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Jul
9th

BMW makes $4.7 billion deal with China’s CATL for battery cells

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$1.76 billion in battery cells will come from a new CATL plant in Erfurt, Germany. The rest will come from China.
Jul
9th

BMW reaches battery deal with China’s CATL

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BMW plans to source 4 billion euros' ($4.7 billion) worth of battery cells from Chinese battery maker CATL over the next few years, with 1.5 billion euros' worth coming from the supplier's future plant in Erfurt, Germany.
Jul
9th

BMW reaches battery deal worth with China’s CATL

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BMW plans to source 4 billion euros' ($4.7 billion) worth of battery cells from Chinese battery maker CATL over the next few years, with 1.5 billion euros' worth coming from the supplier's future plant in Erfurt, Germany.
Jul
9th

BMW US plant gears up for new X5

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BMW's Plant Spartanburg in South Carolina is in the final phases of gearing up for production of the redesigned X5, which begins later this summer.
Jul
9th

Nissan admits to more testing misconduct for vehicles sold in Japan

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Nissan said it had improperly measured exhaust emissions and fuel economy for 19 vehicle models sold in Japan, the second case in less than a year where misconduct has been discovered in its inspection processes.
Jul
9th

Nissan admits to more testing misconduct for vehicles sold in Japan

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Nissan said it had improperly measured exhaust emissions and fuel economy for 19 vehicle models sold in Japan, the second case in less than a year where misconduct has been discovered in its inspection processes.
Jul
9th

ECB board member warns against pessimism over U.S. trade wars in Europe

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As automakers in Europe brace themselves for possible U.S. tariffs on their cars, Benoit Coeure, an executive board member at the European Central Bank, says the euro area must not lose its nerve over trade tensions with the U.S.
Jul
9th

Faurecia finalises proposal to acquire Parrot Automotive

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Faurecia and Parrot have finalised a proposal concerning the take-over of 100% of Parrot Automotive by Faurecia, ahead of schedule.
Jul
9th

BMW races to get suppliers ready for Brexit

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BMW Group makes cars that can accelerate to 100 kph in 3.4 seconds, but as Brexit approaches the German automaker is working on something far more mundane: teaching suppliers to fill out customs forms.
Jul
9th

Ford begins Ranger Raptor production in Thailand

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Ford Motor began production of the Ranger Raptor in Thailand at the beginning of July, with local deliveries set to start in August.
Jul
9th

Japan sales fall 5% in June

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Japan's new vehicle market declined by 5% to 453,765 units in June compared with a strong 477,469 units a year earlier, according to registration data released by the Japan Automobile Manufacturers Association.
Jul
9th

BMW Dingolfing plant commences production of new 8 Series coupe

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BMW Group Plant Dingolfing has begun series production of the new BMW 8 Series Coupe.
Jul
9th

Floods halt car production in Japan

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Devastating flash floods and landslides in Japan so far have left more than 90 fatalities and 50 people missing, and have prompted the evacuation of over 2m people from their homes. The natural disaster has also brought to a halt automotive production at a number of plants in the country, mainly in the western prefectures of Hiroshima, Kyoto and Yamaguchi, as well as in the nearby city of Osaka.
Jul
9th

Nissan admits to falsifying emissions and economy figures

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Nissan X-Trail - Nissan badge
News 9 Jul, 2018

The practice took place at its plants in Japan, though there is no confirmation on number or type of vehicles involved

Jul
9th

Ferrari supplier Oerlikon calls off IPO of drives unit

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Industrial group OC Oerlikon has halted the share offering for its drives unit, which makes transmissions for supercar makers including Lamborghini and Ferrari. Oerlikon blamed adverse stock market conditions for its decision.
Jul
9th

UK plans investment boost for EV charging

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The UK will boost investment in EV infrastructure, including a 400-million-pound ($531 million) fund for companies that produce and install charging points, as it seeks to encourage consumers to move away from fuel-powered vehicles.
Jul
9th

UK plans investment boost for EV charging infrastructure

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The UK will boost investment in EV infrastructure, including a 400-million-pound ($531 million) fund for companies that produce and install charging points, as it seeks to encourage consumers to move away from carbon-polluting vehicles.
Jul
9th

Brexit’s come home – how the costs mount up

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This article was originally written on 6th July 2018, with the title 'Brexit's coming home' and primed for publication today, the 9th July. The title was based on two presumptions: (i) England would beat Sweden in the World Cup quarter final and (ii) the UK government cabinet would fail to agree on its negotiating position with the EU, thus making a 'hard' Brexit more likely. As we know, England delivered on Saturday, but the bigger shock was the UK government's 'Chequers statement' on Friday night. The prime minister Theresa May had seemingly quelled rebellion in the cabinet's ranks and engineered a path for a 'soft' Brexit for manufactured goods (a service sector agreement, covering 80% of the UK's economy comes later) via a Facilitated Customs Arrangement and a common rule book for manufactured goods. Now on Monday 9th July, even more unwanted uncertainty has been delivered following the resignation of Brexit minister David Davis from cabinet and the possibility of open warfare in the UK government.
Jul
9th

EV chargers to become mandatory on new homes

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TesLowJuice electric car charging up
News 9 Jul, 2018

New Government plans outline how new homes and street lighting will have to feature EV chargers

Jul
9th

FandI products help auto dealers boost used car sales

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As new-vehicle sales slow, and many finance and insurance managers likely sell to a larger pool of used-vehicle buyers, wise dealers will look to FandI products for a profit boost.
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