Auto News 5

Airton Cousseau will be senior vice president, marketing and sales, at Nissan North America from 1 June.

Toyota Research Institute-Advanced Development (TRI-AD), Toyota's automated driving software development company, Maxar Technologies (Maxar), a global technology innovator powering the new space economy, and NTT DATA Corporation (NTT DATA), a leading IT services provider, today announced they will collaborate on a proof of concept building automated high-definition (HD) maps for autonomous vehicles using high-resolution satellite imagery.

Toyota Motor Corporation (Toyota) has announced that it has completed work on the central section of its new research and development facility, named Toyota Technical Centre Shimoyama, located in a mountainous area straddling the cities of Toyota and Okazaki. This section, which primarily features a winding country road test course, will begin partial operations today.

Visteon's first quarter 2019 net income fell to $14m or $0.49 per share compared with $65m or $2.11 a year earlier.

Geely's Volvo Cars has reported global first quarter 2019 retail sales up 9.4% to 161,320 cars. Revenue rose 10.7% year on year to SEK62,910m.

News 25 Apr, 2019

Ford’s self-braking supermarket trolley uses sensor technology to detect and avoid everyday accidents

Tesla last night announced a Q1 2019 loss as revenue rose, but not as much as analysts expected.

News 25 Apr, 2019

Volvo Online allows customers to configure and finance a new Volvo in just 20 minutes; service will guarantee value of part exchanges

Groupe PSA has reported a 1.1% decline in Q1 revenue, as it was hit by lower sales outside of Europe and currency movement headwinds.

GS Yuasa has launched operations at the newly opened Inci GS Yuasa lead acid storage battery plant in Manisa, Turkey.

A US investigation into airbags using TRW (absorbed into ZF) control units now includes millions of additional cars, according to US media reports.

Workers losing their jobs this summer under Ford's plans to axe car production in Russia are protesting for higher pay-offs, according to reports in Russia.

News 24 Apr, 2019

Significant Ford investment sees industry giant gain access to Rivian’s new all-electric platform

Didi Mobility Japan, a joint venture (JV) between China's Didi Chuxing and SoftBank, is to expand its taxi-hailing service to 13 cities across Japan.

Ford has invested US$500m in Rivian and the two companies will develop a new, battery electric vehicle for the automaker using Rivian's skateboard platform.

Ratings agency Fitch says that selective alliances are likely to be a medium-term alternative to full-scale mergers and mega acquisitions to support automotive manufacturers' credit profiles.

The entry-level diesel engine option with the new Range Rover Evoque meets the Real Driving Emissions 2 (RDE2) standard, it has been confirmed.