Plug-in hybrids are seen as a compromise ahead of EVs in creating zero-emissions zones in cities. Ford and Transport for London are testing "geofencing" as a way to ensure hybrid cars only run on electric power in city centers.
Tower International posted adjusted third-quarter earnings before interest, taxes, depreciation and amortization of $49.2 million, down 2 percent, despite sales gains in North America.
Ford is offering special discounts through year end to Sam's Club members, in a program run by TrueCar.
GM launched exports of China-built Chevrolet cars to North America, with an initial shipment of 2,900 Chevrolet Sail subcompacts to Mexico and the Caribbean.
Its owner Nissan Motor says Mitsubishi Motors' vehicles won't be fully integrated into the newly expanded R-N-M Alliance's system of architectures until 2020, possibly later. Conventional SUVs, plug-in hybrids, battery-electric small cars and high performance e-SUVs will step by step become the speciality of MMC.
General Motors analysts are squaring off into two camps, and it's the pessimists who resonated in Monday's market.
GM agreed to a $13.9 million settlement with Orange County, Calif., after prosecutors accused the automaker of intentionally concealing serious safety defects including those involving faulty ignition switches tied to nearly 400 deaths and injuries.
International Automotive Components (IAC) says it has not experienced difficulties in finding staff for its new tailored interiors plant at Opole in Poland as it looks to ramp up production, eventually employing around 550 workers.
News
30 Oct, 2017
Lotus plans to introduce a lightweight crossover SUV in 2019, which coincides with the patented images leaked onto the web
Ford of Europe said it had developed a robot to move like a human bottom and perfectly simulate how drivers and passengers get in and out of their car seats.
Varroc Lighting says it has expanded its Ostrava plant in Czech Republic by 150% as it looks to capitalise on the boom in manufacture still prevalent in Central and Eastern Europe (CEE), although recruitment remains challenging.
News
30 Oct, 2017
2017 MotoGP finale in Valencia will see debut of new BMW M5 Safety Car, based on the upcoming M5
Continental is in advanced talks to buy Israel's Argus Cyber Security, which has developed technology to protect connected cars from hacking, Israeli media reported.
Geely's Volvo Cars has reported 'everything up' financial results for the third quarter and first nine months of 2017.
Kobe Steel is seeking 50 billion yen ($440 million) in loans from banks, a report said as rival Nippon Steel, a shareholder in Kobe, said it was ready to offer assistance as the company grapples with a scandal over falsified product specifications.
Kobe Steel is seeking 50 billion yen ($440 million) in loans from banks, a report said as rival Nippon Steel, a shareholder in Kobe, said it was ready to offer assistance as the company grapples with a scandal over falsified product specifications.
Continental is in advanced talks to buy Israel's Argus Cyber Security, which has developed technology to protect connected cars from hacking, for about $400 million, Israeli media reported on Monday.
Voestalpine has injected EUR16m (US$18.6m) into an expansion of its production site for laser-welded blanks in Linz, Austria.
VW Group expects profit and sales at its VW brand to keep growing in the fourth quarter after core earnings doubled in the three months ended Sept. 30.
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