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Daimler, BMW Expand Self-Drive Collaboration PDF Print E-mail
Monday, 11 March 2019

Daimler and BMW have agreed to coöperate on developing self-driving cars, the latest move by the rivals to share costs as a technology shift shakes up the industry.

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Ghosn granted bail by Tokyo court after 107 days in jail PDF Print E-mail
Tuesday, 05 March 2019

The Tokyo District Court has approved today bail for indicted former Renault-Nissan Chairman Carlos Ghosn, who has been in detention since his Nov. 19 arrest in Japan.

The decision came Tuesday in Japan, following the third attempt to win release

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PSA Have Global Ambitions on Record Earnings PDF Print E-mail
Monday, 04 March 2019

After reporting record 2018 earnings, PSA Group say they will reduce their dependence on Europe by launching Peugeot in North America, Citroën in India, and Opel in Russia.
The group's record full-year sales and earnings were buoyed by the success

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Valeo Profit Down on Emission Test Challenges PDF Print E-mail
Monday, 04 March 2019

Valeo say 2018 profits fell in a "challenging year" marked by emissions-test bottlenecks that hit European car production and a slowdown in China. But they're optimistic for 2019, predicting sales will outperform auto production by a wider margin

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Peugeot 208 to Electrify Europe's Small-Car Market PDF Print E-mail
Monday, 04 March 2019

The electric 208 is identified only by small "e" badges and composite inserts on the wheels, and there will be a sports-orientated GT trim level with special seat stitching and fabrics.

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Faurecia Aim Above Saggy Market PDF Print E-mail
Sunday, 24 February 2019

Faurecia say they hope to outperform the market in 2019, though they expect automotive production in general to be slightly negative this year. The supplier's reported full-year 2018 operating income rose 10 percent to €1.27bn, while operating margin

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Brand Value Ranking in Germany PDF Print E-mail
Monday, 18 February 2019

Which brand of car offers the best price-performance ratio from the point of view of consumers, who has the nose for car accessories? The new ranking of market research YouGov provides information.

The market researchers from the market research and consulting institute YouGov looked at a total of 38 categories

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Renault Expect to Escape Slump in 2019 PDF Print E-mail
Monday, 18 February 2019

French carmaker Renault, shaken by a crisis of leadership, expect sales to rise again in the current year. However, the company made the forecast under the proviso that it does not come to a "hard Brexit", as the company announced on Thursday

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Osram Confirm Bain, Carlyle Talks PDF Print E-mail
Monday, 18 February 2019

Light specialist Osram are negotiating with two investors about a takeover. Interested parties include the private equity firms Bain Capital and Carlyle Group, considering "a joint acquisition of up to 100 percent" of Osram shares—or there could wind up being

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How China will help fuel the revolution in autonomous vehicles PDF Print E-mail
Monday, 11 February 2019

By Mc Kinsey

If the driverless-car phenomenon takes off in China, Mc Kinsey beleive the payoff could be in the trillions of dollars.
McKinsey recent research suggests autonomous

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Opel Seek Giant German Build Cutbacks PDF Print E-mail
Monday, 28 January 2019

Opel CEO Michael Lohscheller wants to significantly reduce costs. "Our personnel costs compared to sales were around 15 percent under GM, with good competitors at 11 percent," Lohscheller said last year in an interview with the business magazine Bilanz.

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