Visteon Announces First Quarter 2014 Results
Company reports sales of $1.98 billion.
Johnson Controls Reports Second Quarter Earnings
For the second quarter of fiscal 2014, Johnson Controls has reported net income of $261 million, or 39 cents per share, on $10.5 billion in revenues.
HELLA Says Lighting Will Play Major Role In Future Auto Interior Design
Lighting is not a significant factor in the design of most passenger-car and commercial-vehicle interiors today, but HELLA predicts that the use of ambient LED lighting in North America will more than quadruple over the next five years.
David Alkire Joins Distinctive Industries as Regional Sales Manager
In his new role, Alkire will focus on relationship- and business-development opportunities, as well as customer outreach.
The AMN Week in Review (Jan. 3-7, 2011)
The AMN Week in Review offers a snapshot of the most highly read stories of the week as seen on aftermarketNews. To access the complete stories, simply click on the highlighted links. If you missed reading one of our daily news emails, just click on the link that says “News Archives” at the bottom of the page to begin catching up on the latest industry news.
Visteon Opens Manufacturing Facility in Kaluga, Russia
New plant to supply door panels and other interior components to Volkswagen; prepares supplier for future growth in Russia.
Visteon Rejects Johnson Controls’ Proposal to Purchase Certain Assets
Visteon’s board unanimously concluded that Visteon stakeholders, customers and employees would be best served by moving forward with its reorganization plan to emerge from Chapter 11 as a stand-alone company.
Johnson Controls Makes Unsolicited Bid for Certain Visteon Assets
JCI offered Visteon $1.25 billion in cash for its interiors and electronics businesses; however Visteon said JCI’s proposal lacked important information and was “vaguely defined.”
Visteon U.K. Subsidiary Files for Administration; Business Now Under Court-Appointed Control
The administration order places Visteon U.K. Ltd. under the control of court-appointed administrators from KPMG.
Johnson Controls Study Looks for Female Perspective on Vehicle Interior Design
When choosing a vehicle, women want design options that offer flexibility, allow them to connect to the outside world and offer more storage space. These are some of the key findings from a study conducted by Johnson Controls (JCI) in the U.S. and Europe. The company will utilize the data to inspire and drive industrial design and new product development that meets the evolving needs of women. To explore women’s current values, motivations and concerns and to better understand how the female perspective influences interior vehicle needs, Johnson Controls conducted a qualitative research study. A multi-method research approach of individual interviews, duo in-home interviews and focus groups were conducted in Chicago, Boston, Germany and the Czech Republic in the fall of 2007.