Brembo's net sales for the second quarter ended 30 June 2015 rose 15.3% to EUR524.6m (US$576.16m) from $454.8m in the same period a year ago.
The Faurecia and Dongfeng Hongtai joint venture has named two new companies formed to supply parts to the Chinese automaker and affiliates.
The recent launch of the redesigned Jazz (Fit) has given Honda Cars India (HCIL) a sales boost.
News
3 Aug, 2015
Faster, lighter and more hardcore Ferrari F12 caught testing ahead of release in 2016
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3 Aug, 2015
Troubled Dutch supercar maker Spyker announces merger with electric aircraft maker Volta Volare, likely to build electric sports cars
Tata Motors' luxury car units Jaguar Land Rover has clarified its thoughts on local assembly in the ASEAN region following local media reports in July.
Toyota Motor Manufacturing Canada (TMMC) has announced it is spending C$421m to build the next generation Lexus RX350 and 450h models at its Cambridge [South], Ontario assembly plant.
Coatings specialist Zircotec recently announced that it had secured a number of new OEM contracts for both OE automotive and motorcycle exhaust coatings, marking a step change in the volumes its UK-based factory is now producing. Matthew Beecham spoke to managing director Terry Graham about the transition to volume manufacturing and challenges of supporting these new projects.
Suzuki rose to a record in Tokyo trading today after a New York-based hedge fund said it had acquired an undisclosed stake in the automaker.
Audi, BMW Group and Daimler have agreed to buy Nokia Corporation's mapping and location services business Here.
News
3 Aug, 2015
German car makers team up to acquire Nokia's sat-nav mapping service HERE
French car sales rose 2.3 percent in July, led by strong gains at Fiat, Hyundai and Toyota. Most volume brands boosted volume except Renault, whose sales fell on aging products.
BMW, Audi and Daimler will buy Nokia's digital-map unit for 2.8 billion euros ($3.1 billion) in a push to extend the reach of automakers into digital services for self-driving cars.
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The unexpected appointment of Jon Ikeda to head Acura could be exactly the shot in the arm Acura needs, both for its product portfolio and its relationship with the Honda mothership back in Japan.
Automakers are rapidly widening their lineups to fill in every possible niche, with German luxury-makers BMW and Mercedes-Benz leading the way. But they say flexible platforms and premium pricing make the new variants profitable.
Fiat Chrysler dealers stand to lose incentive dollars from the automaker if they sell used cars with open, unrepaired recalls under a new policy ordered by U.S. regulators.
After releasing a split decision on the crash worthiness of the Ford F-150, the IIHS is continuing to crash test multiple versions of other automaker's pickups. Ram, meanwhile, is taking a page from Ford's playbook.
The Volkswagen-Suzuki alliance started with high hopes in 2009 but now awaits likely dissolution by an international arbitration court. Internal Suzuki documents show how trust between the partners eroded.
As auto suppliers beef up their software development, the hunt for software talent has taken on the urgency of a gold rush.