Auto News 5

Visteon has posted third-quarter net income down 33% to US$14m.

The International Automotive Task Force (IATF), a group of automotive manufacturers and their respective trade associations, has welcomed Jaguar Land Rover, as Tata Motors Limited official designate, into the IATF as an original equipment manufacturer …

Geely’s Volvo Cars has boosted third quarter 2019 operating profit 90% to SEK3,492m.

India’s vehicle scrappage plan is unlikely to produce desired results, according to analysts at GlobalData, parent company of just-auto.

Hydrogen-powered fuel cell electric vehicles will complete a combined 6,000km journey across Europe to converge in Hamburg tomorrow (25 October) to mark the expanding network of refuelling stations.

Hyundai Mobis announced it is investing US$50m in leading US light detection and ranging (lidar) technology company Velodyne Lidar to help speed up development and commercialisation of Level 3 autonomous driving lidar systems.

Israeli start-up, Hi Auto has raised US$4.5M in a seed round to commercialise an audio-visual solution for speaker separation and speech enhancement in vehicles.

Indonesia’s new vehicle market declined slightly to 92,874 units in September from 93,103 units in the same month of last year, according to wholesale data compiled by industry association Gaikindo.

German car parts manufacturer Brose – which recently announced the axing of 2,000 jobs in Germany – plans to spend EUR180m (US$200m) on the construction of a factory in Pancevo, in northern Serbia, the Serbian government reportedly has said.

Honda is to collaborate with Vattenfall to provide an electricity tariff tailored for electric vehicle owners in Europe.