BMW Korea is recalling over 106,000 cars after a group of customers filed a lawsuit against it and one of its local dealers over faulty parts that allegedly led to engine fires.
Panasonic said it expects its battery business with Tesla to contribute to profit from the second half of its business year, as production of mass-market Model 3 cars picks up pace.
News
1 Aug, 2018
Entry-level Clubman City trim aimed a fleet users, introducing emissions friendly engines for BiK appeal
Toyota-affiliated supplier Denso said it expects to take a hit of up to $719 million this year if the United States raises auto tariffs, Japanese media reported.
Honda has raised its profit outlook as stronger sales in the US have helped it post a gain of 11% in quarterly operating profit (fiscal first quarter ended 30 June) to 299.3 billion yen, beating analyst estimates.
Ford will introduce a compact pickup in the U.S. by 2022, according to Automobile, which says the small pickup will be a unibody vehicle based off the next-generation Focus platform.
News
31 Jul, 2018
Skoda Karoq SUV gets the Scout treatment with three all-wheel-drive drivetrains and some off-road styling
BMW said it is offering a new lower-price tier in its vehicle subscription program, which allows members to switch out vehicles for a monthly fee.
Aptiv has reported second-quarter net income of US$291m, down 2% from the comparable period last year, while revenue rose 12% to US$3.7bn.
Panasonic on Tuesday said it expects its battery business with Tesla to contribute to profit from the second half of its business year, as volume production of Model 3 cars increases.
Jaguar Land Rover posted a quarterly loss as higher incentives in China. Europe's diesel slump also hit earnings.
Jaguar Land Rover posted a quarterly loss as higher incentives in China and Europe's diesel slump hit earnings.
Denso said on Tuesday it expects to take a hit of up to JPY80bn (US$719m) this year if the US raises auto tariffs, Reuters reported, citing Japanese media.
Among a long list of French industrialists treading a familiar path through Paris' elite business universities, is Louis Schweitzer, whose storied and glittering career takes in a breathtaking canter through the rarefied air of the country's very top jobs. Simon Warburton spoke to him on the fringes of the recent Forum on the European Automotive Industry (FEAL) in Lille.
BMW is to build a new manufacturing facility in Hungary, close to the town of Debrecen.
Chinese turbocharger specialist BMTS Technology is to open a new factory in Saltillo, in the Mexican state of Coahuila, to meet increased demand from automakers in North America.
Daimler has selected Solace to provide the technology powering its Mercedes Me app and associated services by streaming information between vehicles and back-end applications.
Malaysia's newly-elected prime minister, Mahathir Mohamad, said his government was considering introducing new restrictions on car imports to help nurture the country's "infant" domestic automotive industry.
Although UK car production for export markets held up in June, production for the UK domestic market was some 47.2% down on last year's pace.
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