VW expects cash outflows of 4 billion to 5 billion euros ($4.7 billion to 5.9 billion) next year in relation to the diesel scandal, down from 17 billion euros this year.
Toyota Motor Europe (TME) has announced a new organisation and several executive level appointments at its European headquarters and affiliates.
Hungary is attempting to alleviate part of the "huge competition" for labour in Central and Eastern Europe (CEE) by trying to attract workers from Ukraine.
IG Metall said a first round of wage talks at Volkswagen failed to produce a result. The union said it was disappointed VW did not present a counter-offer to its demand for a 6-percent wage hike.
News
11 Dec, 2017
Dutch coachbuilder RemetzCar plans to assemble 20 electric shooting brakes based on the Tesla Model S and designed by Niels van Roij
Ford sales in China in total fell 8% year on year in November to nearly 118,000 vehicles.
News
12 Dec, 2017
Based on the Lamborghini Huracan, Project Panther combines modern engineering with classic 1970’s Italian flair
Lear Corporation has entered into a definitive agreement to acquire Israel-based EXO Technologies, a developer of GPS technology for autonomous and connected vehicle applications. It has operations in San Mateo, California and Tel Aviv, Israel.
BYD is investing in Morocco and has announced an MoU for the supply of a 'range of renewable energy solutions to the country leading by the company's innovative straddle monorail system, the SkyRail; and to explore the possibility of localised production'.
BYD is investing in Morocco and has announced an MoU for the supply of a 'range of renewable energy solutions to the country leading by the company's innovative straddle monorail system, the SkyRail; and to explore the possibility of localised production'.
Hyundai Motor's labour union is planning to stage more strikes over five consecutive days this week starting today (Monday, December 11), according to the Korea Herald.
Might the initial results of a strategy which has been smart USA dropping its petrol-powered fortwo range hold a warning for others? In November, the brand was not only outsold by Lamborghini, but Rolls-Royce was the only make which delivered fewer cars.
Ford has modified its 'scrappage scheme' as it extends it into the first quarter of 2018. After an outcry over the fate of a Standard car traded in earlier (it was saved after classic car fans' pleas all the way to the top at Ford UK), the automaker said, from 2018, vehicles which are classified as 'historic vehicles' by the DVLA would not automatically be scrapped.
Vietnam's new vehicle market continued to fall sharply in November, by 17.7% to 21,622 units from 26,284 units in the same month of last year, according to member data released by the Vietnam Automotive Manufacturers Association (VAMA).
SAIC Motor has opened its second vehicle assembly plant in Thailand with a ceremony attended by the country's deputy prime minister Somkid Jatusripitak.
Robert Bosch has opened a new THB3.2bn (US$98.5m) automotive components manufacturing facility in Thailand's Rayong province.
Valeo has confirmed its investment of CNY375m (US$59m) in Cathay CarTech Fund - Cathay Capital's first RMB fund - to take a stake in China's automotive and mobility ecosystem.
Meritor has unveiled an undisclosed investment in TransPower, an electrification technology company for large commercial vehicles.
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