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Nov
22nd

Schaeffler sells blanking business to Guntensperger

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Schaeffler Schweiz, a subsidiary of Schaeffler headquartered in Romanshorn, is to sell its fine blanking activities to the Swiss owner-managed Güntensperger Group.
Nov
22nd

Nissan suspends production at Fukushima engine plant

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Nissan said it would suspend production at its engine factory in Fukushima at least until a tsunami warning is lifted after a powerful earthquake rocked northern Japan early today.
Nov
22nd

What draws Samsung to Harman?

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Samsung Electronics is currently embroiled in a crisis over a range of its cell-phones that can catch fire. However, it has also announced an audacious US$8bn planned purchase of Harman. What's driving the strategy?
Nov
22nd

Takata narrows buyer bids to Autoliv, Key Safety Systems

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Takata has narrowed a list of bidders to Autoliv and Key Safety Systems for a final round of negotiations, moving the airbag maker a step a closer to securing a buyer to steer it through biggest safety recall crisis in automotive history, Bloomberg...
Nov
21st

Tesla reboots stores to add energy storage devices for home

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Tesla is revamping 'dozens' of locations to display the Powerwall home battery and informative graphics on energy storage.
Nov
21st

KKR to buy Nissan-backed supplier Calsonic for up to $4.5 billion

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U.S. buyout firm KKR and Co. is buying Nissan Motor-backed auto parts maker Calsonic Kansei for up to 498.3 billion yen ($4.5 billion) in its biggest deal in Japan, seizing on a rare chance there to do a multi-billion dollar purchase.
Nov
21st

Wilbur Ross vetted for key posts in Trump cabinet

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Wilbur Ross, who launched automotive supplier IAC Group in 2006, is under consideration by President-elect Donald Trump for two key cabinet positions, according to several reports.
Nov
21st

NuTonomy to test self-driving vehicles in Boston

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NuTonomy is expanding its autonomous vehicle testing to Boston following the trials it began in April on Singapore roads.
Nov
21st

NextEV’s NIO brand to launch first mass market car in 2017

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NIO brand logo
News 21 Nov, 2016

The NIO Electric Sedan 8, or ES8, is currently for China only and will take design inspiration from EP9 electric hypercar

Nov
21st

GM to export Chevy Silverado, Colorado to China

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General Motors plans to sell the Chevrolet Silverado and Colorado pickups in China starting next year to explore the country's small, local market for trucks.
Nov
21st

Mayor of London seeks £2.5m in compensation from VW

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News 21 Nov, 2016

Sadiq Khan has claimed Volkswagen should pay £2.5m in missed Congestion Charge payments following the diesel emissions scandal

Nov
21st

Daimler terminates China manager after parking dispute

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Daimler apologized today for an incident in China that local media said involved a senior company executive making disparaging comments to people in a parking dispute.
Nov
21st

Porsche future models – a global analysis

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Rounding out the series on the current and future vehicles of the Volkswagen Group's passenger car brands, this analysis looks at Porsche's sports cars and SUVs.
Nov
21st

VW mulls creating own battery factory

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As part of an ambitious electrification programme that will see VW Group aim to develop and build more than 30 new additional electric vehicles by 2025, the company could also set up its own battery factory.
Nov
21st

Analog acquires Vescent laser beam steering technology

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Analog Devices has acquired the solid-state laser beam steering technology from Vescent Photonics, a privately held company based in Golden, Colorado.
Nov
21st

Parking bays to be widened in UK following SUV boom

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Parking space
News 21 Nov, 2016

The growing popularity of SUVs has caused car park collisions to rise by over a third in the last two years

Nov
21st

Chinese media report Daimler boss insulted Chinese

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Chinese media reports say that the CEO of Daimler Trucks and Buses China has insulted the Chinese people following an argument over a parking space.
Nov
21st

Ford steps up effort to hire people with autism

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Ford plans next year to hire an additional 12 to 24 adults with autism, expanding a program with the Autism Alliance of Michigan that has more than 30 other local companies signed on. The programs are growing quickly.
Nov
21st

FCA combines with Amazon for online car sales

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Fiat Chrysler Automobiles (FCA) will partner with Amazon to sell cars online at an additional discount, according to reports.
Nov
21st

Honda to stick with N.A. production plans for now, CEO says

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Honda will stick with its North American production plans as it waits to see if U.S.
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