Auto News 5

Northvolt has cut the estimated cost of building Europe's largest battery factory from a previous guidance of 4 billion euros ($4.

It was not, to put it mildly, the best week for autoworkers, at least this side of the pond. A sharpened American axe this week appeared over the automatic transmissions factory in Bordeaux, France, (see, they make more than fine wine there). Should the automaker not secure a buyer for its Ford Aquitaine Industries (FAI) site at Blanquefort in south west France, the factory will close, although no forced redundancies would be implemented before September 2019. Not good news.

US public fast charging network for electric vehicles, Evgo, has completed a two- month project to upgrade 21 of its stations in key California markets by replacing single-plug standard chargers with dual-standard versions, which include both CHAdeMO and CCS Combo connectors.

Thai automotive components manufacturer Ingress Industrial Thailand announced it had won major supply contracts worth a combined THB1.3bn (US$400m).

Thai automotive components manufacturer Ingress Industrial Thailand announced it had won major supply contracts worth a combined THB1.3bn (US$400m).

Belcan, a global supplier of engineering, supply chain, technical recruiting, and information technology (IT) services to industry including automotive, has acquired Allegiant International, an outsourcer to multiple industries, also including automotive.

Britain's government-backed Faraday Battery Challenge has awarded GBP22m (US$29.2m) to 12 projects, including the PowerDrive Line innovation for electric cars.

Carlos Ghosn said the alliance between Renault, Nissan and Mitsubishi Motors, will be reworked by the end of his term as CEO of the French automaker in 2022.

Carlos Ghosn said the alliance between Renault, Nissan and Mitsubishi Motors, will be reworked by the end of his term as CEO of the French automaker in 2022.

VW could face additional fines in Germany on top of the 1 billion euros it has been told to pay for management lapses that caused emissions cheating on 11 million VW diesel cars.

VW Group could face more fines on top of the $1.2 billion it has been told to pay for emissions cheating on 11 million diesel cars.

Sojitz Corporation with Nishat Mills and its associates (NML), a consortium forming part of major Pakistani conglomerate Nishat Group, and Millat Tractors (MTL), Pakistan's largest tractor manufacturer, have formed a joint venture to build a new assembly plant and set up a new wholesale and retail network for Hyundai brand vehicles in the country.

Tata-owned Jaguar Land Rover (JLR)  is the latest premium OEM to dip its toes into the car subscription model.

New vehicle sales in the Philippines continued to drop in May, by 13.7% to 30,620 units from peak year-earlier sales of 35,469 units, according to member data released jointly by the Chamber of Automotive Manufacturers of the Philippines (CAMPI) and the Truck Manufacturers Association (TMA).

Opinion 17 Jun, 2018

From councils to car park operators, Mike Rutherford believes companies too often employ dubious methods

Gefco and consultants, Talan have inked a joint venture, to enable the design and marketing of solutions for the automotive market.

European sales rose a marginal 0.6 percent in May due in part to fewer working days. Jeep, Dacia and Lexus were among winners while premium brands BMW, Mercedes and Audi saw their sales fall amid talk of diesel bans.