News
25 Feb, 2016
Lotus has revealed a faster and lighter version of the Evora 400 ahead of its 2016 Geneva show debut
Detroit Electric, maker of electric sports cars based on a Lotus design, has produced its first car for shipment to China.
Geely's Volvo Cars' UK unit has announced updates that add new semi-autonomous and connected car features to various models across the range.
Visteon swung back to profitability while posting a 2.7 percent rise in fourth-quarter revenue, handily beating analysts' profit expectations.
Visteon has unveiled full-year 2015 net income of US$2.284bn, including US$2.286bn net associated with discontinued operations, while full-year sales were US$3.2bn, an increase of US$659m or 25% compared with 2014.
News
25 Feb, 2016
Nissan has turned off the companion app for its Leaf electric car after a security flaw was revealed by IT experts
Obviously responding to a spate of recent recalls and new product development hitches, Honda Motor president & CEO Takahiro Hachigo has unveiled a new direction for the automaker, starting on 1 April.
UK auto production increased 8 percent in January, boosted by strong overseas demand, which rose nearly 10 percent.
UK car production grew 8% year on year in January, with 137,552 vehicles assembled.
News
25 Feb, 2016
Croatian company Rimac previews 1073bhp Concept_One EV to debut in production form at 2016 Geneva show
Mercedes is turning to human workers to support production on its assembly lines as the levels of customization now available for its models means that carmaking robots simply can't keep up.
Commercial vehicle output in the UK rose 24.4% year on year in the first month of 2016, with 6,770 new vans, trucks, buses and coaches built.
Export demand - up 65% to 3,468 vehicles - continued to fuel production. UK market output slipped 1.2% to 3,302.
Honda says it will make more cars in Japan for export to Europe and North America to improve capacity utilisation.
ZF TRW says it welcomes ever-more stringent regulation as legislation makers challenge manufacturers to come up with increasingly creative and technologically-driven solutions to real-life situations.
Plastic Omnium's Automotive division has unveiled full-year revenue up 15.6% to EUR5.6bn (US$6.2bn).
Tata Steel says Karl Koehler is to step down as a director of Tata Steel and as CEO and managing director of Tata Steel Europe to take up a senior leadership position with a large privately-owned industrial company in Germany.
Ford will definitely replace its Ka minicar in Europe, the automaker's No.2 in the region, Barb Samardzich, said. "It's coming," she said on the sidelines of the Mobile World Congress in Spain.
Daimler CEO Dieter Zetsche has ruled out investing in battery cell production for electric cars with other German premium brands for at least another few years citing a massive overcapacity in the market that has turned cells into a commodity.
Zipcar is set to offer one-way trips within some North American markets as part of a larger push to increase flexibility in its offerings.