Autoliv said its first-quarter operating profit rose 3.2 percent and said it would not deliver financial guidance for the group ahead of its impending creation of two seperate units - Passive Safety and Electronics - later this year.
Autoliv has posted first-quarter operating income up 3.6% to US$225m, with record sales up 7.8% to US2.8bn and gross profit of US$579m.
The tyre is a highly complex product packed with advanced material engineering. Continuing just-auto/QUBE's series of research snapshots, this one focuses on some recent advances in the tyres arena.
Porsche booked further rises in vehicle deliveries, revenue and operating profit in the first quarter of 2018.
Honda and Mazda issued profit warnings for the current financial year on worries a stronger yen would erode their operating earnings, wiping out the impact of record high global vehicle sales.
Autoliv has issued a statement to say the process of spinning off its electronics business under the name Veoneer is 'progressing well'.
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A new joint venture between Magna and Beijing Hainachuan Automotive Parts (BHAP) has been formed and has already netted new door module business for a German OEM in China.
The Board of Directors of LG Electronics (LG) has approved the acquisition of leading automotive lighting and headlight systems provider ZKW Group, capping a deal worth more than EUR1.1billion, LG's largest acquisition to date.
Harman International, a wholly-owned subsidiary of Samsung Electronic, has announced that Great Wall Motors (GWM) has chosen Harman to deliver its Remote Vehicle Updating Service (OTA) in the company's vehicle launching in 2019. This announcement was made at the Auto China 2018 show.
Valeo said revenue growth slowed to 3 percent in the first quarter, held back by a strong euro and a contraction in Chinese and U.S. car production.
Magna has said that it - alongside partner Innoviz Technologies - will supply the BMW Group with solid-state LiDAR for upcoming autonomous vehicle production platforms.
Toyota has revealed its first prototype of a hybrid electric vehicle powered by a flexible fuel internal combustion engine.
Michelin has recorded first-quarter net sales up 1.4% at constant exchange rates to EUR5.2bn (US$6.2bn).
German supplier Continental said adjusted earnings before interest and tax (EBIT) declined 9 percent in the first quarter as currency headwinds dented profit.
Continental said it might carve out its business that makes car engine components, potentially paving the way for a stock market listing for parts of the division.
Volvo reported a 3.6 percent rise in quarterly operating earnings as growing sales in China and a recovery in the U.S. market offset increased development and marketing costs.
Volvo reported a rise in quarterly operating earnings as growing sales in China and a recovery in the United States offset increased development and marketing costs.
Toyota Motor said it plans to spend US$170m on its vehicle assembly plant in the US state of Mississippi, according to local reports in Japan.
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