BorgWarner has booked third quarter net sales of US$2.03bn, up 13%, while operating income was US$238m.
Norsk Hydro ASA's underlying earnings before financial items and tax (EBIT) rose to NOK1.5bn (US$223m) in the third quarter from NOK544m in the second quarter.
A consortium of businesses including BOC and Honda have joined the Swindon mayor Cllr Teresa Page, and other dignitaries at a ceremony to mark the official launch of the UK's first commercial scale solar-powered hydrogen production and refuelling facility.
The National Highway Traffic Safety Administration (NHTSA) has sent a special order to TK Holdings, Takata's American unit, asking for documents related to the defective airbags.
Tata owned Jaguar Land Rover (JLR) has officially opened its new "Engine Manufacturing Centre" in the English West Midlands.
Oerlikon says Group sales grew 26% to CHF877m (US$913m), with order intake up 19% to CHF845m.
VW Group expects to post a 6 percent gain in underlying earnings this year, setting a new record, yet analysts believe the automaker is being overly cautious and can do even better.
VW Group expects to post a 6 percent gain in underlying earnings this year, setting a new record, yet analysts believe the automaker is being overly cautious and can do even better.
VW Group and Mercedes called on fellow automakers to establish separate platforms for data on vehicle use to avoid handing over sensitive customer information to Google.
Kongsberg Automotive (KA) says it has received nomination from a major - unnamed - European OEM for supply of the complete manual gear shifter system.
News
31 Oct, 2014
Jaguar's upcoming SUV has been spied in testing on UK soil for the first time
Growth in China's auto market is forecast to halve to 7 percent this year, an industry body said, citing a slowing economy which weakened further in the third quarter.
Succession is not an imminent topic at Daimler or Volkswagen, the chief executives of both carmakers said today, adding that any potential candidates would most likely come from within their respective companies.
Succession is not an imminent topic at Daimler or Volkswagen, the CEOs of both carmakers said, adding that any potential candidates would most likely come from within their respective companies.
As a design leader at companies such as Ford and Volvo, Peter Horbury has always been the outsider with great insight, the foreigner able to identify style motifs native to a particular country and put them to good use.
Johnson Controls, which counts on Europe for more than 40 percent of its sales, posted a better-than-expected quarterly profit.
BorgWarner reported today a 13 percent increase in revenue and flat net income for the third quarter after one-time charges.
The next-generation Chevrolet Volt plug-in hybrid will be quicker off the line, quieter and go farther in electric mode than its predecessor, General Motors engineers said today.
James Verrier, BorgWarner Inc. CEO since January 2013, is working to double the size of the giant supplier from $7.5 billion in revenue to $15 billion by 2022.
As a design leader at companies such as Ford and Volvo, Peter Horbury has always been the outsider with great insight, the foreigner able to identify style motifs native to a particular country and put them to good use.