WLTP changes made for a strange September, with Opel-Vauxhall Europe's number one ahead of BMW, Mercedes and Ford with Volkswagen plunging to fifth. Of all the brands in the top ten, Kia, in ninth place ahead of Hyundai, was the only one to post higher sales. That wasn't due to a fluke month either, it was thanks to multiple new models and a freshened Sportage in particular.
Asbury Automotive's net income surged in the third quarter, driven by increases in the company's finance and insurance and parts and service business lines. The company also lifted its revenue.
Hyundai Motor's main joint venture in China, Beijing Hyundai Motor, is stepping up its new model launches to help offset slowing demand in the world's largest new vehicle market, according to local reports citing a company official.
EyeSight, a computer vision company, said it had closed a $US15m funding round to drive the expansion of its in-cabin vehicle AI computer vision system.
Last week I was one of 57 jurors who drove 70 vehicles that are semifinalists for the North American car, truck and utility of the year awards. Here's my early picks for winners and losers.
Daimler's Mercedes-Benz Trucks has delivered a fully electric eActros for on-road testing to EDEKA, the German retail association which will test the 25-tonne truck with refrigerated body for a year in Berlin, using it to transport fresh, temperature-sensitive foodstuffs.
Electrify America and the Ohio Turnpike and Infrastructure Commission (OTIC) plan to install electric vehicle charging stations, the first along the Ohio Turnpike.
Australian start-up, Chargefox has raised A$15m (US$11m) to start building Australia's largest open, ultra-rapid network of charging stations for electric vehicles.
Ford will likely announce another significant profit decline when it reports quarterly results tomorrow (October 24). Investors won't be cheered, but headwinds in key markets are combining with higher costs to squeeze the bottom line. Some analysts are saying that the drop in earnings versus last year could be around 20%.
Nissan's Leaf is the first electric vehicle to secure regulatory approval as an energy backstop for Germany's electricity grid by potentially enabling car owners to sell energy to the network.
Gestamp has recorded a 7% rise net profit to EUR163 (US$187m) for the first nine months of this year and revenue up 2.5% to EUR6.2bn.
Subaru nearly halved its operating profit forecast for the April-September period because of higher quality-related costs, in the wake of it not adhering to proper inspection steps last year that led to a recall of 395,000 vehicles.
The inspections violated transport ministry norms and eventually led to the recall of 395,000 vehicles.
News
23 Oct, 2018
London Uber drivers can claim up to £4,500 off the cost of a new EV, with grant funded by new 15p-per-mile “clean air fee”
The choice of Singapore -- which doesn't have a single car-manufacturing plant and is one of the costliest places in the world to buy an automobile -- comes as Tesla zeroes in on establishing a factory in China.
Millbrook, the one-time GM-owned Vauxhall Proving Ground in Bedfordshire, said it was expanding its Advanced Driver Assistance Systems (ADAS) test facilities.
New Groupe PSA Executive Vice President, Global Purchasing & Supplier Quality, Michelle Wen has held a number of senior managing positions with blue-chip companies across various industries including the automotive business. Just-Auto caught up with her at the recent Mondial de l'Automobile in Paris.
The electric-vehicle maker said it will lay off some employees and cut staff salaries by 20 percent because of "financial difficulty" following a dispute with its property-tycoon backer.
News
23 Oct, 2018
New limited edition Hilux goes on sale in November and gets suspension tweaks from Arctic Trucks
Johann Wolff began his career at BMW as an apprentice before going on to manage several BMW foundries as a master craftsman in foundry pattern making.
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
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