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26th
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26 Apr, 2018
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- Beijing Motor Show 2024 – pictures
The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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Apr
26th
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GM's net income and operating profit fell sharply in the first quarter because of planned downtime of full-size pickup output, a restructuring in Korea and other costs. GM's earnings before interest and taxes declined 27 percent.
Apr
26th
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UK car production declined in March, down 13.3% year on year, according to the Society of Motor Manufacturers and Traders (SMMT).
Apr
26th
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Magna says the contract with the BMW Group 'is one of the first in the auto industry to include solid-state lidar for serial production.' The Canadian supplier developed the lidar with Innoviz.
Apr
26th
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Russia's automotive sector has emerged from the crisis of the past four years due to "serious support," which reached more than US$1bn alone last year from the government say Kremlin politicians as the country continues its slow recovery.
Apr
26th
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China is mulling proposals to cut import duties on passenger cars by about half, Bloomberg reported, citing people with direct knowledge of the matter, a move that's set to give a lift to luxury brands such as BMW and Lexus.
Apr
26th
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Porsche set one of the industry's most aggressive targets for selling plug-in hybrid and full-electric cars, predicting the vehicles will make up as many as half of its deliveries by 2025 in a sign the shift to electrified models is speeding up.
Apr
26th
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Porsche set one of the industry's most aggressive targets for selling plug-in hybrid and full-electric cars, predicting the vehicles will make up as many as half of its deliveries by 2025 in a sign the shift to electrified models is speeding up.
Apr
26th
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China is considering proposals to cut import duty on passenger cars by about half, sources said, in a move that would help German luxury automakers BMW, Mercedes and Porsche.
Apr
26th
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Tesla's Autopilot chief, Jim Keller, has left the company, the latest in a rash of executive departures at the electric-car maker, which is in a fierce war for the engineering talent.
Apr
26th
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Tesla's Autopilot chief, Jim Keller, has left the company, the latest in a rash of executive departures at the electric-car maker, which is in a fierce war for the engineering talent needed to develop autonomous vehicles.
Apr
26th
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Visteon has announced that it will provide a SmartCore-based integrated cockpit domain controller to Geely Auto for its new electric vehicle platform. Through this collaboration, both companies will jointly promote the innovation of cockpit electronics in the automotive industry.
Apr
26th
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Nissan CEO Hiroto Saikawa said a Renault-Nissan merger would have "side effects" and stressed the importance of independence in an interview with the Nikkei business paper.
Apr
26th
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Major Chinese auto-related electric battery firms saw a profitability downturn in 2017, despite upstream material producers enjoying bigger margins, Chinese media reports say.
Apr
26th
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UK production fell 13 percent in March as bad weather disrupted supply chains and worries over export prospects after Brexit and the future of diesel vehicles dampened demand.
Apr
26th
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Apr
26th
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Ford is rationalising its product offering and cutting costs still further. The news follows the posting of first quarter results that showed a swing to profit after a loss in the same quarter last year; revenue was also up 7%.
Apr
26th
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Volkswagen Group first quarter operating profit fell to EUR4.2bn from EUR4.4bn following record unit sales which led to group sales revenue rising year on year from EUR 56.2bn to EUR 58.2bn.
Apr
26th
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Hyundai's first-quarter net profit halved as bleak U.S. and China sales, a strong South Korean currency and labor union strikes dragged on the automaker's earnings.