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News 10 May, 2017

VW's Johann Jungwirth thinks autonomous cars will allow advertising that could pay for free transport

News 10 May, 2017

Our first view of next year's updated MINI hatch shows minor design revisions, with tech and engine updates likely

PSA Group chief Carlos Tavares expects planned acquisition Opel/Vauxhall to continue to lose money in 2017, according to remarks at PSA's annual shareholders' meeting.

VW CEO Matthias Mueller expects further disputes with labor leaders on cost savings as the automaker pushes an efficiency drive to help fund a strategic shift following its diesel-emissions scandal.

New vehicle sales in the Philippines increased by 4.8% to 29,038 units in April, from 27,697 units in the same month of last year, according to a data released jointly by the Chamber of Automotive Manufacturers of the Philippines (CAMPI) and the Truck Manufacturers Association (TMA).

PSA CEO Carlos Tavares expects Opel to lose more money this year as the French carmaker acquires the business from General Motors. However, the brand is recovering, Tavares said, highlighting growth in vehicle sales.

The UK needs to strike a trade deal with Turkey and South Africa as well as with the EU when the country leaves the bloc, said Jim Farley, Ford's Europe chief.

The UK needs to strike a trade deal with Turkey and South Africa as well as with the remainder of the EU when the country leaves the bloc, said Jim Farley, Ford's Europe chief.

News 10 May, 2017

A new study found the top 10 highest earning speed camera locations fined motorists over £3 million over a year

BYD has delivered what it says is America's first 60-foot articulated battery-electric transit bus to the Antelope Valley Transit Authority (AVTA) in Los Angeles County, California.

News 10 May, 2017

Renault’s EV boss says the cost of electric cars such as the ZOE will drop, bringing them in-line with conventionally-powered cars

Novelis has started a joint venture agreement with Kobe Steel, a producer of aluminium rolled products 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.

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’.