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A union for Visteon Corp. retirees is seeking greater influence over the auto parts maker’s bankruptcy exit plan, saying it has a claim for $100 million that entitles it to more votes on the proposal.

Tags: 100 Million, Auto Parts, auto-parts maker, Bankruptcy, Exit Plan, Proposal, USD, Visteon, Visteon Corp, Vote

Auto parts maker BorgWarner posted stronger-than-expected quarterly earnings and raised its full-year earnings forecast due to stronger vehicle output in North America, Europe and China.

Tags: Auto Parts, Borgwarner, China, Europe, North America, North America Europe, parts maker, Quarterly Earnings, Record Earnings

Japan’s biggest auto parts maker swung to a profit in the latest quarter and cited recovering markets in North America and Asia for its improved outlook.

Tags: Asia, Auto Parts, auto-parts maker, Denso, Global Auto, Japan, Japan Auto, North America, Rebound

Japan’s biggest auto parts maker swung to a profit in the latest quarter and cited recovering markets in North America and Asia for its improved outlook.

Tags: Asia, Auto Parts, auto-parts maker, Denso, Global Auto, Japan, Japan Auto, North America, Rebound

Auto parts maker reported a sharp rise in quarterly profit as the global auto industry continued to recover. Net income during the second quarter rose to $49 million, up from $3 million. Revenues rose 23 percent to $1.6 billion, up from $1.3 billion.

Tags: Auto Parts, Earnings, Federal Mogul, Global Auto Industry, Global Sales, Net Income, parts maker, Quarterly Profit, Second Quarter, USD

The auto parts maker reported a sharp rise in quarterly profit as the global auto industry continued to recover. Net income during the second quarter rose to $49 million, up from $3 million. Revenues rose 23 percent to $1.6 billion, up from $1.

Tags: Auto Parts, auto-parts maker, Earnings, Federal Mogul, Global Auto Industry, Global Sales, Net Income, Quarterly Profit, Second Quarter, USD

A U.S. appeals court today ordered bankrupt auto parts maker Visteon Corp. to reinstate benefits to thousands of retirees who had them terminated during the company’s ongoing Chapter 11 reorganization. The Third U.S.

Tags: Appeals Court, Auto Parts, bankrupt auto parts maker, Chapter 11 Reorganization, Retiree Benefits, United States, Visteon, Visteon Corp

Lynn Tilton, who favors wearing diamonds and buying diamonds in the rough, is charging into the auto industry — at a time when most of her private-equity predecessors are happy to be out.

Tags: Auto Industry, Auto Parts, Buying Diamonds, Lynn Tilton, Predecessors, Private Equity

Toyota Motor Corp. plans to cut auto parts procurement costs by around 30 percent over three years to help it regain profitability, media reports said today.

Tags: Auto Parts, Auto Reports, media reports, Parts Toyota, Procurement Costs, Profitability, Toyota, Toyota Auto, Toyota Motor, Toyota Motor Corp, Toyota Parts

A push by U.S. automakers to build more fuel-efficient vehicles is playing to a strength of Canada’s auto parts makers and positions them to pick up market share as the industry emerges from recession.

Tags: Auto Makers, Auto Parts, Automakers, Canada, Canadian Auto, Fuel Efficient Vehicles, Market Share, More Fuel Efficient Vehicles, Recession, United States

Production increases planned for the first quarter by General Motors Co. and Ford Motor Co. are giving hope to the depressed auto parts sector.

Tags: Auto Parts, First Quarter, Ford, Ford Motor, Ford Motor Co., Ford Production, General Motors, General Motors Co., Gm, Gm Ford

Visteon Corp., a bankrupt maker of auto parts, reached an agreement to continue supplying Ford Motor Co. with parts while it sheds some of its plants, according to court documents.

Tags: Auto Parts, bankrupt maker, Court Documents, Ford, Ford Motor, Ford Motor Co., Ford Parts, Plants, Sheds, Visteon, Visteon Corp

Visteon Corp., a bankrupt maker of auto parts, reached an agreement to continue supplying Ford Motor Co. with parts while it sheds some of its plants, according to court documents.

Tags: Auto Parts, bankrupt maker, Court Documents, Ford, Ford Motor, Ford Motor Co., Ford Parts, Plants, Sheds, Visteon, Visteon Corp

Workers at an India auto-parts maker have ended a six-week strike, which had hit transmission parts supplies to General Motors and Ford Motor Co. and caused the shutdown of at least two North American crossover plants.

Tags: Auto Parts, auto-parts maker, Crossover, Ford, Ford Auto, Ford Motor, Ford Motor Co., Ford Workers, General Motors, Gm, Gm Auto, Gm Ford, India, Plants, Transmission Parts

Workers at an India auto-parts maker have ended a six-week strike, which had hit transmission parts supplies to General Motors and Ford Motor Co. and caused the shutdown of at least two North American crossover plants.

Tags: Auto Parts, auto-parts maker, Crossover, Ford, Ford Motor, Ford Motor Co., Ford Production, General Motors, India, Plants

Hedge fund Appaloosa Management and other investors have settled a lawsuit with Delphi stemming from a failed and contentious plan to take the auto parts maker out of bankruptcy in 2008, sources with direct knowledge of the agreement said today.

Tags: Appaloosa, Appaloosa Management, Auto Parts, auto-parts maker, Bankruptcy, Delphi, Fund Management, Hedge Fund, Investment Fund, Investors, Knowledge

Demand for U.S. auto parts makers’ business will likely improve next year, Moody’s Investors Service said today, changing its outlook rating from and#8220;negativeand#8221; to and#8220;stable.and#8221;

Tags: Auto Makers, Auto Parts, Auto Supplier, Moody S Investors Service, Outlook, U S Auto

General Motors Co. put on hold a deal to sell a 55 percent stake in carmaker Opel to a Russian-backed consortium led by Canadian auto parts group Magna International Inc., GM’s chief negotiator on the deal said today. No sale can proceed until the U.

Tags: Auto Parts, auto parts group, Brakes, Canadian Auto, Carmaker, Chief Negotiator, Consortium, General Motors, General Motors Co., Gm, Magna, Magna International, Magna International Inc, Opel, Percent Stake

Auto parts maker Gentex Corp. today posted a better-than-expected rise in third-quarter profit and forecast a strong increase in revenue for the fourth quarter, sending its shares soaring by more than 17 percent by midday.

Tags: Auto Parts, Fourth Quarter, Gentex Corp, Midday, parts maker, Quarter Profit, Shares

Auto parts maker Gentex Corp. today posted a better-than-expected rise in third-quarter profit and forecast a strong increase in revenue for the fourth quarter, sending its shares soaring by 18 percent.

Tags: Auto Parts, Fourth Quarter, Gentex Corp, Quarter Profit, Shares

Declining costs for labor and auto parts will allow automakers to make money at lower U.S. sales volumes next year, a J.D. Power and Associates analyst said.

Tags: Auto Parts, Automakers, Break, J D Power, J D Power And Associates, J.D. Power and Associates, Money, S Sales, Sales Forecast, United States

Declining costs for labor and auto parts will allow automakers to make money at lower U.S. sales volumes next year, a J.D. Power and Associates analyst said.

Tags: Auto Parts, Automakers, J D Power, J D Power And Associates, Money, S Sales

Johnson Controls Inc said that it expects to post higher sales and improved earnings while boosting global auto parts production in 2010 as U.S. stimulus efforts pay off and emerging markets gain.

Tags: Auto Parts, Earnings, Emerging Markets, Global Auto, Johnson Controls, Johnson Controls Inc, Stimulus, United States

Hertz Global Holdings Inc., the rental car company steered by former auto-parts executive Mark Frissora, has sued an analyst for defamation over a report suggesting Hertz could go bankrupt.

Tags: Auto Parts, Defamation, Global Holdings, Hertz Global Holdings Inc, Mark Frissora, Rental Car Company

Johnson Controls Inc. expects its non-battery auto parts division to be profitable this quarter, which marks the end of its fiscal year, an executive said, reaffirming guidance the supplier gave in July.

Tags: Auto Parts, Fiscal Year, Guidance, Johnson Controls, Johnson Controls Inc, Profitable Quarter