Recent News

• Magna moving HQ to larger space in Michigan

  By: Kirk Pinho, Crain's Detroit Business Jun 18, 2013

  DETROIT—Magna International Inc. will relocate about 300 employees into 117,300 sq.-ft. office in a new Troy, Mich., headquarters by September.

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• Cost of rubber could escalate for suppliers

  By: David Sedgwick, Automotive News Jun 17, 2013

  GRAND RAPIDS, Mich.--If you're a supplier and you're worried about fluctuating costs of your raw materials, Honda, Ford, Toyota and Nissan are the best customers to deal with.

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• An inside job Organic growth drives Longwood's gains in automotive

  Jun 17, 2013

  WYTHEVILLE, Va.—Longwood Industries Inc. has been stressing organic growth in markets it serves for the last few years, rather than expansion through acquisitions.

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• Flexible Products owner Glenn Reid dies at age 81

  Jun 17, 2013

  AUBURN HILLS, Mich.—Glenn J. Reid, longtime president and owner of Flexible Products Co. who spent more than 65 years in the automotive industry, died May 25 at age 81. Reid bought the company, which was founded in 1946, in 1980. He had been picked by Michigan General Co. to operate three...

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• Firm: Dual-material seal reduces friction

  Jun 17, 2013

  PLYMOUTH, Mich.—A seal develop-ed by Freudenberg-NOK Sealing Technologies' Simrit business not only can reduce friction and increase durability, but as a component in air brakes or pneumatics could play a role in making a vehicle safer.

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• Continued success for auto suppliers requires innovation

  Jun 17, 2013

  Remember back in 2009, when the auto industry was on the skids? As General Motors and Chrysler headed to the cliff, “let them die” was a common refrain. “Let them live,” via a government bailout, in hindsight was the right answer. And not just for the thousands of people working for the two...

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• Survey shows little progress in supplier relations

  By: David Sedgwick Jun 17, 2013

  DETROIT—John Henke is a tough grader. Henke, CEO of Planning Perspectives Inc. in suburban Detroit, said North America's six major auto makers have made zero progress in improving relations with suppliers over the past year.

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• Forecast for N.A. auto production rises again

  By: David Sedgwick Jun 17, 2013

  DETROIT—Auto makers are expected to build more than 16 million light vehicles in North America this year, the region's highest output since 2002.

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• Florida eliminates ethanol requirement in gasoline

  Jun 14, 2013

  TALLAHASSEE, Fla.—Florida Gov. Rick Scott has signed into law a bill that repeals a statewide requirement for gasoline to contain at least 9-10 percent ethanol or other alternative fuel.

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• Court rules against auto suppliers involved in lawsuit

  By: Isabella Shaya, Automotive News Jun 14, 2013

  DETROIT—Several major auto suppliers named in an ongoing federal antitrust lawsuit have lost bids to have the case dismissed or to be removed from the government's probe into wire harness pricing.

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