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Jul
31st

New Skoda Karoq Scout breaks cover ahead of Paris Motor Show

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Skoda Karoq Scout front quarter
News 31 Jul, 2018

Skoda Karoq SUV gets the Scout treatment with three all-wheel-drive drivetrains and some off-road styling

Jul
31st

BMW drops subscription prices

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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.
Jul
31st

Aptiv posts Q2 net income down 2% to US$291m

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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.
Jul
31st

Panasonic sees Tesla battery profit by October

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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.
Jul
31st

How JLR lost $276 million last quarter

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Jaguar Land Rover posted a quarterly loss as higher incentives in China. Europe's diesel slump also hit earnings.
Jul
31st

Jaguar Land Rover posts loss on China incentives, diesel decline

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Jaguar Land Rover posted a quarterly loss as higher incentives in China and Europe's diesel slump hit earnings.
Jul
31st

Denso sees JPY70-80bn yen hit from US import restrictions – reports

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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.
Jul
31st

Interview – ex-Renault CEO Louis Schweitzer

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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.
Jul
31st

BMW to build new plant in Hungary

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BMW is to build a new manufacturing facility in Hungary, close to the town of Debrecen.
Jul
31st

Daimler selects Solace for Mercedes Me app technology

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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.
Jul
31st

New Mexican turbo factory to meet North American demand

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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.
Jul
31st

Malaysia considering restrictions on auto imports

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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.
Jul
31st

Production for UK market plunges 47% in June

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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.
Jul
31st

Volkswagen names new brand COO

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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.
Jul
31st

SEAT brings digital dials to its Arona and Ibiza lineups

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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

Jul
31st

Britain boosts commercial vehicle output in June as YTD slows

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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).
Jul
31st

BMW will open $1.2 billion car plant in Hungary

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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.
Jul
31st

Why BMW is investing $1.2 billion in Hungary

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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.
Jul
31st

Honda’s quarterly European profit climbs 6%

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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.
Jul
31st

Honda profit climbs 11% on North American sales, cost cutting

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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.
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