Daimler has posted Q3 earnings (EBIT) down 27% on last year as its bottom line was squeezed by slower sales in the German market weighed down by regulatory actions against diesels.
VW Group is exploring a European partnership in the area of mobility services with Waymo and a battery investment with SK Innovation, a report said.
VW Group is exploring a European partnership in the area of mobility services with Waymo and a battery investment with SK Innovation, a report said.
UK car production fell by 17 percent last month, hit by new emissions regulations, model changes, trade tensions, and uncertainty over diesel policy and Brexit.
Aston Martin Lagonda (AML) has announced the opening of a new design studio in Shanghai.
Penske Automotive's third-quarter earnings set records, aided by increases in overall sales, plus higher gross profits in most parts of its retail automotive business.
UK car output fell by 16.8% in September according to the latest data issued by the Society of Motor Manufacturers and Traders (SMMT).
Visteon Corporation said third quarter 2018 sales fell to US$681m, compared with $765m in Q3 2017. Net income was $21m or $0.71 per share, compared with $43m ($1.35) a year ago.
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26 Oct, 2018
Data shows the back seats are the most nausea-inducing place to sit, while reading in the car is the primary cause of car sickness
Jaguar Land Rover has formally started its EUR1.4bn (US$1.6bn) manufacturing facility in Nitra, Slovakia, the first time a UK automotive company has opened a factory in the Central European country.
Heavy commercial vehicle brake adjusters and disc brakes specialist Haldex said it increased net sales in all regions in the third quarter.
Chancellor Angela Merkel's cabinet backed plans to tackle Germany's diesel-car crisis, including steps to ease driving bans in particularly polluted cities.
Gestamp has opened its first plant in Japan, located in Matsusaka (Mie prefecture) with an investment of more than EUR40m (US$46m).
Faurecia will buy a majority stake in car navigation system maker Clarion from Hitachi for about $710 million, the Nikkei reported.
Faurecia has agreed to buy Japanese car navigation system maker Clarion from Hitachi in a 141 billion yen ($1.3 billion) deal to strengthen its presence in new auto technologies.
Jaguar Land Rover officially launched its Slovakia plant amid warnings that UK production jobs could be at risk because of Brexit.
Jaguar Land Rover officially launched its Slovakia plant amid warnings that UK production jobs could be at risk because of Brexit.
Daimler finance chief Bodo Uebber said the automaker is reviewing ways to counter tariffs between China and the United States that have caused a price hike of Mercedes SUVs sold in China.
Faurecia has unveiled a new joint venture with Chinese supplier, Liuzhou Wuling Automotive Industry.