The average profitability of the global automotive supplier industry remains stable at an astonishingly high level: 6.5% EBIT margin for 2012 and for 2013. The most profitable sectors for suppliers are chassis, powertrain and tires, whereas ...
Tags: economy, Transportation
The Australian Federal Government has awarded $7.3 million to 13 automotive suppliers to help them “develop new markets beyond the automotive sector”. With Ford having announced it will close its manufacturing operations in ...
Tags: Automotive Suppliers
Japanese cNissan has signed a deal with real estate developer firm Vesta for the construction of a Douki Seisan Park (DSP) at its new Aguascalientes, Mexico manufacturing plant in the US. The deal follows need for specialized partners to ...
PPG Industries, the world's leading manufacturer of transportation coatings, was named a 2013 Automotive News PACE Award winner for its ANDARO(R) tint dispersions. This marks the ninth time PPG has received the award, which honors ...
Tags: PPG, PACE Award, PPG Industries
Australian automotive suppliers will have another opportunity to boost their competitiveness in global supply chains and domestic markets through the $30 million joint Australian, Victorian and South Australian Government's Automotive ...
Tags: Car, Transportation
Under regulation EC 443(2009)1, the EU wide CO2 emission target for passenger cars is set at 120g/km. This target must be met through improvements to power train performance, as measured by the NEDC test cycle, and credits obtained via the ...
Tags: regulation, EU, Glass
PPG Industries is bringing innovation to the automotive industry, and the company’s product and technology offerings across several of its businesses help automakers and automotive suppliers enhance manufacturing efficiencies, make ...
Tags: PPG, innovation, automotive industry
US-based insurance brokerage and risk management firm Marsh & McLennan Agency (MMA) has completed acquisition of employee group benefits consulting and brokerage firm McGraw Wentworth. Terms of the transaction were undisclosed. Founded ...
Tags: US, insurance brokerage, risk management firm, MMA, McGraw Wentworth
General Motors (GM) of Canada is investing $850m in its research and development (R&D) activities at the Canadian Engineering Centre in Oshawa, Ontario between 2009 and 2016. According to the GM, the investment will offer long-term ...
Tags: GM, R&D, Oshawa facility
Two South Australian automotive suppliers have won $1.18 million funding in the first handouts as part of the new $30 million Automotive New Markets Program. Precise Global and Quality Plastics and Tooling qualified for funding under the ...
On Sep 13th, 2011, TRW Automotive Holdings Corp. (NYSE: TRW) announced a number of global business investments that support its plans for growth. The Company will open or expand 11 plants in 2011 and 2012 and will invest in a number of new ...
Tags: Market View, Fasteners