China has been a tough market for Hyundai and Kia in the last few years. The most recent data released by the Hyundai Motor Group, comprising the Hyundai and Kia brands, shows sales in the country fell by 22% to 343,383 in the first five months of 2019 from 438,364 units in the same period of last year.
Wabco and Vos Logistics have signed an agreement for the former's Fleet Management Solutions (FMS).
Schaeffler has signed an agreement under which the management of Schaeffler Friction Products Hamm will take over the ownership of the company, with the buyout saving all 110 jobs.
Daimler says it has opened a new testing facility for EMC and antenna systems.
Brembo has co-opted Daniele Schillaci and appointed him CEO following the resignation of Andrea Abbati Marescotti.
Brussels has opened an in-depth investigation to assess whether Spain's plan to grant EUR20.7m (US$23.4m) of public support to PSA for investing in its existing car plant in Vigo is in line with EU rules on regional State aid.
Grab and Splyt Technologies are increasing their collaboration to give travellers access to ride-hailing services on a global basis.
Sales of new passenger cars and LCVs in Russia decreased by 6.7% in May to nearly 138,000 vehicles, continuing a falling trend in 2019.
Geely's Volvo Cars posted strong sales in May 2019, with volumes up 12.4 per cent compared with the same period last year. The double-digit volume growth was led by the continued demand for the XC60. Continuing QUBE/just-auto's review of interior design and technology trends, we take a closer look inside this best-selling SUV.
China's electric vehicle battery manufacturer Contemporary Amperex Technology Ltd (CATL) said it is increasing its planned investment in R&D and production facilities in Europe to EUR1.8bn, according to reports in China.
The Indonesian new vehicle market continued to decline sharply in May 2019, by 16.3% to 84,146 units from 100,498 units a year earlier, according to wholesale data compiled by industry association Gaikindo.
Toyota plans to invest up to JPY210bn (US$1.9bn) in Indonesia by 2023 to produce electric and plug-in hybrid vehicles, according to reports in Japan citing Indonesian government sources.
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2 Jul, 2019
The new Audi S8 flagship saloon gets a 4.0-litre mild-hybrid V8, four-wheel steering and quattro all-wheel drive
Monet Technologies has announced that it concluded capital and business partnership agreements with Isuzu, Suzuki, Subaru, Daihatsu and Mazda respectively. Isuzu, Suzuki, Subaru, Daihatsu and Mazda each plan to invest in Monet by August 2019 and acquire approximately 2% of its shares.
Hyundai Autron and Wind River have inked a partnership to develop an autonomous driving and connectivity software platform to power next-generation automobiles.
Foresight Autonomous has signed a multi-phase technological cooperation agreement with an unnamed Chinese Tier One supplier to develop mobility solutions and specifically for two Chinese OEMs.
Ford and Vodafone are testing new connected-vehicle technology which could make it easier to find parking spaces in city centres.
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