Volkswagen says the conversion of the vehicle factory in Zwickau to the 'largest production site for electric mobility in Europe is right on schedule'.
The Eberspaecher Group of Companies is investing in a component plant for exhaust technology in Mexico. The new building in Saltillo will house manufacturing facilities for existing and future contracts in the NAFTA market.
VW-Group-owned Audi AG delivered around 140,300 cars to customers worldwide in April, down 12.8% year-on-year.
News
10 May, 2019
Electric Kia range-topper to be inspired by the Imagine concept, and our exclusive images preview how it could look
Inteva has completed the sale of its Roof Systems product line to CIE Automotive.
News
9 May, 2019
Leaked documents suggest PSA could buy JLR; PSA spokesman says company will consider acquisition “if an opportunity comes”
Mitsubishi Motors said it boosted fiscal 2018/9 sales 14.7% year on year to JPY2,514.6bn while operating profit increased to JPY111.8bn from JPY98.2bn for an operating margin of 4.4%.
General Motors said it was "in discussions with Cincinnati-based Workhorse Group and an affiliated, newly formed entity" to sell the Lordstown factory complex in Ohio.
PSA is remaining tight-lipped concerning rumours it might be looking to acquire Jaguar Land Rover, although it noted it was "open to opportunities."
News
9 May, 2019
The DVSA has introduced a new system allowing MoT certificates to be printed at home, saving British motorists around £6 million a year
New data from the European Automobile Manufacturers' Association (ACEA) highlighted the correlation between the affordability of electric cars and their market uptake. The analysis compared national data on the sales of electrically-chargeable vehicles (ECVs) with GDP per capita in the EU member states for full year 2018. The data showed all countries with an ECV market share of less than 1% - half of all EU member states - have a GDP per capita below EUR29,000.
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9 May, 2019
Thatcham Research releases new guidelines for recalibrating advanced driver assistance systems following a collision
Mazda Motor Corporation said it sold 1,561,000 vehicles worldwide ended 31 March 2019.
Alliance Ventures, the strategic venture capital fund that invests in technology startups for Renault Group, Nissan Motor Company and Mitsubishi Motors, announced a partnership with Plug and Play China to "cooperate on open innovation" in the world's second largest economy.
Continental has posted year-on-year first-quarter net income attributable to the shareholders of the parent, down 22% to EUR575m (US$643m), although it says sales were "on par" at EUR11bn.
News
9 May, 2019
Swiss start-up brand Piech has released some early design sketches and performance specifications for its upcoming all-electric models
Toyota Motor and EV battery supplier Panasonic plan to establish a joint company to develop connected services to be used in homes and urban development, a media report said.
Toyota Boshoku is to open an office in Gurgaon City in the Indian State of Haryana for sales and development.
News
9 May, 2019
First Minister Mark Drakeford has said the Welsh Government wants 20mph to become the “default” speed limit for residential areas