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GM plans to invest $877 million to modernize its assembly plant in Flint, Mich., one of its two U.S. full-size pickup factories.
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Aug
4th
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GM uses modular parts to dramatically reduce costs for batteries, motors and other components in its fleet of six electrified cars, its chief engineer for electrified vehicles said today.
Aug
4th
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BMW Group booked record revenues and sales volumes in the second quarter of 2015 while profit before financial result (EBIT) for the first half beat EUR5bn for the first time.
Aug
4th
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Toyota's latest quarter profits were up 10% on last year, boosted by a weak yen and cost reductions. However, the positive result came in spite of the company seeing lower overall unit sales in the quarter. It also warned on the outlook for sales in China.
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Continental has raised its forecast for 2015 profitability on strong first half earnings results bolstered by lower raw material costs.
Aug
4th
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Domestic sales by South Korea's five main automakers increased by 5.4% to 135,312 units in July, from 128,338 units in the same month of last year, according to data released individually by the vehicle manufacturers.
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Mel Farr, the former Detroit Lions running back who became owner of the nation's largest black-owned dealership group, has died at the age of 70.
Aug
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New vehicle sales in southeast Asia's deteriorated significantly in the second quarter, according to data collected exclusively for just-auto by AsiaMotorBusiness.
Aug
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Driverless cars will be tested on Australian roads for the first time in November this year says the country's national independent road research agency, ARRB Group.
Aug
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The National Highway Traffic Safety Administration (NHTSA) is investigating Harman car radios, following a recall by Fiat Chrysler of 1.4m cars and trucks due to a hacking vulnerability.
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Automotive forecaster LMC Automotive has revised down its forecast for China's car market this year in the light of recent industry data.
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Goodyear has broken ground for its San Luis Potosi plant in central Mexico.
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Bosch is to expand its development centre in Abstatt near Stuttgart with a EUR70m (US$77m) injection in the project.
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Americans flocked to dealer lots in July, snapping up more than 1.5m cars and trucks, an increase of 5.3% from July 2014, well above analyst forecasts.
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4th
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The recovery in European car sales continued in July as sales rose in the major markets of Germany, France, Italy and Spain.
Aug
4th
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Continental raised its full-year profit outlook after second-quarter earnings jumped more than expected on a strengthening European car market.