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Oct
30th

GM cautious on switch to platinum even as palladium price soars

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Palladium's surge to a record has intensified talk among analysts that carmakers will look to replace it with cheaper platinum for use in pollution-control devices. The auto industry's answer: Not so fast.
Oct
30th

Harman opens new Israel headquarters

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Harman has opened a new, 46,000 square feet facility, located in Hod Hasharon, Israel, which will serve as the headquarters for the supplier in the country.
Oct
30th

VW Q3 operating profit down 18.6%

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Volkswagen Group has reported an 18.6% decline to third quarter operating profit as its bottom line was dented by weaker vehicle sales and the impact of tighter emissions testing regulations - WLTP -  in Europe.
Oct
30th

VW 3rd-quarter profit falls 19% as anti-pollution rules bite

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VW Group was weighed down by weaker vehicle sales and headwinds tied to the introduction of more stringent WLTP emissions rules in Europe.
Oct
30th

Former Audi CEO Rupert Stadler released from custody

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Former Audi CEO Rupert Stadler, who is being investigated for his role in Volkswagen Group's emissions-cheating scandal, has been released from custody in Germany.
Oct
30th

Former Audi CEO Rupert Stadler released from custody

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A Munich court said former Rupert Stadler, who is being investigated for his role in Volkswagen's emissions cheating scandal, had been released from custody.
Oct
30th

Japan’s Sumitomo launches car-sharing service in Stockholm

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Daimler and BMW have both seen their car-sharing ambitions crushed in Stockholm, a city that is seen as one of the toughest markets in the world.
Oct
30th

Ford engine production line shuts for five days

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ford engine plant
News 30 Oct, 2018

Staff at Ford’s Bridgend plant, working on the Jaguar AJ-V8 production line, have been told to take a week off

Oct
30th

SMMT seeks more action to stimulate green car sales

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The SMMT has said - in response to yesterday's Budget Statement - that it is seeking more incentives for consumers to purchase the most environmentally friendly vehicles. The UK government recently cut grants for EVs and PHEVs.
Oct
30th

Sernauto launches components digital platform

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Spanish suppliers association, Sernauto has launched a new digital platform as part of a project to promote t the export capacity of equipment and automotive components manufacturers.
Oct
30th

Bentley warns no-deal Brexit would hit profitability, investment

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Bentley CEO Adrian Hallmark said a failure to reach a Brexit deal would be damaging to the automaker's profit and could lead to its UK plant temporarily closing.
Oct
30th

Honda profit surges 40% on more profitable mix, cost cuts

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Honda's more profitable sales mix and aggressive cost cutting offset foreign exchange rate losses.
Oct
30th

Honda profit surges 40% on more profitable mix and cost cutting

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Honda's more profitable sales mix and aggressive cost cutting offset foreign exchange rate losses.
Oct
30th

Honda profit surges 40% on more profitable mix and cost cutting

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Honda reported a 40 percent surge in operating profit in the most recent quarter as a more profitable sales mix and aggressive cost cutting offset foreign exchange rate losses.
Oct
30th

VW profit falls 19% as anti-pollution rules bite

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VW Group reported a 19 percent drop in third-quarter profit, weighed down by weaker vehicle sales and headwinds tied to the introduction of more stringent WLTP emissions rules in Europe.
Oct
30th

BMW, German dealers at odds over incentives

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BMW has taken a different approach from Volkswagen when it comes to digital business models, frustrating some European dealers who say the automaker should offer them more financial incentives.
Oct
30th

Magneti, Calson enter infotainment fray in $7.1 billion deal

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The combined company will boast global sales of $17.3 billion, big enough to make it No. 11 on the Automotive News list of the top 100 global suppliers. But it's still the new kid on the block.
Oct
30th

Will BMW’s new 3 series spawn an M3 wagon?

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The fact that BMW has never sold an M3 wagon is baffling, but that could be changing soon, according to a report by Autocar.
Oct
30th

Mazda Europe promotes veteran styling exec to design boss

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Mazda Europe has named Jo Stenuit to replace Kevin Rice as it new design boss.
Oct
29th

Lincoln head of product development Scott Tobin to retire this week

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Scott Tobin, a key architect of Lincoln's turnaround as its director of product development, has abruptly elected to retire from the company effective later this week.
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