BorgWarner has unveiled second-quarter net earnings down 37% to US$172m, while six-month numbers fell to US$332m from US$497m.
The UK's Atomic Energy Authority (UKAEA) has announced the completion of a new UK5.8m facility, built to support the development of connected and autonomous vehicles (CAV).
Lear corporation has reported net income down 45% in the second quarter. Lear's results were negatively impacted by continued declines in industry production and adverse currency movements.
According to Daimler, EQ is meant to be an abbreviation for "Electric Intelligence". While it is also used as a prefix for battery-electric smart cars as well as for powertrains in Mercedes-Benz and Mercedes-AMG partially electrified cars and SUVs, this report centres on models which are fully electric, bespoke EQ vehicles.
Bosch infrastructure combined with Daimler vehicle technology means cars can now be parked and retrieved without a driver at the Mercedes-Benz Museum parking garage in Stuttgart.
A new technology that could see tyres generate electricity whilst driving is being developed by engineers in Japan.
Porsche increased sales and operating profit in the first half of 2019 but special items related to diesel emissions fines took the shine off.
Michelin has recorded first-half net income down 8% to EUR844m (US$940m), with volume falling 0.9%.
Magna International has signed a joint venture agreement with China's BAIC Group and the Zhenjiang municipal government to build new energy vehicles in the city of Zhenjiang in Jiangsu province.
The aluminium producer Hydro now supplies sustainable aluminium for the battery housing of the first fully electric model of the company - e-tron.
Ford has unveiled an agreement with the California Air Resources Board (CARB) and three other automakers, which will provide greater regulatory certainty regarding fuel economy standards for the next several years.
Renault has posted first-half net income down almost 50% to EUR1.05bn (US$1.16bn), while revenue also fell 6.4% to EUR28.1bn after what the manufacturer describes as a "degradation in demand."
News
26 Jul, 2019
The Ford Fiesta Trend will replace the old Fiesta Zetec as the new base spec model, with prices starting at £15,995
South Korean components manufacturer Hyundai Mobis announced it plans to invest KRW380bn (US$321m) in a new production facility for electric vehicle components in the country.
Opinion
27 Jul, 2019
The decision makers at Highways England need to be held accountable for the mess they made with the M2 closure, says Mike Rutherford
Gestamp, the metal components maker, said its second quarter was better than the first as revenue rose 7.8% to EUR2,344m and EBITDA was up 9% to EUR272m.
Jaguar Land Rover said its first fiscal quarter pre-tax loss of GBP395m was "consistent with the outlook provided for the quarter".
News
25 Jul, 2019
The special edition Ford Mustang celebrates the 55th anniversary of the ubiquitous muscle car, with sales starting in August
China's Evergrande Group said it had agreed to establish a joint venture with Germany's Hofer Powertrain to develop and manufacture electrical systems for electric vehicle powertrains, according to local reports in China.