Latest automotive news
Comprehensive coverage of the automotive industry's latest, breaking news brought to you by just-auto's leading network of international journalists.
The UK car manufacturing sector has posted its best half-year performance since 2000, with 897,157 cars produced – up 13.0% on 2015. However...
Ford Motor Company booked net income down US$190m to $2bn and an adjusted pre-tax profit off $293m on sales up $2.2bn to $39.5bn in the seco...
Belgian unions claim 1,500 people still remain unemployed 18 months after Ford closed its plant in Genk with the loss of 5,500 jobs....
Reliable sources close to Iranian producer, Saipa, say it is not surprising Tehran is mulling a localisation rate of 80% following several o...
The UK car manufacturing sector has posted its best half-year performance since 2000, with 897,157 cars produced – up 13.0% on 2015. However, the UK’s automotive trade association, the SMMT, voiced concern over the outlook following the recent Brexit vote.
Ford Motor Company booked net income down US$190m to $2bn and an adjusted pre-tax profit off $293m on sales up $2.2bn to $39.5bn in the second quarter of 2016.
Belgian unions claim 1,500 people still remain unemployed 18 months after Ford closed its plant in Genk with the loss of 5,500 jobs.
Daimler's Mercedes-Benz Vans has broekn ground its new Sprinter plant to supply North America.
An SMMT survey of the UK automotive sector has found widespread concern that its future trading relationship with the EU could impose higher costs following the UK’s exit from the EU.
New vehicle sales in the United States in July are expected to decrease 1% year on year to 1.5m units in July 2016, resulting in an estimated 17.5m seasonally adjusted annual rate (SAAR), according to Kelley Blue Book.
Suzuki Motor Corporation subsidiary Maruti Suzuki India has entered India's light commercial vehicle (LCV) segment for the first time with the Super Carry compact truck.
Volkswagen Group deliveries last June rose 5.1% year on year 883,400 vehicles. First half deliveries were up 1.5% to 5.12m.
Renault has posted Group operating profit rising 41% to EUR1.54bn (US$1.71bn), with net income rising from EUR1.45bn to EUR1.56bn.
Reliable sources close to Iranian producer, Saipa, say it is not surprising Tehran is mulling a localisation rate of 80% following several overseas evaluations of the quality of domestic components
Nissan has posted a 10.7% decline to net income for the last quarter as it was hit by a stronger yen and slower sales at home.
PSA Groupe has posted half year net income doubling to EUR1.2bn (US$1.32bn), although Group revenue fell marginally from EUR28m to EUR27.8m.
Fiat Chrysler Automobiles on Wednesday (27 July 2016) reported second quarter adjusted EBIT up 16% year on year to EUR1.6bn.
Mitsubishi Motors Corporation (MMC) first fiscal 2016/2017 operating profit plunged 75% year on year to JPY4.6bn after the halt in production and sales following revelations of improper conduct in fuel economy testing in Japan. Sales fell 14% to JPY428.7bn.
Tesla is reportedly dropping Mobileye, a supplier to its Autopilot partial self-driving system, in the wake of an accident that killed a Tesla driver in May.
More details have emerged of the ending of the long-standing joint venture between General Motors (GM) and Isuzu Motor to co-develop largely Asian-made pick-up trucks, according to reports in Japan citing Isuzu company sources.
China’s BYD has confirmed Samsung Electronics had completed the acquisition of a 1.92% stake in the electric vehicle manufacturer for CNY3bn (US$450m).
The Thai new vehicle market continued to recover in June, with sales rising by 5.8% to 63,808 units compared with 60,325 units in the same month of last year, based on data gathered by the Federation of Thai Industries (FTI).
Toyota Australia has revised its diesel-powered HiAce range to improve fuel economy in the city while meeting stricter Euro 5 emissions standards.
Mobileye has recorded second quarter net income up 75% to US£27m, from US$15.3m in the same period last year.
- Auto business confidence hit but holding up
- New Astra Sports Tourer & future Opel/Vauxhalls
- Recalls redux - the week that was
- Brexit could lift UK auto production – Asian view
- FCA realigns its global manufacturing footprint
- General Motors re-thinks India strategy - report
- Tesla drops Mobileye in wake of Autopilot issue
- Mixed reaction to Tesla's latest plans
- Ford rolls out MY2017 smartphone integration
- Nissan Kicks making world debut in Olympics Brazil