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INDUSTRY NEWS

What a $12 billion auto parts deal says about the future of driving
Bloomberg
ZF Friedrichshafen, a German auto parts giant, has just agreed to shell out $11.7 billion for TRW Automotive, its Michigan-based rival. The offer represents a 16 percent premium over TRW’s recent market value, and yet for ZF it is still a safety play — literally.
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Tire-makers cautious about 2nd half prospects
Tire Business
For the most part, the world’s major tire-makers are optimistic that global economic conditions will support growth, albeit marginal growth, in the second half of 2014 and into 2015. At the same time, stable to falling raw materials prices have prompted several tire-makers to revise upward their earnings forecasts for the full fiscal year. With a few exceptions, most of world’s major publicly traded tire companies reported double-digit gains in operating income for the first half of fiscal 2014 on single-digit sales increases.
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Recalls reach 14 million cars for exploding airbags
PBS
Airbags are a major defense for car passengers in an accident. But airbags supplied by the Takata Corporation to several automakers have been found to rupture or explode after a front crash, causing serious injuries and two deaths. Recalls related to the defect have now exceeded 14 million.
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Automakers stuck on structural adhesives for new cars
Autoblog
Whether shedding pounds to gain speed or points of fuel economy, weight is always the enemy when it comes to automotive efficiency. With increasing regulation forcing automakers worldwide to find ways to reduce emissions and boost mileage while simultaneously improving crash-test results, the challenge of shaving off mass while adding strength is one of the toughest challenges facing the industry. One way that automakers are finding ways to cut the fat includes replacing old-fashioned bolts, screws and even welds in favor of structural adhesives.
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What a $12 billion auto parts deal says about the future of driving
Bloomberg
ZF Friedrichshafen, a German auto parts giant, has just agreed to shell out $11.7 billion for TRW Automotive, its Michigan-based rival. The offer represents a 16 percent premium over TRW’s recent market value, and yet for ZF it is still a safety play — literally.

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Mastering the fine art of pricing
Modern Tire Dealer
Price, price, price, price, price, price, price…everybody is talking about tire prices. Independent tire dealers have a lot to say about this subject, and rightly so. Tire dealers are talking about all phases of tire pricing, what they pay for tires and what they charge (or can charge) for tires.

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Tire prices fell in August, ending streak
Modern Tire Dealer
Tire pricing in the aftermarket took a step backward in August. So says industry analyst Nick Mitchell.

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Barra: GM has substantially completed vehicle recalls
Automotive News
General Motors has “substantially completed” its vehicle recalls, CEO Mary Barra said. “We’re working hard to make sure that as new vehicles come out, they achieve even higher levels” of quality and safety, Barra told reporters in New Delhi, India, recently. “We’re very focused to being industry leaders.” Barra, who has been before congressional panels four times over the recalls since becoming the first female CEO of a global automaker in January, reiterated the company’s commitment to putting the consumer first.
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Auto repair shops face off against insurers over payments
Orlando Sentinel
Auto repair shops across the United States are suing insurance companies, including the nation's largest — State Farm — in a series of lawsuits that will be heard in Orlando, Florida. The auto repair shops claim that the insurance companies don't pay enough to adequately repair cars.
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TRENDING ARTICLES
Missed last week's issue? See which articles your colleagues read most.

    Tire prices fell in August, ending streak (Modern Tire Dealer)
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Nonrecall actions raise questions on safety info disclosure (Automotive News)
Tire-makers study dandelion as substitute rubber source (MSN Autos)

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How to measure your social media strategy
By Mayur Kisani
Measuring the ROI from social media is a widely debated topic. Marketers around the world have their most important task set out for them: What are the benefits of their marketing efforts? Then arises the next question: Can the ROI from social media be measured? The answer is yes. But it's not always easy. Here are six fundamental points to consider.
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Pirelli recognized as sustainability leader
Tire Review
Pirelli has been nominated the world leader in the ATX Auto Components sector of the Dow Jones Sustainability indices for the eighth consecutive year. The tire-maker earned a score of 85 of 100 compared with a sector average of 48 of 100.
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