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Apr
3rd

FCA March sales rise 14% on record Jeep sales pace

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FCA US snapped an 18-month losing streak with March U.S. sales increasing 14 percent to 216,063 cars and light trucks behind the strength of a 45 percent gain in Jeep deliveries.
Apr
3rd

Hyundai Mobis credit ratings unaffected by re-org

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Moody's ratings says that Hyundai Motor Group's reorganisation plan will unlikely have an immediate impact on Hyundai Mobis Co., Ltd.'s and Hyundai Glovis Co., Ltd.'s ratings and outlook.
Apr
3rd

FCA snaps skid with 14% gain in March sales

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FCA US, behind a 45 percent surge in Jeep deliveries, snapped an 18-month string of monthly declines, with a 14 percent increase in March U.S. light-vehicle sales. GM, Ford and Toyota also posted gains.
Apr
3rd

Sales rise 6.4% as spring season starts with a bang

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U.S. light-vehicle deliveries, behind higher discounts, a surge in light-truck demand and an extra weekend of sales, rose 6.4 percent in March, topping expectations as the critical spring-selling season started off with a bang.
Apr
3rd

Valmet Automotive produces record 90,000 cars in 2017

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Finnish contract assembler Valmet Automotive built a record 90,000 vehicles at Uusikaupunki during 2017.
Apr
3rd

Continental, Osram finalize automotive lighting JV

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The suppliers Continental and Osram have finalized an agreement to create a JV to build automotive lighting modules.
Apr
3rd

Continental, Osram finalize automotive lighting JV

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Continental and Osram have finalized an agreement to create a global joint venture to build automotive lighting modules.
Apr
3rd

Female Hyundai executive resigns amid #MeToo movement

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A female Hyundai executive in South Korea has resigned after being accused of pressuring female subordinates to pour drinks for and dance with senior male members of staff.
Apr
3rd

Female Hyundai executive resigns amid #MeToo movement

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A female Hyundai executive in South Korea has resigned after being accused of pressuring female subordinates to pour drinks for and dance with senior male members of staff.
Apr
3rd

Pioneer/NVIDIA collaborate to expedite autonomous driving R&D

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Pioneer Corporation announced it has collaborated with NVIDIA to make Pioneer's 3D-Lidar sensors work with with NVIDIA DriveWorks, a software development kit (SDK) for autonomous driving.
Apr
3rd

Ford ‘hypothetically’ could make EVs in Germany after 2023, exec says

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Ford could make electric cars in Germany after 2023, when the life cycle of Ford's Fiesta model is due to end, the head of the carmaker's German business told a newspaper.
Apr
3rd

Geely Chairman Li Shufu will skip Daimler shareholder meeting

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Geely Chairman Li Shufu, who became Daimler's largest shareholder in February, will not attend the German automaker's annual meeting, said a source close to the Chinese billionaire.
Apr
3rd

Geely Chairman will skip Daimler annual meeting

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Geely Chairman Li Shufu, who became Daimler's largest shareholder in February, will not attend the German automaker's annual meeting, said a source close to the Chinese billionaire.
Apr
3rd

Magna/GACC to jointly produce liftgates in China

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Magna announced it has entered into a joint venture (JV) with GAC subsidiary, GAC Component (GACC), to begin production of composite liftgates for a global automaker's crossover vehicle starting in late 2018.
Apr
3rd

Commercials drive New Zealand March sales

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March new vehicle registrations of 14,028 vehicles in New Zealand were up 1% year on year, reflecting, the local Motor Industry Association (MIA) said, "a stable market".
Apr
3rd

Ford/Datang complete Cellular-V2X testing in China

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Ford and Datang have successfully conducted Cellular Vehicle-to-Everything technology (C-V2X) trials in China.
Apr
3rd

Waymo CEO says self-driving tech not to blame in deadly Tesla crash

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As controversy swirls around the death of a Model X driver last month, the head of Alphabet self-driving car unit is drawing distinctions between his company's technology and Tesla's Autopilot.
Apr
3rd

Ford South Africa to expand Struandale engine plant

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Ford Motor Company of Southern Africa (FMCSA) is expanding its operations at the Struandale engine plant in Port Elizabeth as part of a wide-ranging investment in its two local plants announced late last year.
Apr
3rd

Ford could build EVs in Fiesta plant in Germany

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Ford could build EVs in its plant in Cologne after 2023 when the life cycle of its Fiesta is due to end, Ford of Germany Chairman Gunnar Herrmann told the Handelsblatt business daily.
Apr
3rd

Ford could ‘hypothetically’ build EVs in Fiesta plant in Germany

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Ford could 'hypothetically' build EVs in its plant in Cologne after 2023 when the life cycle of its Fiesta is due to end, Ford of Germany Chairman Gunnar Herrmann told the Handelsblatt business daily.
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