VW, Daimler and BMW are bracing themselves after the U.S. circulated a draft report on tariffs and the EU said a looming trade war between Europe and the U.S. may soon come to an end.
VW, Daimler and BMW are bracing themselves after the U.S. circulated a draft report on tariffs and the EU said a looming trade war between Europe and the U.S. may soon come to an end.
Johnson Controls said it would sell its power solutions business, which makes car batteries, to a Canadian investment firm in a cash deal valued at $13.2 billion.
Johnson Controls International has unveiled a definitive agreement to sell its Power Solutions business to Brookfield Business Partners, together with institutional partners including Caisse de dépôt et placement du Québec in a cash transaction valued at US$13.2bn.
New vehicle sales in Vietnam continued to rebound in October, by over 39% to 28,041 units from weak year-earlier sales of 20,156 units, according to member data released by the Vietnam Automotive Manufacturers Association (VAMA).
An experienced securities lawyer has left Tesla just as the company needs one under its fraud settlement with U.S. regulators.
Delphi Technologies has reported third-quarter revenue of US$1.2bn and US$3.7bn for the year-to-date period, a decrease of 1% and an increase of 2% compared to the respective equivalent prior period, on an adjusted basis.
Tesla's Board of Directors has announced that Robyn Denholm has been appointed as chair of the Tesla Board, effective immediately.
Nissan has announced the opening of a new office for the Russian subdivision of Nissan Technical Centre Europe (NTCE) in St Petersburg. The mission of the facility is the development of vehicles, as well as the implementation of technological innovations, for the Russian market.
Hyundai Motor and Kia Motors have entered a new pan-European strategic partnership with Vodafone to provide customers with fully-connected in-car infotainment and connected car service.
Hella is to sell Norwegian wholesale company, Hellanor and complete the sale of the wholesale business.
Eaton European Innovation Centre (EEIC) is embarking on a joint R&D programme with the Czech Technical University in Prague.
On Wednesday 14 November 2018, Audi will begin the first of eight recalls for cars with V TDI engines in Germany.
Magna has recorded third-quarter net income up 8% to US$554m, due to what it says is a "substantially lower income tax rate."
News
13 Nov, 2018
The new BMW M340i xDrive is the warm up act for the next M3, and will go on sale in the summer with all-wheel-drive
Ford is partnering with Yakima and working through its dealers to offer 150 parts and accessories for its new midsize pickup, including bed racks, tow hooks and paddleboard carriers. All parts come with a 3-year/36,000-mile Ford warranty.
VW Group-owned Skoda brand is aiming to double its share of the Chinese car market according to a report in the China Daily newspaper.
Waymo is planning to launch the world's first commercial robotaxi service in early December in Phoenix., Bloomberg reported.
Waymo will launch a commercial robotaxi service next month operating under a new brand to compete with Uber and Lyft, Bloomberg reported.
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