Nov
1st
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Gestamp has posted third-quarter net profit down 10% to EUR28m (US$31m), while revenue rose 8.7% to EUR2.1bn.
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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Nov
1st
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Iveco has announced the appointment of Thomas Hilse as Brand president effective 1 November.
Nov
1st
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AutoVitals has secured investment from Tritium Partners.
Nov
1st
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The Volkswagen brand says it is boosting its e-mobility offensive in China. Next year, about 300,000 electrified models are already to be handed over to customers.
Nov
1st
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Tenneco has recorded third-quarter net income up 23% to US$70m, while revenue rose 82% to US$4.3bn, including US$1.8bn from acquisitions.
Nov
1st
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To improve the safety of autonomous systems, MIT engineers have developed a system that can sense tiny changes in shadows on the ground to determine if there's a moving object coming around the corner.
Nov
1st
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ATC Drivetrain has launched a joint venture with Luwote (Zhangjiagang) Power Remanufacturing Technology in Zhangjiagang, China.
Nov
1st
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Dana has reported third-quarter net income up 17% to US$111m, while sales rose to US$2.16bn compared to US$1.98bn.
Oct
31st
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Ford has reached a proposed tentative agreement with the UAW on a new labour contract for its US workforce.
Oct
31st
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Oct
31st
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General Motors has announced it will withdraw from the Indonesian market by the end of March 2020 following years of poor performance.
Oct
31st
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The South Korea government plans to launch a self-driving commercial bus service in the city of Sejong in 2022, to be expanded to other regions of the country later on.
Oct
31st
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UK car production was down 3.8% to 122,256 units in the month of September, rounding off what the SMMT described as a turbulent first nine months for sector.
Oct
31st
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Delphi Technologies has reported third-quarter revenue down 11% to US$1bn, while operating income fell from US$81m to US$45m.
Oct
31st
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French union, CFDT, says it was summoned early this morning (31 October) along with other labour bodies, for a meeting with PSA in Paris to discuss a planned 50:50 merger with FCA to create a giant manufacturer with combined revenue of EUR170bn (US$190bn).
Oct
31st
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China's Foton Motor this week handed over the first two units of a consignment of 19 locally-produced electric buses to be delivered to the Egypt's Ministry of Military Production by the end of the year, in a ceremony to mark the launch of the first phase of a new manufacturing project in the country.
Oct
31st
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Magna says it has secured its largest production order for transmission technologies from BMW Group.
Oct
31st
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Magna says it has been awarded a grant by the U.S. Department of Energy (U.S. DOE) to develop and 'auto-qualify' advanced electric motor technologies for next-generation vehicle propulsion systems.