May
16th
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South Korean automakers are reassessing their product strategies following the election of the new president Moon Jae-in last week.
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May
16th
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Ford is reportedly planning a new cost cutting plan that would reduce its global workforce by around 10%.
May
16th
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South Korean auto parts manufacturer Hyundai Mobis is set to unveil its first domestic proving ground this week, with operations set to start in June.
May
16th
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Tata Motors has signed a vehicle assembly agreement with Thailand's Bangchan General Assembly Company, as it looks to maintain its presence in South-East Asia's largest pickup truck market.
May
16th
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General Motors says it is commited to sourcing sustainable natural rubber in its tyres to drive the industry towards net-zero deforestation and uphold human and labour rights.
May
16th
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Faurecia has said it has acquired an 'exclusive access to the intellectual property and process know-how of composite hydrogen tanks from Stelia Aerospace Composites'.
May
16th
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May
16th
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Chancellor Angela Merkel said Germany will likely miss the government's target of bringing 1 million electric cars onto the roads by the end of the decade.
May
16th
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May
16th
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Passenger car registrations fell 7 percent in Europe in April on fewer selling days and a big slump in UK sales. VW, Ford and Opel saw large declines while Toyota and Kia boosted volume.
May
15th
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Ford is preparing major cuts to its worldwide work force amid renewed efforts to hike profits and address the company's falling share price, The Wall Street Journal and Reuters reported, citing people briefed on the move.
May
15th
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AutoNation President and COO Bill Berman resigned Monday, just three months after being named president. The nation's largest dealership group said CEO Mike Jackson will take on Berman's operating duties until the company finds a replacement.
May
15th
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Former AutoNation COO Mike Maroone has come out of retirement to buy four stores in Colorado from Joe Serra.
May
15th
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GM is pledging to buy sustainable natural rubber for the 49 million tires it buys a year under a plan aimed at helping small farmers while protecting company profits by ensuring the material's long-term availability.
May
15th
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Geely's Volvo Cars has announced a "close partnership" with Google to develop the next generation of Android based infotainment and connectivity which will launch on new models within two years.
May
15th
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Uber's move to demote the engineer who led its autonomous unit to keep him away from related laser technology was deemed adequate to safeguard trade secrets that rival Waymo says were stolen, a judge ruled.
May
15th
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Schaeffler says 90% of its production lines are operating again following this morning's (15 May) explosion at its bearings factory in Eltmann, Bavaria, which saw four staff seriously injured according to Police.