The prophets missed their targets in March. Most everyone was looking for an improved month, even predicting the best March since 2000. Whoops.
News
4 Apr, 2017
Special edition Black Pack Clubmans inject a little extra style on Cooper Clubman and Cooper D Clubman models
BorgWarner is to invest US$10m in Autotech Ventures. Through this new investment, BorgWarner's chief strategy officer, Brady Ericson, sees investment opportunities that apply to propulsion technologies and mobility areas outside of BorgWarner's current product portfolio.
For anyone that still thinks vehicle body design is simply a matter of rolling out some steel sheet, bashing it a few times and spot welding the resultant frame and panel parts into a car, let he or she come to Audi. And marvel at an 'Aluminium Space Frame' body destined for the redesigned A8, out later this year, that contains no fewer than 29 different materials. Knocked together with 14 joining processes.
New-car registrations in Italy rose by 18 percent last month, partly due to one more working day than the year before. The increase is the 34th year-on-year monthly rise in market sales and the best result for the month since 2010.
A123 is to build a new US$40m headquarters complex in Novi, Michigan, housing all corporate functions, an engineering centre, new laboratory space and a manufacturing plant.
Volvo has lured former BMW and General Motors purchasing executive Martina Buchhauser to take a newly created board level procurement post at the fast-expanding automaker.
Hyundai confirmed it will join Europe's booming subcompact SUV segment with a new model called the Kona. The SUV will compete with models such as the Renault Captur and Nissan Juke.
Robert Bosch and Daimler are partnering to develop a system that will enable a self-driving taxi service by the start of the next decade.
Tesla's market capitalisation has risen to a level higher than that of Ford. Tesla's share price rose on Monday after it posted record quarterly deliveries.
Bosch is to recruit 20,000 specialists and executives in the technical and commercial fields this year, with half of all jobs currently advertised relating to software in some way.
News
4 Apr, 2017
SEAT adds hot FR trim level to Ateca SUV range, while introducing a new 2.0-litre TSI petrol engine with 187bhp
Sales of new passenger cars in Germany jumped 11 percent in March, helped by two extra selling days.
New-car sales in Germany increased by 11 percent in March, helped by two extra selling days. Diesel models' share of registrations fell to 40.6 percent, as municipalities in Germany discuss tighter regulation to help tackle pollution.
Diesel engines are set to lose their dominance in Europe, with demand likely to fall to 30 percent of the region's auto sales from about half currently, according to a forecast.
DETROIT --andnbsp;Supplier breakthroughs on advanced electronics and lighter-weight parts proved a common theme here Monday night at the 2017 Automotive News PACE Awards.
Mary Barra received a 14 percent salary increase in 2016, her third year as General Motors CEO, but total compensation for Barra and each of her top three lieutenants declined because of one-time stock options given out the previous year.
Lexus, Mercedes-Benz, Hyundai, BMW and Mitsubishi have pulled ads from Fox News' "The O'Reilly Factor" after a new report emerged about sexual harassment allegations involving host Bill O'Reilly.
Infiniti, Subaru, Lexus, Mercedes-Benz, Hyundai, Mitsubishi and BMW pulled ads from Fox News' "The O'Reilly Factor" after new reporting emerged about sexual harassment allegations involving host Bill O'Reilly.