Jun
28th
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The US vehicle market is trending down in 2019, but transaction prices are nevertheless estimated to have been at record levels in the year so far.
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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Jun
27th
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Porsche SE chairman Hans Dieter Poetsch told an audience of about 3,500 shareholders at the annual general meeting the company had increased its group profit 6% year on year to EUR3.5bn thanks to a EUR3.6bn (EUR3.4bn in 2017) contribution from Volkswagen AG.
Jun
27th
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Groupe PSA has confirmed it is planning to make the next generation Astra at Vauxhall's Ellesmere Port, UK, plant, though the announcement said it would be subject to the terms of the UK's exit from the European Union planned for later this year.
Jun
27th
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As a next stage of its acquisition, ZF Friedrichshafen said Wabco shareholders had approved the proposed takeover of their company.
Jun
27th
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Velodyne Lidar has reportedly hired bankers to help the company go public. Reports suggest an IPO could happen later this year if market conditions are suitable.
Jun
27th
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Gestamp has opened a new aluminium plant in Nitra, Slovakia.
Jun
27th
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Around 12,000 axed jobs are part of the cost of Ford launching "a new business model and fresh vehicle line-up" today in what it called "the most comprehensive redesign in the history of its business in Europe".
Jun
27th
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A location reportedly has been chosen for BMW's new assembly plant in Russia.
Jun
27th
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Tips & advice
27 Jun, 2019
Jun
27th
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UK car output declined for the 12th month in a row in May.
Jun
27th
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Volkswagen is launching its WeShare car sharing system in Berlin today.
Jun
27th
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Nissan has made its Pro Pilot driver assistance system available with all automatic transmission models in its Qashqai SUV range.
Jun
27th
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With its new approach "Light Design", lighting and electronics specialist Hella says it is the first supplier to offer a complete system for complex lighting systems.
Jun
27th
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Hyundai Motor has signed an agreement to join forces with Saudi Aramco in hydrogen energy and to collaborate in the development of non-metallic materials and other emerging technologies.
Jun
26th
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A new Edmunds report says that 2019 has been a year of contrasts for automakers as they struggle to find a new normal amid rising interest rates, waning demand, dramatic growth in the used market and uncertain government policies.
Jun
26th
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Geely-owned Volvo Cars says it is launching armoured cars for 'people needing heightened protection'.
Jun
26th
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Steering systems specialist Nexteer has opened its first African plant in Kenitra, Morocco.
Jun
26th
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Hitachi Automotive Systems said its stereo camera, which enables the detection of pedestrians at night, has been chosen by Suzuki Motor Corporation for the Every light commercial vehicle and wagon light passenger vehicle derivatives.
Jun
26th
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Toyota Motor Corporation Australia (TMCA), now well freed of the shackles of local manufacturing, has posted an after-tax profit of A$206m for the year ending 31 March 2019.