Jul
19th
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Commerce Secretary Wilbur Ross said it was "too early" to say if the United States would impose tariffs of up to 25 percent on imported cars and parts.
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Jul
19th
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Asahi Kasei, as part of a long-term strategy to triple its automotive business, said it plans to acquire U.S. interiors supplier Sage Automotive Interiors in a deal valued at $1.1 billion.
Jul
19th
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Henkel says solutions addressing the 'pain points of OEMs and tier suppliers include liquid gasketing, magnet bonding, thermal management and potting products as well as an impregnation service.
Jul
19th
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Clearlake Capital Group has announced a definitive agreement to sell Sage Automotive Interiors to an affiliate of Asahi Kasei.
Jul
19th
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Nissan's premium Infiniti brand is to add a start-up 'LAB' in Hong Kong.
Jul
19th
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Borgward has picked Autodis Esch/Mersch as its first European dealer to handle sales in Luxembourg. The Chinese-backed automaker will still sell the majority of its China-built vehicles over the Internet in Europe.
Jul
19th
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Audi's suspended CEO Rupert Stadler has appealed to a court to be released from custody after spending the past month in jail.
Jul
19th
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Audi's suspended CEO Rupert Stadler has appealed to a court to be released from custody after spending the past month in jail. The executive was detained as part of a probe into emissions cheating.
Jul
19th
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Renault says pure EV vehicles will represent the "final destination" of the automotive industry as the sector continues to power ahead at around 50% per year growth of the market, although the manufacturer cautions on price.
Jul
19th
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Geely-owned Volvo Cars has reported its highest ever quarterly operating profit of SEK 4.2 billion (USD470m) for the second quarter of 2018, an increase of 28.6 per cent compared with the same period last year, driven by a strong increase in global retail sales.
Jul
19th
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Mazda Motor said it now had a "degree of certainty regarding parts supply and employees' commuting methods" and would restart two shift production at two plants in Hiroshima, Japan.
Jul
19th
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Honda Motor will begin sales of the Clarity PHEV, a new plug-in hybrid variant, on 20 July at dealerships in Japan.
Jul
19th
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Jul
19th
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New vehicle sales in Malaysia rebounded by 28.3% to 64,502 units in June from 50,273 units in the same month of last year, according to registration data released by the Malaysian Automotive Association (MAA).
Jul
19th
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The board of Continental is to undertake one of the 'largest organisational realignments in the company's history' with three new business sectors created. One of the sectors - powertrain - is being readied for a partial IPO in 2019.
Jul
19th
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China's Guangzhou Automobile Group Company (GAC) is spending US$4.45m on an R&D facility in Michigan ahead of its planned sales launch in the US in 2019.
Jul
19th
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The CEO of Canadian automotive components supplier Linamar has warned that the North American auto industry is potentially facing a crisis that will 'make 2009 look like a walk in the park' if the US imposes new import tariffs on vehicles and parts in addition to tariffs already imposed on steel and aluminium.
Jul
19th
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The Philippine vehicle market continued to deteriorate in June, with new sales plunging by 21.7% to 29,350 units from peak year-earlier sales of 37,479 units, according to member data released jointly by the Chamber of Automotive Manufacturers of the Philippines (CAMPI) and the Truck Manufacturers Association (TMA).
Jul
19th
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Mercedes extended its lead as the top-selling luxury brand over main rivals Audi and BMW in China last month as its sales jumped 14 percent. BMW registrations were up 1.6 percent, while demand for Audi vehicles fell 7.2 percent.
Jul
19th
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