Hungarian Tier 2 supplier, Videoton Holding says it has hugely upped its automotive presence in the last three years as the booming Visegrad countries continue to meet burgeoning demand from OEMs and mass-manufacture suppliers, although warns its pricing structure may have to be reviewed.
PSA plans to cut more than 2,000 jobs, around 3 percent of its workforce, in France next year through a combination of early retirements and voluntary buyouts, a radio report said, citing internal documents.
PSA plans to cut more than 2,000 jobs in France next year, which would be about 3 percent of its total workforce, amid uncertainty over the effects of Brexit and falling diesel sales, a French radio station said.
PT Toyota-Denso Automotive Compressor Indonesia has announced the start of operations at its newly-built US$88m auto components plant in the West Java town of Cikarang, around 70km (40 miles) east of Indonesia's capital city Jakarta.
Denso Corporation and Toshiba Corporation have reached a basic agreement to jointly develop an artificial intelligence technology called Deep Neural Network-Intellectual Property (DNN-IP), which will be used in image recognition systems which have been independently developed by the two companies to help achieve advanced driver assistance and automated driving technologies.
In an interview with the Financial Times newspaper, the German auto industry trade association (VDA) chief has warned that the British auto sector faces decline with output moving to central and eastern Europe if the country loses free and unfettered access to the EU's single market.
Parts of the UK's car industry could move to central and eastern Europe if the country loses access to the single market after quitting the EU, Germany's VDA auto industry association said.
Volkswagen Group CEO Matthias Mueller is accelerating cost cuts at the embattled automaker to cope with the diesel-emissions scandal and to finance VW's shift toward electric vehicles and digital services.
Honda had plenty to crow about with the redesigned CR-V. But it opted against a long introduction, for fear of diminishing interest in the popular outgoing model.
Think the U.S. market is competitive now? With sales at historic highs, a number of overseas makers are seeking to set up shop in a landscape known to be hostile to newcomers.
How to raise your U.S. market share in 2016? It's simple -- you have to turbocharge fleet sales. In fact, that may be the only way in an increasingly competitive market that has hit a plateau after six years of growth.
Subaru of America is reconsidering plans to move into new headquarters being constructed in Camden, N.J., because an income tax agreement between New Jersey and Pennsylvania is being scrapped.
Jaguar Land Rover sees a major role for virtual reality technology as it redesigns its dealerships and sales process, its top North American executive said.
There's a lot of fear-mongering around the issue of automotive cybersecurity, but a growing number of experts say that creating havoc on the roads is not the primary threat from car hackers. They may be after something much more mundane: your money.
In the coming years, lawmakers will weigh in on the midterm evaluation of the Obama administration's signature 2025 fuel economy regulations and whether auto safety regulations need new fundamental changes for the safe deployment of autonomous...
Mexico's rising prominence in the auto industry isn't just about its role as a low-wage export platform. It's also a growing market for products that are made locally, particularly small sedans.
Lake Norman Infiniti in Cornelius, N.C., uses a service that sends coupons to folks who move into the area, successfully building ties to newcomers.
Toyota and Suzuki say they will consider partnering. But behind the scenes before last week's announcement, two scions pondered their changing worlds.
Eberspaecher is a king of commercial truck exhaust systems -- now it plans to go after North America's passenger vehicle market.
With Johnson Controls in its fold, China's Yanfeng is amassing contracts in the U.S.
With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up
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