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Examples
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Japan's big auto industry has been hobbled since a March 11 earthquake and subsequent tsunami devastated parts of its northeast coast, home to hundreds of big and small automotive-parts makers.
Toyota Signals a Bleak Year Chester Dawson 2011
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Delphi was the largest U.S. automotive-parts supplier in terms of revenue when it filed for bankruptcy in October after failing to secure union wage concessions.
Delphi Buys Back Stake From GM Jeff Bennett 2011
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MUMBAI -- Akar Tools Ltd., a unit of RL Steels and Energy Ltd., is set to acquire a Pune-based automotive-parts maker for 400 million rupees $9 million.
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Investor Jerry Finger said Thursday in an interview that he expects lead director Temple Sloan, who runs a Raleigh, N. C.-based automotive-parts distributor, to take Mr. Lewis's place.
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ArvinMeritor plans to spin off its automotive-parts unit into a stand alone entity.
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ArvinMeritor was created in July 2000, when Arvin Industries Inc. merged with Meritor Automotive Inc., a spinoff of Rockwell International, to form a $7.5 billion automotive-parts supplier.
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Net profit surged to €6.48 billion from €788 million in the year-earlier quarter, fueled mostly by a one-off gain from the sale of its automotive-parts business.
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In the past, Chinese automotive-parts exports were mostly relatively less sophisticated components, such as floor mats, switches, visors, tires, aluminum wheels and wheel-hub caps.
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ArvinMeritor Inc., unwinding an eight-year-old merger, plans to spin off its automotive-parts unit into a stand-alone entity, in order to focus on the commercial-truck market.
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The Troy, Mich., transport-industry supplier said it plans to spin off its automotive-parts business in a move that will allow the company to focus on making products for the commercial-truck market.
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