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Oct
19th

Why Lynn Tilton may be selling Dura Automotive

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Financier Lynn Tilton is working with an adviser to seek buyers for auto supplier Dura, people familiar with the matter told Bloomberg, as she looks to unload some of her investment firm's holdings.
Oct
19th

Automotive Grade Linux now supports telematics and ICs

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Automotive Grade Linux (AGL), a collaborative cross-industry effort developing an open platform for the connected car, has announced the latest release of the AGL platform, Unified Code Base (UCB) 6.0, which features device profiles for telematics and instrument clusters.
Oct
19th

“Brinkmanship” as Brexit talks enter final run – SMMT chief

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UK automotive body, SMMT (Society of Motor Manufacturers and Traders)  says there is an element of "brinkmanship" to the current tough negotiations between the European Union (EU) and Britain as Brexit talks start to enter the end game.
Oct
19th

Trump adviser Kudlow tells Detroit the economic boom will last ‘bunch more years’

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The Trump administration aims to keep up the U.S. economy's trajectory as it faces new trade talks with the European Union, Japan and China in the coming months.
Oct
19th

Nuvve Corp enters partnership with EDF to boost e-mobility plan

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Nuvve Corporation, a San Diego-based green energy technology company, and EDF Group have announced a strategic partnership that they say will leverage Nuvve's expertise in vehicle-to-grid (V2G) technologies in support of EDF Group's Electric Mobility Plan on "smart charging".
Oct
19th

UK should speed up engine ban to 2032, lawmakers say

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The UK should bring forward a ban on the sale of new gasoline and diesel cars and vans by eight years to 2032 to help the country reduce its greenhouse gas emissions, a parliamentary committee said.
Oct
19th

Study forecasts halving of auto assembly workforce by 2030

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A study by a consulting unit of PwC forecasts that the size of the workforce on auto industry assembly lines and in body and paint shops will be halved because of automation and the new types of vehicles being assembled.
Oct
19th

New Ford ad campaign includes shot at Tesla

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Ford will launch a new ad campaign featuring actor Bryan Cranston this weekend after giving dealers a first look at its annual national meeting in Las Vegas .
Oct
19th

Ford summons its swagger, shifts marketing focus to keeping loyalists

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Ford is shifting its focus from winning new customers to persuading current owners to stick with its namesake brand.
Oct
19th

Daimler Financial Services trials avatar in customer call centre

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Daimler Financial Services (DFS) has been trialling a digital avatar called 'Sarah' to answer most frequently asked customer questions during an internal pilot at one of the company's call centres in the US.
Oct
19th

‘UK political parties are ignoring Britain’s 40 million cars and our 50 million drivers’

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parliament
Opinion 20 Oct, 2018

Recent party political broadcasts have hardly mentioned Britain's 50 million motorists, says Mike Rutherford

Oct
19th

France OKs congestion pricing to reduce traffic jams

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France plans to make it easier for cities to introduce congestion pricing in a bid to reduce traffic jams and air pollution, the country's transport minister said.
Oct
19th

Thai sales rise 14% in September

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Thailand's new vehicle market continued to expand in September with sales rising by 14.3% to 88,706 units from 77,592 units in the same month of last year, according to data compiled by the Federation of Thai Industries (FTI).
Oct
19th

ZF acquires 35% of ASAP Holding

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ZF has acquired 35% of the shares of engineering services provider, ASAP Holding, located in Gaimersheim, Bavaria, near Ingolstadt, although financial details were not disclosed.
Oct
19th

Porsche CEO downplays IPO, expects record sales

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Porsche does not need a stock market listing to fund growth, CEO Oliver Blume said, adding he is confident the automaker can repeat last year's record sales in 2018.
Oct
19th

Why Porsche’s CEO is downplaying IPO speculation

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Porsche does not need a stock market listing to fund growth, CEO Oliver Blume said, adding he is confident the automaker can repeat last year's record sales in 2018.
Oct
19th

Hyundai taps growing EV market with Kona SUV

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The Hyundai Kona Electric SUV is off to a fast start in Europe as it is the first battery-powered model from the automaker for which demand is exceeding production. The current waiting time for the small crossover is more than six months.
Oct
19th

Faurecia CEO expects to maintain rapid growth despite trade war risks

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Faurecia has had a successful year so far as it benefits from robust China business and the rapid rise of SUV sales in Europe.
Oct
19th

South Korea’s Mobis develops proving ground for self-driving technology

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South Korean supplier Hyundai Mobis Co.
Oct
19th

VW to offer incentives for older diesels in Germany

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VW Group will offer trade-in incentives and a bonus for scrapping older diesel vehicles in Germany in a bid to prevent driving bans in cities where pollution exceeds the EU's clean air standards.
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