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Oct
31st

US: BorgWarner posts Q3 net sales up 13% to US$2.03bn

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BorgWarner has booked third quarter net sales of US$2.03bn, up 13%, while operating income was US$238m.
Oct
31st

NORWAY: Norsk Hydro posts US$223m Q3 EBIT

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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.
Oct
31st

UK: Honda opens ‘first commercial scale green hydrogen refuelling facility’

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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.
Oct
31st

US: NHTSA ramps it up with Takata over airbags

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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.
Oct
31st

UK: Jaguar Land Rover opens engine production centre

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Tata owned Jaguar Land Rover (JLR) has officially opened its new "Engine Manufacturing Centre" in the English West Midlands.
Oct
31st

SWITZERLAND: Oerlikon Group sales grow 26% to US$913m

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Oerlikon says Group sales grew 26% to CHF877m (US$913m), with order intake up 19% to CHF845m.
Oct
31st

VW earnings outlook too cautious, analysts say

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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.
Oct
31st

VW earnings outlook overly cautious, analysts say

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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.
Oct
31st

Mercedes, VW to put brakes on Google’s in-car data inroads

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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.
Oct
31st

NORWAY: Kongsberg secures major OEM EUR17m manual shifter contract

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Kongsberg Automotive (KA) says it has received nomination from a major - unnamed - European OEM for supply of the complete manual gear shifter system.
Oct
31st

Jaguar SUV spotted testing in Britain

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News 31 Oct, 2014

Jaguar's upcoming SUV has been spied in testing on UK soil for the first time

Oct
31st

China’s auto market growth may halve to 7% this year

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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.
Oct
31st

BorgWarner posts flat net income for Q3

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BorgWarner, which counts on Europe for about half its global sales, reported a 13 percent increase in revenue and flat net income for the third quarter after one-time charges.
Oct
31st

Jaguar Land Rover opens $750 million engine plant

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Jaguar Land Rover moved another step closer to gaining greater control of its destiny with the opening of its $750 million engine plant near Wolverhampton, England.
Oct
31st

Johnson Controls profit beats estimates

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Johnson Controls, which counts on Europe for more than 40 percent of its sales, posted a better-than-expected quarterly profit.
Oct
31st

Daimler, VW bosses coy about succession

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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.
Oct
31st

Is Ferrari worth 12 billion euros?

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Ferrari is worth as much as 12 billion euros on the open market based on Chairman Sergio Marchionne's most optimistic blue-sky estimate. The true value will be a hot topic for months.
Oct
31st

Thumbs-up for 3-D at BMW

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BMW has found a unique way that 3-D printing could help some assembly workers at a plant in Germany do their jobs.
Oct
31st

Geely’s Horbury takes his auto design cues from a nation’s style

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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.
Oct
31st

ANE’s November e-magazine goes live Monday

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The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, Nov. 3. This month's edition looks at why megaplatforms are a must-have for any automaker with global ambitions.
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