As weekend reports suggested new British prime minister Boris Johnson was ramping up the country's preparation for a no-deal Brexit, in light of the EU's intransigence, PSA's chief continued to threaten the UK with the closure of the Opel-Vauxhall plant at Ellesmere Port near Liverpool.
Britain's Road Haulage Association (RHA) is calling on new UK Prime Minister, Boris Johnson to ensure borders between the UK and EU remain free flowing after Brexit.
Moody's Japan has affirmed Nissan Motor's A3 issuer rating.
Bumchun Precision is to construct its first plant outside South Korea in Hungary with an investment of EUR40.8m (US$45.3m).
Bumchun Precision is to construct its first plant outside South Korea in Hungary with an investment of EUR40.8m (US$45.3m).
News
29 Jul, 2019
Audi has launched a new, off-road inspired version of the A1 Sportback, with a raised ride height and rugged exterior add-ons
Goodyear has posted second-quarter net income down 65% to US$54m down from $157 million a year ago.
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%.
The aluminium producer Hydro now supplies sustainable aluminium for the battery housing of the first fully electric model of the company - e-tron.
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.
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."
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