Classification: SUPPLIERS
Nexteer and Dongfeng Components sign joint venture agreement [2017-04-18]

AUBURN HILLS, Michigan – Nexteer Automotive has signed an agreement to form a joint venture with Dongfeng Motor Parts and Components Group Co., Ltd.

Shaping change: ZF sees more supplier mega mergers as autonomous driving race heats up [2017-04-18]

FRIEDRICHSHAFEN, Germany – The fast changing auto industry has ushered in a series of mega deals in the form of mergers, equity investments and outright takeovers over recent months, as major players both inside and outside of it vie for supremacy in the race toward connected, autonomous, shared and electrified mobility.

Novelis to supply aluminum solutions to NextEV [2017-03-22]

SHANGHAI/ATLANTA – Novelis signed an agreement with Chinese startup NextEV (NIO) on March 16 to provide innovative aluminum solutions for its fleet of smart, high-performance, premium electric vehicles.

Rochling Automotive Parts Chengdu gets Chang'an-Ford supplier award [2017-03-22]

CHONGQING – Röchling Automotive Parts Chengdu, a subsidiary of German supplier Röchling Group specialized in engineering plastics, was awarded a top supplier partner of Chang’

Delphi builds new automotive wiring harness plant in Jingzhou [2017-03-06]

GILLINGHAM, UK – Delphi Automotive announced on February 25 to establish a new wiring harness plant in Jingzhou, Hubei Province.

Major diesel engine makers achieve sales of over 200,000 units in January [2017-03-06]

BEIJING – China’s vehicle diesel engine sales reached 267,046 units in January, an increase of 15.

Net profit of Huayu Auto ranks top among 22 listed auto suppliers from Q1 to Q3 [2016-12-28]

BEIJING – Net profit of Huayu Auto was ¥4.467 billion ($687.23 million) in the first three quarters of this year, up by 12.

Borgward and Faurecia form JV to produce car seats in Tianjin [2016-12-28]

STUTTGARL/PARIS – Borgward is strengthening its strategic network and has teamed up with the French automotive supplier Faurecia to form a joint venture for the development and production of car seats and interior components in Tianjin, according to a company news release on November 29.

Hanon Systems opens a new engineering center in Shanghai [2016-12-27]

SHANGHAI– Hanon Systems, a leading global provider of automotive thermal solutions, opened a new engineering center in Shanghai to enhance its ability to serve vehicle manufacturers in China, according to a company news release on December 13.

IAC and Shenda to form trim and acoustics JV [2016-12-27]

SHANGHAI – International Automotive Components (IAC) and Shanghai Shenda Co., Ltd. announced on December 21 the signing of a definitive agreement to form a global joint venture partnership to supply soft trim and acoustics products to OEMs. A UK affiliate of Shenda will acquire a 70 percent stake in the UK-based JV for $570 million, while IAC will maintain the remaining interest.

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