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May
10th

UK’s 10 busiest speed camera locations make £3m per year

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Speed cameras variable speed
News 10 May, 2017

A new study found the top 10 highest earning speed camera locations fined motorists over £3 million over a year

May
10th

BYD delivers 60ft articulated electric bus to California

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BYD has delivered what it says is America's first 60-foot articulated battery-electric transit bus to the Antelope Valley Transit Authority (AVTA) in Los Angeles County, California.
May
10th

Electric superminis to cost the same as petrol cars by 2020

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Renault ZOE
News 10 May, 2017

Renault’s EV boss says the cost of electric cars such as the ZOE will drop, bringing them in-line with conventionally-powered cars

May
10th

Novelis/Kobe Steel establish Ulsan Aluminium JV in South Korea

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Novelis has started a joint venture agreement with Kobe Steel, a producer of aluminium rolled products in Japan.
May
10th

Leoni Q 2017 sales up 10.% at EUR1,205.50m

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Leoni, the cables and cable systems supplier, said it increased its consolidated sales by around 11% year on year to EUR1.21bn (US$1.31bn) in the first three months of 2017.
May
10th

Kobe Steel to increase production equipment at Moka plant

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Kobe Steel is to increase the heat treatment equipment and surface treatment equipment at its Moka Plant in Moka, Tochigi Prefecture, to meet growing demand for automotive aluminium panel material in Japan.
May
10th

Leoni Q 2017 sales up 10% at EUR1,205.50m

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Leoni, the cables and cable systems supplier, said it increased its consolidated sales by around 11% year on year to EUR1.21bn (US$1.31bn) in the first three months of 2017.
May
10th

JLR Halewood site builds 600,000 Evoques in six years

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Jaguar Land Rover (JLR)'s Halewood production plant in the UK has built 600,000 units of the Evoque in the six years since the model's introduction.
May
10th

Toyota takes currency hit to operating income

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After posting a 30% decline to operating income in the fiscal year ended March 31, Toyota is forecasting a further 20% decline in the current fiscal year.
May
10th

Takata reports 3rd consecutive annual loss

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Takata reported a full-year net loss of 79.6 billion yen ($699.04 million) - its third consecutive annual loss - as the embattled supplier faces bankruptcy over costs related to the recall of its potentially deadly airbag inflators.
May
10th

Suzuki to expand capacity in India as sales rise

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Suzuki Motor plans to spend an additional JPY100bn (US$877m) in India to help it meet rising demand for passenger vehicles in the country, according to reports in Japan.
May
10th

Frictionless Brexit deal is critical to UK investments says Ford boss

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Jim Farley Ford
News 10 May, 2017

Ford’s investment plans in the UK hinge on a smooth transition to Brexit avoiding increased ‘border friction’.

May
10th

How VW plans to achieve job cuts in Germany

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VW hopes to finalize plans this year to reduce its German workforce by a net 14,000 workers by the end of the decade without using costly severance packages, as the brand seeks to save 3 billion euros in domestic labor costs to help offset the costs...
May
10th

Toyota President Toyoda feels ‘sense of crisis’ as profits tumble

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Foreign exchange rates and spiraling costs hammered profits at Toyota, derailing the automaker from a third-straight year of record results and spurring President Akio Toyoda to warn of an impending "sense of crisis."
May
10th

Toyota President feels ‘sense of crisis’ as profits tumble

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Foreign exchange rates and spiraling costs hammered profits at Toyota, derailing the automaker from a third-straight year of record results and spurring President Akio Toyoda to warn of an impending "sense of crisis."
May
10th

Life’s a beach in BMW’s latest M website video

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BMW is not above using a little humor to spread the word about its new M performance sub-brand website.
May
9th

Ford’s board to question Fields on strategy as shares lag, reports say

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Ford's board is turning up the pressure on CEO Mark Fields to better explain the company's fading fortunes and his plan to turn things around, reports said.
May
9th

Daimler drops bid to win approval to sell U.S. 2017 Mercedes diesels

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Daimler dropped plans to seek U.S. approval to sell 2017 Mercedes-Benz diesel models, but has not decided whether to exit the American passenger diesel market.
May
9th

Roush opens engineering center for electric, autonomous vehicles

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Automotive supplier Roush Industries has opened an engineering center in suburban Detriot that will create about 150 jobs, mostly in engineering and data science.
May
9th

A map like this persuaded Trump to save NAFTA — for now

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Location is everything in the real-estate biz, so it's not entirely surprising that a map changed former developer Donald Trump's mind.
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