Skoda has launched its new flagship model, the Superb, on the Chinese market and says it is on the way to delivering China sales of 500,000 Skodas a year 'within the next few years'.
BYD has reported a sharp rise to profit as sales of its eco-friendly cars have surged in China.
Denso has posted half-year consolidated revenue up 7.6% to US$18.6bn, with consolidated operating profit down 1.2% to US$1.2bn.
Fiat Chrysler is recalling nearly 900,000 vehicles around the world to fix issues related to airbag deployment and anti-lock braking systems.
European automotive supplier association, CLEPA says it is worried about the harm caused to the industry by continuing fallout from Volkswagen's emissions scandal.
Toyota's second-biggest supplier, Aisin Seiki, says the carmaker's goal to almost eliminate conventional combustion engines by 2050 is a wake-up call for parts makers to transform their businesses.
Nissan says it has begun testing its first prototype vehicle that demonstrates piloted drive on both highway and city/urban roads.
Volkswagen Group has reaffirmed its planned investments for the US at Chattanooga and in the production of an all-new SUV for the US market. The statement from VW follows the recent harm done to the brand in the US following the diesel emissions scandal.
Volkswagen will protect its $24 billion expansion plan in China from cost cuts, emphasizing the importance of its No. 1 market in helping to stem the fallout of the diesel-emissions scandal.
ZeroLight is the new visualisation partner to Audi AG. Matthew Beecham caught up with the real-time 3D visualisation specialist's marketing director, Jason Collins, to discuss the game-changing technology, its potential impact on the evolving marketplace and why the automotive industry is already sitting up and taking notice.
Volkswagen and the Industrial & Commercial Bank of China (ICBC) have signed a Memorandum of Understanding (MOU) in Beijing, forming a long-term global strategic partnership between the two companies.
Volvo Cars is developing kangaroo detection technology to solve one of the most costly causes of traffic collisions in Australia.
Just a year after its return, the reborn Datsun brand - Nissan's budget brand for emerging markets - is looking at possible expansion in new high growth markets such as Africa, Middle East, South East Asia and beyond.
Skoda says that in the first nine months of 2015, its deliveries to customers increased by 2.2% to 791,500 vehicles worldwide. During the same period, the sales revenue increased by 5.7% to EUR9.3bn (US$10.2bn). Operating profit rose significantly to EUR734m, representing an increase of 12.7% compared to the same period in 2014
Goodyear has unveiled third quarter sales down to US$4.2bn from US$4.7bn, with the tyre manufacturer maintaining the decrease is largely attributable to unfavourable foreign currency translation of US$430m.
News
30 Oct, 2015
Volvo announces development of first ever 'kangaroo detection' software to prevent collisions in Australia
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30 Oct, 2015
UK researchers have created a new lithium-oxygen battery that has 10 times the energy of the current lithium-ion system
Ford believes it has the capability to massively ramp up gasoline engine fitment in Europe if there is a big backlash against diesel in the wake of the VW dieselgate affair and potentially rising anti-diesel sentiment among consumers and regulators.
Coatings specialist, Axalta has recorded third quarter net sales up 3.1% to US$1bn, with adjusted EBITDA of US$217m with Adjusted EBITDA margin of 21.7% versus 20.6% in Q3, 2014.
German prosecutors said former Porsche finance chief Holger Haerter effectively admitted that he was guilty of market manipulation ahead of a failed attempt to take over VW. Haerter's lawyer called the charge unfounded.
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