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Jul
31st

SOUTH AFRICA: Confrontations as NEASA members enforce lock-out

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South African employer body, NEASA, says there have been "confrontations" as its requested lock-out by members continues following the ending of the country's damaging metalworking strike.
Jul
31st

JAPAN: Mitsubishi operating income up 93.1%

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Mitsubishi Motor Corporation's net sales for the first quarter of the fiscal year ending 31 March 2015 were up 25.5% year on year to JPY513.79bn (US$5.018bn) compared with JPY409.43bn.
Jul
31st

JAPAN: Denso Q1 operating income down 16.7%

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Denso's consolidated net sales for the fiscal first quarter ended 30 June 2014 rose 3.2% year on year to JPY1.03 trillion (US$10.2bn). Operating income was down 16.7% to JPY85.05bn.
Jul
31st

Mercedes B-Class 2014 facelift spied

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Mercedes-Benz B-Class 2014 facelift front
News 31 Jul, 2014

Mercedes B-Class to receive minor facelift, including subtle styling tweaks and updated tech

Jul
31st

Mercedes B-Class 2014 facelift spied – pictures

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Pictures See all 6 picturesMercedes-Benz B-Class 2014 facelift frontMercedes-Benz B-Class 2014 facelift rear quarterMercedes-Benz B-Class 2014 facelift interior 31 Jul, 2014
Jul
31st

Tesla, Panasonic agree to team on U.S. gigafactory

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Tesla Motors and Panasonic have agreed to cooperate on the construction and operation of the American carmaker's so-called gigafactory, its envisioned large-scale battery manufacturing plant in the United States.
Jul
31st

INTERVIEW: Audi’s ‘Mr RHD’ retires

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David Ingrams, who retired from Audi UK's press office today (31 July) played a key role in helping the German automaker's engineers achieve "uncompromised" right hand drive configurations and also oversaw a collection of about 50 classic cars, many of which he helped to launch when new. The man who praised Audi for taking the long-term view has himself served 36 years with the automaker and the connection may not yet be completely severed.
Jul
31st

INTERVIEW: Audi’s ‘Mr RHD’ retires

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David Ingrams, who retired from Audi UK's press office today (31 July) played a key role in helping the German automaker's engineers achieve "uncompromised" right hand drive configurations and also oversaw a collection of about 50 classic cars, many of which he helped to launch when new. The man who praised Audi for taking the long-term view has himself served 36 years with the automaker and the connection may not yet be completely severed.
Jul
31st

Mercedes E-Class 2014 updates announced

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Mercedes-Benz E-Class E400 coupe profile
News 31 Jul, 2014

Mercedes updates the E-Class, adding improved standard kit, more power and lower emissions – on sale from September

Jul
31st

VENEZUELA: Chinese automakers expanding in Venezuela

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China's Chery Automobile has signed an agreement to export 13,000 cars to Venezuela this year.
Jul
31st

SOUTH AFRICA: Tyre-brandishing pictures ‘unhelpful’: MEIBC

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South Africa's engineering bargaining council (MEIBC), says pictures of striking employees carrying tyres were 'not very helpful' as the country starts to recover from the near five-week walkout.
Jul
31st

JAPAN: Nissan expects Takata to refund all recall costs

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Nissan Motor said its Japanese supplier of airbag systems, Takata Corporation, is expected to meet all the costs relating to its massive car recall last month.
Jul
31st

VW profit falls, raising pressure to cut costs

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Volkswagen said operating profit declined 3.1 percent in the second quarter as emerging-market volatility and a plunge in earnings at its core passenger-car division weighed on earnings.
Jul
31st

VW profit falls in second-quarter, raising pressure to cut costs

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Volkswagen said operating profit declined 3.1 percent in the second quarter as emerging-market volatility and a plunge in earnings at its core passenger-car division weighed on earnings.
Jul
31st

VW profit falls in Q2 amid emerging-market troubles

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Volkswagen said operating profit declined 3.1 percent in the second quarter as U.S. sales fell and emerging-market volatility weighed on earnings.
Jul
31st

Continental raises 2014 profit forecast on lower costs, auto demand

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Continental raised its 2014 profit forecast for the second time this year to 11 percent of sales from 10.5 percent, after lower production costs and improving auto demand helped boost quarterly earnings.
Jul
31st

GERMANY: Daimler announces Singelfingen spend

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Daimler is to spend EUR1.5bn (US$2bn) to modernise the Mercedes-Benz Sindelfingen plant by 2020 and has also reached a multi-year agreement with the works council on cost reductions worth several million euros.
Jul
31st

GERMANY: ZF said to be in TRW acquisition talks

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ZF Friedrichshafen is said to be in advanced talks to acquire TRW Automotive Holdings in a deal estimated at nearly US$12bn.
Jul
31st

US: Goodyear posts second quarter revenue down 4% to US$4.7bn

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Goodyear is reporting second quarter revenue down 4% to US$4.7bn, although tyre unit volumes rose 3% to 40.6m.
Jul
31st

Daimler will invest 1.5 billion euros in its biggest German plant after winning labor deal

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Daimler plans a 1.5 billion euros investment its Mercedes plant in Sindelfingen, Germany, after employees agreed a labor deal that the company says will save 100 million euros in costs.
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