News
31 Jul, 2018
Skoda Karoq SUV gets the Scout treatment with three all-wheel-drive drivetrains and some off-road styling
BMW said it is offering a new lower-price tier in its vehicle subscription program, which allows members to switch out vehicles for a monthly fee.
Aptiv has reported second-quarter net income of US$291m, down 2% from the comparable period last year, while revenue rose 12% to US$3.7bn.
Panasonic on Tuesday said it expects its battery business with Tesla to contribute to profit from the second half of its business year, as volume production of Model 3 cars increases.
Jaguar Land Rover posted a quarterly loss as higher incentives in China. Europe's diesel slump also hit earnings.
Jaguar Land Rover posted a quarterly loss as higher incentives in China and Europe's diesel slump hit earnings.
Denso said on Tuesday it expects to take a hit of up to JPY80bn (US$719m) this year if the US raises auto tariffs, Reuters reported, citing Japanese media.
Among a long list of French industrialists treading a familiar path through Paris' elite business universities, is Louis Schweitzer, whose storied and glittering career takes in a breathtaking canter through the rarefied air of the country's very top jobs. Simon Warburton spoke to him on the fringes of the recent Forum on the European Automotive Industry (FEAL) in Lille.
BMW is to build a new manufacturing facility in Hungary, close to the town of Debrecen.
Daimler has selected Solace to provide the technology powering its Mercedes Me app and associated services by streaming information between vehicles and back-end applications.
Chinese turbocharger specialist BMTS Technology is to open a new factory in Saltillo, in the Mexican state of Coahuila, to meet increased demand from automakers in North America.
Malaysia's newly-elected prime minister, Mahathir Mohamad, said his government was considering introducing new restrictions on car imports to help nurture the country's "infant" domestic automotive industry.
Although UK car production for export markets held up in June, production for the UK domestic market was some 47.2% down on last year's pace.
Ralf Brandstatter, 49, the Volkswagen brand's board level head of procurement, has been named chief operating officer (COO) of the brand from 1 August, 2018.
News
31 Jul, 2018
The SEAT Arona is the first car in its class to feature a digital display, with the Ibiza supermini also getting the tech
British commercial vehicle manufacturing grew 6.1% in June with 7,769 vehicles leaving production lines, according to the data from the Society of Motor Manufacturers and Traders (SMMT).
BMW will open a factory in Hungary next year capable of building conventional and electrified models, joining rivals Mercedes and Audi in producing cars in the eastern European country.
BMW plans to invest $1.17 billion in a new assembly plant in Hungary, its first factory in Europe in nearly two decades as the automaker strengthens its European footprint amid growing protectionism.
Honda reported an 11 percent increase in companywide quarterly profit as rising sales in North America and aggressive cost-cutting offset foreign exchange rate losses. European profit was up 6 percent.
Honda reported an 11 percent increase in operating profit in the most recent quarter as rising sales in North America offset foreign exchange rate losses.