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Autoliv CEO says demand still firm, repeats outlook
Fri, 3 Sep 2010 09:16:00 EST
Autoliv, the world's biggest maker of airbags and seat belts, has seen no decline in demand despite slower car production in the second half of the year, its top executive said on Friday.
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Preh to establish JV with private Chinese supplier
Thu, 2 Sep 2010 06:02:00 EST
German automotive parts supplier Preh GmbH plans to set up a manufacturing joint venture in the east China city of Ningbo with local partsmaker Joyson Automotive Electronic Holding Co.
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Continental bondholders can't block Schaeffler deal
Thu, 2 Sep 2010 05:16:00 EST
Debtholders subscribing to Continental's junk bond issue will not be able to block a potential merger with controlling owner Schaeffler, Conti's finance chief said.
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