Auto News 5

Volkswagen is not scouting for alternative locations as it evaluates plans to build a new car factory in Turkey, Andreas Tostmann, VW's production chief, has told media.

Brose has confirmed a new factory in Serbia, as previously reported by local media.

Autoliv has posted third-quarter net sales fractionally down 0.3% to US$2.028bn, with profitability still impacted by global LVP decline and high raw material costs.

Future models analysis again rang the bell at just-auto this week, as we put Tata Motors' Land Rover under the microscope.

Renault began exporting the Twizy mini electric vehicle from South Korea to Europe this week, a move designed to lift production at Renault-Samsung Motor's Busan plant which is currently struggling with low capacity utilisation.

One of Thailand's largest automotive component manufacturers, Thai Summit Group, said it would suspend production at one of its 26 factories in the region for two months due to falling demand from local automakers.

Tesla confirmed this week it has begun trial production of the Model 3 at its new Gigafactory 3 factory in Shanghai, China, as it looks to strengthen its presence in the world's largest vehicle market.

South Korean automotive parts manufacturer Myongshin has agreed to produce Chinese electric vehicles (EVs) on a contract basis at the Gunsan car plant it acquired from General Motors earlier this year.

Gefco Group has launched two 'phygital' solutions - combining physical capabilities and digital technologies - on demand services for in-life car logistics and a core freight marketplace.

Yokohama Rubber says it is conducting joint R&D on passenger car tyre sensors with Alps Alpine.

Suzuki is exhibiting two lifestyle support mobility concept models at the Tokyo Motor Show, organised by the Japan Automobile Manufacturers Association.

Perrone Robotics (PRI) has concluded a three-month trial period of free public demonstration rides on the AVNU (Autonomous Vehicle, Neighbourhood Use) shuttle in partnership with Albermarle County.

Karma Automotive has opened a business and technology development office in Silicon Valley in support of its emergence as a high-tech incubator.

Valeo has recorded third-quarter sales up 8% to EUR4.8bn (US$5.3bn) and is confirming its guidance, excluding the one-off impact of the General Motors strike in the US.

Renault has recorded third-quarter revenue down 1.6% to EUR11.3bn (US$12.6bn), while selling 4.4% fewer vehicles for a total of 852,198 in a global market which fell 3.2%.

Now within the Toyota Motor Corporation sphere of influence, Mazda is busy expanding its global product portfolio supervised and protected by a powerful parent. The smaller partner has much appeal to its minor shareholder too. That includes innovative powertrains and state of the art platforms, with TMC in return giving Mazda access to hybrid technology as well as its famous lean production system.

Suzuki Motor Corporation has no need to sell cars or SUVs in either of the world's two largest national markets. The company thrives without any passenger vehicle operations in the US and China, having removed itself from both countries. Europe, Japan and other parts of Asia are where SMC does especially well. Now, with a 4.5% gain for Maruti Suzuki in October, the bottom of an Indian market down by 50% this year may have been reached back in September.

News 24 Oct, 2019

VW’s first hot plug-in hybrid R model will be based on the Touareg, and it’s expected to go on sale in 2021

News 24 Oct, 2019

The British Motor Show is reborn and due to be held in August 2020 at Farnborough International Exhibition and Conference Centre