Magna reported a 13 percent year-over-year gain in second-quarter net income on record sales, even as it lowered its outlook for 2018 in response to tariffs.
Magna International reported a 13 percent year-over-year gain in second-quarter net income on record sales, even as it lowered its outlook for 2018 in response to tariffs.
The global automotive market is continuing to grow, according to analysis carried out by just-auto. However, demand in key markets is easing as concerns rise over the outlook. Dave Leggett provides a commentary.
Magna has posted second-quarter net income attributable to Magna International, up 14% to US$626m.
Billionaire investor Elon Musk has always done things his own way, from designing space rockets to manufacturing electric cars. Now the Tesla CEO is looking to re-engineer how a company can be taken private.
Billionaire investor Elon Musk has always done things his own way, from designing space rockets to manufacturing electric cars. Now the Tesla CEO is looking to re-engineer how a company can be taken private.
Elon Musk appears to be seriously considering turning publicly listed Tesla into a private company.
Gentherm has appointed Barbara Runyon as senior vice president and chief human resources officer, reporting to president and CEO, Phil Eyler.
Owners of some Buick models can now pay for fuel at ExxonMobil service stations using their vehicles' infotainment systems.
Pirelli is to create a joint venture with Hixih Group, which will own, through the company Jining Shenzhou Tyre, a new consumer production plant in China.
Mazda Motor said it would begin a joint research project with Saudi Aramco and Japan's National Institute of Advanced Industrial Science and Technology (AIST) aimed at making internal combustion engines more efficient and reducing carbon dioxide emissions.
Japan's new vehicle market rose by 3.3% to 441,534 units in July from already strong year earlier sales of 427,547 units, according to registration data released by the Japan Automobile Manufacturers Association.
Ford is working with Chinese partner Jiangling (JMC) to bring a new Ford-branded midsize SUV to the Chinese market in 2019.
Schaeffler Group has inked a joint venture with Paravan to develop drive-by-wire technology subject to regulatory approval by Germany's Federal Cartel Office.
At the CAR Management Briefing Seminars held in Traverse City, Michigan recently just-auto's Calum MacRae met with Yanfeng Automotive Interiors' Executive Director Research, Technology & New Mobility Jeff Stout and Vice President and General Manager Nathan Bowen to discuss the changing automotive environment and Yanfeng's role in it.
News
8 Aug, 2018
The implementation of WLTP emissions standards could cause a car sales slump, believes Steve Fowler
Britain's Advanced Propulsion Centre (APC) has secured GBP35m (US$45m) of government funding to develop low carbon technology.
Indian ride-hailing firm Ola plans to launch its service in the UK this year, intensifying its rivalry with U.S. peer Uber.
Tesla CEO Elon Musk said he was considering taking the money-losing EV maker private for $420 per share, which would equate to an enterprise value of about $82 billion including debt.
Tesla CEO Elon Musk said he was considering taking the money-losing EV maker private for $420 per share, which would equate to an enterprise value of about $82 billion including debt.
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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