banner The latest auto news, reviews, prices, product and vehicle releases. Auto News 5

Stay connected Subscribe to our RSS feed

Do not miss the latest Auto News !

Dec
11th

EIB loans EUR30m to Croatia’s Rimac Automobili

Stay connected Subscribe to our RSS feed
Europe's Investment Bank (EIB) is to provide a EUR30m (US$34m) loan to Croatian company, Rimac Automobili.
Dec
11th

ANALYSIS – New Product Development (NPD) bulletin

Stay connected Subscribe to our RSS feed
just-auto's New & Future Vehicles Editor, Glenn Brooks, provides a summary update on our latest intelligence surrounding OEM strategies and future new product, extracted from just-auto's product lifecycle database (PLDB)
Dec
11th

Hyundai, suppliers plan $6.7 billion investment to boost fuel cell output

Stay connected Subscribe to our RSS feed
Hyundai and its suppliers plan to spend $6.7 billion through 2030 to raise production of fuel cells by more than 200-fold as the automaker targets to become a key player in the new-energy vehicle technology.
Dec
11th

China car sales drop at steepest pace in nearly 7 years

Stay connected Subscribe to our RSS feed
China's automobile sales fell about 14 percent in November from a year earlier. It was the steepest decline since January 2012, when the timing of the Lunar New Year holiday hurt auto sales.
Dec
11th

Cars.com pressured to perform, shake up management or sell

Stay connected Subscribe to our RSS feed
Starboard Value is calling on Cars.com to improve its performance or consider selling itself or making management changes, about nine months after the activist hedge fund reached a settlement agreement with the online auto-dealing platform.
Dec
11th

Daimler buys EUR20bn worth of EV battery cells

Stay connected Subscribe to our RSS feed
Daimler is taking the next step in its its CASE corporate strategy by purchasing battery cells worth more than EUR20bn.
Dec
11th

New 2019 Toyota GR Supra Super GT Concept teased

Stay connected Subscribe to our RSS feed
Toyota Supra Super GT teaser
News 11 Dec, 2018

Toyota-Gazoo Racing has confirmed a motorsports version of its new Supra will make an appearance at Tokyo Auto Salon 2019

Dec
11th

China said to consider auto tariff cut mentioned in Trump tweet

Stay connected Subscribe to our RSS feed
China is moving toward cutting its trade-war tariffs on imported U.S.-made cars, a step already brandished by President Donald Trump as a concession won during trade talks in Argentina.
Dec
11th

UK company wins Daimler welder deal

Stay connected Subscribe to our RSS feed
Automotive stud welding equipment specialist Nelson Automotive has won a contract with Daimler which will see its equipment used to build Mercedes Benz C-class and S-class models.
Dec
11th

Dennis launches DrivingElectric magazine

Stay connected Subscribe to our RSS feed
DrivingElectric Issue 1
News 12 Dec, 2018

The launch issue of DrivingElectric magazine is on sale now in WH Smith high street and travel outlets

Dec
11th

BMW names new head of autonomous driving development

Stay connected Subscribe to our RSS feed
Alejandro Vukotich will replace Elmar Frickenstein, who has been in charge of the department since it was created in May 2016 and who will retire after a three-month handover phase in March.
Dec
11th

Court rejects Nissan ex-chairman Ghosn detention end appeal

Stay connected Subscribe to our RSS feed
A Tokyo court on Tuesday rejected ousted Nissan Motor chairman Carlos Ghosn's appeal to end his detention following his arrest last month on allegations of financial misconduct.
Dec
11th

Nissan ex-chairman Ghosn files complaint over detention

Stay connected Subscribe to our RSS feed
Carlos Ghosn, ousted chairman of Nissan Motor, has filed a complaint against a court decision to extend his detention following his re-arrest on fresh allegations of financial misconduct, the Tokyo District Court said on Tuesday.
Dec
11th

Vietnam sales jump 35% in November

Stay connected Subscribe to our RSS feed
New vehicle sales in Vietnam continued to rebound in November, by over 35% to 21,180 units from weak year earlier sales of 21,662 units, according to member data released by the Vietnam Automotive Manufacturers Association (VAMA).
Dec
11th

Daimler to buy $23 billion of battery cells in EV push

Stay connected Subscribe to our RSS feed
"We set another important milestone for the electrification of our future electric vehicles," Wilko Stark, who oversees procurement and supplier quality on the board of Mercedes-Benz Cars, said.
Dec
11th

Ghosn’s appeal to end detention rejected by Tokyo court

Stay connected Subscribe to our RSS feed
A Tokyo court rejected ousted Nissan Chairman Carlos Ghosn's appeal to end his detention following his arrest last month on allegations of financial misconduct.
Dec
11th

Ghosn planned to oust Nissan CEO before arrest

Stay connected Subscribe to our RSS feed
Ousted Nissan Motor chairman Carlos Ghosn was planning to propose replacing CEO Hiroto Saikawa at a company board meeting scheduled for late November before he was arrested by Tokyo prosecutors on 19 November for alleged financial misconduct, according to reports in Japan.
Dec
11th

Nissan to correct earnings to account for Ghosn’s unreported income

Stay connected Subscribe to our RSS feed
Nissan will file corrected earnings for past years in which Carlos Ghosn, the company's ousted chairman, allegedly under-reported his compensation by tens of millions of dollars.
Dec
11th

Why Hyundai’s top two randd execs are poised to resign

Stay connected Subscribe to our RSS feed
Hyundai Motor Group's two vice chairmen in charge of randd have offered to resign, three people familiar with the matter told Reuters.
Dec
11th

Governments conundrum with fuel tax hikes and climate change – academic

Stay connected Subscribe to our RSS feed
Persuading consumers of the need to remain vigilant when it comes to global warming issues continues to form the backdrop to new mobility solutions such as electric vehicles, according to one UK energy academic.
Hosted by CifTech Hosting.