#YANFENG

Interiors

Adient Refocuses on Core Seating Business

Restructures joint ventures with Yanfeng, divests Recaro unit

Sales

Ford Reorganizes China Operations

Ford Motor Co. is adopting a single distribution channel in China and is making several executive changes to implement the strategy and reverse the company’s slumping sales in the country.

Autonomous Vehicles

Baidu, BlackBerry to Team on Autonomous Vehicle Tech

Waterloo, Ont.-based BlackBerry Ltd. and China’s Baidu Inc. have agreed to partner on software systems for self-driving vehicles.

Interiors

Yanfeng Opens New North American Headquarters

Shanghai-based Yanfeng Automotive Interiors officially opened its new North American headquarters in Novi, Mich., this week.

Interiors

Yanfeng Adds Second Interiors Plant in Czech Republic

China’s Yanfeng Automotive Interiors has opened a s second manufacturing plant in Plana nad Luznic, Czech Republic.

Business

FCA Honors Top N. American Suppliers

Fiat Chrysler Automobiles NV gave “Supplier of the Year” awards to 16 North American suppliers at a ceremony this week in Detroit.

Interiors

Yanfeng Adds Test Lab in Slovak Republic

China’s Yanfeng Automotive Interiors has opened a new test lab within the company's technical center in Trencin, Slovak Republic.

Business

Dongfeng Denies Merger with FAW

Dongfeng Motor Group Co. Chairman Zhu Yanfeng denies speculation that the company may merge with FAW Group Corp., China’s largest carmaker.

Interiors

Czech Plant Fire Could Disrupt Interiors Suppliers Worldwide

A major fire at a materials plant in Most, Czech Republic, has shut down the auto industry’s sole source of a polyurethane material used to coat such interior surfaces as door panels and instrument panels.

Production

Yanfeng to Move Michigan Headquarters to Novi

Shanghai-based Yanfeng Automotive Interiors plans to move its North American headquarters from Plymouth, Mich., to nearby Novi.

Mobility

GM Demos V2X Tech in China

General Motors Co. teamed with several Chinese organizations to demonstrate standardized connected vehicle technologies this week at the SAE-China Congress & Exhibition in Shanghai.

Business

Chinese, German Interior Specialists to Partner on “Smart” Surfaces

Shanghai-based Yanfeng Automotive Interiors and Germany’s Kostal GmbH have signed a memorandum of understanding to work together on “smart” interior surfaces.

Interiors & Electronics

China's Yangfeng Interiors Touts New Heated Armrest

Shanghai-based Yanfeng Automotive Interiors says it has developed a heated armrest for door panels that is significantly lighter and thinner than similar systems available on some high-end luxury models.

Economics

JCI’s Fourth-Quarter Earnings Plunge on Sale of Business Unit

Johnson Controls Inc. reports its net income from continuing operations in the fiscal fourth quarter ended Sept. 30 plummeted to $3 million from $331 million in July-September 2014.

Business

JCI May Sell Its Auto Business

Johnson Controls Inc. CEO Alex Molinaroli says the company is exploring a "full range" of options for separating its automotive unit, including a spinoff or sale.

Business

Dongfeng-FAW Merger Ahead?

Dongfeng Motor Group and FAW Group Corp. may be heading toward a merger, according to the China Daily.

Business

JCI, SAIC Unit Form Global Auto Interiors Venture

Johnson Control Inc. and a subsidiary of Shanghai Automotive Industry Corp. have signed an agreement to launch what they describe as the world's largest automotive interiors company.

Interiors & Electronics

JCI, SAIC Affiliate to Launch "World’s Largest" Auto Interiors Venture

Johnson Controls Inc. and a unit of Shanghai Automotive Industry Corp. have signed a definitive agreement to form what they describe as the world's largest automotive interiors company.

Business

Visteon Dumps China Interiors Venture, Bolsters Electronics Business

Visteon Corp. is selling off its stake in an interiors venture in China and buying majority control of a separate auto electronics partnership there.

Interiors & Electronics

Visteon Sells Stake in Chinese Auto Interiors Venture

Visteon Corp. has agreed to sell its 50% stake in its Shanghai-based interior joint venture, Yanfeng Visteon Automotive Trim Systems Co., to partner Huayu Automotive Systems Co. for $1.25 billion in cash.

Interiors

SAIC Unit to Buy Visteon’s Stake in Auto Interiors Venture

Visteon Corp. has agreed to sell its 50% stake in its Shanghai-based interior joint venture, Yanfeng Visteon Automotive Trim Systems Co., to partner Huayu Automotive Systems Co. for $1.25 billion in cash.

Production

China’s Yanfeng to Open Trim Plant in U.S.

Yanfeng USA Automotive Trim Systems Inc. plans to open a $45 million plant early next year near Kansas City, Mo.

Production

Chinese Supplier to Open Trim Plant in Kansas City

Yanfeng USA Automotive Trim Systems Inc. plans to open a $45 million plant early next year near Kansas City, Mo.

Visteon to Merge Climate-Control Unit in South Korea

Visteon Corp. says it will to sell its climate-control unit to its South Korean joint venture, Halla Climate Control Corp., to consolidate its operations in that sector.