Category Archives: News

Knorr-Bremse drops bid for Haldex

German supplier Knorr-Bremse has dropped its 5.5-billion-crown ($692 million) bid for smaller Swedish rival Haldex, ending for now a heated bidding process that has lasted more than a year.

Suppliers warn EPA against regulatory rollback

While auto manufacturers have welcomed the second-chance EPA review of mpg targets under the Trump administration, suppliers of emissions-control and fuel-efficiency technology are pushing back.

Hyundai names new China boss after supplier disputes

Hyundai has appointed Tao Hung Tan as its new chief of China operations. The move comes as payment disputes with suppliers resulted in the temporary shutdown of production last month at four of the automaker’s China factories.

Check out the ANE monthly magazine for September

The latest issue of the Automotive News Europe monthly magazine is ready to view. The new edition looks at why Ford, Nissan, Kia and Volkswagen are packing their new subcompact cars with cutting-edge technology.