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Oct
30th

Fiat Chrysler Q3 earnings marred by Europe, Asia

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Fiat Chrysler said earnings rose 13 percent in the third quarter despite losses in Europe and Asia.
Oct
30th

Bulgarian racing-car maker eyes IPO to begin EV push

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Sin Cars, a Bulgarian producer of racing cars that compete in the GT4 European amateur championship series, plans to go public to finance expansion into the EV market.
Oct
30th

New lightweight Ford GT Carbon Series revealed – pictures

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Oct
30th

Toyota, Pizza Hut want to deliver fresh-cooked pies in autonomous pickup

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Pizza Hut and Toyota are fusing two of America's favorite pastimes -- pizza and pickups -- in a bid to cut delivery times as fast-food competition heats up.
Oct
30th

Toyota, Pizza Hut want to deliver fresh-cooked pies in autonomous pickup

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Pizza Hut and Toyota have unveiled a robot-operated mobile pizza factory in the bed of a modified Toyota Tundra pickup. The vehicle will use automated technology to cook pizzas on-the-go in the U.S.
Oct
30th

New lightweight Ford GT Carbon Series revealed

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Ford GT Carbon Series - front
News 30 Oct, 2018

Special edition Ford GT Carbon Series model trims 18kg from regular GT's weight and gains a range of cosmetic tweaks

Oct
30th

Weaker yen lifts Honda outlook

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Honda has raised its operating profit forecast for the current fiscal year by 80bn yen to 790bn yen as the company benefits from more favourable currency movements and higher sales of motorcycles in Asia.
Oct
30th

Johnson Controls said to be near deal to sell battery business

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Johnson Controls International is nearing a deal to sell its power solutions business, which makes car batteries, to Brookfield Asset Management Inc. for $13 billion-$14 billion, people familiar with the matter told Reuters.
Oct
30th

AutoNation increases net income 15%, invests in online retailer Vroom

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AutoNation's third-quarter net income rose on gains in the company's parts and service, used-vehicle and FandI businesses. The dealership group also announced a strategic investment in online used-car retailer Vroom.
Oct
30th

Mazda Europe names new design director

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Mazda Motor Europe has announced that Jo Stenuit (49) will be the brand's new European design director.
Oct
30th

Hyundai and China’s BTIRDI join over Hydrogen Energy Fund

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Hyundai Motor has entered into a memorandum of understanding (MOU) with Beijing-Tsinghua Industrial R&D Institute (BTIRDI) to jointly establish a 'Hydrogen Energy Fund'.
Oct
30th

Avtovaz announces senior management changes

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Avtovaz has unveiled a raft of new appointments effective 1 November.
Oct
30th

Volkswagen reviewing autonomous car alliances, Waymo seen as a leader

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Volkswagen CFO Frank Witter said the automaker was open to deeper alliances with outside companies, particularly in the area of autonomous driving, where Google's Waymo is seen to be an industry leader.
Oct
30th

Volkswagen reviewing autonomous car alliances, Waymo seen as a leader

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Volkswagen CFO Frank Witter said the carmaker was open to deeper alliances with outside companies, particularly in the area of autonomous driving, where Google's Waymo is seen to be an industry leader.
Oct
30th

GM cautious on switch to platinum even as palladium price soars

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Palladium's surge to a record has intensified talk among analysts that carmakers will look to replace it with cheaper platinum for use in pollution-control devices. The auto industry's answer: Not so fast.
Oct
30th

Harman opens new Israel headquarters

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Harman has opened a new, 46,000 square feet facility, located in Hod Hasharon, Israel, which will serve as the headquarters for the supplier in the country.
Oct
30th

VW Q3 operating profit down 18.6%

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Volkswagen Group has reported an 18.6% decline to third quarter operating profit as its bottom line was dented by weaker vehicle sales and the impact of tighter emissions testing regulations - WLTP -  in Europe.
Oct
30th

VW 3rd-quarter profit falls 19% as anti-pollution rules bite

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VW Group was weighed down by weaker vehicle sales and headwinds tied to the introduction of more stringent WLTP emissions rules in Europe.
Oct
30th

Former Audi CEO Rupert Stadler released from custody

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Former Audi CEO Rupert Stadler, who is being investigated for his role in Volkswagen Group's emissions-cheating scandal, has been released from custody in Germany.
Oct
30th

Former Audi CEO Rupert Stadler released from custody

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A Munich court said former Rupert Stadler, who is being investigated for his role in Volkswagen's emissions cheating scandal, had been released from custody.
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