Continental is opening of its first non-European turbocharger plant at the Continental site in Jiading, a suburb of Shanghai, China (production starting this month). The new facility will start producing the Raax turbocharger, developed by Continental for the Volkswagen Group's EA888 Gen.3B engine platform and in production in Europe since 2016 in the Audi A3.
Continental and Schaeffler have staged their fourth joint Premium Supplier Day in Frankfurt.
Sounding one of his most dire warnings yet about the rapidly changing auto industry, Toyota Motor President Akio Toyoda says his company faces a 'now or never' competition for survival and is shuffling management to tackle the challenge.
Porsche's celebration of its FIA World Endurance Championship topped our list of viral videos for the week.
Mick Mulvaney, who once called the CFPB the 'worst kind' of government entity, vowed to keep the agency open while making changes that protect people without choking off capitalism.
Congress wants answers from Uber about why it failed to disclose a massive data breach in October 2016 until last week and how information on 57 million accounts may have been compromised.
PSA is increasing shipments of Chinese-made gasoline engines to Europe as it adapts to a consumer shift away from diesel, a French newspaper reported.
Automakers are projected to report strong U.S. sales for November as aggressive incentive spending continues to sustain a robust autumn. The projections for the month range from a 1 percent decrease to a 3.5 percent increase.
UK Business Secretary Greg Clark has today launched the UK government's 'Industrial Strategy' which is billed as a plan to boost the economy, build on the country's strengths and embrace the opportunities of technological change ahead. Four industrial sectors are included in the strategy, including automotive.
Ride services using self-driving vehicles could slash by more than half demand for owner-driven sedans in the United States by 2030, according to a new KPMG study.
News
28 Nov, 2017
Finished by JLR’s Special Vehicle Operations, the long wheelbase Range Rover SVAutobiography is the priciest Rangie yet
Fiat Chrysler could face billions in euros in fines from the French government if the automaker is found to have committed fraud by cheating on diesel emissions tests, Le Monde reported.
Toyota, which has made a big bet on hydrogen-powered cars, looks more isolated as industry rivals double down on plug-in EVs as the dominant technology in the emerging post-fossil fuel era.
News
28 Nov, 2017
Society of Motor Manufacturers and Traders urges Government to speed up Brexit transition period agreement
Vice President Mike Pence will meet with top officials from General Motors, Ford and Fiat Chrysler later on Monday, the White House said in a statement.
Uber loses money, lots of it. Although ride-hailing is seen as a sunrise industry, Uber has struggled with high costs even as it has grown revenues. Nevertheless, the privately held start-up has attracted investors who see a bright future in ride-hailing and are reassured by its dominant share (over 70%) of the US ride-hail market.
News
29 Nov, 2017
Lawyers looking at ‘misleading’ diesel incentives, as onslaught of penalties and taxes could be deemed unlawful
Chinese OEM Chery is trying to sell half of its equity in Qoros (which amounts to 25% of the whole company), its under-performing JV and premium car brand.
Royal Dutch Shell will install ultra fast chargers on roads in Europe in partnership with car makers, a media report said.
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