Delphi has reinforced its ambitious intentions with the US$962m buy of FCI Group's Motorised Vehicles Division (MVL), which it says will allow it to use part of its significant cash strength and bolster its presence in the connector sphere.
The deal - Delphi's first major purchase since restructuring - will see MVL become part of Delphi's Electrical/Electronic Architecture (EEA) segment - a global provider of interconnection systems for use in safety restraint systems, powertrain and electrical vehicles. In the first part of two interviews, Delphi CEO, Rodney O'Neal talked to Simon Warburton from the supplier's global headquarters in Troy, Michigan about that deal and Delphi's aspirations.
Shanghai Automotive Industry Corporation (SAIC) has approved the sale of 1% in the Shanghai-GM joint venture back to venture partner General Motors in a move that will give GM a greater say in the JV's future operations.
Shanghai Automotive Industry Corporation (SAIC) has approved the sale of 1% in the Shanghai-GM joint venture back to venture partner General Motors in a move that will give GM a greater say in the JV's future operations.
European Commission has approved Eastman Chemical's acquisition of chemical provider Solutia.
Nissan's global production in April increased 49% year on year to 369,522 units, marking an all-time record for the month of April.
Sure, we didn't take delivery of our little red and white Fiat 500 C until winter was fast closing in, but that didn't stop us from seeking out as much sunshine as we could.
The owners of Lotus said they have no plans to sell the UK sports car brand despite the suspension of CEO Dany Bahar. Bahar's suspension fueled fears that DRB-Hicom is preparing to sell the money-losing automaker.
The owners of Lotus said they have no plans to sell the UK sports car brand despite the suspension of CEO Dany Bahar. Bahar's suspension fueled fears that DRB-Hicom is preparing to sell the money-losing automaker.
European association of automotive suppliers, CLEPA, is backing the FIA's Action for Road Safety campaign as studies reveal driving fatalities are the main cause of death among young people aged 15-29 years with nine out of ten victims living in developing countries.
Nissan, Japan's No. 2 automaker, will start making Infiniti cars at a 2-billion-yuan ($315 million) plant in China from 2014 as it moves to challenge the dominance of German rivals in the world's largest auto market.
Nissan has selected its Barcelona plant as the sole global location to build the brand's second electric vehicle, the e-NV200.
At a ceremony held in Beijing today, the governments of Sweden and China signed a letter of intent to expand their cooperation in the area of road safety.
Vauxhall has signed a three-year contract extension with Norbert Dentressangle for the overnight distribution of automotive parts to 300 Vauxhall and Chevrolet retailers across the UK.
Volkswagen has launched a new Small Business Leasing programme, aimed at opening up new fleet opportunities for Volkswagen retailers, and enabling them to better meet the needs of small and medium enterprises (SMEs) in their local areas.
ACEA, CLEPA and EURELECTRIC have jointly agreed on the need for a single harmonised plug system for the recharging of electric vehicles and are urging the European Commission to implement a single solution.
The Dongfeng Nissan joint venture has named the plant at which Infiniti vehicles will be manufactured. Xiangyang, in Hubei province is set to build two models from 2014.
Volvo has announced that a road train comprising a Volvo XC60, a Volvo V60 and a Volvo S60 plus one truck automatically driving in convoy behind a lead vehicle has operated on a public motorway among other road users - a first for the technology.
Toyota said it will keep the name Auris for its No. 2 seller in Europe.
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