banner The latest auto news, reviews, prices, product and vehicle releases. Auto News 5

Stay connected Subscribe to our RSS feed

Do not miss the latest Auto News !

Apr
26th

Mitsubishi Electric to pay CDN$13.4m for rigging bids for car parts

Stay connected Subscribe to our RSS feed
Car parts manufacturer Mitsubishi Electric Corporation has pleaded guilty in Canada to three counts of bid-rigging for participating in an international conspiracy and was fined CDN$13.4m by the Ontario Superior Court of Justice.
Apr
26th

Fiat Chrysler Q3 profit rises on Europe rebound, Maserati surge

Stay connected Subscribe to our RSS feed
Fiat Chrysler earnings rose 11 percent in the first quarter as the automaker shifted to building more profitable SUVs. In Europe, profit at the group's once-struggling operations almost doubled to 178 million euros.
Apr
26th

Fiat Chrysler Q1 profit rises on Europe rebound, Maserati surge

Stay connected Subscribe to our RSS feed
Fiat Chrysler earnings rose 11 percent in the first quarter as the automaker shifted to building more profitable SUVs. In Europe, profit at the group's once-struggling operations almost doubled to 178 million euros.
Apr
26th

Fiat Chrysler Q1 profit increases on Europe rebound, Maserati surge

Stay connected Subscribe to our RSS feed
Fiat Chrysler earnings rose 11 percent in the first quarter as the automaker shifted to building more profitable SUVs. In Europe, profit at the group's once-struggling operations almost doubled to 178 million euros.
Apr
26th

Canadian supplier Linamar at center of Trump-NAFTA clash

Stay connected Subscribe to our RSS feed
Going global has paid off handsomely for Linamar. Enter Donald Trump. The U.S. president's election is the latest in a string of populist, anti-globalization events. Linamar CEO Linda Hasenfratz is undaunted.
Apr
26th

Oil powerhouse Total predicts a boom in EV sales

Stay connected Subscribe to our RSS feed
Electric cars are coming fast -- and that's not just the opinion of carmakers anymore. Total, one of the world's biggest oil producers, is now saying EVs may constitute almost a third of new-car sales by the end of the next decade.
Apr
26th

Grammer sees way clear to getting new strategic partner in China’s Ningbo

Stay connected Subscribe to our RSS feed
German supplier Grammer said a court had lifted the enforcement of a temporary injunction on the exercise of a convertible bond, allowing it to issue shares to strategic partner China's Ningbo Jifeng.
Apr
26th

GM investors will ‘vote with their wallets,’ says Greenlight Capital

Stay connected Subscribe to our RSS feed
Greenlight Capital, which has been pressuring General Motors to restructure its share class, said it believed the automaker's shareholders will vote in their best financial interests and support the hedge fund's two-class stock proposal and nominees...
Apr
26th

Automakers ask California to ease rules for self-driving car tests

Stay connected Subscribe to our RSS feed
Automakers urged California to further ease its proposed regulations for autonomous vehicles, saying the state did not respond to their earlier objections by making enough revisions to its planned set of rules for self-driving cars.
Apr
26th

PSA Group Q1 revenue rises 4.9%

Stay connected Subscribe to our RSS feed
Citroen and Peugeot maker PSA Group booked first quarter 2017 revenue of EUR13,629m, of which EUR9,018m was raised by the automotive division and EUR5,092m by supplier Faurecia.
Apr
26th

China aims to become global EV hub

Stay connected Subscribe to our RSS feed
China is aiming to become a world auto-making powerhouse in a decade, with Beijing aiming to boost development and output of new energy vehicles (NEVs) and also relax restrictions on foreign ownership.
Apr
26th

Mobileye/Nissan join over crowdsourced mapping

Stay connected Subscribe to our RSS feed
Mobileye announced that it has entered into an agreement with Nissan Motor to generate anonymised, crowd-sourced data to create next-generation precision maps utilising Mobileye's Road Experience Management (REM) data generation technology.
Apr
26th

Honda Alabama plant begins 2018 Odyssey production

Stay connected Subscribe to our RSS feed
Around 1,500 workers at Honda Manufacturing of Alabama (HMA) have celebrated the start of mass production of the redesigned 2018 Odyssey minivan, on sale later this spring.
Apr
26th

BorgWarner supplies timing chain for GAC’s Trumpchi GS4 SUV

Stay connected Subscribe to our RSS feed
BorgWarner said it was supplying engine timing chain drive systems for Guangzhou Automobile Group Motor (GAC Motor)'s Trumpchi brand's GS4 SUV turbocharged 1.5-litre petrol engine.
Apr
26th

Tesla dinged by Consumer Reports for not implementing safety feature

Stay connected Subscribe to our RSS feed
Tesla vehicles have dropped in Consumer Reports' ratings because the automaker failed to implement a safety feature that was expected to come standard.
Apr
26th

Daimler net profit doubles to EUR2,801m in Q1

Stay connected Subscribe to our RSS feed
Daimler has posted upbeat results for the first quarter of the year that show net profit doubled on the back of record sales and revenues. The company also raised its guidance for full-year financial results.
Apr
26th

KBB sees April off 3%, 2017 first down year in US since 2009

Stay connected Subscribe to our RSS feed
New vehicle sales in the US are expected to decrease 3% year on year to 1.45m units in April 2017, resulting in an estimated 17.1m seasonally adjusted annual rate (SAAR), according to Kelley Blue Book (KBB).
Apr
26th

Thai sales jump 17% in March

Stay connected Subscribe to our RSS feed
Thailand's new vehicle market continued to rebound strongly in March, with sales rising by 16.7% to 84,801 units from weak year earlier sales of 72,646 units, according to data released by the Federation of Thai Industries.
Apr
26th

BMW uses fear factor to rally staff in move to EVs

Stay connected Subscribe to our RSS feed
BMW has started putting staff through day-long events in Germany intended to warn them of the perils of not taking the electric-car revolution seriously.
Apr
26th

BMW M550d xDrive revealed – pictures

Stay connected Subscribe to our RSS feed
With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up van, insurance you can rely on is a must.
Hosted by CifTech Hosting.