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Jun
21st

Could Geely become as big as Volkswagen AG?

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Might the Geely group one day become China's number one car maker? Looking at how rapidly it has expanded in recent years, it would be foolish to consider that owner Li Shufu is content with what he already has. The latest series of just-auto's ongoing examination of the world's OEMs now turns to Zhejiang Geely Holding and its many car brands.
Jun
21st

Ford plans major new building near train station in Detroit

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Ford's development arm plans to tear down an old brass factory in Detroit's Corktown neighborhood and redevelop the site with a large new building near its recently purchased train station project.
Jun
21st

Ally to pay $19.7 million to settle class-action suit

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Ally Financial has agreed to pay nearly $20 million to settle a class-action lawsuit accusing the lender of charging customers fees outside their lease-to-own agreements.
Jun
21st

Daimler lowers profit expectations for 2018

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Daimler has lowered its guidance for earnings this year on the back of 'current developments' that includes the impact of higher tariffs on US-made Mercedes-Benz cars imported into China.
Jun
21st

IAC names former Magna exec Manfred Gingl as CEO

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International Automotive Components Group (IAC) named former Magna International executive Manfred Gingl to the post of CEO.
Jun
21st

Wilbur Ross-owned supplier IAC names new CEO

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International Automotive Components Group named former Magna International executive Manfred Gingl as CEO following the retirement of former chief Steve Miller this month.
Jun
21st

Audi stops sales, recalls A6, A7 for seat sensor glitch in U.S.

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Audi issued a stop sale and recall for 2012-18 A6 and A7 sedans equipped with certain seats after determining that a sensor designed to detect whether the passenger seat is occupied can malfunction.
Jun
21st

Nearly 500 Corvette ZR1s recalled over airbag issues, GM says

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Nearly 500 Chevrolet Corvette ZR1s from the 2019 model year are being recalled because of airbag deployment issues "under certain conditions."
Jun
21st

Intel ousts CEO Krzanich after relationship with employee

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Intel removed Brian Krzanich as CEO after the chipmaker learned he previously had a consensual relationship with an employee, a violation of the company's policies.
Jun
21st

GM adjusts executive roles for Dan Ammann, Mark Reuss

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General Motors is realigning responsibilities of two of its top executives, allowing GM President Dan Ammann to better concentrate on the automaker's development and deployment of autonomous vehicles.
Jun
21st

Porsche takes stake in Croatian carmaker

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Porsche has said it has taken a stake of 10% in Croatia's technology and electric sports car maker Rimac Automobili and and its subsidiary Greyp Bikes.
Jun
21st

Ford Sierra RS500 Cosworth heads to auction with £105,000 price tag

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Ford Sierra RS500 Cosworth - front
News 21 Jun, 2018

Low-mileage Ford Sierra RS500 Cosworth listed for sale at July’s Silverstone Classic Sale with six-figure price tag

Jun
21st

Aston Martin will open Silverstone test center

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Aston Martin will open a test and development center at Silverstone, the home of British Formula One racing, as the automaker continues to expand ahead of a possible stock market flotation.
Jun
21st

Ford Sierra RS500 Cosworth to be auctioned – pictures

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Jun
21st

SEAT to integrate Shazam in its vehicles worldwide

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VW-Group owned SEAT is partnering with Shazam to become the first car manufacturer to integrate the popular music-discovery app into its vehicles worldwide.
Jun
21st

Nissan does deal to boost EVs in Sicily

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Nissan and Sibeg, a bottler for Coca-Cola company in the Sicilian market, have formed an agreement to create an electric ecosystem consisting of vehicles and charging infrastructure.
Jun
21st

NEVS begins Tri-Network Initiative in Shanghai

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VW-Group owned SEAT is partnering with Shazam to become the first car manufacturer to integrate the popular music-discovery app into its vehicles worldwide.
Jun
21st

Fiat Chrysler slams EU regulators over $35 million tax bill

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Fiat Chrysler accused EU competition regulators of over-reaching their powers and acting as a supranational tax authority when they ruled against its tax deal with Luxembourg.
Jun
21st

Jatco to establish its second CVT plant in China

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Jatco, a speciality manufacturer of automatic transmissions (ATs, CVTs), has announced that Jatco (Suzhou) Automatic Transmission would be established as its second CVT production plant in China, in Economic and Technological Development Zone, Zhangjiagang City, Jiangsu Province, to expand its CVT production capacity.
Jun
21st

Grupo Antolin opens new factory in Shelby, Michigan

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Grupo Antolin, one of the largest manufacturers of vehicle interiors in the world, celebrated the opening of its new factory in Shelby (Michigan). With this new centre, Grupo Antolin strengthens its industrial presence in US.
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