Auto News 5

News 2 May, 2017

Up to 8% of car sales in China would need to be electric by 2018 under draft legislation with big implications for luxury car brands

New auto companies face long, tough odds, regardless of consumer enthusiasm for their products.

News 2 May, 2017

MINI teams up with AUTOHOME to create a special edition AirTop roof tent accessory for the new Countryman SUV

The closure of General Motors India's Halol factory last Friday (28 April) has left workers devastated amidst a bleak outlook for re-employment elsewhere, local media reports said.

GM said it would deconsolidate its operations in Venezuela, reducing global profits by up to $100 million after the government seized GM's plant there last month.

Yanfeng Automotive Interiors (YFAI) says its EUR5m (US$5.5m) investment into a new test lab at Trencín in Slovakia and associated facilities forms part of its plans for sustainable growth as it looks to address hygiene issues associated with multiple usage.

News 3 May, 2017

Lister announces plans to build ten continuation versions of its Knobbly racing cars, paving the way for other road going Lister models

News 2 May, 2017

Tesla's bold entry into the long-distance lorry market is revealed in a darkened teaser pic ahead of September reveal

Trico announced it had won the Scania OEM business for the new Global R-Series truck model line for both LHD and RHD front wiper systems.

U.S. light-vehicle sales fell 4.7 percent in April as the biggest automakers, amid plunging car demand, posted declines with ever-rising incentives failing to shake the industry from its longest slump in years. The SAAR came in at 16.

Citroen will launch its first long-range EV in 2020 developed with parent PSA's e-CMP electric architecture. The automaker plans to offer battery-driven variants of models that are also available with combustion engines, rather than standalone EVs.

BMW said it will begin production of its iNext flagship electric car in 2021 at its factory in Dingolfing, southern Germany. The iNext will be BMW's first vehicle capable of Level 3 autonomy.

Samsung has got permission from South Korean authorities to domestically test a self-driving vehicle fitted with its electronic parts and software.

The UK's exit from the European Union (so-called 'Brexit') is going to be a drawn out and complex business.

Bosch will sell its starters and generators business to Zhengzhou Coal Mining Machinery Group private equity firm China Renaissance Capital Investment for $595 million.

Toyota Boshoku Corporation and Tachi-S have struck a business partnership contract to reinforce their respective competitiveness in the global automobile seat market.

Goodyear has reported results for the first quarter of 2017 and presented a flat picture.