Author: Automotive News Feed

Auto supplier Mubea today opened a factory that makes tailored rolled blanks in northern Kentucky. The $60 million, 75,000-square-foot factory will supply various automakers and is expected to create around 150 jobs by 2014.

Lear, which counts on Europe for more than one-third of its business, raised its full-year sales and operating profit forecast as demand rose for its auto seats and electric power systems.

Workers at French supplier Faurecia’s U.S. plant in Louisville, Kentucky, have elected to join the United Auto Workers union.

Spain’s government offered the fourth car incentives program in a year, extending a program to boost sales as the economy tries to emerge from a two-year recession.

Warranty claims reported by publicly traded companies range from $11 billion to $13 billion a year. That’s a powerful incentive for automakers to hold suppliers liable, and they generally find ways to do so.

At their worst, big recalls can lead to upset customers and months of bad press for automakers.

Electric car maker Tesla Motors is aiming to sell around 10,000 cars a year in Germany by 2015 as it builds out its networks of charging stations, CEO Elon Musk told a German paper.