(Brief Article)
Domestic auto production and sales at three of Japan's leading auto makers shrunk in May, continuing to suffer from weak exports and slumping commercial-vehicle demand, the manufacturers said. Toy . . .

Mexican Automotive Exports To U.S. Reach $13 Billion For First Four Months.(Brief Article)
The combined value of the Mexican auto and autoparts industries' exports to the United States during the first four months of the year were $12.97 billion, according to data released by the U.S. Com . . .

Autoliv To Move Labor-Intensive Production To Romania.(Brief Article)
Autoliv Inc., a leader in automotive safety systems, has made Autoliv Romania S.A. a wholly-owned subsidiary by acquiring the remaining 10 percent from the local partner Metaloplast. The change is r . . .

Many Suppliers Locating In Brazil As Base For Latin America.(Brief Article)
Major worldwide motor vehicles parts producers as Magna, Peguform Venture, Plastic Ominium Sommer Allibert and Textron chose Brazil as their exports base for Latin America. Peguform with a plant in . . .

Peugeot Targets 5-Percent Of Mexican Auto Market.(Brief Article)
French automaker Peugeot plans to boost its share of the Mexican new car market to 5 percent by 2005, company head of International Affairs Christian Delous said. Delous said Peugeot expected its ma . . .

Mexico To Rank As Largest Importer Of Brazilian-Made Autos.(Brief Article)
Mexico this year will become the largest importer of autos made in Brazil, nudging Argentina out of the No. 1 spot, according to a report in Mexican financial daily El Economista. Celio Batalha, pre . . .

Despite Highly Efficient Plants, Canadian Auto Industry May Suffer In Future Because Of Auto Pact Demise.(Brief Article)
Canadian Auto Workers union president Buzz Hargrove on hearing the high productivity ratings for Canadian General Motors and Ford plants issued by Harbour & Associates, commented, "One more time, Ca . . .

Nissan, Toyota U.K. Head Most Efficient European Facilities.(Brief Article)
Nissan and Toyota of Japan's British car factories were the most efficient in Europe in 2000, followed by plants run by Ford and General Motors in Germany, a recently published study showed. A Volks . . .

China To Impose High Tariff On Automotive Imports From Japan As Trade Conflict Heats Up.(Brief Article)
China will raise duties on imports of Japanese cars, mobile phones and air conditioners in retaliation for Japanese curbs on some Chinese agricultural exports, state media said. Those measures, deta . . .