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Mar
29th

M&A, restructuring, plants – the week

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M&A, 'restructuring' and plant news dominated a busy week which is (TGIF) drawing to a welcome close. May as well start with Ford.
Mar
29th

‘The UK government needs to create a new car company after Brexit’

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Opinion 30 Mar, 2019

If Brexit happens then the government should use it to create a UK-run car company, says Mike Rutherford

Mar
29th

Tesla supplier buying GM Korea factory for EV contract manufacturing

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A South Korean Tesla supplier will buy a closed car assembly factory from General Motors Korea and start contract manufacturing of electric vehicles, local media reports said.
Mar
29th

Tenneco appoints Richard Kwas as Investor Relations VP

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Tenneco has appointed Richard Kwas as vice president, investor relations.
Mar
29th

PPG creates automotive OEM services organisation

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PPG is creating an OEM services organisation to support vehicle manufacturers worldwide through an expanded portfolio of technologies, technical services and related capabilities.
Mar
29th

Nissan unveils its first ‘Nissan City Hub’ in France

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Nissan has unveiled its first Nissan City Hub - described as a 'revolutionary new convergence between e-commerce and a concept store' - that's making its debut a stone's throw from Paris in Vélizy 2, a bustling shopping centre.
Mar
29th

Siemens named as VW cloud integration partner

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After VW and Amazon Web Services (AWS) said yesterday (28 March) they would develop the Volkswagen Industrial Cloud together and had agreed a multi-year, global deal to jointly carry out the project, VW said on Friday Siemens was joining as an integration partner.
Mar
29th

Lyft beats Uber to IPO

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Ride-hail firm Lyft is set to debut on the Nasdaq stock market today (29 March) with shares priced at US$72, ahead of the initial guidance range of $62-$68 amid expectations of high demand from investors. If demand for the shares proves high, the company could achieve a valuation in excess of $24bn.
Mar
28th

COMMENT – Daimler-Geely deal on Smart brand good for both

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Daimler has struck a deal with Geely for a 50:50 joint venture based in China to develop and operate the Smart brand globally as an all-electric carmaker.
Mar
28th

UK engine production falls by 7 per cent in February

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General Motors factory
News 28 Mar, 2019

All seven engine manufacturers here in the UK are hit by the decline

Mar
28th

Honda Indonesia assembler marks 20 years’ operation

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PT Honda Prospect Motor (HPM), Honda Motor's automobile subsidiary in Indonesia, has celebrated its 20th anniversary at its factory in Karawang, West Java.
Mar
28th

Volvo Cars to renew Torslanda paint shop

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Volvo Cars said it would replace its current paint shop at its Torslanda, Sweden car manufacturing plant with a new one which would reduce energy consumption and emissions by at least a third.
Mar
28th

ZF signs definitive agreement to acquire Wabco

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ZF Friedrichshafen AG has announced that it has entered into a definitive agreement to acquire Wabco for US$136.50 per share.
Mar
28th

Three more automakers join Japan’s D-Call Net

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Three new automakers - Subaru, Nissan, and Mazda - will participate in Japan's D-Call Net system which comprises the non-profit Emergency Medical Network of Helicopter (HEM-Net), auto manufacturers, and service providers.
Mar
28th

Hino, Honda, join Monet mobility partnership

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Honda Motor and Toyota subsidiary Hino are to join the Mobility as a Service (MaaS) joint venture between SoftBank and Toyota known as Monet Technologies.
Mar
28th

Nissan chief ‘unaware’ of Renault FCA bid

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Nissan Motor CEO Hiroto Saikawa has said he was unaware of discussions about the possibility that Renault was considering a bid for Fiat Chrysler Automobiles (FCA).
Mar
28th

World’s first indoor winter test track opens in Finland

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Indoor Winter Testing facility
News 28 Mar, 2019

Finnish indoor test facility offers over mile-long indoor test track, allows for year-round winter testing

Mar
28th

Toyoda Gosei develops lightweight plastic turbo duct for automobiles

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Toyoda Gosei has developed a turbo duct made entirely of plastic.
Mar
28th

PSA nabs controlling stake in Chinese aftermarket parts supplier

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PSA said it was acquiring a controlling interest in Longstar to further expand its spare parts business in China.
Mar
28th

Ford to expand engine plant in South Africa

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Ford Motor Company of Southern Africa (FMCSA) is expanding its operations at the Struandale Engine Plant in Port Elizabeth as part of a wide-ranging investment in its two South African plants, announced late last year.
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