Renault has reported that its group revenues surged by 25.2% to EUR13,129m in the first quarter, boosted by the contribution of AvtoVAZ and higher global vehicle sales across its brands and through JVs across the world.
BorgWarner has reported net sales of USD2,407m in the first quarter, up 6.1% on last year.
Mazda's operating profit tumbled 56 percent in the latest quarter, as a deteriorating sales mix, foreign exchange rate losses and recall costs undermined results.
Grammer warned that the influence of a Bosnian investor has led to a decline in orders and could pose a risk to the company's viability.
PSA fired three of its top managers in Germany after a sales campaign led to thousands of Peugeot 208 cars being sold at more than 40 percent off their list price, according to a report.
News
1 May, 2017
The Porsche Cayenne is now a world record holder after pulling a 285-tonne Airbus A30 over a distance of 42 metres
Volkswagen has shown a new coasting function for internal combustion engines, which shuts off the engine completely, at the Vienna Motor Symposium.
Mazda Motor plans to launch the CX-8 crossover SUV in Japan.
Opinion
30 Apr, 2017
Mike Rutherford is in the US and finds that sales of Koenigsegg, Spyker and Rimac cars are booming as customers try to stand out
Hyundai Mobis says it has succeeded in developing the core technologies for 48V mild hybrids.
Denso Corporation and Toshiba Corporation have announced that the two companies have begun talks to enhance collaborations in the fields of Internet of Things (IoT)-based manufacturing, advanced driver assistance, automated driving, and others.
Denso Corporation and electronics and ceramics company Ibiden have formed a capital and business alliance to jointly develop 'the next-generation vehicle exhaust system'.
The 70% year on year growth in exports from Brazilian auto plants in the first quarter of 2017 delighted the automakers and has prompted something of a rush to get more cars out to foreign markets amidst only a slight domestic recovery so far. Toyota and GM have just confirmed they're doing just that.
Skoda says its new Karoq will be a key model in helping the brand to achieve new sales records. The compact SUV will replace the Yeti in the VW Group brand's lineup.
Honda swung back to profitability in the latest quarter as the company put Takata-related recall costs behind it, but a worsening foreign exchange outlook and a one-off pension expense forced the Japanese automaker to forecast falling profits in the...
Hyundai teased the design of its upcoming Kona subcompact crossover and offered fresh details on the launch timing of a model that will fill a critical gap in the brand's lineup.
Continental said it expected to comfortably reach its financial targets for 2017 after its underlying earnings rose about 10 percent in the first quarter.
Volvo reported a 11 percent rise in first-quarter profit as strong demand for its XC60 and 90-series cars gave it a boost. The automaker stuck to a forecast of higher sales this year.
News
28 Apr, 2017
Car insurance fraudsters most likely to use low-speed crashes to claim compensation, with claims for non-existent passengers up, too
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