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Monday, December 22nd, 2014

Business Intelligence Group's Automotive NewsWire

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Welcome to Automotive NewsWire. What you will read here, daily, comes from a passion, love and respect for the automotive industry, not just today, but going back to the end of the 19th Century and into the future. We call it perspective. And thatís what we attempt to do. We put todayís automotive news into perspective. We enjoy writing it and our readers enjoy reading it.
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Today's Headlines

AIRBAGS: Takata CEO Sends Letter to Industry Via Newspaper Ads

Friday, December 19th, 2014

Takata Corp.'s Chairman and Chief Executive Shigehisa Takada took what appears to be an unprecedented step yesterday by distributing an open letter in European and U.S. newspapers apologizing for the issues related to its defective airbags and vowing to take steps to fix the problem.

In advertisements appearing in the New York Times, The Wall Street Journal and The Detroit Free Press, Mr. Takata said his company would triple capacity to test its airbag inflators.  "Even one failure is unacceptable and we are truly and deeply saddened that five fatalities have been attributed to auto accidents where Takata air bags malfunctioned," the executive wrote.

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RUBLE RUBBLE: Russian Economy Casts Many Doubts

Friday, December 19th, 2014

You name the car company or the Tier I supplier and you would be hard pressed to find one that hasn't invested heavily in the Russian auto market.  Just examine some our headlines for 2012 alone.  Go to autonewswire.net and search on Russia for a full list of articles we've published related to automotive news in Russia.

RUSSIA SALES: 2011 Was Up but Doubts Remain for 2012 01/13/2012 Published [open]
RUBBER: Lan…

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BATTERIES: Teijin to Boost Capacity for Li-ion Separators

Friday, December 19th, 2014

Japan’s Teijin Ltd., Tokyo, announced today that it plans to open a second production line for lithium-ion secondary battery separators next week. 

Teijin already produces two types of its trademarked Lielsort separators, one of which is a polyethylene (PE)-based material coated with meta-aramid material and the other coated with an electrode adhesive, oxidation resistant fluorine-based compound. 

T…

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BATTERIES: Teijin to Boost Capacity for Li-ion Separators

Friday, December 19th, 2014

Japan’s Teijin Ltd., Tokyo, announced today that it plans to open a second production line for lithium-ion secondary battery separators next week. 

Teijin already produces two types of its trademarked Lielsort separators, one of which is a polyethylene (PE)-based material coated with meta-aramid material and the other coated with an electrode adhesive, oxidation resistant fluorine-based compound. 

T…

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RUBLES: Russia's Ruble in a Rubble; There Goes That Market

Thursday, December 18th, 2014

On the heels of a national speech delivered yesterday by Russian President Putin, several international auto manufacturers took steps to cut their losses in the economic-torn Russia.  While several automakers, including Ford Motor and General Motors have already cut back auto assembly in Russia, several auto manufacturers today announced they will stop shipping vehicles to Russia because of the collapse of the ruble.  The move will stunt automaker sales in a market that for once seemed poised to grow, but once again has fallen apart.

General Motors, Audi, and Jaguar Land Rover all announced today that they will stop supplying vehicles to the Russian market as a result of…

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ASSEMBLY: Ford Shutters Genk Plant in Belgium

Thursday, December 18th, 2014

Ford Motor Co. announced two years ago that its Genk, Belgium, assembly plant was targeted for closure and yesterday the company reports that it produced its last car there, moving production to a more modern facility at Valencia, Spain. 

Some 4,000 Belgians worked at the plant that over 50 years assembled a variety of Ford mo…

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