Volkswagen has denied a report in Wirtschaftswoche that capacity utilisation at the company's 20 Chinese car and components plants is falling.
Martin Leach, a consultant who once led Ford's European operations, is reportedly recruiting staff for a new electric car manufacturer that will be based in California and the US.
Daimler's CEO said "different types" of cooperation with Apple and Google are possible as carmakers realize next-generation autos cannot be built without greater input from telecoms and software experts.
Asahi Kasei says it has entered into a definitive merger agreement to acquire Polypore International through a US subsidiary.
Jaguar Land Rover owner Tata said that 'many' of the 5,800 Jaguar and Land Rover vehicles it had at Tianjin port in China were likely to have been damaged in the recent chemical explosions that killed more than a hundred people.
Toyota, recalling about 12 million vehicles worldwide to replace Takata airbags, said it may tap three additional suppliers to boost supply of the components.
Kiekert has expanded its presence in China by acquiring full ownership of Henan North Xingguang Locking Systems, a manufacturer of door, hood and trunk locking systems in which Kiekert has held a minority interest since 2005.
GM and Ford are contemplating building cars with lower-paid workers in Mexico and China, a strategy that would improve their hand in contract talks as the UAW seeks higher pay.
The GT200 Sport Tourer version of Renault's B32 series Mégane is that rare thing - a small estate that brings a smile to the driver's face. The BFD five-door and KFB wagon replacement models will have a new platform, but will they be as much fun to drive?
VW said average utilization at its Chinese factories will fall as overall production capacity increases with the opening of new plants. The automaker denied it plans to reduce output of key models in China by between 10 percent and 20 percent.
Wabco says it has entered into several long-term supply agreements with JMCH, a new customer and an established major truck manufacturer based in China and expanding into the heavy-duty truck segment.
Remy International says it will hold a special meeting of stockholders in connection with BorgWarner's proposed acquisition of Remy.
Progress-Werk Oberkirch (PWO) says it has received a EUR100m (US$113m) contract from an unnamed car manufacturer in Southern Germany for the development and production of cockpit cross-members.
PSA's DS brand has announced the creation of a motor sport division, DS Performance. It says DS Performance is contributing its technological expertise in Formula E research and development to the DS Virgin Racing team.
GM Canada says it is to invest C$12m (US$9m) to increase Chevrolet Equinox production on the consolidated production line at Oshawa Assembly and for related changes in the body shop at CAMI Assembly.
Iran Khodro says its TC7 engine has successfully passed tests in terms of performance and maintenance standards.
Volkswagen is delaying the introduction of the new Phaeton as the automaker seeks to improve returns on the slow-selling upscale sedan by lowering production and material costs, Bloomberg reported.
Schaeffler has posted first half revenue up 12% to EUR6.7bn (US$7.5bn) , with EBIT margin remaining at 12.2%.
News
21 Aug, 2015
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