Ford has beaten analyst expectations with third quarter net income of $1.6bn, which was 63% ahead of the same quarter last year. Investors were particularly buoyed by automotive operating margin up by 1.7 percentage points to 5%
Volkswagen has launched an online platform to grab a share of used-car sales in Germany, as it pursues a goal to almost double its portfolio of credit, leasing and insurance contracts to 30 million units by 2025.
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20 Feb, 2019
Busy traffic period between 4pm and 6pm accounts for nearly a fifth of accidents, with a spike between 5pm and 5:10pm
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26 Oct, 2017
Insurance claim analysis reveals sharp increase in road collisions as clocks go back
VW, BMW and Daimler have warned EU regulators that adopting a patent fee model which favors companies including Qualcomm and Ericsson could hurt consumers and hinder innovation as cars increasingly resemble digital devices through their use of...
BMW hopes its new X2 will appeal to active, younger car buyers looking for a uniquely individual car when it launches its first lifestyle crossover next March.
Google's self-driving car affiliate Waymo is expanding winter testing as it works to address a potential blind spot for autonomous vehicles: snowy and icy conditions.
Autoliv has posted third-quarter operating income down 17% to US$158.7m, with consolidated sales of US$2.5bn.
Swedish supplier Autoliv reported quarterly operating earnings fell 17 percent and said it expected like-for-like sales to be virtually flat in the final quarter of the year.
Tesla, which decided to bring seat production in-house, has demonstrated a commitment to vertical integration not seen in the auto industry for decades.
Visteon has unveiled third-quarter net income up 54% to US$43m while sales dipped from US$770m to US$765m.
Ford said its third-quarter net income rose 63 percent to $1.6 billion, helped by foreign tax credits and strong light-truck sales in North America. Ford's revenue, pretax profit and operating margin all increased.
Daimler owned carshare outfit car2go has announced that it is upgrading its Seattle fleet to fully comprise compact Mercedes-Benz CLA and GLA vehicles. car2go expects the Seattle fleet's transition to be completed by the end of 2017.
The US light vehicle market is expected to continue its downward trend in October with a slight dip to sales, according to Edmunds.
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26 Oct, 2017
We speak to Dr. Matthias Rabe, SEAT’s head of research and development, about all things CUPRA
The BMW creative account is officially up for grabs. The luxury auto brand has kicked off an agency review in the United States, a brand spokesman confirmed.
UK car manufacturing fell in September, with year-on-year output declining -4.1%, according to figures released today by the Society of Motor Manufacturers and Traders (SMMT). Some 6,500 fewer cars rolled off production lines than in the same month last year, with a total output of 153,224.
Thyssenkrupp has opened a new production shop for steering components at its Schönebeck site in Saxony-Anhalt, Germany.
Solvay Performance Polyamides has started production of engineering plastics in San Luis Potosí, Mexico.
Nissan has demonstrated a prototype of its most advanced autonomous driving technology, planned for real-world use from 2020, on public roads in Tokyo.
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