Continental said it may end a battery cell joint venture with South Korean partner SK Innovation because of slower-than-expected growth in demand for electric cars.
A new Automotive Council report has highlighted a fresh GBP2bn growth opportunity for UK component suppliers as UK-based carmakers enjoy an unprecedented period of success.
Continental's third-quarter profit fell 6 percent as the supplier took a writedown in its powertrain unit, but the company said it could still beat its profit target this year.
The US National Highway Traffic Safety Administration (NHTSA) has said it will examine whether Honda failed to report deaths or injuries involving airbags that are part of the regulators' investigation into faulty equipment supplied by Takata to a number of OEMs.
A lawyer who previously won a large settlement in a sexual harassment and discrimination lawsuit against Ford filed a lawsuit Monday on behalf of four plaintiffs and 'hundreds' of others in similar situations, alleging sexual harassment,...
News
4 Nov, 2014
Fresh-faced Mitsubishi Outlander spied testing ahead of possible Geneva debut
Mercedes-Benz is using the giant Specialty Equipment Market Association show this week to preview a midsize van scheduled to arrive in North America in about a year.
Daimler has said it will buy 25% of Italian motorcycle maker MV Agusta.
Dana has announced that the introduction of a new aluminium cooling technology for electric and hybrid vehicles.
To mark the opening of an engineering centre and design studio in Beijing, Mercedes-Benz has revealed the G-Code. This so-called Sports Utility Coupé (SUC) may herald a future small SUV.
News
4 Nov, 2014
Hyundai and Kia have been forced into a $100 million settlement with US regulators for overstating the fuel economy of their cars
BMW Group has posted strong financial results for the third quarter on buoyant demand for its SUV products. The company also reaffirmed its earnings forecast for the year.
Nissan reported a slight increase in quarterly profit as record U.S. sales dulled the effect of a slowdown in China and continuing problems in Russia. The company also narrowed its loss in Europe.
Nissan reported a slight increase in quarterly profit as record sales in the U.S. dulled the impact of a slowdown in China and continuing problems in Russia.
With US petrol prices falling to levels not seen in years, Americans flocked to dealer lots to buy crossovers, SUVs and pickups, driving October light vehicle sales to a healthy 1.28m units, 6.1% ahead of last October and 2.8% ahead of September 2014.
BMW said third-quarter earnings before interest and tax rose 17 percent as demand for its SUVs more than offset slow sales of its electric cars and Mini brand. The automaker stuck to its forecast for a "significant" increase in 2014 pretax profit.
BMW said third-quarter earnings before interest and tax rose 17 percent as demand for its SUVs more than offset slow sales of its electric cars and Mini brand. The automaker stuck to its forecast for a "significant" increase in 2014 pretax profit.
BMW said third-quarter earnings before interest and tax rose 17 percent as surging demand for its SUVs more than offset slow sales of its electric cars and Mini brand.
Volvo CEO Hakan Samuelsson has helped turn around the Swedish automaker, which is now growing at a faster rate than BMW, Audi and Mercedes in Europe and China. The executive outlined the company's growth plans to Automotive News Europe.
Volvo CEO Hakan Samuelsson has helped turn around the Swedish automaker, which is now growing at a faster rate than BMW, Audi and Mercedes in Europe and China. The chief executive shared Volvo's future plans with Automotive News Europe.
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