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Aug
1st

VW struggles to meet WLTP standards because of skills shortage

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Volkswagen warned that a shortage of engineers is hampering efforts to get its cars to meet new WLTP emissions rules.
Aug
1st

JULY AUTO SALES: Ford, Toyota, Honda, Nissan dip amid car slump; Jeep propels FCA

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Paced by declines at Ford, the Japan 3, General Motors and Hyundai-Kia, light-vehicle sales fell an estimated 3.7 percent in July as the auto industry limped into the second half of a year projected to be weaker than the robust first six months.
Aug
1st

Jaguar Land Rover reports £264 million pre-tax loss

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Range Rover Velar - teaser
News 1 Aug, 2018

Profitability swings violently for Jaguar Land Rover in Q1 due to China, Brexit and diesel uncertainty

Aug
1st

VW eyes in-house solid state battery cell production

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Volkswagen is considering producing its own solid state battery cells with possible serial production from 2024 or 2025, its chief executive said on Wednesday.
Aug
1st

Ferrari Q2 profit rises, confirms outlook

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Ferrari reported a 7% rise in second-quarter adjusted core earnings and confirmed its outlook for the year, Reuters reported.
Aug
1st

Tesla’s strange story of a debunked threat; intrigue grows between Martin Tripp and Elon Musk

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The strange story of former Tesla worker Martin Tripp's brushes with law enforcement, and with Elon Musk, keeps getting stranger.
Aug
1st

Ferrari’s second-quarter profit jumps 7%

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Ferrari reported a 7 percent rise in second-quarter earnings, helped by sales of the 812 Superfast model and cars from the 488 family.
Aug
1st

Ferrari’s second-quarter profit jumps 7%

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Ferrari reported a 7 percent rise in second-quarter earnings, helped by sales of the 812 Superfast model and cars from the 488 family.
Aug
1st

AutoNation’s Q2 net, revenue grow on strong used-vehicle operations

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AutoNation's net income and revenue rose in the second quarter, primarily on gains in its used-vehicle business.
Aug
1st

VW Group posts Q2 operating profit up 22.7%

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Volkswagen Group has posted a positive set of quarterly financial results that exceeded analyst expectations, despite incurring additional costs connected with 'dieselgate' follow-up actions.
Aug
1st

Tesla to invest $5 billion in Chinese factory

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The company is considering raising funds in China to finance at least a portion of the investment for the plant, a person familiar with the plans told Bloomberg.
Aug
1st

Buick expanding Avenir to 2019 Regal Sportback

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The 2019 Buick Regal Sportback is the fourth vehicle globally to receive the Avenir high-end treatment.
Aug
1st

Ford promises unique towing tech for US Ranger

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Ford says its 2019 Ford Ranger - its return to the mid-size US truck segment - will offer innovative towing technology not available elsewhere when sales start later this year.
Aug
1st

How benchmarking helped Opel rebound

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Being able to benchmark against new owner PSA was a key advantage to help Opel/Vauxhall cut costs and reverse losses, Opel CEO Michael Lohscheller said.
Aug
1st

Mahle opens new UK test and certification centre

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Mahle has opened its new Worldwide Harmonised Light Duty test procedure (WLTP) and Real Driving Emissions (RDE)-capable test centre (RDEC) in Northampton in the UK.
Aug
1st

Mahindra’s new MPV named Marazzo

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Mahindra and Mahindra (M&M) has named its new global 7-seater MPV model, codenamed U321, as Marazzo. Derived from the Basque language, the word 'Marazzo' means shark and is linked to the vehicle's shark-inspired design.
Aug
1st

Mahle opens new UKntest and certification centre

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Mahle has opened its new Worldwide Harmonised Light Duty test procedure (WLTP) and Real Driving Emissions (RDE)-capable test centre (RDEC) in Northhampton in the UK.
Aug
1st

Jaguar Land Rover books first quarter pre-tax loss

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Tata Motors' Jaguar Land Rover Automotive has reported a a pre-tax loss of GBP264m for the three-month period ending 30 June 2018.
Aug
1st

Eaton Q2 net profit up 18% to US$610m

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Eaton has recorded net profit up 18% to US$610m for the second quarter of this year, while sales rose 7% to US$5.5bn.
Aug
1st

Continental Structural to add SMC line at Pouance facility

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Continental Structural Plastics (CSP), a Teijin Group Company, is to install a sheet moulding compound (SMC) line at its facility in Pouance, France, to support the need for its composite formulations in Europe.
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