Luxury sportscar maker Aston Martin has reported a first half loss of GBP78.8m (compares with a profit of GBP21m in same period last year). The firm blamed demand weakness in the UK and Europe for the setback.
Toyo Tyre is to establish a subsidiary in Serbia to construct and operate a new manufacturing plant in Indijia City.
UK commercial vehicle (CV) production fell by 57.2% in June, according to the Society of Motor Manufacturers and Traders (SMMT).
JAC Motors and Weichai have signed a strategic cooperation agreement in Hefei, Anhui, where JAC Headquarters is located.
Exide Technologies has announced the appointment of Lou Martinez as EVP and CFO.
Hitachi Automotive Systems is collaborating with Plug and Play bringing together start-ups with large corporations.
It's that time of year again - Hyundai Motor and Kia Motors workers this week voted in favour of strike action after management and unions failed to reach an agreement on wages.
Mitsubishi Motors Corporation (MMC) passed the milestone of exporting 4m vehicles from Thailand, and held a ceremony at Laem Chabang, Chonburi Province.
Two key committees in the US Congress said they were reviving efforts to pass long-stalled legislation to speed the adoption of self-driving cars.
American Axle & Manufacturing has named Fred Solomon, VP Global Procurement and Supplier Quality Engineering (SQE).
Denso has recorded first-quarter consolidated profit down 26% to US$530.3m, while revenue also fell 0.5% to US$12.3bn.
News
31 Jul, 2019
Kangarooing issue with manual 1.5 TSI Evo cars has existed for seven months; VW admits to problem, but doesn’t have a fix
Data released by the SMMT shows that car output fell 20% during the first half of the year as the UK automotive trade body also warned that the industry is incurring substantial Brexit mitigation costs ahead of the UK's planned departure from the EU trade bloc on October 31st.
Auto and tech industry experts have predicted it will be at least 12 years before fully autonomous vehicles are being sold to private buyers, according to a JD Power survey.
German auto supplier Eisenmann, which supplied Tesla in 2015 with a new paint shop at its Fremont plant in California, filed for insolvency in a sign of the growing economic problems crushing profits in the auto sector, Reuters reported.
Colorado and major automakers have reached a deal on the state's plan to adopt California's zero-emission vehicle (ZEV) requirements after earlier talks had ended without agreement.
International Automotive Components (IAC Group) has announced it will increase its presence in Elmdon, UK, by expanding its headliner manufacturing facility in the region. The company says the facility is strategically located close to the production site of and will be solely used to service IAC Group's longtime customer Jaguar Land Rover (JLR).
Morocco's automotive supplier association (AMICA) says OEMs will produce 1m vehicles by next year as the country continues to attract major overseas manufacturers to North Africa.
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