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Jul
24th

JCI plans spin-off of seating business with 2014 revenues of $22 billion

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Johnson Controls plans to spin off its giant automotive seating unit, which will operate as an independent, publicly traded company.
Jul
24th

JCI plans spin-off of auto seating, interiors units

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Johnson Controls plans to spin off its automotive seating and interiors businesses, which will operate as an independent, publicly traded company.
Jul
24th

Cosworth-powered Morgan AR Plus 4 special edition arrives

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Morgan AR Plus 4 - exterior shot
News 24 Jul, 2015

To celebrate 65 years of the Plus 4, Morgan plumbs a 225bhp Cosworth engine into the AR Plus 4 special edition

Jul
24th

THE WEEK THAT WAS: Toyota’s fuel cell vehicle cometh

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Toyota's GB's 50th birthday announcement it would launch the Mirai this September attracted a lot of interest on just-auto this week, as well it might.
Jul
24th

FRANCE: Plastic Omnium unveils H1 net income up 31% to EUR142m

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Plastic Omnium has posted half-year net income up 31% to EUR142m (US$155m), with sales rising 11.8% to EUR2.95bn.
Jul
24th

US: Honda shows updated R&D, Accord

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Honda has officially opened its new Silicon Valley R&D facility, using the occasion to unveil a facelifted 2016 Accord with its first application of Apple CarPlay and Android Auto.
Jul
24th

GERMANY: Webasto breaks ground for new administration centre

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Webasto has opened its new EUR40m (US$44m) administration and development centre in Stockdorf, near Munich.
Jul
24th

INDONESIA: Government hikes import duties as rupiah weakens

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The Indonesian government has raised import tariffs on a wide range of goods, including food, clothes, drinks, household goods, appliances and vehicles.
Jul
24th

JAPAN: TDK develops high temperature sensor

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TDK has unveiled an NTC sensor element designed for measuring temperatures up to 650°C, which can be used in exhaust gas recirculation systems.
Jul
24th

SOUTH KOREA: Thermal management supplier changes name

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Thermal management specialist Halla Visteon Climate Control is changing its corporate name to Hanon Systems.
Jul
24th

Barra pressed for cost cuts, other moves to help GM hit China target

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GM Chief Executive Mary Barra has been pushing executives in China since the first signs of trouble in the market early this year to find ways to hit the company's target of delivering 9 to 10 percent profit margins, despite falling car prices...
Jul
24th

Ferrari stock faces soaring Testarossa prices for investor favor

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Ferrari's upcoming stock listing may struggle for investor attention with competitors in its own ranks. Buying one of the Italian supercars, like a Testarossa, has generated gains that are hard to beat.
Jul
24th

CZECH REPUBLIC: Nexen Tire secures EC approval for EUR117m plant aid

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Nexen Tire has been granted approval by the European Commission (EC) to receive regional investment aid totalling almost EUR117m (US$128m) for the construction of a production plant in Zatec, Czech Republic.
Jul
24th

Lamborghini shelves plug-in Asterion coupe in favor of Urus SUV, report says

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Lamborghini has put on hold a production plug-in hybrid Asterion coupe in favor of bringing the Urus SUV to market in 2018, a magazine reported, citing the automaker's CEO Stephan Winkelmann.
Jul
24th

US: Mitsubishi ending Normal production – reports

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Mitsubishi Motors reportedly plans to end car production in the US.
Jul
24th

“I’m confident the London Motor Show will be a sell-out success”

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Opinion London Motor Show
Opinion 24 Jul, 2015

The London Motor Show is set to be one of the UK’s great car-related events that's not to be missed, says Mike Rutherford

Jul
24th

FRANCE: Faurecia sparkles as H1 net income almost doubles to EUR157m

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Faurecia has reported half-year net income almost doubling to EUR157m (US$172m), while total sales rose 12.6% to EUR10.5bn
Jul
24th

Faurecia accelerates margin target as first-half earnings surge

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Faurecia's first-half earnings surged 40 percent as sales growth outpaced auto-market expansion in Europe and North America. The supplier now plans to reach an operating margin of 4.5 percent to 5 percent in the second half rather than in 2016.
Jul
24th

Smart ForFour Brabus to get big power boost

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Smart ForFour Brabus spyshots front
News 24 Jul, 2015

Smart's hot four-door city car is on the way with 50 per cent more power, and our snappers have captured it with minimal disguise

Jul
24th

Opel names engineer to oversee quality

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Opel named mechanical engineer Elvira Toelkes as its new head of quality in Europe. Toelkes will be tasked with continuing Opel's drive to improve customer satisfaction. Opel and sister brand Vauxhall had below average scores in J.D.
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