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07 Dec 2021

Stellantis and Foxconn form chip JV

Stellantis and Hon Hai Technology Group, (Foxconn) have signed a non-binding memorandum of understanding to create a partnership to design a family of purpose-built semiconductors for the automaker and third-party…

07 Dec 2021

Stellantis outlines software driven revenue plans

Stellantis announced a software strategy "to deploy next-generation tech platforms, building on existing connected vehicle capabilities to transform how customers interact with their vehicles" and to generate EUR20bn in incremental…

07 Dec 2021

Novares opens test centre in Lens

Novares has opened a test centre in Lens, France, housing a new vibration shaker system for measuring premature wear and tear on vehicle parts. As Novares aims to measure vibration…

07 Dec 2021

Renault to axe 300 fewer posts by 2024

Renault says it will reduce the number of job cuts by more than 300 by 2024 as voluntary departure uptake has increased. In September this year, the automaker announced plans…

07 Dec 2021

Japan sales fall 14% in November

Japan’s new vehicle market fell by over 14% to 352,455 units in November 2021 from 411,601 units a year earlier, according to registration data released by the Japan Automobile Manufacturers…

07 Dec 2021

Intel intends to take Mobileye public in US

Intel says it intends to take Mobileye public in the US in mid-2022, via an initial public offering of newly issued Mobileye stock. The move will create a separate, publicly…

06 Dec 2021

New Zealand sales set November records

Sales of new vehicles rose 37.3% year on year to 16,327 units. It was the strongest month of November on record for passenger and commercial vehicles. Year to date registrations…

06 Dec 2021

Toyota Texas starts new Tundra production

Production of the redesigned 2022 Tundra has begun at Toyota Motor Manufacturing, Texas (TMMTX). The new range, including a hybrid, is the truck’s first major model change since the then…

06 Dec 2021

Marelli poaches new chief from Nexteer

Marelli has named David Fan EVP and president of China, effective from 1 January 2022. Fan has a 25 year career in the auto industry. He joins Marelli from Nexteer…

06 Dec 2021

Commercial vehicle sales shine in the UK

Unlike the car market, the UK light commercial vehicle (LCV) market recorded the best November in its history in 2021 with 31,320 new vans registered according to the Society of…