Automotive industry company news
The second part of this month’s briefing reviews just some of the supplier autonomous driving innovations that caught our eye in the consume...
Continuing just-auto's series of interviews with tier one suppliers, this week Matthew Beecham talked with Detlef Jürss, group vice presiden...
There is much more to the IAA in Frankfurt than a dazzling array of new cars. At the world's biggest auto show, suppliers' stands bristled with lightweight innovations to help reduce emissions as well as improve driver safety, comfort and communications. Matthew Beecham caught-up with executives from some of the world's leading component suppliers. This first instalment summarises the main IAA technology messages from Tedrive Steering, Johnson Controls, Continental and Hella.
The big news this week was that Jaguar Land Rover announced a plan to build a 300,000-unit capacity plant in Slovakia. We knew that a plant in Central/Eastern Europe was under consideration as part of the Tata-owned premium firm's fairly ambitious growth plans.
Driver assistance systems use a combination of warnings and some degree of active intervention to help steer the driver away from trouble. Although the accent is on giving assistance to the driver rather than take control away, motorists are still wary about cars that supposedly drive themselves. While active intervention clearly holds many possibilities, it is also fraught with difficulty. Matthew Beecham considers the stage we have reached with three advanced driver assistance systems (ADAS), rearview cameras, autonomous emergency braking (AEB) systems and head-up displays (HUDs) in cars. This second instalment considers AEB and HUDs.
Continuing just-auto's series of research snapshots - pulled from its automotive research platform, QUBE - Matthew Beecham reviews the blossoming market for start-stop applications and some implications for batteries and lubricants.
Last summer saw the official launch of Yanfeng Automotive Interiors (YFAI), a joint venture between Yanfeng Automotive Trim Systems Co Ltd and Johnson Controls. YFAI has sales revenues of some $8.5 billion, an order backlog of $10 billion and expectations to gain further market share in China and other Asian markets. Its product portfolio includes instrument panels and cockpit systems, door panels, floor consoles and overhead consoles. Matthew Beecham caught up with Han Hendriks, Vice President Advanced Product Development & Sales at YFAI to learn more about the company’s growth prospects.
Continuing just-auto's series of interviews with tier one suppliers, Matthew Beecham talked with Dr. Detlef Jurss, group vice president and general manager Seating Components, Johnson Controls Automotive Seating.
Johnson Controls has reported a Q2 net loss of EU$530m from continuing operations with US9bn of revenue, down from US$9.2bn.
Yanfeng Automotive Interiors (YFAI), is to establish a new manufacturing site in Planá nad Luznici, Czech Republic, creating around 300 jobs as it comes on stream in early 2018.
Johnson Controls booked net income of $450m (down 5% year on year) on $8.9bn in revenues in the first fiscal quarter of 2016 which, according to Reuters, missed analysts' forecasts for $9.29bn. Earnings per share were up 11% to $0.82, as analysts expected.
A big deal under which Johnson Controls would acquire Tyco, a fire protection and security company, is said to be at an ‘advanced’ stage of discussions.
Johnson Controls plans to increase the production of automobile batteries used in start-stop systems in China. Currently, only 5% of vehicles sold in the country have such systems but the supplier expects this to rise to 40% by 2020 due to stricter fuel-efficiency standards.
Newly-formed component giant, Yanfeng Global Automotive Interior Systems (YFAI), says it believes the US will continue its remarkable automotive comeback after the global economic recession and will post growth of up to 2%.
Johnson Controls has announced that it is planning to reduce its global salaried workforce by as many as 3,000 people, or 2.5% of total employees, through initiatives designed to ultimately deliver up to $250 million in annual cost savings. It said the reductions will take place over the next two years.
Newly-formed component giant, Yanfeng Global Automotive Interior Systems (YFAI), says it aims to rapidly achieve US$10bn annual sales as the pace of worldwide supplier consolidation gathers momentum. YFAI is the joint venture between Yanfeng Automotive Trim Systems and Johnson Controls formed in July this year and has already showcased its ID16 concept car, outlining 30 interior innovations such as a retractable steering wheel, in anticipation of autonomous driving, to a catchbin for dropped coins.
As vehicle makers come under tighter CO2 emission limit rules, Johnson Controls says it sees a further opportunity to take weight out of seats. Johnson Controls says it has made lightweight construction a priority in its research and development.
Johnson Controls says it is adding Absorbent Glass Mat (AGM) battery production capacity in response to growing demand. AGM is the technology at the heart of a Start-Stop system, which it claims delivers consumers an average of 5% fuel savings.
Johnson Controls says it plans to build a new automotive battery manufacturing facility in the city of Shenyang in northeastern China.
Johnson Controls says it will present a concept at Frankfurt that addresses urban mobility trends towards lightweight, individual design solutions and autonomous driving.
Johnson Controls is to increase existing Absorbent Glass Mat (AGM) battery capacity in its Toledo, Ohio plant, bringing the overall invested amount to US$130m since the start of production for the technology in the US in 2012.
Johnson Controls has confirmed speculation circulating last month it was to divest its automotive business by announcing plans to spin off the division in around 12 months.
Seat has suspended Spanish production following a strike at Johnson Controls Eurosit which supplies seats.
Yanfeng Automotive Interiors, a joint venture between Huayu Automotive Systems (HASCO) subsidiary Yanfeng Automotive Trim Systems and Johnson Controls (JCI), has been launched.
Johnson Controls has appointed former investment banker Greg Guyett as executive vice president, corporate development, effective 10 August.
Reliable sources close to Johnson Controls say it "looks likely there is no future" for the automotive sector within its portfolio.
Johnson Controls said on Wednesday (10 June) it was exploring "strategic options for the separation of its automotive business".
Pricol, a supplier of automotive instrument clusters in India, has bought Johnson Controls' 50 percent stake in its joint venture, known as Johnson Controls Pricol Pvt Ltd (JCPPL) for some US$3.1 million.
Johnson Controls is partnering with Lawrence Technological University (LTU) to test and develop battery systems in vehicles aimed at helping automakers meet increasing fuel economy and emissions standards.
Visteon Corporation has posted net profit of US$50m with sales of US$2.03bn for the first quarter of this year.
Consolidation in the supplier sector continues apace. Companies are positioning themselves to be well placed for future growth; that means reviewing product portfolios, technology capabilities, market geography and degrees of specialisation. It can lead to M&A activity and it can also mean the divestment of company business units, too.
The product space just below the 'conventional car' is an intriguing one.
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Aisin Seiki Co., Ltd. (Japan)
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