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May
14th

Yokohama Q1 profit up 18% to US$85m

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Yokohama has unveiled first-quarter profit attributable to the owners up 18% to JPY9.3bn (US$84.9m), with sales increasing 2.3% to JPY149.2bn.
May
14th

Takata airbag costs hit Subaru bottom line

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Subaru Corporation operating income in the fiscal year to 31 March 2018 fell 7.6% year on year to to JPY379.4bn, as foreign exchange gains were offset by a rise in sales expenses due to higher interest rates in the US, higher costs of raw materials, an increase in R&D expenses, and other factors.
May
14th

Iveco launches its first LNG truck in Japan

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Iveco has presented its developments in its action plan to support the use of natural gas in the transport sector in Japan.
May
14th

Hyundai Motor India renews export deal with Chennai port

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Hyundai Motor India the country's second largest manufacturer of passenger cars which claims to have been top exporter since it started operations, has renewed its memorandum of agreement with Chennai Port Trust for 10 years.
May
14th

Making Winterkorn pay for VW’s scandal could backfire on automaker

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Forcing former VW Group CEO Martin Winterkorn to pay for at least some of the 25 billion euros ($29.
May
14th

Making Winterkorn pay for VW’s scandal could backfire

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Forcing former VW Group CEO Martin Winterkorn to pay for at least some of the 25 billion euros ($29.
May
14th

GM Korea outlines plan for profitability by 2019

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GM Korea has announced what it describes as 'a robust business plan' that is intended to return the company to profitability by 2019.
May
14th

Allison appoints Frederick Bohley as CFO

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Allison Transmission has appointed Frederick Bohley as vice president, chief financial officer and treasurer, effective 1 June.
May
14th

New Mercedes-AMG GT S Roadster unveiled – pictures

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May
14th

New Mercedes-AMG GT S Roadster unveiled

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Mercedes-AMG GT S Roadster front outside
News 14 May, 2018

Third AMG GT Roadster variant sits between the current GT and GT C, with 0-62mph taking 3.8 seconds

May
14th

Mazda’s new CEO to focus on US

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Mazda Motor plans to appoint its current vice president Akira Marumoto, who oversees operations in the Americas, as its global president and chief executive officer in June - replacing Masamichi Kogai.
May
14th

SinoTruck targets strong overseas growth

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China National Heavy Duty Truck Group Corp (CNHTC), one of China's largest truck manufacturers also known as SinoTruck, is expanding aggressively overseas as it looks to build on its strong domestic market position.
May
14th

Regulating auto retail compliance goes beyond party lines

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Although political affiliation plays a role in a state attorney general's likelihood of pursuing auto retail compliance cases, other factors can also have an effect.
May
14th

Political window opens for mpg gains through high-octane fuel

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Automakers and others sense an opportunity to create a national high-octane standard that satisfies Big Oil, agribusiness, regulators and the auto industry.
May
14th

Inventories creep up as summer approaches

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Total inventory was up on May 1, but Meanwhile, the industrywide days supply retreated slightly from a year ago thanks to a strong selling rate.
May
14th

All public dealership groups raise average FandI profit per vehicle

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All six public new-vehicle dealership groups improved average FandI gross profit per unit in the first quarter, driven primarily by FandI training and an increase in product sales.
May
14th

Can tamer TrueCar be true to itself?

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Under Chip Perry, TrueCar is not a different company, but it's a very different brand, casting itself more clearly as the friend of the auto dealer. In the process, TrueCar gave up some of what made it distinctive in a sea of lead generators.
May
14th

Former GM purchasing scourge Bo Andersson is reborn as a supplier

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Bo Andersson has been dispatched by the president of Japan's giant family-owned wiring supplier, Yazaki Corp., to fix the business where it needs it most #8212; North America and Europe.
May
14th

Automaker-supplier ties take a hit

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One more sign that automakers are under pressure from a spate of new industry challenges #8212; their relations with suppliers have worsened.
May
14th

Supplier fire ripples across the industry

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A magnesium plant fire is the kind of black swan event that's unavoidable in an era when auto parts often are delivered just hours before they're needed on the assembly line, but prior disasters have taught automakers valuable lessons.
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 van, insurance you can rely on is a must.
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