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BMW Group, LMH and Share Now to promote innovative mobility in Munich

5 September 2019 | just-auto plus Extended News

BMW Group, LMH and Share Now to promote innovative mobility in Munich just-auto plus Extended News The Department of Health and Environment of the City of Munich (LHM), the BMW Group and carsharing p... read more


Daimler and partners to start Europe-wide cooperation project

4 June 2019 | just-auto plus Extended News

Daimler and partners to start Europe-wide cooperation project just-auto plus Extended News Working together for more safety in road traffic: In cooperation with HERE Technologies, Tom Tom and the tra... read more


EVgo/Maven to build dedicated fast charging network in the US

13 April 2018 | just-auto plus Extended News

EVgo/Maven to build dedicated fast charging network in the US just-auto plus Extended News EVgo, the nation's largest network of public electric vehicle (EV) DC Fast charging stations, announced ... read more


HERE/Pioneer announces capital alliance

20 September 2017 | just-auto plus Extended News

HERE/Pioneer announces capital alliance just-auto plus Extended News HERE Technologies (“HERE”) and Pioneer Corporation (“Pioneer”) announced a capital alliance that will resu... read more


VW led L3Pilot research project launched in Germany

15 September 2017 | Richard Jackson

VW led L3Pilot research project launched in Germany Richard Jackson A broadly based European research consortium under the management of the Volkswagen Group is analysing the opportunities for using ... read more


Intel acquiring 15% ownership stake in HERE

4 January 2017 | just-auto plus Extended News

Intel acquiring 15% ownership stake in HERE just-auto plus Extended News Intel has agreed to purchase a 15% ownership stake in HERE, a global provider of digital maps and location-based services, fro... read more


GERMANY: Audi, BMW, Daimler buying Nokia's Here maps business

3 August 2015 | Graeme Roberts

GERMANY: Audi, BMW, Daimler buying Nokia's Here maps business Graeme Roberts Audi, BMW Group and Daimler have agreed to buy Nokia Corporation's mapping and location services business Here. "The ac... read more


GERMANY: Porsche eyes 200,000+ 2015 sales

8 January 2015 | Graeme Roberts

GERMANY: Porsche eyes 200,000+ 2015 sales Graeme Roberts Porsche reportedly expects to increase sales to 200,000 cars or more this year, hitting a long-planned target three years early, after posting... read more


US: Under new Ford CEO, new life beckons for famous Lincoln brand

27 October 2014 | Graeme Roberts

US: Under new Ford CEO, new life beckons for famous Lincoln brand Graeme Roberts Ford's new chief executive, Mark Fields, reportedly is giving the Lincoln brand a little love and a lot of cash. Ac... read more


GERMANY: Record Q2 sales give BMW big profits and margins

5 August 2014 | Graeme Roberts

GERMANY: Record Q2 sales give BMW big profits and margins Graeme Roberts Despite record vehicle sales in the second quarter of 2014, adverse exhange rates held back a rise in BMW Group revenues to ju... read more


GERMANY: BMW to cut labour cost - paper

3 June 2014 | Chris Wright

GERMANY: BMW to cut labour cost - paper Chris Wright BMW is planning to slash EUR100m (US$136m) of German labour costs annually from 2015 onwards, according to the Muenchner Merkur newspaper. Wo... read more


US: Toyota most valuable auto brand

21 May 2014 | Graeme Roberts

US: Toyota most valuable auto brand Graeme Roberts Toyota is the world's most valuable automotive brand, according to a new survey by Millward Brown which ranked the automaker 26th overall. The to... read more


GERMANY: BMW forecasts record sales and profit for 2014

6 May 2014 | Tony Lewis

GERMANY: BMW forecasts record sales and profit for 2014 Tony Lewis BMW reported Q1 revenues up by 3.9% to EUR18.2bn from EUR17.54bn in the same period last year and forecast group sales this year wou... read more


INDIA: Currency affects 'underperforming' Hyundai in 2013 - analyst

24 January 2014 | Graeme Roberts

INDIA: Currency affects 'underperforming' Hyundai in 2013 - analyst Graeme Roberts Hyundai’s full-year revenue growth "underperformed significantly when seen alongside the volume growth of 7.3%... read more


FRANKFURT: Daimler sees Mercedes margin boost

11 September 2013 | Graeme Roberts

FRANKFURT: Daimler sees Mercedes margin boost Graeme Roberts Daimler expects profit margin at its Mercedes-Benz luxury car business to improve further next year thanks to a rejuvenated model range, i... read more


US: Tesla posts first ever quarterly profit

9 May 2013 | Dave Leggett

US: Tesla posts first ever quarterly profit Dave Leggett US-based electric car maker Tesla Motors has posted its first ever quarterly profit in the first quarter as it also said it exceeded its targe... read more


GERMANY: Daimler lowers earnings forecast as Q1 profits slump

24 April 2013 | Dave Leggett

GERMANY: Daimler lowers earnings forecast as Q1 profits slump Dave Leggett Daimler has said it now expects earnings to fall this year, following a 60% slump in first quarter profits and a 3% decline ... read more


ITALY: Fiat CEO keen for Chrysler buyout - report

31 January 2013 | Graeme Roberts

ITALY: Fiat CEO keen for Chrysler buyout - report Graeme Roberts Fiat chief executive Sergio Marchionne has said the automaker would like to see the minority holder of affiliate Chrysler Group - the&... read more


AN CONGRESS: Confident contract assembler GAZ eyes 10% EBIT hike

17 January 2013 | Simon Warburton

AN CONGRESS: Confident contract assembler GAZ eyes 10% EBIT hike Simon Warburton Renewed confidence at GAZ Group sees the Russian automaker predicting a 10% hike in EBIT (earnings before interest and... read more


UK: Two bidders competing for Aston Martin stake - reports

26 November 2012 | Dave Leggett

UK: Two bidders competing for Aston Martin stake - reports Dave Leggett Mahindra & Mahindra (M&M) and Investindustrial, a European private-equity fund based in Switzerland, are reportedly bid... read more


FRANCE: Old world gloom forces Faurecia to axe 1,500 jobs but Russia/North America bright

12 November 2012 | Simon Warburton

FRANCE: Old world gloom forces Faurecia to axe 1,500 jobs but Russia/North America bright Simon Warburton Faurecia says restructuring costs in Western Europe will total EUR190m (US$242m) by the end o... read more


CANADA: Magna adds to pump capability with $400m deal

2 October 2012 | Tony Lewis

CANADA: Magna adds to pump capability with $400m deal Tony Lewis Magna International has expanded its engine and transmission pump business with the acquisition of Germany's Ixetic Verwaltungs, a man... read more


CANADA: Magna International sales and profits up

10 August 2012 | Graeme Roberts

CANADA: Magna International sales and profits up Graeme Roberts Aurora, Ontario-based global supplier and contract assembler Magna International on Friday (10 August) said second quarter 2012 op... read more


FRANCE: Faurecia points beyond Europe in H1 results

24 July 2012 | Simon Warburton

FRANCE: Faurecia points beyond Europe in H1 results Simon Warburton French supplier, Faurecia, is insisting its performance outside Europe is evidence of solid growth, although concedes the Continent... read more


JAPAN: Isuzu heads for GM talks

22 May 2012 | Graeme Roberts

JAPAN: Isuzu heads for GM talks Graeme Roberts General Motors and Isuzu Motors will soon start negotiating a capital and business tie-up deal focused on joint commercial vehicle projects in Asia and ... read more


JAPAN: Nissan Q4 profit jumps 33%

11 May 2012 | Chris Wright

JAPAN: Nissan Q4 profit jumps 33% Chris Wright Nissan’s profit jumped 33% year on year in the last quarter of its fiscal year to 31 March, 2012 and the carmaker predicted a 28% rise for the yea... read more


CANADA: Westport’s Q1 net loss rises 57% to US$22.6 million

8 May 2012 | just-auto plus Extended News

CANADA: Westport’s Q1 net loss rises 57% to US$22.6 million just-auto plus Extended News Westport Innovations reported financial results for the first quarter ended 31 March 2012 and provided an upda... read more


GERMANY: BMW cautious on 2012 outlook despite strong Q1

3 May 2012 | Graeme Roberts

GERMANY: BMW cautious on 2012 outlook despite strong Q1 Graeme Roberts Good financial results for the first quarter of 2012 has made BMW cautiously optimisitic but finance head Frederich Eichiner isn... read more


GERMANY: New company creates basis for customer-friendly electromobility

16 March 2012 | just-auto plus Extended News

GERMANY: New company creates basis for customer-friendly electromobility just-auto plus Extended News A central element for the increasing expansion of electromobility in Germany is taking shape. To ... read more


BELGIUM: Recticel releases annual results for 2011

6 March 2012 | just-auto plus Extended News

BELGIUM: Recticel releases annual results for 2011 just-auto plus Extended News Recticel released its annual financial results for 2011 on 2 March. Sales in the company's automotive sector stabili... read more


US: Tesla Q4 loss deepens ahead of model change

16 February 2012 | Graeme Roberts

US: Tesla Q4 loss deepens ahead of model change Graeme Roberts Tesla Motors' fourth-quarter net loss widened to US$81.5m as electric Roadster sales end before the release of Model S sedans. The ne... read more


GERMANY: Analysts predict healthy Daimler 2011 margin

8 February 2012 | Graeme Roberts

GERMANY: Analysts predict healthy Daimler 2011 margin Graeme Roberts Daimler is expected to report its best profit margin since ending the merger with Chrysler five years ago. An average estimat... read more


GERMANY: Mercedes to sell 2.7m cars by 2020

20 January 2012 | Graeme Roberts

GERMANY: Mercedes to sell 2.7m cars by 2020 Graeme Roberts Daimler plans to more than double output of Mercedes-Benz vehicles to 2.7m by 2020 in its drive to become the world's largest premium car ma... read more


INDIA: JBM Cadmium acquires Tesco Go engineering services

4 January 2012 | Satnam Singh

INDIA: JBM Cadmium acquires Tesco Go engineering services Satnam Singh JBM Cadmium, part of JBM Group, has acquired Tesco Go, which provides product development engineering services to the auto, rail... read more


SOUTH KOREA: Mobis, Takata ink agreement for auto safety system components

7 December 2011 | just-auto plus Extended News

SOUTH KOREA: Mobis, Takata ink agreement for auto safety system components just-auto plus Extended News Mobis has announced that it signed a cooperation agreement with Japan's largest supplier of aut... read more


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