For some time, manufacturers have been pushing back the technical boundaries of batteries used for hybrid electric vehicles. Matthew Beecham asks executives of three leading advanced battery makers — Western Lithium Corp, A123 Systems and SB LiMotive …
Read moreMazda is studying various options for its unprofitable U.S. plant operated jointly with longtime partner Ford, CFO Kiyoshi Ozaki said today. Japan’s second-largest automotive exporter will announce plans for the Flat Rock, Mich.
Read moreAudi and Voith have signed a letter of intent to develop fibre-reinforced materials, made with a highly automated process, for high volume automotive production.
Read moreTRW Automotive Holdings posted net income for the fifth consecutive quarter, driven by improved global vehicle production and ongoing cost reductions.
Read moreAnalysts at JD Power are maintaining that the global automotive outlook for 2011 appears positive as the mature vehicle markets recover and emerging markets continue to expand.
Read moreTRW Automotive Holdings, which specialises in auto safety systems, booked full year 2010 net profit of US$834m on sales up 24% year on year to $14.4bn.
Read morePenske Automotive Group is again prowling for acquisitions, but it’s unlikely to return to the torrid pace of 2007 when it added $1.5 billion in revenues through store purchases.
Read moreTRW Automotive Holdings’ president and CEO John Plant is now chairman as well. He has been on the board since 2003.
Read moreAJAC (the Automobile Journalists Association of Canada) and CAA (the Canadian Automobile Association) are pleased to announce they have formed a partnership that will provide Canadian consumers with better access to factual, ethical and honest information on automotive topics that matter to them.
Read moreJohn Plant, president and CEO of TRW Automotive, has been named chairman of the board, the steering, braking and safety systems supplier announced today.
Read moreNew vehicle sales in Vietnam increased by 48% to 10,424 units in January, compared with a very depressed 7,043 units a year earlier, according to the Vietnam Automotive Manufacturers Association.
Read moreBMW Chinese JV partner Brilliance China Automotive Holdings has told shareholders it expects to book a net profit for full year 2010 after a net loss in 2009.
Read moreThe European Union (EU) has seen its hopes dashed that safe substitute materials would be developed to allow the phasing out of potentially hazardous metals in automotive materials and parts.
Read morePenske Automotive, the second-largest U.S. dealership group, said fourth-quarter profit rose 53 percent as rising sales of luxury vehicles made up for losses at the Smart microcar brand. Net income climbed to $28.5 million.
Read moreShanghai Automotive’s MG brand launches its new MG6 models here in the UK in May but it will over a year before the vehicles reach other European countries, after diesel engines become available.
Read moreLast week we learned that De Tomaso was making its automotive comeback with the SLC concept to be presented at the upcoming Geneva Motor Show.
Read moreMercedes-Benz is to take over distributing the Smart brand from Penske Automotive Group in a move that appears to have been prompted by corporate model range average fuel economy rules.
Read moreMercedes-Benz has agreed to take over Smart car distribution in the United States from Penske Automotive Group, the companies said Monday.
Read moreMercedes-Benz has agreed to take over Smart car distribution in the United States from Penske Automotive Group, the companies announced today.
Read moreMercedes-Benz has agreed to take over Smart car distribution in the United States from Penske Automotive Group. Penske launched the European microcar brand, which is owned by Mercedes’ parent, Daimler AG, as an independent distributor in 2008.
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