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May
3rd

Adient posts Q2 net income of US$168m

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Adient has reported unchanged second-quarter net income of US$168m with revenue of US$4.6bn.
May
3rd

New hardcore 617bhp BMW M5 variant leaked online

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BMW M5 Competition package leaked image
News 3 May, 2018

BMW to one-up the Mercedes-AMG E 63 S with new performance package for the latest M5 super saloon

May
3rd

Ferrari Q1 earnings rise 13% on V-12 engine sales

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Ferrari reported a 13 percent rise in first-quarter adjusted core earnings, helped by higher sales of its 12-cylinder models.
May
3rd

Ferrari Q1 earnings rise 13% on V-12 engine sales

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Ferrari reported a 13 percent rise in first-quarter adjusted core earnings, helped by higher sales of its 12-cylinder models.
May
3rd

Musk’s most dumbfounding moments on Tesla’s earnings call

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During a highly unusual earnings call, Elon Musk cut off analysts and got defensive about probing questions pertaining to Tesla's finances. Tesla burned through another $1 billion.
May
3rd

Musk’s most dumbfounding moments on Tesla’s earnings call

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During a highly unusual earnings call, Elon Musk cut off analysts and got defensive about probing questions pertaining to Tesla's finances. Tesla burned through another $1 billion.
May
3rd

South Korean sales rise fractionally in April

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Domestic sales by South Korea's five largest automakers combined increased by 1.2% to 134,197 units in April from 132,675 units in the same month of last year, according to preliminary data released individually by the vehicle manufacturers.
May
3rd

GM bets on 3D printers for cheaper and lighter parts

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GM said it was working with design software company Autodesk to manufacture lightweight 3D-printed parts that could help the automaker meet its goals to add alternative-fuel vehicles to its lineup.
May
3rd

GM bets on 3D printers for cheaper and lighter parts

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GM said it was working with design software company Autodesk to manufacture lightweight 3D-printed parts that could help the automaker meet its goals to add alternative-fuel vehicles to its lineup.
May
3rd

Magna Rus looks to country to escape ‘hostages of Soviet past’

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Magna Automotive Rus purchasing says localising in Russia has an element of being 'hostage to its Soviet past as the country looks to reduce its dependence on overseas imports.
May
3rd

JLR appoints new director of manufacturing

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Tata-owned Jaguar Land Rover (JLR) has announced that Grant McPherson is to join the Board of Management as Executive Director, Manufacturing. He succeeds Wolfgang Stadler in the role - Stadler is retiring.
May
3rd

Aptiv launches fleet of AVs on Lyft network

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Aptiv has announced the launch of a fleet of 30 autonomous vehicles in Las Vegas on the Lyft ride-hail network.
May
3rd

Tesla reports record net loss

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Tesla boosted first quarter 2018 automotive revenue to US$2,735,317,000 from $2,702,195 in Q1 2017.
May
3rd

Mercedes GLC facelift spied for the first time – pictures

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May
3rd

Mercedes GLC facelift spied for the first time

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News 3 May, 2018

Revised interior tech and new plug-in hybrid variants for Merc's forthcoming mid-size GLC SUV facelift

May
3rd

Private demand drives Italy’s 7% growth

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New-car sales in Italy rose 6.5 percent last month, helped by a recovery in demand by private customers and by an additional selling day compared with the same month last year.
May
3rd

VW weighs spin-offs of non-core assets

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VW Group is pondering spin-offs of non-core assets such as motorcycle maker Ducati and transmissions maker Renk, as the automaker seeks to boost its efficiency and become more nimble.
May
3rd

VW will get clear moral compass, new CEO promises shareholders

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VW will expand its internal whistleblower system to give the automaker a clear moral compass, its new CEO, Herbert Diess, said. VW also is pondering spinoffs of noncore assets.
May
3rd

VW weighs spin-offs of non-core assets

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VW is pondering spin-offs of non-core assets such as motorcycle maker Ducati and transmissions maker Renk, as the automaker seeks to boost its efficiency and become more nimble.
May
3rd

VW will get ‘clear moral compass,’ new CEO promises shareholders

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VW will expand its internal whistleblower system to give the automaker a clear moral compass, its new CEO, Herbert Diess, said.
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