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Bosch lays out upbeat plans despite subdued 2024 prospects
Bosch laid out its future roadmap this week during its annual press conference for Q1 2024, despite a subdued forecast …
Leading automotive cloud computing companies for the automotive industry
Automotive cloud computing is gaining traction in several industries including the car manufacturing industry where it is evolving rapidly ever …
Daimler Truck Q1 sales fall
Daimler Truck said it sold 108,911 trucks and buses in the first quarter of 2024, calling the fall "a decrease …
Automotive Transformers and Inductors
From powertrain and engine control to driver safety and comfort, power inductors and transformers play a vital role in a …
Mercedes’ sales dip in Q1 2024
Mercedes-Benz Group sales dipped 6% year on year to 568,400 cars and vans in the first quarter of 2024. Mercedes-Benz Cars …
Daimler Truck launching electric Canter in India
Daimler India Commercial Vehicles (DICV), the wholly-owned subsidiary of Daimler Truck AG on Thursday announced the launch of the all …
Antolin boosts full year EBITDA
Antolin, the Spanish interiors technology supplier, said on Thursday it closed the 2023 financial year with a "significant improvement" in …
Bosch says 2024 will be “another challenging year”
In its Q1 2024 conference this week, Bosch said it forecast stagnating vehicle production and warned of further cost cuts …
Conti Q1 2024 results below market expectations
German automotive supply giant Continental has released its preliminary figures for Q1 2024 - and they disappointed analysts. Revenue and profit …
Renault’s Horse unit begins Power Electronics Box production
Renault Group’s new powertrain tech firm Horse has started making its Power Electronics Box (PEB) in Aviero, Portugal. Created last July, …
Tesla asks shareholders again to approve Musk’s $56 billion package
Tesla has asked its shareholders to reaffirm their approval of CEO Elon Musk’s $56 billion compensation, after it was rejected …
Toyota launches Land Cruiser 250 in Japan
Toyota has added a new 250 model to its Land Cruiser model line in Japan, plus ZX and VX special …
LG completes battery precursor JV plant in Ulsan
Korea Precursor was scheduled within weeks to begin commercial production of precursor materials for electric vehicle (EV) batteries at a …
Auto China 2024: Nio announces lineup
Nio has announced its lineup for Auto China 2024 (the 18th Beijing International Automotive exhibition). The 2024 ET5 and the 2024 …
Volvo Group Q1 revenue flat
Q1 2024 demand "continued to normalise at good levels across many of the Volvo Group's markets," president and CEO Martin …