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AI-led start-up UVeye raises $31m

23 July 2019 | Dave Leggett

AI-led start-up UVeye raises $31m Dave Leggett Israeli company UVeye, which provides solutions for the automatic external inspection of vehicles, has raised an additional US$31m in funding, led by To... 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


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


SWEDEN: Geely's Volvo Car on track - CEO

24 March 2014 | Chris Wright

SWEDEN: Geely's Volvo Car on track - CEO Chris Wright Geely-owned Volvo Car’s plan is working, said president and chief executive officer Håkan Samuelsson, as he reported net profit for 2... read more


GERMANY: BMW expects over 2m sales in 2014

19 March 2014 | Graeme Roberts

GERMANY: BMW expects over 2m sales in 2014 Graeme Roberts BMW is expecting to "achieve a significant rise in sales volume in 2014 which would take us to a new, all-time high of over 2m vehicles", cha... read more


US: Ford books record $2.6bn Q3 pretax profit

24 October 2013 | Graeme Roberts

US: Ford books record $2.6bn Q3 pretax profit Graeme Roberts Ford on Thursday (24 October, 2013) announced a record third quarter pre-tax profit of US$2.6bn, up $426m from Q3 2012. However, t... read more


CHINA: SAIC reports slowing profit growth in 2012

2 April 2013 | Dave Leggett

CHINA: SAIC reports slowing profit growth in 2012 Dave Leggett SAIC has reported a 2.6% rise in profit last year, its slowest growth since 2008. Profits were squeezed by a slowing economy and incr... read more


CHINA: Geely in pole position for Fisker stake

19 February 2013 | Chris Wright

CHINA: Geely in pole position for Fisker stake Chris Wright Geely could secure a majority stake in electric car maker Fisker Automotive, sources have told China Daily . Fisker is looking for a st... read more


INDONESIA: Salim group to buy back control of Indomobil

17 December 2012 | Staff reporter

INDONESIA: Salim group to buy back control of Indomobil Staff reporter Singapore’s Gallant Venture is reported to have signed a conditional purchase agreement for a majority stake in PT Indomob... read more


CHINA: Chery relies on government subsidy for profit - report

19 November 2012 | Graeme Roberts

CHINA: Chery relies on government subsidy for profit - report Graeme Roberts Chery Automobile, once China's largest home-grown automaker and Tata Motors' JLR's partner in the country , is relying on... read more


GERMANY: MAN profits plunge 64% as demand falters

31 October 2012 | Tony Lewis

GERMANY: MAN profits plunge 64% as demand falters Tony Lewis MAN, the Munich-based truck maker majority owned by Volkswagen, has joined rivals, including Volvo and Daimler, in predicting that Europe&... read more


SWEDEN: Profits slump at truck maker Volvo

25 October 2012 | Tony Lewis

SWEDEN: Profits slump at truck maker Volvo Tony Lewis Volvo, the world’s second largest truck maker behind Daimler, reported operating profits down to SEK2.9bn (US$433m) from SEK5.8bn a year ag... read more


SWEDEN: Volvo hit by currency crisis but remains on track

6 September 2012 | Chris Wright

SWEDEN: Volvo hit by currency crisis but remains on track Chris Wright Volvo made a first half net loss after sales suffered due to the euro zone crisis, but said its growth plans remain on track. ... 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


CANADA: Westport’s revenue surges 133% in Q1

9 May 2012 | just-auto plus Extended News

CANADA: Westport’s revenue surges 133% in Q1 just-auto plus Extended News Westport Innovations reported financial results for the first quarter ended 31 March 2012. The company reported consolidated ... 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


CANADA: Westport’s net loss rises 7.41% to US$14.5m in Q3/2011Q3/2011

29 February 2012 | just-auto plus Extended News

CANADA: Westport’s net loss rises 7.41% to US$14.5m in Q3/2011Q3/2011 just-auto plus Extended News Westport Innovations reported financial results for the third quarter and nine-month fiscal year end... read more


BELGIUM: CLEPA cautions Saab receivers not to sell assets to pay huge lawyer army

3 February 2012 | Simon Warburton

BELGIUM: CLEPA cautions Saab receivers not to sell assets to pay huge lawyer army Simon Warburton Europe's automotive supplier body CLEPA, is urging Saab receivers not to sell off the bankrupt automa... 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


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


BELGIUM: EC gives Volkswagen green light for MAN bid

27 September 2011 | Simon Warburton

BELGIUM: EC gives Volkswagen green light for MAN bid Simon Warburton Volkswagen has been cleared by the European Commission (EC) through the EU Merger Regulation for its proposed acquisition of comme... read more


GERMANY: Interior trim supplier sold to equity firm

19 August 2011 | Graeme Roberts

GERMANY: Interior trim supplier sold to equity firm Graeme Roberts German law firm Schultze & Braun, acting in its capacity as trustee for Novem Vermögensverwaltungs, announed the sale of ... read more


SWEDEN: Debt agency poised to deliver Saab supplier judgements today

25 July 2011 | Simon Warburton

SWEDEN: Debt agency poised to deliver Saab supplier judgements today Simon Warburton Sweden's debt enforcement authority is to deliver its verdict on 41 cases brought by Saab suppliers and others as ... read more


SWEDEN: Saab moves rapidly to quash bankruptcy filing for tool division

22 July 2011 | Simon Warburton

SWEDEN: Saab moves rapidly to quash bankruptcy filing for tool division Simon Warburton A Swedish supplier has filed for bankruptcy of Saab Tools today (22 July), although the automaker said it had r... read more


GERMANY: VW takes majority stake in MAN

4 July 2011 | just-auto.com editorial team

GERMANY: VW takes majority stake in MAN just-auto.com editorial team Volkswagen said on Monday (4 July, 2011) it now holds a majority of the heavy truck maker MAN. It was was obliged by German law to... read more


GERMANY: European regulator slows VW's MAN control

28 June 2011 | just-auto.com editorial team

GERMANY: European regulator slows VW's MAN control just-auto.com editorial team Volkswagen AG has suffered a setback in its efforts to create Europe's biggest truckmaker as a European regulator pus... read more


CHINA: BAIC unit close to Inalfa completion

27 June 2011 | just-auto.com editorial team

CHINA: BAIC unit close to Inalfa completion just-auto.com editorial team Beijing Hainachuan Automotive Parts, a subsidiary of BAIC Group, has said its acquisition of Inalfa Roof Systems will be compl... read more


US: Borgwarner finalises acquisition of Haldex traction systems

20 May 2011 | just-auto.com editorial team

US: Borgwarner finalises acquisition of Haldex traction systems just-auto.com editorial team Global powertrain supplier BorgWarner has completed its acquisition of the Traction Systems division of Ha... read more


US: US$150m investment in steer axle systems supports Dana's aggressive growth plans

8 February 2011 | just-auto plus Extended News

US: US$150m investment in steer axle systems supports Dana's aggressive growth plans just-auto plus Extended News Dana Holding Corporation has taken action to become a full-service provider of drivel... read more


US: Dana inks strategic agreement with Sifco

8 February 2011 | just-auto.com editorial team

US: Dana inks strategic agreement with Sifco just-auto.com editorial team Dana Holding is to become a full service provider of driveline systems in the growing South American commercial vehicle busin... read more


US: BorgWarner finalises acquisition of Haldex Traction System

3 February 2011 | just-auto plus Extended News

US: BorgWarner finalises acquisition of Haldex Traction System just-auto plus Extended News BorgWarner has completed its acquisition of the Traction Systems division of Haldex Group. From production ... read more


US: Ford Credit earns $3.1bn in 2010

28 January 2011 | just-auto plus Extended News

US: Ford Credit earns $3.1bn in 2010 just-auto plus Extended News Ford Motor Credit Company reported net income of $2 billion in 2010, an improvement of $0.7 billion from earnings of $1.3 billion a y... read more


GERMANY: Scania and MAN in merger talks

19 November 2010 | just-auto.com editorial team

GERMANY: Scania and MAN in merger talks just-auto.com editorial team Scania and MAN have acknowledged that they are in merger talks. Der Speigel reported last week that Volkswagen, which has a con... read more


US: Ford posts Q3 profit rise

26 October 2010 | just-auto.com editorial team

US: Ford posts Q3 profit rise just-auto.com editorial team Ford Motor Company has reported third quarter net income of US$1.7 billion, a $690m rise on the same period last year, as strong products, m... read more


CHINA: Buffett may raise BYD stake

29 September 2010 | just-auto.com editorial team

CHINA: Buffett may raise BYD stake just-auto.com editorial team Contrary to earlier  speculation , billionaire US-based investor Warren Buffett has discussed the possibility of raising his 10%... read more


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