Automotive industry company news
Vehicle sales ended the first half of CY2015 down 11%, due mostly to a tax rise for Kei-models. Yet not every OEM is suffering. Mazda was up...
Driver assistance systems use a combination of warnings and some degree of active intervention to help steer the driver away from trouble. A...
Big News this week was the incredible confirmation - from NHTSA - of a 5.1m recall of Honda/Acura cars with airbags with Takata inflators. It had been flagged up earlier by the automaker but then came the report that neither supplier or US regulator are quite sure of the safety of up to 3m replacement parts.
The doubters appear to have been proved wrong, if sales of the new XC90 in Sweden are any indication: Volvo's pricey SUV on its own took a full percentage point of the May new car market, even though brand sales were down by four percent.
As those - all three of you - who honour me with your occasional presence on my self-curated 'just-auto' Facebook page may have guessed, when I'm not helping to cover the current cutting edge state of the autobiz, I like to wallow in a rose-tinted backview of the 1960s when British, Australian and Canadian cars dominated my import-restricted former colony, V8s were an attainable aspiration (one could put one in one's Cortina if one so wished), petrol was cheap (diesel for trucks only) and the Holy Grail for a Kiwi Kar Nut was the annual Earls Court show in London.
Analysis-r-us so let's start there this week, shall we?
Vauxhall’s Ellesmere Port plant is currently on tickover and operating at around 65% capacity. But that is about to change, as Martyn Cray, the plant's director, tells Tony Lewis.
Newly-appointed managing director of Scandinavian supplier body, FKG, Fredrik Sidahl, was 25 years with Volvo before working for Saab. In the first of two interviews, he talked to Simon Warburton in his Gothenburg office about the collapse of the iconic Swedish brand and gave some frank views on the government's attempts to save it.
NEVS has issued a short media statement announcing that it has left court administration.
Approval from the District Court of Vanersborg for National Electric Vehicle Sweden's (NEVS) composition proposal, will see 469 of its creditors out of 573 paid in full.
Sweden's District Court of Vänersborg, has approved an extension of National Electric Vehicle Sweden's (NEVS) reorganisation for a further three months to 29 May.
National Electric Vehicle Sweden (NEVS) says it considers it "very likely" it will secure approval for a compensation plan from 60% of creditors and exit the current reorganisation status.
National Electric Vehicle Sweden (NEVS) says around 50 creditors have been called to what it refers to as an "information meeting" today (26 February) in its manufacturing facility at Trollhattan.
National Electric Vehicle Sweden (NEVS) says it could settle debts with 469 of its 573 creditors in a 'composition' arrangement that could see the remainder paid half of what they are owed.
National Electric Vehicle Sweden's (NEVS) new potential owner is embroiled in intense talks with Saab AB surrounding any use of the totemic brand name for future vehicles.
In a move reminiscent of the post-bankruptcy wind down of MG Rover in 2005, Saab’s new owner said it would finish assembling 100 cars that have lain idle on the production line since May, according to media reports from Stockholm.
Orio AB, formerly Saab Automobile Parts AB, said it had signed a contract with Nevs and has acquired all the tools located at suppliers and used for producing original [OEM] spare parts for all existing models.
Scandinavian automotive supplier body, FKG, is welcoming the latest potential for National Electric Vehicle Sweden (NEVS) to secure further investment following the automaker's reorganisation extension announced today (11 December).
National Electric Vehicle Sweden (NEVS) says it has until 2 March to "get things in order" as it secures a latest approval to extend reorganisation.
A decision regarding National Electric Vehicle Sweden's (NEVS) application for a three-month extension to its reorganisation, could come as early as this week.
Spyker, with its Spyker Automobilien subsidiary, says it has filed a voluntary petition for financial restructuring in an effort to address unnamed "certain short-term operational and liquidity challenges."
National Electric Vehicle Sweden (NEVS) says it has applied for a three month extension to its reorganisation amid speculation Indian automaker Mahindra & Mahindra is waiting in the wings with a bid.
Volvo says it is to start a third shift at its Torslanda plant in Western Sweden, creating around 1,300 new jobs.
National Electric Vehicle Sweden (NEVS) says it has slashed its monthly operating budget from SEK200m (US$27.7m) to just SEK35m, as it continues its reorganisation period.
Nevs, which has been attempting to revive Saab car models, said it would lay off up to 200 employees due to lack of work, because "the decision to re-start production will be further delayed".
The District court of Vänersborg, Sweden, on Friday (29 August) approved the application for reorganisation from Saab owner National Electric Vehicle Sweden.
NEVS, which has been attempting to revive Saab, has announced that, while it fully intends to pay creditors, it has nonetheless entered administration so as "to create more time for negotiations" [with potential investors].
NEVS has presented a Saab 9-3 Electric Vehicle designed and produced as part of a prototype series in Trollhättan.
NEVS, the owner of Saab Cars, says it is not insolvent but admits in a 13 August media statement that it "does not have enough cash to pay all outstanding debt".
National Electric Vehicle Sweden says some of its 250 production employees are at home following further struggles with short-term financing.
There's all manner of interesting stuff in this document, which has surfaced on the web. Such as some supposed future models for the brand. And the possibility that Saab will become a contract assembler.
My hotel in Gothenburg's hosting an undertaker's company conference - not something I've ever encountered before - but it is and a cheerful bunch they are too.
Global electric light vehicles market- forecasts to 2018
This QUBE report from just-auto provides a comprehensive overview of the global electrified vehicles sector, major OEM developments, top 14 markets, technology trends and market projections. Use this...
CNG Vehicles Market in Europe 2014-2018
CNG is a natural gas used in automobiles as an alternative to gasoline and diesel. Natural gas is a mixture of hydrocarbons that is found deep within the earth, and primarily consists of methane....
Collision Avoidance System Market by Device, Technology, App
The global market for collision avoidance systems is expected to grow at a CAGR of 7.74% between 2015 and 2020 from USD 31.19 billion in 2014 to USD 50.38 billion by 2020....
- THE WEEK THAT WAS - Scion and Ford workers' chop
- Analysis - Bull market for Lamborghini
- F23 2 Series Convertible & future BMWs
- Yanfeng Automotive Interiors VP Q&A
- Interview with Harman Connected Car division
- New Ford plant for Mexico & Prius rival - report
- Volvo nixes range extenders
- Geneva premieres list - Subaru XV concept debut
- Auto vacancies due to UK skills shortage - report
- VW Group quality chief leaves