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Jul
29th

PSA’s Taveres continues to threaten Ellesmere Port plant

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As weekend reports suggested new British prime minister Boris Johnson was ramping up the country's preparation for a no-deal Brexit, in light of the EU's intransigence, PSA's chief continued to threaten the UK with the closure of the Opel-Vauxhall plant at Ellesmere Port near Liverpool.
Jul
29th

RHA urges new UK PM for Brexit clarity

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Britain's Road Haulage Association (RHA) is calling on new UK Prime Minister, Boris Johnson to ensure borders between the UK and EU remain free flowing after Brexit.
Jul
29th

Moody’s affirms Nissan’s A3 rating, outlook negative

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Moody's Japan has affirmed Nissan Motor's A3 issuer rating.
Jul
29th

Bumchon Precision to build Hungary battery terminal plant

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Bumchun Precision is to construct its first plant outside South Korea in Hungary with an investment of EUR40.8m (US$45.3m).
Jul
29th

Bumchun Precision to build Hungary battery terminal plant

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Bumchun Precision is to construct its first plant outside South Korea in Hungary with an investment of EUR40.8m (US$45.3m).
Jul
29th

New Audi A1 Citycarver adds urban off-road flavour – pictures

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Jul
29th

New Audi A1 Citycarver adds urban off-road flavour

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Audi A1 Citycarver
News 29 Jul, 2019

Audi has launched a new, off-road inspired version of the A1 Sportback, with a raised ride height and rugged exterior add-ons

Jul
26th

Goodyear Q2 net income falls 65% to US$54m

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Goodyear has posted second-quarter net income down 65% to US$54m down from $157 million a year ago.
Jul
26th

BorgWarner posts Q2 net earnings down 37% to US$172m

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BorgWarner has unveiled second-quarter net earnings down 37% to US$172m, while six-month numbers fell to US$332m from US$497m.
Jul
26th

UKAEA unveils new facility to support driverless car technology

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The UK's Atomic Energy Authority (UKAEA) has announced the completion of a new UK5.8m facility, built to support the development of connected and autonomous vehicles (CAV).
Jul
26th

Lear net income down 45% in Q2

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Lear corporation has reported net income down 45% in the second quarter. Lear's results were negatively impacted by continued declines in industry production and adverse currency movements.
Jul
26th

Daimler future models – Mercedes-Benz EQ

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According to Daimler, EQ is meant to be an abbreviation for "Electric Intelligence". While it is also used as a prefix for battery-electric smart cars as well as for powertrains in Mercedes-Benz and Mercedes-AMG partially electrified cars and SUVs, this report centres on models which are fully electric, bespoke EQ vehicles.
Jul
26th

Autonomous takes a big step and more jobs at risk – the week

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Bosch infrastructure combined with Daimler vehicle technology means cars can now be parked and retrieved without a driver at the Mercedes-Benz Museum parking garage in Stuttgart.
Jul
26th

Could tyres generate auto device electricity?

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A new technology that could see tyres generate electricity whilst driving is being developed by engineers in Japan.
Jul
26th

Emissions fine takes gloss off Porsche first half

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Porsche increased sales and operating profit in the first half of 2019 but special items related to diesel emissions fines took the shine off.
Jul
26th

Michelin posts H1 net income off 8% to EUR844m

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Michelin has recorded first-half net income down 8% to EUR844m (US$940m), with volume falling 0.9%.
Jul
26th

Hydro supplies sustainable aluminium for Audi e-tron

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The aluminium producer Hydro now supplies sustainable aluminium for the battery housing of the first fully electric model of the company - e-tron.
Jul
26th

Magna inks EV production joint venture with BAIC, Zhenjiang

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Magna International has signed a joint venture agreement with China's BAIC Group and the Zhenjiang municipal government to build new energy vehicles in the city of Zhenjiang in Jiangsu province.
Jul
26th

Ford signs greenhouse gas pact with CARB

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Ford has unveiled an agreement with the California Air Resources Board (CARB) and three other automakers, which will provide greater regulatory certainty regarding fuel economy standards for the next several years.
Jul
26th

Renault H1 net income plunges 49% to EUR1.05bn

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Renault has posted first-half net income down almost 50% to EUR1.05bn (US$1.16bn), while revenue also fell 6.4% to EUR28.1bn after what the manufacturer describes as a "degradation in demand."
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