Jul
26th
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Porsche has raised the number of jobs it will create to produce its first all-electric car to more than 1,400 from 1,000.
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Jul
26th
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Faurecia has unveiled half year operating income up 28% to EUR490m (US$539m), representing 5.1% of total sales.
Jul
26th
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China's passenger vehicle exports rose 13 percent in June as GM and Volvo boosted exports to North America.
Jul
26th
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Faurecia raised its full-year guidance after reporting a stronger first-half performance in Europe. Operating income rose to $539 million, the French supplier said.
Jul
26th
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Hyundai's quarterly profit slipped 3 percent to $1.46 billion, the 10th consecutive quarterly decline. Shrinking demand for its sedans in the U.S. hit earnings. Hyundai also said the UK's Brexit vote had clouded its outlook for the EU.
Jul
26th
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Daimler's mytaxi said it will merge with British rival Hailo, creating Europe's largest smartphone-based taxi-hailing business.
Jul
26th
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To hammer home the point of craftsmanship, the spot shows leather being stitched together on a steering wheel while wood grain is being carved as viewers get a glimpse of the CX-9's interior.
Jul
26th
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Volkswagen's $14.7 billion settlement of its U.S. diesel emissions cheating scandal cleared another legal hurdle as a federal judge gave the automaker preliminary approval to buy back up to 475,000 vehicles.
Jul
26th
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Cadillac aims to increase its SUV market share in Europe by pricing its new XT5 below German premium rivals such as the Audi Q5 and BMW X3, and by offering more equipment.
Jul
25th
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Daimler's Smart brand's think tank to accelerate the development and implementation of creative urban mobility projects has come up with 'smart ready to drop', a service that makes online shopping easier.
Jul
25th
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Japanese auto supplier NSK said it has agreed to pay $34.5 million in a settlement stemming from a class-action lawsuit over price-fixing allegations.
Jul
25th
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ZF TRW says one of its key issues affecting the extra technology now prevalent on new vehicles is heat as ever-greater performance creates its own set of challenges.
Jul
25th
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Daimler's Smart cars will become delivery boxes for Deutsche Post's DHL package operation in Germany in a test of the mail and auto industries working together to leverage connected cars.
Jul
25th
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Audi is aiming to have three electric car models by 2020 and for electric vehicles to account for 25-20% of its sales by 2025, according to a report in a German newspaper.
Jul
25th
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General Motors officials have said the automaker is re-evaluating its planned US$1bn spend to date in India and has put on hold moves to bring a new car platform to the country.
Jul
25th
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Jaguar Land Rover declined to comment on a newspaper report that it is in talks with Ford and BMW to build a battery plant in the UK.
Jul
25th
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Daimler's supervisory board has named Britta Seeger a member of the board of management for Mercedes-Benz Cars marketing and sales effective on 1 January 2017. Seeger replaces Ola Källenius who will head group research and Mercedes-Benz cars development.
Jul
25th
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ZF TRW insists the former mantra adopted by its newly-acquired US supplier of 'affordable safety' continues to drive its business strategy.
Jul
25th
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Amtek Auto, the cash-strapped Indian parts maker that supplies Ford and Aston Martin, has expanded its planned asset sale to include additional overseas businesses as it looks to reduce leverage, people familiar with the matter told Bloomberg.