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7th
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West European new car sales grew by 4.6% year-on-year in October according to data released by LMC Automotive.
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Nov
7th
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BMW has hired a law firm to help with an internal investigation of an alleged cartel among German carmakers and needs more time before any conclusions can be reached, CEO Harald Krueger said.
Nov
7th
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Topy Industries has decided to make a capital investment of US$36m (approx. JPY4bn) in the Kentucky Plant of Topy America, a subsidiary in the US. It said its aims to make it 'the world's number one steel wheel plant by operating new facilities in 2020'.
Nov
7th
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Mitsubishi Motors Corporation (MMC) has announced financial results for the six months ending 30 September 2017, and reaffirmed its full year outlook for the current fiscal year to 31 March 2018.
Nov
7th
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Nissan said it is resuming most domestic production suspended in the wake of a scandal over uncertified technicians signing off on final inspections.
Nov
7th
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Cadillac sales are surging this year, boosted by strong sales in its largest market - China
Nov
7th
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BMW's third quarter 2017 profit before financial result (EBIT) fell 3.2% year on year to EUR2,304m due to "significantly higher investments, as well as expenses for research and development", the company said.
Nov
7th
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Nissan Motor resumed production today (7 November) at most of its plants in Japan after suspending operations last month due to irregularities in its new car inspection procedures.
Nov
7th
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The Aisin Group says it is to strengthen its production system for automatic transmissions, mainly in China and Japan. It projects a rise in production of automatic transmissions to 12.5m units a year in 2020
Nov
7th
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Continental and Osram have announced their intention to establish a new lighting joint venture that will combine lighting technology with electronics and software to develop, manufacture and market 'intelligent lighting solutions for the automotive industry'.
Nov
7th
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Mitsubishi swung to a quarterly operating profit as cost cuts and favorable exchange rates helped it to rebound from a mileage-cheating scandal.
Nov
7th
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Stuttgart based Porsche Automobil Holding SE (Porsche SE) has reported group profit of EUR2.20bn for the period from 1 January to 30 September 2017. This compared with EUR1.64bn for the same period of 2016, a rise of 34%.
Nov
7th
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Gefco has opened its new automotive logistics centre in the North West England city of Liverpool, providing storage and sequencing operations for Tier 1s and OEMs and creating around 100 jobs.
Nov
7th
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Toyota has raised its forecast for operating profit this year after reporting a boost to second quarter earnings helped by a cheaper yen.
Nov
7th
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Toyota's quarterly operating profit rose 10 percent as gains from favorable foreign exchange rates offset weakening business in the U.S. market, where rising incentives and falling wholesale volume dented regional profitability.
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7th
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7th
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BMW's third-quarter pretax profit fell 5.9 percent to 2.42 billion euros ($2.81 billion), as the automaker warned it needs to continue with "significant" upfront investments for new models including EVs.