Auto News 5

Germany's Mahle Group has invested 24 million euros in a plant in the east China city of Changshu to produce compressors for automotive air conditioners.

Continental has started supplying a transmission control system to China's Great Wall Motor Co. for its seven-speed dual-clutch transmission.

Opinion 29 May, 2017

Mike Rutherford thinks the process for buying a new car on finance is too confusing for most, and needs to be simplified

There had been enough rumours in automotive and financial circles over the last few weeks (and months) to suggest Change was coming at Ford - to wit the Monday ousting of CEO Mark Fields (billed in the press release as 'retirement') after less than three years in the top job, with a well-seasoned (but mostly not in autos) executive, Jim Hackett, replacing the long-Ford-serving Fields who had been praised, for example, for his work heading Mazda on the way to the top job in Dearborn and the moves towards 'mobility' once there.

UK energy provider, Northern Powergrid and Nissan have inked an (MOU) to look at how electric vehicles (EV), batteries and other technologies can support energy networks during the next six years.

While Tesla's Model S has been a hit and thousands lined up to order the upcoming Model 3 sedan, the Model X crossover hasn't met the CEO's expectations.

GSR Capital, a Chinese private equity firm, is nearing a deal to acquire control of a Nissan's rechargeable battery unit for about $1 billion, Bloomberg reported. The venture makes the lithium ion cells for the automaker's Leaf electric car.

Serbia's Prime Minister has attended the ceremony marking production start of the new Fiat 500L in Kragujevac.

German prosecutors confirmed they are investigating whether Bosch employees were involved in an alleged fraud at Daimler to manipulate emission tests on diesel cars.

News 26 May, 2017

Tweaked Volvo S60 Polestar saloon clocked in a record breaking - but since broken - four-door Nurburgring lap last year

Tenneco has announced that its Multi-Tuned Valve (MTV) suspension technology is featured on the new Peugeot 3008 SUV, which was named 2017 European Car of the Year during the Geneva Motor Show in Switzerland earlier this year.

Battery powered cars will soon be cheaper to buy than conventional gasoline ones, offering immediate savings to drivers, new research shows.

After three years of successive slumps in its sales, the Brazilian auto parts industry underwent a fast capital reduction process which is now causing some manufacturers liquidity problems.

Electric cars will soon be cheaper to buy than conventional gasoline ones, new research shows. Batteries currently account for about half the cost of EVs, and their prices will fall by about 77 percent between 2016 and 2030, a Bloomberg study says.

President Trump criticized German automakers for selling too many vehicles in the U.S. in a meeting with EU officials, Der Spiegel said. "We're going to stop that," he was quoted as saying by the magazine.

Gestamp is opening a new R&D centre in Auburn Hills, Michigan today (26 May), housing robotic prototype assembly cells, a laser cell, a durability performance test lab and complementary metallurgical and metrology labs.

Christian Kullmann has replaced Klaus Engel as CEO after a shareholders meeting in Essen, Germany, which approved a dividend payment of EUR1.15 (US$1.30).

Ford of Europe's new president, Steven Armstrong, believes the automaker is in great shape and has the right products for the region after undergoing major restructuring. The automaker posted a record $1.2 billion pre-tax profit in Europe last year.

An Italian court will hear a class action suit for damages against VW Group over its diesel-emissions cheating. The suit was filed on behalf of consumers from all of the group's affected brands, including Audi, Skoda, Seat and the core VW unit.

Renault named Fabrice Cambolive as head of the automaker's operations in Africa, the Middle East and India, replacing Bernard Cambier, who has held the post since 2014.