Knorr-Bremse, the commercial vehicle braking systems supplier, said the first nine months of 2018 revenues increased 9.5% year on year to EUR4.994bn.
General Motors plans to end one of its two truck assembly shifts in summer 2019, followed by the end of the other truck shift and its car assembly line at year's end.
News
28 Nov, 2018
Only 27 per cent of Britons believe driverless vehicles will reduce accidents, despite 90 per cent of crashes being caused by human error
The EU denied a report that the bloc's chief trade negotiator was headed to Washington to meet with her U.S. counterpart, in a last-ditch attempt to head off tariffs on car imports.
Ricardo will detail design of a novel e-motor offering up to a 50% increase in power density compared with current production electric machines as well as a new transverse DCT concept offering a highly compact package and ease of integration with an e-motor for effective hybridisation at an event in Berlin next week.
The latest in a series of articles which looks into the future model plans of TMC's divisions follows a recent look at what's coming for the Toyota brand. Now it's the turn of Daihatsu under the spotlight as well as Perodua, a firm in which it holds a minority stake and which bases its vehicles on Daihatsu designs.
Once little known outside North America, Lexus has steadily increased its rate of success in other regions. There is much more to do though, as sales in the USA and Japan are stuck behind Mercedes-Benz, while in Europe even Jaguar now outsells the brand - quite significantly too. The picture is far brighter in China, where Lexus sits at the top of the charts for imported models, and where local production will finally commence in 2019.
The Toyota brand has vast reach worldwide, particularly in Japan, where it controls half the market. Over the first ten months, production reached 8.8m vehicles, a gain of just one per cent. As ever though, the parent company Toyota Motor Corporation (TMC) has a game plan for growth, the key element of which is a new wave of replacement models and fresh entries to expanding segments.
Michigan's economic development board approved a 30-year tax abatement for Ford's planned campus in Detroit's historic Corktown neighborhood.
Scottish Economy Secretary, Derek Mackay, says the next meeting of the Michelin Dundee Action Group will meet this Friday (30 November) as attempts continue to secure a future for the seemingly doomed site.
Carlos Ghosn's deferred income at Nissan ballooned over the past eight years as he sought to downplay his compensation in front of shareholders, a practice that was a focus of the investigation that led to the executive's arrest, Bloomberg reported.
Toyota has updated its pioneering hybrid-only global model, the Prius, adding a new AWD-i electric all-wheel drive system.
Features
28 Nov, 2018
We joined Bake Off star Candice Brown to build a tribute to the iconic Skoda Fabia cake advert
President Donald Trump can fret over General Motors' plan to close plants, slash jobs and ditch models. He can even threaten. But market forces are tough to beat, even if you're president.
Samsung is planning to open a $62.7 million automotive battery plant near Detroit that would create 461 jobs by the end of 2024.
There's no specific mention of 'auto' but industry supply chain and logistics specialists will surely be interested to learn of the success of the first TIR journey by road from China to Europe which, it was claimed, "proves the system's cost, time and security advantages".
Experts cast doubt on the idea that President Donald Trump could unwind federal aid for the company by executive fiat.
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