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Valeo and ICAP finalise agreement for Ferentino site
Valeo and ICAP Group, owner of Tecnobus, have signed a closing agreement to prepare the future of Valeo’s site in …
Xpeng signs deal with Australian distributor
Xpeng said this week it had signed an agreement with Australian distributor TrueEV, as the Chinese battery electric vehicle (BEV) …
Japan sales fall 11% in April
Japan’s new vehicle market declined by a further 11% to 310,346 units in April 2024 from 349,592 units a year …
Samsung halts self driving research
Samsung Electronics has discontinued its research and development (R&D) into autonomous driving, according to South Korean reports, following the lead …
M&A in automotive in Canada remained flat in Q1 2024
In the Canadian automotive industry, there were 6 M&A deals announced in Q1 2024, worth a total value of $300m, …
M&A in automotive in Canada remained flat in Q1 2024
In the Canadian automotive industry, there were 6 M&A deals announced in Q1 2024, worth a total value of $300m, …
M&A in automotive in France increased in Q1 2024
In the French automotive industry, there were 3 M&A deals announced in Q1 2024, worth a total value of $405.5m, …
Q1 2024 update: digitalization related M&A activity in the automotive industry
Analysis of the key themes driving M&A activity reveals that digitalization accounted for 4 automotive deals announced in Q1 2024, …
Brembo Q1 profit rises
Italian premium brake maker Brembo has posted an 8.5% yearly increase in first quarter operating profit as revenues grew to …
Ferrari Q1 core earnings rise
Ferrari core earnings rose 13% in the first quarter helped by sales of models such as the EUR2m (US$2.2m) Daytona …
Delphi’s 500 bar GDi and Changan Auto
A specialist in premium fuel systems, aftermarket parts and electrical systems, Delphi – a brand of PHINIA Inc - has …
Higher manufacturing costs affect BMW Q1
BMW Group first quarter 2024 revenues dipped 0.6% year on year to EUR36,614m on higher sales volume and a more …
In data: India market slows, but rebound expected
The Indian automotive market experienced a robust start to the year, but this momentum slowed in March, with a notable …
Hyundai Mobis to build BEV parts plant in Ulsan
South Korean automotive components manufacturer Hyundai Mobis has agreed to invest US$90bn (US66m) to build a plant in the south …
Nio partners with BYD to take on Tesla – report
Reuters reports that Nio has made a deal with BYD to source batteries for an EV brand called “Onvo” in …