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Italy's GSI Group opening 3 plants in Brazil


August 1, 2014 9:18 am ET

The producer of assembled plastic parts for machinery and vehicle manufacturers invested $15.5 million over the past year in three new production plants in Brazil.

Private equity firm buys majority share of truck accessory maker


July 31, 2014 10:30 am ET

A majority share of Ann Arbor, Mich.-based truck accessory manufacturer Tectum Holdings Inc. has been acquired by Boston-based private equity firm TA Associates Management LP.

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Molder WeatherTech will make a national pitch at this year's Super Bowl


January 30, 2014 10:10 am ET

Automotive floor mat manufacturer MacNeil Automotive Products Ltd. -- which makes and sells products under the WeatherTech brand -- has bought 30 seconds of time for a national commercial on Fox during the Super Bowl on Feb. 2.

Visteon becomes a global player in auto interior electronics


January 29, 2014 11:18 am ET

With the $265 million acquisition of Johnson Controls Inc.'s electronics unit — which makes instrument clusters, infotainment displays and body electronics — Visteon Corp. estimates that its electronics operation will generate annual sales of $3 billion.

Grammer opens new auto parts plant in Serbia


January 28, 2014 11:15 am ET

German seating systems and automotive component maker Grammer AG has expanded its production capacity in Serbia with the recent launch of its second plant in the south east of the country.

Henniges Automotive acquires Chinese joint venture


January 22, 2014 11:10 am ET

Henniges Automotive Holdings Inc. has acquired the remaining 40 percent it didn't own of Beijing Wanyuan-Henniges Sealing Systems Co. Ltd., its Chinese joint venture with China Academy of Launch Vehicle Technology.

Auto suppliers eye presence in Russian market


January 22, 2014 10:48 am ET

Russia's “weak” auto parts industry is expected to improve as Tier 1 suppliers such as Visteon Corp. and Robert Bosch GmbH increase their presence in the market and component makers such as GKN Driveline, TRW Automotive and Getrag consider setting up operations there.

SMP builds car bumper plant in Germany


January 22, 2014 10:42 am ET

Indian owned automotive supplier Samvardhana Motherson Peguform (SMP) is constructing a second vehicle components plant in Bavaria, Germany, which is set to start up in November.

Autocomponent Group buys Russian auto supplier


January 20, 2014 2:18 pm ET

Fresh consolidation in Russia's auto parts manufacturing sector has seen Autocomponent Group acquire the bankrupt supplier OAO Plastik of Syrzan.

Antolin builds new auto lighting plant in Romania


January 16, 2014 11:05 am ET

Spanish auto parts maker Grupo Antolin is expanding its vehicle lighting product operations in Romania with the launch of a major new plant in 2014

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