Automotive News - October 6, 2008 - (Page 32A) OCTOBER 6, 2008 • 32A Suppliers to the 2009 Mazda6 CENTER HIGH-MOUNT STOP LAMP Meridian KEYLESS ACCESS SYSTEM Continental B-PILLAR INNER Noble SUNROOF Webasto HAND-OPERATED PARKING BRAKE KSR Automotive INTERIOR AUTO DIMMING MIRROR Gentex DRIVER SEAT MANUAL LUMBAR L&P Automotive INSTRUMENT CLUSTER Nippon Seiki WINDSHIELD Saint-Gobain Sekurit PEDAL BOX CONTROLS Methode Electronics PEDAL SENSOR Hella PISTON PINS BurgessNorton INTAKE AND EXHAUST VALVES TRW AIR CLEANER SYSTEM Mann+Hummel CYLINDER HEAD GASKET ElringKlinger ENGINE COVER Miniature Precision Components AIR INTAKE MANIFOLD Montaplast ALUMINUM HEAT SHIELDS Narmco Group WIRE HARNESS PROTECTION TUBING Delfingen DUAL MASS FLYWHEEL FAG; LuK AIR CONDITIONING JUMPER LINE TI Automotive HEATING AND VENTILATION COOLANT SYSTEM Cooper-Standard TENSIONER Gates TIRE PRESSURE MONITORING SYSTEM Continental BRAKE HOSE ASSEMBLIES Hitachi Cable VALVE LASH ADJUSTMENT ELEMENTS INA STAMPINGS AND WELDED ASSEMBLIES Cosma JOUNCE BUMPERS Vibracoustic STABILIZER BAR ArvinMeritor ARMREST FOAM CORE Woodbridge Group SPOILER ABC Group TRUNK FLOOR DAMPERS UGN FUEL TANK COATING Magni ELECTROCOAT PPG Industries REAR SUSPENSION COIL SPRING Mubea STAINLESS STEEL EXHAUST TIP Valor Manufacturing REAR BRAKE CALIPERS Hitachi Automotive/Tokico REAR WHEEL SPINDLE FORGINGS American Axle POWER SEAT ADJUSTERS Johnson Electric FRONT CONSTANT VELOCITY JOINT HALFSHAFTS NTN MANUAL SEAT-HEIGHT ADJUSTER Brose CATALYTIC CONVERTER Faurecia GLASSBONDING SYSTEMS Dow Automotive PASSENGER AIRBAG MODULE Takata ALTERNATOR Mitsubishi Electric AWD COUPLING JTEKT Suppliers wanted: If you are a supplier and have questions or want your information considered for our car cutaways, contact Steven Wingett at: automotivenews@supplierbusiness.com Suppliers cut staff, output to cope with downturn Douglas A. Bolduc dbolduc@craincom.de Supplier executives face difficult times as auto production slows in Europe and North America, raw material prices continue to rise and automakers ask for lower prices. Lars Holmqvist, CEO of the European supplier association CLEPA, says the combination of these factors has led to a negative outlook among parts makers about the economic situation. “The common opinion is this is the worst we have seen for the last 20 years,” Holmqvist says. He says just about every supplier he has spoken with is considering cutting production shifts, closing plants and laying off staff. “It varies from 1 percent to 5 percent of the work force,” Holmqvist says. Interiors specialist International Automotive Components Group is cutting staff in Sweden. IAC Europe will trim 280 jobs there and has warned of deeper cuts and possible plant closures because of declining orders from Volvo and Saab. Both brands have reported poor new-car sales in the United States and Europe. Another way that suppliers are bracing for tough times is by lowering their profit expectations. Last month, Continental AG announced that the worsening economic environment has pushed it to change its anticipated operating profit margin to about 8.5 percent this year. The German supplier’s aim was 9.3 percent. CEO Karl-Thomas Neumann has lowered Continental’s profit forecast for this year. The supplier is sticking to its forecast of 26.4 billion euros (about $38.58 billion) in sales for this year. HSBC analyst Horst Schneider says one of the challenges facing new Continental CEO Karl-Thomas Neumann is making sure he protects company profits in the face of production cuts. “Neumann has to deal with the changing conditions,” Schneider says. “More smaller cars are in demand now. That means a slump for Continental’s margin.” Valeo SA also is making adjustments. The French supplier will stop making rear lights at its factory in Neuses, Germany. The decision will affect 200 workers at the plant, which will continue to make windshield wipers. The French parts supplier will shift production of rear lights to factories in France and Poland. CLEPA’s Holmqvist says the downturn has pushed suppliers and automakers to work even closer together. He says cooperation will be crucial to survival. That is why he thinks now is the time to concentrate on developing cars that are safer and better for the environment. c http://www.csmauto.com http://www.csmauto.com
Table of Contents Feed for the Digital Edition of Automotive News - October 6, 2008 Automotive News - October 6, 2008 Many dealers floored by floorplan limits, costs THE GREAT COLLAPSE September was awful, and 2009 looks ugly GMAC is out of leasing — at least for now Versical, Nussel take new Automotive News posts GM to shut Ohio SUV plant 2 years ahead of plan VW commits to minority purchasing goals in Tenn. Chrysler exec to outline EV strategy at green conference Automakers are high on electrics Dealers give mixed reactions to Chrysler incentive program Chrysler boosts 2009 vehicle prices Lenders move fast to liquidate Heard's stores Mazda Kiyora Toyota, Audi mull tiny cars for U.S. Audi to decide next year on U.S. production Volvo plans diesel hybrid by 2012 Coupelike styling is back in a big way Honda Insight target price: Around $19,000 Mercedes plans U.S. sales of hybrids in S, E, C classes BMW is working on 2 small crossovers VW-Porsche feud risks growth plans Let's get clunkers off the road and spur the economy Europe: Still very different from us It could improve Caddy's image Shouldn't Cadillac try something new? A 4-cylinder is just what Cadillac needs Government's a player in Europe, too The Chevy Cruze should be big news Simple steps would revive industry Ford stops buying nonessential factory supplies Chevy, Mazda execs to speak at congress Automakers find India tough market to conquer Mahle CEO: Most engines will be smaller by 2012 GM begins streamlining purchasing TL stretches factory's flexibility Personnel Study: Dealers gain on independent shops Chrysler offers service contracts on certified vehicles No label Flashes of genius, years of turmoil VW seeks excitement with Routan, CC, Rabbit Sales soft, but Europeans plan to expand lineups 2010 redesign planned for Bentley flagship Alfa beyond Competizione Ferrari: Recession-proof and turning ... green? Maserati: Sporty gets even sportier Uncertainty surrounds Volvo's product plan Rolls-Royce goal: Add customers Panamera: Can Porsche defy skeptics again? Audi longs to join luxury big-leaguers in U.S. BMW plans more variants beyond sedans, wagons Under new owner, Aston Martin back in the race Lagonda's forte: Luxurious sedans that go very fast Couped-up? Lamborghini considers a sedan 250-mph Bugatti boosts the excitement Mercedes returns to the luxury suite Mini follows BMW's lead Smart ambitions, like car, remain small Suppliers cut staff, output to cope with downturn Driver monitoring systems differ High-tech mirrors are poised to make big gains IAC will open first India plant Supplier personnel Engineers call for common electric car standards Land Rover aims to boost the fuel economy of its SUVs Maybach adds open-top 62S Landaulet Saab gets a crossover in 2009; everything else is on hold Jaguar regains its focus on low volume, high end Dealers Economic winds batter Sept. sales Jaguar Land Rover joins group Ford aids minority suppliers CarMax plans 600 job cuts Ruling could ease disputes Feds seek more time for roof strength rule Suzuki seeks floorplan credit partner for dealers Toyota battles Detroit 3 with cheap loans $25 billion: How'd they do that? Peapod: Innovator's little big idea FOR SALE: Heard condos, mansion, jet Is film a flash in the pan? Ford hopes so VW: Next New Beetle will be 'more mature' Renault's U.S. ally of choice? Probably not Chrysler Automotive News - October 6, 2008 Automotive News - October 6, 2008 - GMAC is out of leasing — at least for now (Page 1) Automotive News - October 6, 2008 - GMAC is out of leasing — at least for now (Page 2) Automotive News - October 6, 2008 - Automakers are high on electrics (Page 3) Automotive News - October 6, 2008 - Lenders move fast to liquidate Heard's stores (Page 4) Automotive News - October 6, 2008 - Lenders move fast to liquidate Heard's stores (Page 5) Automotive News - October 6, 2008 - Volvo plans diesel hybrid by 2012 (Page 6) Automotive News - October 6, 2008 - Volvo plans diesel hybrid by 2012 (Page 7) Automotive News - October 6, 2008 - BMW is working on 2 small crossovers (Page 8) Automotive News - October 6, 2008 - BMW is working on 2 small crossovers (Page 9) Automotive News - October 6, 2008 - VW-Porsche feud risks growth plans (Page 10) Automotive News - October 6, 2008 - VW-Porsche feud risks growth plans (Page 11) Automotive News - October 6, 2008 - A 4-cylinder is just what Cadillac needs (Page 12) Automotive News - October 6, 2008 - A 4-cylinder is just what Cadillac needs (Page 13) Automotive News - October 6, 2008 - Simple steps would revive industry (Page 14) Automotive News - October 6, 2008 - Simple steps would revive industry (Page 15) Automotive News - October 6, 2008 - Chevy, Mazda execs to speak at congress (Page 16) Automotive News - October 6, 2008 - Chevy, Mazda execs to speak at congress (Page S-1) Automotive News - October 6, 2008 - Chevy, Mazda execs to speak at congress (Page S-2) Automotive News - October 6, 2008 - Chevy, Mazda execs to speak at congress (Page S-3) Automotive News - October 6, 2008 - Chevy, Mazda execs to speak at congress (Page S-4) Automotive News - October 6, 2008 - Chevy, Mazda execs to speak at congress (Page S-5) Automotive News - October 6, 2008 - Chevy, Mazda execs to speak at congress (Page S-6) Automotive News - October 6, 2008 - Chevy, Mazda execs to speak at congress (Page 16A) Automotive News - October 6, 2008 - Automakers find India tough market to conquer (Page 16B) Automotive News - October 6, 2008 - Automakers find India tough market to conquer (Page 16C) Automotive News - October 6, 2008 - GM begins streamlining purchasing (Page 16D) Automotive News - October 6, 2008 - Personnel (Page 17) Automotive News - October 6, 2008 - Personnel (Page 18) Automotive News - October 6, 2008 - Personnel (Page 19) Automotive News - October 6, 2008 - Chrysler offers service contracts on certified vehicles (Page 20) Automotive News - October 6, 2008 - Flashes of genius, years of turmoil (Page 21) Automotive News - October 6, 2008 - Sales soft, but Europeans plan to expand lineups (Page 22) Automotive News - October 6, 2008 - Alfa beyond Competizione (Page 23) Automotive News - October 6, 2008 - Alfa beyond Competizione (Page 24) Automotive News - October 6, 2008 - Alfa beyond Competizione (Page 25) Automotive News - October 6, 2008 - Rolls-Royce goal: Add customers (Page 26) Automotive News - October 6, 2008 - Rolls-Royce goal: Add customers (Page 27) Automotive News - October 6, 2008 - Panamera: Can Porsche defy skeptics again? (Page 28) Automotive News - October 6, 2008 - Panamera: Can Porsche defy skeptics again? (Page 29) Automotive News - October 6, 2008 - BMW plans more variants beyond sedans, wagons (Page 30) Automotive News - October 6, 2008 - Couped-up? Lamborghini considers a sedan (Page 31) Automotive News - October 6, 2008 - Smart ambitions, like car, remain small (Page 32) Automotive News - October 6, 2008 - Suppliers cut staff, output to cope with downturn (Page 32A) Automotive News - October 6, 2008 - Driver monitoring systems differ (Page 32B) Automotive News - October 6, 2008 - High-tech mirrors are poised to make big gains (Page 32C) Automotive News - October 6, 2008 - Engineers call for common electric car standards (Page 32D) Automotive News - October 6, 2008 - Jaguar regains its focus on low volume, high end (Page 33) Automotive News - October 6, 2008 - Dealers (Page 34) Automotive News - October 6, 2008 - Dealers (Page 35) Automotive News - October 6, 2008 - Dealers (Page 36) Automotive News - October 6, 2008 - Dealers (Page 37) Automotive News - October 6, 2008 - Dealers (Page 38) Automotive News - October 6, 2008 - Dealers (Page 39) Automotive News - October 6, 2008 - Dealers (Page 40) Automotive News - October 6, 2008 - Economic winds batter Sept. sales (Page 41) Automotive News - October 6, 2008 - Economic winds batter Sept. sales (Page 42) Automotive News - October 6, 2008 - Feds seek more time for roof strength rule (Page 43) Automotive News - October 6, 2008 - Toyota battles Detroit 3 with cheap loans (Page 44) Automotive News - October 6, 2008 - Toyota battles Detroit 3 with cheap loans (Page 45) Automotive News - October 6, 2008 - Renault's U.S. ally of choice? Probably not Chrysler (Page 46) Automotive News - October 6, 2008 - Renault's U.S. ally of choice? Probably not Chrysler (Page 47) Automotive News - October 6, 2008 - Renault's U.S. ally of choice? Probably not Chrysler (Page 48)
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