Auto News 5

News 27 Oct, 2017

Network Rail launches campaign to stem tide of lorry ‘bridge bashing’, with each strike costing taxpayers £13,500 to fix

BMW is tapping its own wind turbines and recycled batteries to power machines that make cars such as the i3 EV at its plant in Leipzig, Germany.

News 27 Oct, 2017

Uncertified staff said to have inspected cars at two Subaru factories in Japan; probe follows similar announcement from Nissan

Assembly of the all-new Aston Martin DB11 began in May 2016 in at the supercar maker's plant in Gaydon, England. Output is expected to peak at more than 2,800 units in 2018, according to IHS Markit.

German supplier Roechling has opened a new factory in China to produce components for BMW. The plant produces wheel arch liners, floor panels, grille shutters, air filters and other parts for BMW's JV with Brilliance.

Dana's net income increased 21 percent to $69 million for the third quarter, due to strong market demands and acquisitions.

Visteon said its third-quarter net income rose 54 percent to $43 million, citing higher gross margins for its electronics components.

Net profit for supplier BorgWarner soared 123 percent to $185 million, driven by sales gains and sharply lower expenses compared with last year.

The UAW filed an unfair labor practices complaint against Tesla with the National Labor Relations Board after the automaker fired more than 400 employees.

Hyundai Motor (excludes Kia) has said its Q3 net Co profit fell 16% to 939.2 billion won due to sharp declines to China sales amid a diplomatic row that has hit sales of most Korean products and services there.

October is on track to be the second-best month of 2017 for U.S. new-vehicle sales, even though volume is projected to fall slightly from the same month last year.

Group 1's third-quarter net income fell 16 percent due to Hurricane Harvey's impact, despite a strong operational showing in the U.S. and in its overseas markets.

Ford has beaten analyst expectations with third quarter net income of $1.6bn, which was 63% ahead of the same quarter last year. Investors were particularly buoyed by automotive operating margin up by 1.7 percentage points to 5%

Volkswagen has launched an online platform to grab a share of used-car sales in Germany, as it pursues a goal to almost double its portfolio of credit, leasing and insurance contracts to 30 million units by 2025.

News 26 Oct, 2017

Insurance claim analysis reveals sharp increase in road collisions as clocks go back

News 20 Feb, 2019

Busy traffic period between 4pm and 6pm accounts for nearly a fifth of accidents, with a spike between 5pm and 5:10pm

VW, BMW and Daimler have warned EU regulators that adopting a patent fee model which favors companies including Qualcomm and Ericsson could hurt consumers and hinder innovation as cars increasingly resemble digital devices through their use of...

BMW hopes its new X2 will appeal to active, younger car buyers looking for a uniquely individual car when it launches its first lifestyle crossover next March.

Google's self-driving car affiliate Waymo is expanding winter testing as it works to address a potential blind spot for autonomous vehicles: snowy and icy conditions.

Autoliv has posted third-quarter operating income down 17% to US$158.7m, with consolidated sales of US$2.5bn.