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31st
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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.
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Jul
31st
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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.
Jul
31st
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Jaguar Land Rover posted a quarterly loss as higher incentives in China. Europe's diesel slump also hit earnings.
Jul
31st
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Jaguar Land Rover posted a quarterly loss as higher incentives in China and Europe's diesel slump hit earnings.
Jul
31st
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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.
Jul
31st
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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.
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31st
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BMW is to build a new manufacturing facility in Hungary, close to the town of Debrecen.
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31st
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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.
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31st
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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.
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31st
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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.
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31st
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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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31st
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Ralf Brandstatter, 49, the Volkswagen brand's board level head of procurement, has been named chief operating officer (COO) of the brand from 1 August, 2018.
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31st
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British commercial vehicle manufacturing grew 6.1% in June with 7,769 vehicles leaving production lines, according to the data from the Society of Motor Manufacturers and Traders (SMMT).
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31st
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BMW plans to invest $1.17 billion in a new assembly plant in Hungary, its first factory in Europe in nearly two decades as the automaker strengthens its European footprint amid growing protectionism.
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31st
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BMW will open a factory in Hungary next year capable of building conventional and electrified models, joining rivals Mercedes and Audi in producing cars in the eastern European country.
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31st
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Honda reported an 11 percent increase in companywide quarterly profit as rising sales in North America and aggressive cost-cutting offset foreign exchange rate losses. European profit was up 6 percent.
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31st
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Honda reported an 11 percent increase in operating profit in the most recent quarter as rising sales in North America offset foreign exchange rate losses.
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31st
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Volkswagen Group said company veteran Ralf Brandstaetter will be chief operating officer of its core VW passenger cars brand.
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31st
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A no-deal Brexit is not an option for Britain's car industry, given the costs and disruption that automakers and consumers would suffer, the head of the country's automobile industry group said.