Suppliers

U.S. supplier IAC wins in Europe by focusing on premium automakers

U.S.-based International Automotive Components Group has seen a decline in its heartland, which has helped boost the prominence of its European unit. The division's boss, Jonas Nilsson, told Automotive News Europe how he plans to further grow the supplier's European business.


Calsonic lines up $5.9 billion for Magneti takeover, report says

Calsonic Kansei has lined up around 5 billion euros ($5.9 billion) in financing from Japanese banks to help fund its proposed acquisition of FCA's Magneti Marelli unit, Reuters reported.

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