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Apr
26th

Automakers to meet with U.S. transportation, EPA chiefs

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Major automakers are set to meet with the head of the U.S. Transportation Department and Environmental Protection Agency as the agencies begin a review of federal fuel efficiency rules.
Apr
26th

Takata stock trading suspended after reported bankruptcy filing plan

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Takata stock trading was suspended in Japan after a newspaper report that the embattled auto supplier was considering filing for bankruptcy protection.
Apr
26th

Detroit auto show to open mobility showcase to public

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The North American International Auto Show plans to expand its mobility and technology showcase, Automobili-D, to the public next year with a focus on talent recruitment.
Apr
26th

European ride service Gett buys U.S. rival Juno for $200 million

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European ride service Gett has bought U.S. rival Juno for $200 million in a deal that further consolidated the ride-hailing industry and that some said short-changed Juno drivers.
Apr
26th

Superior Industries Q1 net income falls 79%

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Superior Industries posted a 79 percent plunge in first-quarter net income to $3.1 million, saying it experienced higher costs and lower unit sales in the quarter.
Apr
26th

U.S. auto sales forecast to slip in April as retail demand slumps

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It's becoming increasingly clear that U.S. new-vehicle sales have passed their peak, with April expected to mark the industry's fourth consecutive monthly decline.
Apr
26th

VW’s charging station plan for Calif. faces objections from competitors

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Major automakers and other groups are raising objections to the way VW wants to spend $2 billion on electric vehicle infrastructure and projects, as part of VW's atonement for emissions cheating.
Apr
26th

Tesla offers more sweeteners to try quell unrest at key German supplier

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Tesla has offered more sweeteners to try to quell unrest at German supplier Grohmann Engineering, a maker of automated manufacturing systems which Tesla agreed to buy in November Grohmann is key Tesla's bid to succeed in the mass market by massively...
Apr
26th

Tesla seeks to quell unrest at key German supplier

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Tesla has offered pay rises to try to quell unrest at German supplier Grohmann Engineering, a maker of automated manufacturing systems that Tesla agreed to buy in November.
Apr
26th

VW mulls possible sale of motorbike brand Ducati, report says

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VW Group is considering a possible sale of Italian motorcycle maker Ducati as the automaker seeks to streamline operations to fund an strategic overhaul after its emissions-cheating scandal, Reuters reported.
Apr
26th

ANALYSIS – Nissan future models part 3

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The first of three features examining current and future Nissan brand models took an in-depth look at passenger cars. The second examined crossovers, SUVs and pick-ups. Now, in the final instalment, the focus is on MPVs/minivans, Hybrids, EVs and PHEVs.
Apr
26th

Lear announces record Q1 results

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Lear, the automotive seating and electrical systems supplier, has announced record sales and profits for the first quarter of 2017.
Apr
26th

Sonic swings to Q1 loss on refinancing costs, weak sales

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Sonic swung to a first-quarter loss of $541,000 from a year-earlier net profit of $14.6 million as the dealership group took a hit from refinancing its debt. Weak retail sales didn't help.
Apr
26th

Lear posts 23% boost in Q1 net income

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Seating and electronics supplier Lear reported a 23 percent leap in 2017 first-quarter net income and stronger profit margins.
Apr
26th

White House unveils opening bid for ‘biggest tax cut’

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The White House made its opening bid for what officials called the 'biggest tax cut' in U.S. history -- with cuts that would benefit businesses, the middle class and certain high-earning individuals.
Apr
26th

Goodwood Festival of Speed 2017: preview

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Goodwood Festival of Speed 1
News 26 Apr, 2017

The Goodwood FoS is on the horizon once more. Here’s what to expect from the 2017 show

Apr
26th

Penske Automotive’s Q1 net rises 3.5% on acquisitions, U.K.

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Penske Automotive's first-quarter net income rose 3.5 percent from a year earlier, as acquisitions and strong sales at its U.K. dealerships pushed revenue to a record for the quarter.
Apr
26th

Mitsubishi Motors Thailand’s largest vehicle exporter in fiscal 2016/7

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Mitsubishi Motors claimed to have outpaced other large international car makers to become the top automotive exporter in Thailand - for the first time - with export volume of 309,915 units for the fiscal year to 31 March, 2017.
Apr
26th

Hyundai Motor posts 21% fall to profit in Q1

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Hyundai Motor has posted a 21% year-on-year decline to net profit in the first quarter of the year as it was hit by slower sales in China.
Apr
26th

‘The Chinese brand that could bring real change’

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Opinion - Lynk & Co
Opinion 26 Apr, 2017

Editor-in-chief Steve Fowler is excited about the future of Lynk & Co and is looking forward to seeing the Chinese brand in the UK

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