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Daimler suggests a good Q1 result - the week

13 April 2017 | Graeme Roberts

'Early doors' - to borrow a phrase from our editor - for me ahead of the Easter break hence an earlier than usual look back at an already shortened week.

Ford charts path for long-term growth - Analysis

21 September 2016 | Dave Leggett

At its recent ‘Investor Day’, Ford’s senior management set out its strategic priorities. The plan is to build on core strengths and grow in emerging opportunities. Dave Leggett describes some highlights and offers an assessment.

Volkswagen counts the cost of 'dieselgate'

31 May 2016 | Ray Hutton

Volkswagen Group pushed expected liabilities from the diesel scandal into the 2015 accounts, so that it can make a new start with a new boss and a new organisation, writes Ray Hutton. However, 2016 is shaping up to be a challenging year for the company.

Nissan-Mitsubishi alliance good news for both

13 May 2016 | Tony Pugliese

Nissan Motor confirmed this week that it has signed an agreement to acquire a 34% stake in Mitsubishi Motors, in a deal worth JPY247bn (US$2.17bn).

Latest interviews

INTERVIEW: CLEPA CEO Jean-Marc Gales - Paris show

2 October 2012 | Simon Warburton

European Automotive Supplier body, CLEPA, continues to power its members' interests in Brussels as well as act as the Continent's arm in negotiations with its Japanese equivalent in JAPIA and American counterparts, OESA. Simon Warburton talked to CLEPA CEO, Jean-Marc Gales at last week's Paris motor show.

INTERVIEW: FKG managing director Fredrik Sidahl

20 March 2012 | Simon Warburton

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.

Latest news

Daimler net profit doubles to EUR2,801m in Q1

26 April 2017 | Dave Leggett

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.

Lear announces record Q1 results

26 April 2017 | Graeme Roberts

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

Hyundai Motor posts 21% fall to profit in Q1

26 April 2017 | Dave Leggett

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.

Mitsubishi Electric to pay CDN$13.4m over bids

26 April 2017 | Graeme Roberts

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.

PSA Group Q1 revenue rises 4.9%

26 April 2017 | Graeme Roberts

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.

NDRC China approves IAC/Shenda joint venture

26 April 2017 | Dave Leggett

A planned IAC joint venture in China has cleared a regulatory hurdle in China.

Dutch oppose PPG's AkzoNobel takeover bid

25 April 2017 | Graeme Roberts

Dutch economic affairs minister Henk Kamp has repeated his opposition to a takeover of paint maker Akzo Nobel, saying he did not care that US rival, the automotive coatings maker PPG Industries, had raised its offer.

UK supplier put in administration

25 April 2017 | Graeme Roberts

A UK automotive pressings supplier, employing around 350 people in Coventry, reportedly has been put into administration.

just-auto Plus only Plastic Omnium sales up 32.8% in Q1 2017

25 April 2017 | just-auto plus Extended News

For the first quarter of 2017, economic sales reported by Compagnie Plastic Omnium amounted to EUR2,039.4m (US$2,220.7m), up 32.8% compared with the first quarter of 2016. Consolidated sales,...

just-auto Plus only Alcoa Q1 2017 revenue up 5% at US$2.7bn

25 April 2017 | just-auto plus Extended News

Alcoa Corporation, a global leader in bauxite, alumina, and aluminium products, on 24 April 2017 reported that first quarter 2017 profits grew sequentially on stronger alumina and aluminium pricing...

just-auto Plus only Wabco Q1 2017 sales up 8.5% at US$747.3m

24 April 2017 | just-auto plus Extended News

Wabco Holdings, a leading global supplier of technologies and services that improve the safety, efficiency and connectivity of commercial vehicles, today reported Q1 2017...

just-auto Plus only Lanxess acquires Chemtura

24 April 2017 | just-auto plus Extended News

Speciality chemicals company Lanxess has successfully completed the acquisition of US company Chemtura, one of the world’s leading suppliers of flame retardant and lubricant additives,...

just-auto Plus only PPG Q1 2017 sales up 1%

21 April 2017 | just-auto plus Extended News

PPG reported first quarter 2017 net sales of about US$3.6bn, up 1% versus the prior year. Net sales in local currencies grew nearly 3% year-over-year, aided by sales volume growth of 2%. The net...

just-auto Plus only Hella to build lighting production plant in Wuqing

21 April 2017 | just-auto plus Extended News

Hella-BHAP Lighting, a Joint Venture between lighting and electronics specialist Hella and Beijing Hainachuan Automotive Parts (BHAP), a subsidiary of the BAIC Group, is further expanding its...

Now BMW announces 'above expectations' Q1 result

20 April 2017 | Graeme Roberts

The BMW Group is the third German automaker to announce 'above expectations' first quarter results after VW and Daimler.

just-auto Plus only Wabco/G7 join over fleet management in China

20 April 2017 | just-auto plus Extended News

Wabco Holdings and G7 on 19 April 2017 announced an agreement to form a joint venture in China to develop and sell advanced fleet management systems for trucks and trailers. Wabco is a leading...

just-auto Plus only Harman expands its connected car business in China

20 April 2017 | just-auto plus Extended News

Harman International, a wholly-owned subsidiary of Samsung focused on connected technologies for automotive, consumer and enterprise markets, has signed new contracts with Great Wall Motors, GAC...

just-auto Plus only Continental/China Unicom establish ITS solution JV

20 April 2017 | just-auto plus Extended News

As one of the leading experts in vehicle systems and the digitisation of mobility, the technology company Continental is setting its course for accelerated growth in new mobility services. Along...

just-auto Plus only Broad-Ocean Motor acquires Prestolite Electric

19 April 2017 | just-auto plus Extended News

Prestolite Electric, is pleased to announce that Zhongshan Broad-Ocean Motor (Broad-Ocean Motor) completed its acquisition of Prestolite Electric, and its subsidiaries on 7 April 2015. Terms of the...

Volkswagen Group reports "significantly higher" Q1

18 April 2017 | Graeme Roberts

The operating result for the Volkswagen Group is "significantly higher than market expectations for the first quarter of 2017", the automaker announced.

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