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Apr
27th

Valeo sales growth slows on U.S., China auto production dip

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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.
Apr
27th

Magna supplies solid-state LiDAR to BMW

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Magna has said that it - alongside partner Innoviz Technologies - will supply the BMW Group with solid-state LiDAR for upcoming autonomous vehicle production platforms.
Apr
27th

Toyota Brazil bets on flex fuel Prius

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Toyota has revealed its first prototype of a hybrid electric vehicle powered by a flexible fuel internal combustion engine.
Apr
27th

Michelin records Q1 net sales up 1.4% to EUR5.2bn

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Michelin has recorded first-quarter net sales up 1.4% at constant exchange rates to EUR5.2bn (US$6.2bn).
Apr
27th

Continental may carve out car engine components business

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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.
Apr
27th

Continental Q1 earnings fall 9% on currency effects

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German supplier Continental said adjusted earnings before interest and tax (EBIT) declined 9 percent in the first quarter as currency headwinds dented profit.
Apr
27th

Volvo Q1 profit rises nearly 4% on China, U.S. demand

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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.
Apr
27th

Volvo Q1 profit rises nearly 4% on China, U.S. demand

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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.
Apr
27th

Toyota spending $170m to expand Mississippi plant

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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.
Apr
27th

‘Yearly savings of thousands are achievable for drivers’

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Opinion 29 Apr, 2018

With the average cost of driving a car hitting £5,795 in 2017, Mike Rutherford offers advice for saving money

Apr
27th

Renault Q1 Group revenue up fractionally to EUR13.2bn

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Renault has posted first-quarter Group revenue up 0.2% to EUR13.2bn (US$16bn), with worldwide registrations increasing 4.8% to 935,041 vehicles.
Apr
27th

Daimler Q1 operating earnings fall despite higher vehicle sales

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Daimler's earnings dropped 12 percent to about $4 billion in the first quarter despite higher vehicle sales. The company blamed foreign exchange effects and sales incentives.
Apr
27th

Daimler Q1 earnings fall despite higher vehicle sales

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Daimler's earnings dropped to 3.34 billion euros ($4.03 billion) in the first quarter despite higher vehicle sales. The automaker said operating profit was 12 percent lower because of foreign exchange effects and the absence of one-off gains.
Apr
27th

Renault sales growth falters on Asia setbacks

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Renault said revenue rose by a smaller-than-expected 0.2 percent in the first quarter, as the company suffered sales setbacks in India, China and South Korea, compounded by the effects of a stronger euro.
Apr
27th

Fears for Ford Mondeo’s future rise after sedan phaseout in U.S.

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Ford said the Mondeo remains part of its European lineup despite fears for the car's future after the company announced it wouldn't replace its current sedan lineup in the United States.
Apr
27th

Fears for Ford Mondeo’s future rise after sedan phaseout in U.S.

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Ford said the Mondeo remains part of its European lineup despite fears for the car's future after the company announced it wouldn't replace its current sedan lineup in the U.S. #8212; including the Fusion, on which the Mondeo is based.
Apr
27th

Fears for Ford Mondeo’s future after sedan phaseout in U.S.

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Ford said the Mondeo remains part of its European lineup despite fears for the car's future after the company announced it wouldn't replace its current sedan lineup in the U.S. #8212; including the Fusion, on which the Mondeo is based.
Apr
27th

Suppliers to the new Seat Ateca

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Assembly of the all-new Seat Ateca began in April 2016 at parent Volkswagen Group's plant in Kvasiny, Czech Republic. Output peaked at more than 55,200 units in 2017, according to IHS Markit.
Apr
26th

Tesla shareholder presses board to appoint independent chairman

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Tesla shareholders will vote in June on whether to adopt a policy that the company only allow an independent director to be chairman, a role Elon Musk has held since 2004.
Apr
26th

Tesla shareholder presses board to appoint independent chairman

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Tesla shareholders will vote in June on whether to adopt a policy that the company only allow an independent director to be chairman, a role that Elon Musk has held since 2004.
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