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May
2nd

UK-EU Brexit discord to be expected – COMMENT

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The UK's exit from the European Union (so-called 'Brexit') is going to be a drawn out and complex business.
May
2nd

Bosch to sell starters, generators unit to Chinese partnership

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Bosch will sell its starters and generators business to Zhengzhou Coal Mining Machinery Group private equity firm China Renaissance Capital Investment for $595 million.
May
2nd

Toyota Boshoku/Tachi-S set up business partnership

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Toyota Boshoku Corporation and Tachi-S have struck a business partnership contract to reinforce their respective competitiveness in the global automobile seat market.
May
2nd

Goodyear posts US$3.7bn sales in Q1

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Goodyear has reported results for the first quarter of 2017 and presented a flat picture.
May
2nd

Continental shows 48-volt hybrid diesel concept in Vienna

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Continental, at the International Vienna Motor Symposium has shown a "super clean" 48 volt hybrid diesel vehicle, which meets stringent RDE (real driving emissions) limits on CO2 and NOx. The first vehicle using this technology has already gone into production in Europe and a second will follow later this year.
May
2nd

Yanfeng secures EUR800,000 Slovak incentive to open Technical Centre

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Yanfeng Automotive Interiors (YFAI) has unveiled its new test lab at the company's Trencín Technical Centre in Slovakia after benefiting from EUR802,000 (US$875,000) in government grants.
May
2nd

BorgWarner supplies 48-volt eBooster for new Daimler petrol engine

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BorgWarner is supplying its 48-volt eBooster electrically driven compressor for Daimler's new three-litre petrol engine.
May
2nd

Autoliv Q1 2017 sales up 4%

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Autoliv reported record consolidated sales of US$2,608m, a growth of 4.4%, for the quarter ended 31 March 2017.
May
2nd

Smart boss aims for new sales records even without adding crossover

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Smart expects to boost sales again in the future after they grew 21 percent in 2016, despite the lack of a crossover in the brand's lineup.
May
2nd

Renault CEO Carlos Ghosn takes aim at even tougher sales, profit targets

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Carlos Ghosn will outline new profitability and sales goals when he presents Renault's latest business plan this autumn. Challenges include deepening Renault's alliance with Nissan and Mitsubishi and fixing the company's AvtoVAZ Russian unit.
May
2nd

Tesla tunnels: Elon Musk’s ‘The Boring Company’ plans roads under cities

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The Boring Company tesla
News 2 May, 2017

Tesla boss Elon Musk reveals details of separate company that will attempt to bore tunnels under major cities to alleviate traffic problems

May
2nd

Volvo S60 and V60 Business Edition Lux launched

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News 2 May, 2017

Volvo upgrades fleet-friendly S60 and V60 trim level with extra kit, priced from £24,545

May
2nd

Japanese overseas vehicle output up 6% in fiscal 2016/7

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Japanese light vehicle manufacturers produced a combined 19,115,573 vehicles overseas in the last fiscal year ending 31 March 2017 - a 5.8% increase year on year, according to reports in Japan citing industry sources.
May
2nd

Renault, PSA suffer as French sales fall 6% in April

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French registrations fell 6 percent in April on two fewer selling days. Domestic automakers Renault and PSA saw sales fall while VW Group's volume rose as its Seat and Skoda brands showed strong growth.
May
2nd

Renault, PSA suffer as French sales decline 6%

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French registrations fell 6 percent in April on two fewer selling days. Domestic automakers Renault and PSA saw sales fall while VW Group's volume rose as its Seat and Skoda brands showed strong growth.
May
2nd

Car finance market faces a potential mis-selling scandal

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How to negotiate the price of a new car - Toyota Aygo forecourt
News 2 May, 2017

Concerns over car buyers pressured into deals they may not be able to afford prompts investigation into car industry practices

May
2nd

Volvo halves development time with help of new simulator

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It took Volvo seven years from the time it started development on its scalable product architecture until the first SPA models reached the market in 2015.
May
1st

Lithia buys Baierl Auto Group, enters Pittsburgh market

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Lithia Motors acquired Baierl Auto Group in Pittsburgh, giving the Oregon dealership group its first retail foothold in Pennsylvania.
May
1st

Tornado wipes out Texas auto dealership

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A Chrysler Dodge Jeep Ram dealership in Canton, Texas, was swept away Saturday night during a tornado, reported the NBC affiliate television station in Dallas-Fort Worth.
May
1st

GM opens restored Durant-Dort Factory One in Michigan

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General Motors said it opened the Durant-Dort Factory One in Flint, Mich., after four years of restorations.
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