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04 Aug 2021

Honda seat factory equipment up for grabs

Assets owned by car seat manufacturer, TS Tech in Swindon which once supplied the now-closed Honda car assembly factory, are up for sale. Gordon Brothers, a global advisory, restructuring and…

04 Aug 2021

Cloud in Automotive: Deal trends Q1 2019 to Q1 2021

Are you considering the relevance of Cloud to your business?GlobalData’s report can help you understand the bigger picture by analyzing Cloud-related filing trends across the Automotive sector in 2021. Uncover…

04 Aug 2021

Monterey Week world debuts

Acura The show, which takes place in California, will this year see the final edition of the Acura NSX revealed, Honda having just announced that production will cease in December…

04 Aug 2021

Volta Charging to expand into EU

Volta Charging is to expand operations into the European Union (EU) with the opening of an office in Germany. Volta Charging builds and operates a nationwide US EV charging network, with…

04 Aug 2021

Toyota posts record quarterly profit

Toyota has posted record quarterly profit for the quarter ended 30th June, amid recovering demand in its major markets. However, kept its guidance on the outlook for the year unchanged…

04 Aug 2021

Taiwan sales fall further in July

Taiwan’s new vehicle market continued to fall in July 2021, by over 13% to 38,064 units from 43,939 units a year earlier, according to registration data compiled by Taiwan’s Directorate…

04 Aug 2021

CATL builds EV accumulator facility in Germany.

Contemporary Amperex Technology (CATL) is building an accumulator production facility for electric vehicles in Arnstadt, Thuringia, Germany. General contractor, Exyte Central Europe, has commissioned Caverion to design and install ventilation technology…

04 Aug 2021

Infineon Q3 revenue up EUR22m to EUR2.72bn

Infineon has posted third-quarter revenue up EUR22m (US$26m) to EUR2.72bn and is forecasting full fiscal year revenue of around EUR11bn. “Demand for semiconductors is unbroken, as they play a key…

03 Aug 2021

South Korean sales fall in July

Domestic sales by South Korea’s five main automakers combined dropped by over 24% to 123,512 units in July 2021 from 144,422m units a year earlier, according to preliminary data released…

03 Aug 2021

Mercedes-Benz ups cooperation with Grob

Mercedes-Benz is intensifying its cooperation with Grob in manufacturing technology, expanding production capacity and know-how for next-generation batteries. Mercedes-Benz’s global battery production network will include nine battery factories on three…

03 Aug 2021

Volta Charging eyes expansion into EU

Volta Industries, which operates as Volta Charging, said it would expand EV charging operations into the European Union with the opening of an office in Germany. It claim to operate…

03 Aug 2021

Chengdu motor show world debuts

The Haval XY concept premiered at Auto Shanghai a few months back and now comes the production model (pictured). The public premiere is set to take place at the Chengdu…