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Jul
25th

Valeo H1 operating margin up 0.5pts to EUR514m

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Valeo has posted first half operating margin of EUR514m or 5.3% of sales, up 0.5 percentage points, while net income was EUR162m.
Jul
25th

New BMW Urban X crossover to take on Audi Q2

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BMW Urban X - front (watermarked)
News 25 Jul, 2019

The new BMW Urban X will be the brand’s smallest SUV, and our exclusive images preview how it could look

Jul
25th

New BMW Urban X crossover to take on Audi Q2 – pictures

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Jul
24th

Restructuring hits Ford profit in Q2

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Ford has posted second quarter profits that show strong margins in North America, but also the impact of restructuring charges in Europe and South America.
Jul
24th

Faurecia records H1 net income up 1% to EUR346m

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Faurecia has posted first-half net income up 1% to EUR346m (US$386m).
Jul
24th

Brose develops automated vehicle access

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Supplier Brose says it has developed mechatronic systems that will offer vehicle owners an entirely new access experience and pave the way to automated driving and car-sharing trends.
Jul
24th

Aston Martin volume warning sends shares down

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Shares in Aston Martin dived more than 20% on Wednesday after the automaker cut its sales forecasts for 2019.
Jul
24th

BP’s Castrol does service refill deal with Renault Group

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Renault Group said BP global lubricant business Castrol would supply dealers' service refill requirements from 1 January 2020.
Jul
24th

Aston Martin shares plunge by more than 20 per cent

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Aston Martin DB11 AMR - Aston Martin badge
News 24 Jul, 2019

Aston Martin’s shares have lost more than a fifth of their value, following a huge slump in sales across Europe

Jul
24th

125 years of Mercedes motorsport: the cars and the stars – pictures

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Jul
24th

125 years of Mercedes motorsport: the cars and the stars

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Features 24 Jul, 2019

From supplying engines in the first motor race, to its current F1 domination, Mercedes has had plenty to celebrate in its 125-year history

Jul
24th

Renamed Daimler finance unit books good Q2 numbers

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Daimler Financial Services was renamed Daimler Mobility on 24 July though financing, leasing, insurance and fleet management continue to be core business.
Jul
24th

Brexit no deal “cannot be considered” – PSA chief

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PSA is urging a rapid decision be taken between the UK and the European Union (EU) concerning on what terms Britain exits the 28-State trading bloc.
Jul
24th

4D printing and the rise of smart materials

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Imagine if your favourite pair of jeans could last forever, thanks to self-repairing polymer chains in the fabric. Further, imagine a vehicle interior configuring to a customised layout and shape you have specified.
Jul
24th

PSA chairman hails “demanding” unions as H1 profit rises

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PSA says its labour bodies are "not easy" partners to work with, but acknowledges the spirit of cooperation which has reigned at the French manufacturer for the past few years despite challenging union relations.
Jul
24th

Mitsubishi profit plunges in second quarter

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Mitsubishi Motors operating income plunged over 86% in the second quarter of 2019 to JPY3,857m from EUR28,107m in Q2 2018.
Jul
24th

‘Formula E is the future of motorsport, not Formula 1’

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OPINION Formula E
Opinion 24 Jul, 2019

After watching the Formula E finale, Steve Fowler says that Formula 1 has a lot to learn from the all-electric racing series

Jul
24th

PSA H1 net income up 24% to EUR351m to EUR1.83bn

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PSA has posted first half net income up EUR351m (US$391m) to EUR1.83bn, while recurring operating margin increased 8.7%.
Jul
24th

Daimler confirms poor Q2 financial results

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Daimler has reported final results for the second quarter ended 30 June, 2019, reflecting the gloom previewed in its earlier revision down of full year expectations due to higher provisions for Takata airbag recalls and a regulatory crackdown on diesel emissions.
Jul
24th

Nissan expected to increase job cuts to 10,000

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Nissan Motor is expected to cut more than 10,000 jobs worldwide, or more than 7% of its global workforce, according to a report by Kyodo News citing company officials.
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