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Oct
31st

CZECH REPUBLIC: Skoda deliveries up 13% this year

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Skoda says that deliveries of its vehicles so far this year (to the end of September) are up 13% to 774,100 vehicles.
Oct
31st

UK: Johnson Matthey to acquire Clariant battery materials business

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Johnson Matthey says it has entered into an agreement to acquire the battery materials business of Clariant for US$75m.
Oct
31st

US: BorgWarner posts Q3 net sales up 13% to US$2.03bn

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BorgWarner has booked third quarter net sales of US$2.03bn, up 13%, while operating income was US$238m.
Oct
31st

NORWAY: Norsk Hydro posts US$223m Q3 EBIT

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Norsk Hydro ASA's underlying earnings before financial items and tax (EBIT) rose to NOK1.5bn (US$223m) in the third quarter from NOK544m in the second quarter.
Oct
31st

UK: Honda opens ‘first commercial scale green hydrogen refuelling facility’

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A consortium of businesses including BOC and Honda have joined the Swindon mayor Cllr Teresa Page, and other dignitaries at a ceremony to mark the official launch of the UK's first commercial scale solar-powered hydrogen production and refuelling facility.
Oct
31st

US: NHTSA ramps it up with Takata over airbags

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The National Highway Traffic Safety Administration (NHTSA) has sent a special order to TK Holdings, Takata's American unit, asking for documents related to the defective airbags.
Oct
31st

UK: Jaguar Land Rover opens engine production centre

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Tata owned Jaguar Land Rover (JLR) has officially opened its new "Engine Manufacturing Centre" in the English West Midlands.
Oct
31st

SWITZERLAND: Oerlikon Group sales grow 26% to US$913m

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Oerlikon says Group sales grew 26% to CHF877m (US$913m), with order intake up 19% to CHF845m.
Oct
31st

VW earnings outlook overly cautious, analysts say

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VW Group expects to post a 6 percent gain in underlying earnings this year, setting a new record, yet analysts believe the automaker is being overly cautious and can do even better.
Oct
31st

VW earnings outlook too cautious, analysts say

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VW Group expects to post a 6 percent gain in underlying earnings this year, setting a new record, yet analysts believe the automaker is being overly cautious and can do even better.
Oct
31st

Mercedes, VW to put brakes on Google’s in-car data inroads

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VW Group and Mercedes called on fellow automakers to establish separate platforms for data on vehicle use to avoid handing over sensitive customer information to Google.
Oct
31st

NORWAY: Kongsberg secures major OEM EUR17m manual shifter contract

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Kongsberg Automotive (KA) says it has received nomination from a major - unnamed - European OEM for supply of the complete manual gear shifter system.
Oct
31st

Jaguar SUV spotted testing in Britain

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News 31 Oct, 2014

Jaguar's upcoming SUV has been spied in testing on UK soil for the first time

Oct
31st

China’s auto market growth may halve to 7% this year

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Growth in China's auto market is forecast to halve to 7 percent this year, an industry body said, citing a slowing economy which weakened further in the third quarter.
Oct
31st

BorgWarner’s Verrier expects supplier to thrive despite increased competition

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James Verrier, BorgWarner Inc. CEO since January 2013, is working to double the size of the giant supplier from $7.5 billion in revenue to $15 billion by 2022.
Oct
31st

Daimler, VW dampen speculation about imminent CEO succession

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Succession is not an imminent topic at Daimler or Volkswagen, the chief executives of both carmakers said today, adding that any potential candidates would most likely come from within their respective companies.
Oct
31st

Geely’s Horbury takes his auto design cues from a nation’s style

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As a design leader at companies such as Ford and Volvo, Peter Horbury has always been the outsider with great insight, the foreigner able to identify style motifs native to a particular country and put them to good use.
Oct
31st

Johnson Controls profit beats estimates as car seat demand rises

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Johnson Controls posted a better-than-expected quarterly profit, driven by higher sales of its car seats in North America and a lower expected tax bill.
Oct
31st

BorgWarner posts flat net income for Q3 after one-time charges

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BorgWarner reported today a 13 percent increase in revenue and flat net income for the third quarter after one-time charges.
Oct
31st

GM says new Chevy Volt will be quicker and quieter

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The next-generation Chevrolet Volt plug-in hybrid will be quicker off the line, quieter and go farther in electric mode than its predecessor, General Motors engineers said today.
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