The tobacco company Philip Morris International (PMI) has said its board chairman Louis Camilleri will assume the role of CEO of Ferrari S.p.A. It says the 'long-term relationship between our two companies is deep and meaningful and we look forward to continued business collaboration'. Mr Camilleri will continue to serve as non-executive chairman of the PMI board.
Canada fired back at Donald Trump's metals tariffs with dollar-for-dollar retaliation. For autos, it may not be so simple.
Work is underway to trial the UK's first full-sized driverless bus later this year. To start, the bus will be trialled for autonomous operation in a bus depot environment.
Steel and aluminum tariffs could eat up anywhere from about a third to well more than half of tax-cut benefits in 2018, a Bloomberg analysis shows.
Mitsubishi reported a 36 percent jump in operating profit in the latest quarter as the automaker's rebound gathers speed on rising sales in every key market.
The VW Group is apparently lining up a replacement CEO at its Audi brand, because of uncertainty surrounding the current CEO - Rupert Stadler - who is in pre-trial detention in Germany over allegations surrounding emissions tests cheating. Markus Duesmann has been offered a position on the VW Group board, but the position has not yet been given a job title.
Tenneco has announced that its board of directors has selected Brian Kesseler and Roger Wood as the chief executive officers of the aftermarket and ride performance company and powertrain technology company, respectively, the two new independent, publicly traded companies, which will be established in the second half of 2019.
Nissan's e-share mobi car-sharing service will expand to 100 new locations in Japan through a partnership with retailer Kohnan Shoji.
Michelin has recorded half-year net income up 6% to EUR917m (US$1bn), while volume was stable during the same period and rose 2.6% in the second quarter.
Mahle is developing high-voltage traction motors for fully electrified vehicles (EVs) as well as 48-volt drive motors for new-generation hybrids.
Groupe PSA has appointed Li Shaozhu as Dongfeng Motor International (DFG) as permanent representative to replace Liu Weidong, who has resigned.
As Tesla sales boom in Norway, customers complain its dealership network and service operation have failed to keep pace.
PSA Group's Opel/Vauxhall (OV) division has posted a first-half profit of EUR502m (US$587m), while its parent recorded net income up EUR226m to EUR1.5bn.
News
6 Dec, 2018
The hardcore Lexus RC F Track Edition will make its debut at the 2019 Detroit Auto Show
News
24 Jul, 2018
Hotter version of the Lexus RC F spotted testing on the road, two years after concept was teased
PSA turned its recently acquired Opel/Vauxhall business sharply back into the black while achieving record first-half profitability at its French car brands.
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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