Leoni, the cables and cable systems supplier, said it increased its consolidated sales by around 11% year on year to EUR1.21bn (US$1.31bn) in the first three months of 2017.
Kobe Steel is to increase the heat treatment equipment and surface treatment equipment at its Moka Plant in Moka, Tochigi Prefecture, to meet growing demand for automotive aluminium panel material in Japan.
Leoni, the cables and cable systems supplier, said it increased its consolidated sales by around 11% year on year to EUR1.21bn (US$1.31bn) in the first three months of 2017.
Jaguar Land Rover (JLR)'s Halewood production plant in the UK has built 600,000 units of the Evoque in the six years since the model's introduction.
After posting a 30% decline to operating income in the fiscal year ended March 31, Toyota is forecasting a further 20% decline in the current fiscal year.
Takata reported a full-year net loss of 79.6 billion yen ($699.04 million) - its third consecutive annual loss - as the embattled supplier faces bankruptcy over costs related to the recall of its potentially deadly airbag inflators.
Suzuki Motor plans to spend an additional JPY100bn (US$877m) in India to help it meet rising demand for passenger vehicles in the country, according to reports in Japan.
News
10 May, 2017
Ford’s investment plans in the UK hinge on a smooth transition to Brexit avoiding increased ‘border friction’.
VW hopes to finalize plans this year to reduce its German workforce by a net 14,000 workers by the end of the decade without using costly severance packages, as the brand seeks to save 3 billion euros in domestic labor costs to help offset the costs...
Foreign exchange rates and spiraling costs hammered profits at Toyota, derailing the automaker from a third-straight year of record results and spurring President Akio Toyoda to warn of an impending "sense of crisis."
Foreign exchange rates and spiraling costs hammered profits at Toyota, derailing the automaker from a third-straight year of record results and spurring President Akio Toyoda to warn of an impending "sense of crisis."
BMW is not above using a little humor to spread the word about its new M performance sub-brand website.
Ford's board is turning up the pressure on CEO Mark Fields to better explain the company's fading fortunes and his plan to turn things around, reports said.
Daimler dropped plans to seek U.S. approval to sell 2017 Mercedes-Benz diesel models, but has not decided whether to exit the American passenger diesel market.
Automotive supplier Roush Industries has opened an engineering center in suburban Detriot that will create about 150 jobs, mostly in engineering and data science.
Location is everything in the real-estate biz, so it's not entirely surprising that a map changed former developer Donald Trump's mind.
BMW plans to raise its annual production capacity by about 27 percent to 3 million vehicles by 2020 and plans to build its X5 offroader in China, German daily Handelsblatt reported.
Tesla's rush to produce the Model 3 has a subplot that shows how much the company's ambitions depend on German expertise -- and why German automakers are confident they can match anything Tesla throws at them.
Russia's fledgling market recovery may turn into a rapid turnaround says one analyst - but only on condition several economic stars align.
General Motors plans only minor changes to the interior of the Chevrolet Silverado as part of the redesign coming next year, according to pictures of a test vehicle being driven on Detroit-area roads recently.
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