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Jul
3rd

Lithium miners say automakers ‘have absolutely no clue’

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Despite bullish forecasts for global demand -- especially with accelerating production of electric vehicles -- lithium may have a funding problem. Banks are wary.
Jul
3rd

Italy market decline accelerates in June

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Sales of new cars in Italy declined 7.3 percent in June, according to figures published by the country's transport ministry. The decrease follows a 2.8 percent drop in May.
Jul
3rd

June auto sales: Toyota, FCA, Ford, Nissan rise on higher pickup, SUV and crossover demand

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Ford, Toyota, FCA and Nissan posted higher U.S. sales in June behind strong pickup, SUV and crossover demand.
Jul
3rd

June auto sales: Toyota, FCA, Ford, Nissan rise on higher pickup, SUV and crossover demand

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U.S. light-vehicle deliveries, boosted by healthy deals, America's surging appetite for light trucks and an extra weekend of sales, rose 5.2 percent in June as the auto industry closed out the first half of 2018 on a high.
Jul
3rd

Hyundai invests in Israeli auto tech firm Autotalks

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Hyundai said it was partnering with Autotalks, an Israeli provider of vehicle to everything communication technology for improving road safety.
Jul
3rd

Hyundai Motor union votes to strike over pay

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Hyundai Motor's unionised workers in South Korea have voted to strike over stalled annual wage talks. The news comes as the company's share price slides amid worsening prospects in the US and China markets.
Jul
3rd

Japanese automakers make way more cars in U.S. than they import from home

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That's the result of measures taken since the 1980s, when laid-off Detroit autoworkers vented their frustrations by bashing Japanese cars with sledgehammers.
Jul
3rd

PFA bangs French manufacturing drum

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A former French Minister is urging the automotive sector to "not be defensive" as it looks to the myriad challenges presented by new technologies which are starting to impact the diesel sector in particular.
Jul
3rd

Mexico election will jump-start NAFTA talks, adviser says

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A top adviser to presidential winner Andres Manuel Lopez Obrador said an agreement is possible before the next government takes power in December.
Jul
3rd

German carmakers optimistic on 2018 growth despite looming tariffs

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German auto trade body VDA said it now expects Germany's market to grow by 1 percent to around 3.5 million vehicles this year, compared with a previous guidance for 3.4 million.
Jul
3rd

German automakers predict growth despite tariff risk

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Germany's VDA auto industry lobby has nudged higher its forecast for growth in domestic car sales this year even as the sector continues to grapple with the aftermath of the diesel crisis and a looming trade war with the U.S.
Jul
3rd

VW to separate components business

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Similar to Volkswagen's Passenger Cars and Commercial Vehicles brands, Components is to become an independent corporate entity under the umbrella of VW AG from January 2019.
Jul
3rd

Chamber of Commerce maps out states most vulnerable to Trump tariffs

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States with large automobile production facilities, such as Michigan and South Carolina, are among the most exposed to the tariffs, according to the chamber's analysis.
Jul
3rd

Salvage supercars: the UK scrapyard with a difference – pictures

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Jul
3rd

Tesla taking break after hitting Model 3 production target

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Even real car companies need a breather now and then.After working around the clock for weeks on end to surpass a production goal, Tesla Inc.
Jul
3rd

Cummins to acquire electric and hybrid powertrains producer EDI

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Cummins has announced that it is acquiring Silicon Valley-based Efficient Drivetrains (EDI), which designs and produces hybrid and fully-electric power solutions for commercial markets.
Jul
3rd

Stadler receives advice from a former CEO prisoner

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Audi CEO Rupert Stadler is unusual in being one of only a handful of senior global executives to be jailed in Germany.
Jul
3rd

Audi’s Stadler gets advice from former CEO prisoner

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Audi CEO Rupert Stadler is unusual in being one of only a handful of senior global executives to be jailed in Germany. One of the few other corporate leaders to suffer a similar fate was Thomas Middelhoff.
Jul
3rd

From executive suite to jail: One German CEO’s tales of prison

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While jailing executives is an almost unheard of occurrence in Germany, that's just what happened to Audi CEO Rupert Stadler last month. One of the few other corporate leaders to suffer a similar fate was Thomas Middelhoff.
Jul
3rd

VW to launch its new small SUV in Europe this autumn

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Volkswagen said its T-Cross small SUV - shown as a 'study' at the 2016 Geneva show - will be launched in Europe next autumn.
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