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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


CHINA: Plastic Omnium expects to double revenue in 2018

21 April 2015 | Graeme Roberts

CHINA: Plastic Omnium expects to double revenue in 2018 Graeme Roberts Plastic Omnium announced its latest developments in China at the Shanghai motor show including four new plants. With 22m vehi... read more


FRANCE: Renault Q3 revenue rises 3.2% on car sales up 10.2%

25 October 2013 | Graeme Roberts

FRANCE: Renault Q3 revenue rises 3.2% on car sales up 10.2% Graeme Roberts Renault group revenues rose 3.2% year on year to EUR7.998bn in the third quarter of 2013. Automotive revenues were off ... read more


US: Visteon net profit up 25% in 2012

28 February 2013 | Dave Leggett

US: Visteon net profit up 25% in 2012 Dave Leggett Visteon has announced that it earned US$100m in 2012, up from USD80m the pevious year, as it benefited from higher volumes in North America and Asia... read more


FRANCE: Renault posts profit down 15% for 2012

14 February 2013 | Dave Leggett

FRANCE: Renault posts profit down 15% for 2012 Dave Leggett Renault has posted net income for 2012 down 15% on the previous year, but the results were better than many had expected. Net income for... read more


BELGIUM: CLEPA defends Horizon 2020 against "unfair" criticism

29 November 2012 | Simon Warburton

BELGIUM: CLEPA defends Horizon 2020 against "unfair" criticism Simon Warburton European automotive supplier body, CLEPA, is branding as "unfair," recent criticism levelled at the Horizon 2020 initiat... read more


FRANCE/GERMANY: GM and PSA shelve plans for deeper ties

14 November 2012 | Chris Wright

FRANCE/GERMANY: GM and PSA shelve plans for deeper ties Chris Wright General Motors and alliance partner PSA Peugeot Citroen have halted talks on a deeper tie-up because of misgivings about the Frenc... read more


FRANCE: PSA $9bn guarantee challenged by automakers and politicians

26 October 2012 | Simon Warburton

FRANCE: PSA $9bn guarantee challenged by automakers and politicians Simon Warburton Automakers and politicians are lining up to challenge the EUR7bn (US$9bn) put up by the French government as a guar... read more


CHINA: Geely executive 'unaware' of London taxi cash injection talks

15 October 2012 | Graeme Roberts

CHINA: Geely executive 'unaware' of London taxi cash injection talks Graeme Roberts A senior executive at Geely Automobile Holdings has said he was unaware of talks on a possible cash infusion into... read more


GERMANY: Volkswagen defies suggestions to axe loss-making Seat

10 August 2012 | Graeme Roberts

GERMANY: Volkswagen defies suggestions to axe loss-making Seat Graeme Roberts Perennial loss-making Spanish subsidiary Seat is dragging Volkswagen down and it would make sense to close it down and ... read more


US: Slimming down reduces Visteon Q2 sales and profit

2 August 2012 | Graeme Roberts

US: Slimming down reduces Visteon Q2 sales and profit Graeme Roberts Visteon Corporation reported second quarter 2012 net income of US$75m, or $1.40 per share, up from $26m, or $0.50 in Q2 2011. T... read more


US/FRANCE: GM and PSA Peugeot Citroën announce logistics agreement

3 July 2012 | just-auto plus Extended News

US/FRANCE: GM and PSA Peugeot Citroën announce logistics agreement just-auto plus Extended News As a first result of its global Alliance, GM and PSA Peugeot Citroën have reached a long-term, exc... read more


CANADA: Martinrea posts revenues of US$735.7m in Q1

10 May 2012 | just-auto plus Extended News

CANADA: Martinrea posts revenues of US$735.7m in Q1 just-auto plus Extended News Martinrea International, manufacturer of aluminium products for the auto sector, announced the release of its financia... read more


US: Visteon announces first-quarter 2012 Results

3 May 2012 | just-auto plus Extended News

US: Visteon announces first-quarter 2012 Results just-auto plus Extended News Visteon Corporation today announced first-quarter 2012 results, reporting a net loss of $29 million, or $0.56 per diluted... read more


US: Visteon swings to first quarter loss

2 May 2012 | Graeme Roberts

US: Visteon swings to first quarter loss Graeme Roberts Visteon has posted a quarterly loss, partly because of the deconsolidation of a joint venture. The supplier reported a Q1 2012 net loss of U... read more


FRANCE: Sarkozy reveals FPA rescue days before Presidential election

18 April 2012 | Simon Warburton

FRANCE: Sarkozy reveals FPA rescue days before Presidential election Simon Warburton Threatened Renault cylinder head supplier, Fonderie du Poitou Aluminium (FPA) has secured a buyer and investment w... read more


CZECH REPUBLIC: Profits fall at PSA-Toyota TPCA venture

3 April 2012 | Chris Wright

CZECH REPUBLIC: Profits fall at PSA-Toyota TPCA venture Chris Wright Profits have dropped 73% at the Czech-based joint venture between Toyota and PSA Peugeot Citroen because of falling demand for the... read more


UK: Mitsubishi importer sells retail division

9 March 2012 | Tony Lewis

UK: Mitsubishi importer sells retail division Tony Lewis VT Holdings, a Japanese car retail and aftersales business, has bought Colt Car Retail Group (CCR) from UK Mitsubishi importer and distributor... read more


UK: Former Magna exec reckons GM made wrong call on Opel

5 March 2012 | Graeme Roberts

UK: Former Magna exec reckons GM made wrong call on Opel Graeme Roberts In something of a 'told you so' comment, former Magna International executive Siegfried Wolf, who led the global supplier and c... read more


FRANCE: PSA to talk with unions over GM deal

2 March 2012 | Chris Wright

FRANCE: PSA to talk with unions over GM deal Chris Wright PSA Peugeot Citroen will meet with its European works council meeting in two weeks to discuss the planned alliance with General Motors. FO... read more


US: Visteon books fourth quarter net loss of $26m

29 February 2012 | Graeme Roberts

US: Visteon books fourth quarter net loss of $26m Graeme Roberts Visteon Corporation has reported a net loss of US$26m, 51 cents a share, on sales of $1.86bn. Fourth quarter 2010 saw net income ... read more


US: Visteon announces 2011 financial results

28 February 2012 | just-auto plus Extended News

US: Visteon announces 2011 financial results just-auto plus Extended News Visteon Corporation today announced financial results for 2011, reporting full-year product sales of $8.05 billion, an increa... read more


INDIA: Ford, PSA, get Gujarat factory tax breaks

24 February 2012 | Graeme Roberts

INDIA: Ford, PSA, get Gujarat factory tax breaks Graeme Roberts The Gujarat government has given tax relief to Ford and Peugeot which are building or planning new car and engine factories in the stat... read more


FRANCE/UK: PSA and GM talking Europe alliance

22 February 2012 | Graeme Roberts

FRANCE/UK: PSA and GM talking Europe alliance Graeme Roberts PSA Peugeot Citroen has confirmed it is talking potential cooperations and alliances but has not not named possible partners though media ... read more


GERMANY: GM Europe seen losing over $1bn in 2011

15 February 2012 | Graeme Roberts

GERMANY: GM Europe seen losing over $1bn in 2011 Graeme Roberts General Motors will report a 2011 loss of "slightly more than US$1bn" for its European Opel/Vauxhall division on Thursday, monthly Man... 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


US: Visteon announces Q3 results

4 November 2011 | just-auto plus Extended News

US: Visteon announces Q3 results just-auto plus Extended News Visteon Corporation today announced third-quarter 2011 results, reporting net income of $41 million, or 79 cents per diluted share, on pr... read more


US: Visteon Q3 results back in the black

4 November 2011 | Graeme Roberts

US: Visteon Q3 results back in the black Graeme Roberts Tier one supplier Visteon was back in the black in the third quarter of 2011, reporting net income of US$41m, or 79 cents a share, on sales o... read more


US: Johnson Controls reports double-digit sales and earnings increases in 2011 fourth quarter

27 October 2011 | just-auto plus Extended News

US: Johnson Controls reports double-digit sales and earnings increases in 2011 fourth quarter just-auto plus Extended News Johnson Controls, Inc, a global diversified company in the buildings and aut... read more


US: Johnson Controls reports record Q4 sales and profit

27 October 2011 | Graeme Roberts

US: Johnson Controls reports record Q4 sales and profit Graeme Roberts Johnson Controls has reported record net sales and income for its fiscal 2011 fourth quarter. Net sales rose 19% year on year... read more


POLAND: Plastic Omnium to acquire Plastal Poland

13 October 2011 | just-auto plus Extended News

POLAND: Plastic Omnium to acquire Plastal Poland just-auto plus Extended News Plastic Omnium Auto Exterior (POAE), a subsidiary of Company Plastic Omnium, announced the agreement for the acquisition ... read more


UK: GKN completes Getrag acquisition to boost driveline products

6 October 2011 | just-auto plus Extended News

UK: GKN completes Getrag acquisition to boost driveline products just-auto plus Extended News With the approval process now complete, GKN's £280 /$440 million acquisition of the driveline produ... read more


US: Visteon announces second-quarter 2011 results

4 August 2011 | just-auto plus Extended News

US: Visteon announces second-quarter 2011 results just-auto plus Extended News Visteon Corporation today announced second-quarter 2011 results, reporting net income of $26 million, or 50 cents per d... read more


GERMANY: Global growth will fuel VW’s profit increase

28 July 2011 | Chris Wright

GERMANY: Global growth will fuel VW’s profit increase Chris Wright Volkswagen said it expects revenues and operating profit to rise significantly this year fuelled by growth in all regions which has ... read more


FRANCE: Renault sees 'quake supply issues receding

28 July 2011 | Graeme Roberts

FRANCE: Renault sees 'quake supply issues receding Graeme Roberts Renault reported first half net income up 52% year on year to EUR1,253m on record sales of 1.4m units, up 1.9%, and group revenue up ... read more


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