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Oct
25th

VW in talks with Waymo about mobility services partnership, report says

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VW Group is exploring a European partnership in the area of mobility services with Waymo and a battery investment with SK Innovation, a report said.
Oct
25th

UK production falls 17% on diesel squeeze, Brexit

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UK car production fell by 17 percent last month, hit by new emissions regulations, model changes, trade tensions, and uncertainty over diesel policy and Brexit.
Oct
25th

Aston Martin opens new design studio in China

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Aston Martin Lagonda (AML) has announced the opening of a new design studio in Shanghai.
Oct
25th

Why Penske Automotive generated record Q3 earnings

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Penske Automotive's third-quarter earnings set records, aided by increases in overall sales, plus higher gross profits in most parts of its retail automotive business.
Oct
25th

UK car production down 17% in September

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UK car output fell by 16.8% in September according to the latest data issued by the Society of Motor Manufacturers and Traders (SMMT).
Oct
25th

Visteon books lower Q3 sales and profit

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Visteon Corporation said third quarter 2018 sales fell to US$681m, compared with $765m in Q3 2017. Net income was $21m or $0.71 per share, compared with $43m ($1.35) a year ago.
Oct
25th

A fifth of motorists suffer car sickness

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Car sickness
News 26 Oct, 2018

Data shows the back seats are the most nausea-inducing place to sit, while reading in the car is the primary cause of car sickness

Oct
25th

JLR opens EUR1.4bn Slovakia plant

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Jaguar Land Rover has formally started its EUR1.4bn (US$1.6bn) manufacturing facility in Nitra, Slovakia, the first time a UK automotive company has opened a factory in the Central European country.
Oct
25th

Haldex boosts Q3 and YTD sales and profits

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Heavy commercial vehicle brake adjusters and disc brakes specialist Haldex said it increased net sales in all regions in the third quarter.
Oct
25th

German gov’t backs plan to ease diesel bans in cities

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Chancellor Angela Merkel's cabinet backed plans to tackle Germany's diesel-car crisis, including steps to ease driving bans in particularly polluted cities.
Oct
25th

Gestamp opens US$46m Japan body-in-white plant

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Gestamp has opened its first plant in Japan, located in Matsusaka (Mie prefecture) with an investment of more than EUR40m (US$46m).
Oct
25th

Faurecia will buy majority stake in Clarion, paper says

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Faurecia will buy a majority stake in car navigation system maker Clarion from Hitachi for about $710 million, the Nikkei reported.
Oct
25th

Faurecia to buy Japan’s Clarion in $1.3 billion deal

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Faurecia has agreed to buy Japanese car navigation system maker Clarion from Hitachi in a 141 billion yen ($1.3 billion) deal to strengthen its presence in new auto technologies.
Oct
25th

Jaguar Land Rover’s massive new Slovak plant opens for Job 1

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Jaguar Land Rover officially launched its Slovakia plant amid warnings that UK production jobs could be at risk because of Brexit.
Oct
25th

Jaguar Land Rover launches Slovak plant amid Brexit jobs fears

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Jaguar Land Rover officially launched its Slovakia plant amid warnings that UK production jobs could be at risk because of Brexit.
Oct
25th

Daimler reviews production footprint amid global tariffs

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Daimler finance chief Bodo Uebber said the automaker is reviewing ways to counter tariffs between China and the United States that have caused a price hike of Mercedes SUVs sold in China.
Oct
25th

Faurecia teams with Liuzhou Wuling in emissions JV

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Faurecia has unveiled a new joint venture with Chinese supplier, Liuzhou Wuling Automotive Industry.
Oct
25th

Hyundai quarterly profit drops on U.S. recall costs

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Hyundai Motor's third-quarter profit plunged by two-thirds, hit by a $440 million one-off charge related to costs from U.S. airbag and engine-related recalls.
Oct
25th

Hyundai quarterly profit drops on U.S. recall costs

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Hyundai Motor's third-quarter profit plunged by two-thirds, hit by a $440 million one-off charge related to costs from U.S. airbag and engine-related recalls.
Oct
25th

Tesla targets VW, BMW as Model 3 heads for Europe

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Tesla says its Model 3 will go on sale in Europe early next year, and CEO Elon Musk is expecting the electric car to compete with big sellers such as the BMW 3 series and VW Golf.
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