Daimler employees will receive a 2018 financial year profit share of up to EUR4,965. The bonus applies roughly to 130,000 entitled tariff-scale employees in Germany, who will receive it with their April pay.
Authorities at the EC have backed a EUR26m (US$30m) European Investment Bank (EIB) loan to Spanish company Cikautxo, specialised in rubber and plastic components for the automotive sector.
Volkswagen's Travel Assist makes its world debut in the Passat at the Geneva show. This will be the first Volkswagen capable of partially automated driving at any speed (0 to 210km/h) with this new system.
Remember how Fiat Chrysler told the media and analysts that Lancia would fade away during 2018? Well, it didn't disappear. And, an eight-year model is still outselling the Alfa Romeo range in Italy. What's going on?
Waymo is in advanced talks to develop autonomous cars with Renault, Nissan Motor and Mitsubishi Motors, according to Bloomberg's sources, in a move that would join a leading self driving force with the world's largest automotive alliance.
Ford has officially notified the state of Michigan it planned to do a "mass layoff" of 1,000 hourly factory workers by 1 April, though the carmaker emphasised most workers are moving to other factories rather than losing jobs, a local paper reported.
News
5 Feb, 2019
Historic Spanish coachbuilder Hispano Suiza has teased a new, carbon fibre bodied, all-electric grand tourer called the “Carmen”
The UK is at the forefront of transport technologies and innovation and is in an ideal position to capitalise on the opportunities they offer for the benefit of the economy, society and the citizen, the Foresight Future of Mobility Report published by the Government Office for Science (GO-Science) said.
As in neighbouring New Zealand, January 2019 signalled a cautious start to the year for new vehicle sales in Australia, according to results released by the motor industry's statistical service, VFACTS. A total of 81,994 new vehicles were sold during the month, down 7.4% on the same period in 2018.
News
6 Feb, 2019
Aston Martin has teased the new Lagonda All-Terrain concept, which will morph into the reformed brand’s first production model in 2021
New vehicle sales in New Zealand started 2019 soft compared to a year ago, the Motor Industry Association said.
The UK's new car market dipped by 1.6% in January, according to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT). Some 161,013 new cars were registered for use on UK roads, with trends in fuel choice seen last year continuing in the first month of 2019.
The new light commercial vehicle (LCV) market grew 8.6% in January, according to the latest figures released today by the Society of Motor Manufacturers and Traders (SMMT).
General Motors confirmed to local media on Monday it began cutting some 4,000 salaried jobs, mostly in North America.
News
5 Feb, 2019
Mazda’s confirms surprise new SUV using new Skyactiv platform will debut in Geneva next month
New vehicle sales in southeast Asia's six largest markets combined increased by 5.3% to 988,948 units in the fourth quarter of 2018 from 938,692 units in the same period of the previous year, according to data collected by AsiaMotorBusiness.com from local associations and government departments.
New vehicle sales in Taiwan fell by 7.9% to 44,143 units in January from peak year earlier sales of 47,936 units, according to local reports citing registration data compiled by Taiwan's Directorate of Highways.
News
5 Feb, 2019
January 2019 saw a 1.6 per cent dip in new car sales year-on-year, but sales of electrified vehicles surged
With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up
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