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Infineon CEO bullish
Infineon Technologies CEO Jochen Hanebeck has said the company was seeing “very strong momentum” in China’s automotive industry and expected …
Lucid loss wider than expected
Lucid has revealed a wider than expected loss as it contends with production challenges and uneven demand for high end …
Australia sees record April sales
New vehicle sales in Australia set records both for April and year to date results. A total of 97,202 vehicles was …
Cell Impact inks agreement with Japan’s FCC
Cell Impact has entered into a main agreement with Japanese auto supplier FCC which governs the continued collaboration between the …
BW raises profit outlook
Auto parts supplier BorgWarner has raised its full year adjusted profit outlook aided by sustained demand for its exhausts, turbos …
BMW’s robot dog SpOTTO put to work
A robot dog called SpOTTO has clocked in for shifts with the team at BMW Group Plant in Hams Hall, …
UK car market edges up in April, but private demand slumps
UK new car registrations grew for the 21st consecutive month in April, rising by a modest 1.0% to reach 134,274 …
Toyota begins vehicle assembly in Cambodia
Toyota Motor has begun operations at its newly built assembly plant in Cambodia to consolidate its position in one of …
Taiwan sales fall 3% in April
Taiwan’s new vehicle market fell 3% year on year to 37,038 units in April 2024 from 38,231 units a year …
Hankook to take control of Hanan Systems
Hankook & Company, the holding company of South Korea’s largest tyre manufacturer Hankook Tire and Technology, has reached a preliminary …
Innoviz: For BMW, Level 3 autonomy is here
The BMW 7 Series comes equipped with Level 3 tech that means drivers can remove their hands from the wheel …
New Volkswagen Tiguan – class leader?
The UK market leader looks set to gain ever more momentum with the addition of this new family-sized SUV. Going …
Battery testing, Stellantis pivot, Afeela details – the week
Battery testing can be a costly and time consuming process that results in many failed prototypes and wasted materials. What …
Houlihan Lokey and Lazard top M&A financial advisers in automotive
Houlihan Lokey and Lazard were the top mergers and acquisitions (M&A) financial advisers in the automotive sector during the first quarter (Q1) of …
Kia Charge surpasses 100,000 subscribers
Kia Charge, the umbrella for all charging activities for Kia Europe, has said it has exceeded 100,000 subscriptions, after just …