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Faurecia eyes 2025 operating margin above 8% of sales

The supplier expects to strongly outperform the market over the next five years with its products in the premium, electric and commercial vehicle segmRead More



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Tesla temporarily halts production at Model 3 line New! 2021-02-25 06:29:21Workers on a Model 3 production line in Fremont, Calif., were told their line would be down from Feb. 22 until March 7.

Infineon says it can meet chip demand with New! 2021-02-25 06:18:30Infineon is expanding existing output and says its new plant, set to open this summer, will be able to produce enough chips for 25 million EV drivetra

Mercedes doubles electric-only driving range of new C-Class New! 2021-02-25 02:02:37Plug-in drivetrains will be relevant for many years to come because of their substantially longer electric range, said Ola Kallenius, CEO of Mercedes

TrueCar swings to Q4 net profit on ALG New! 2021-02-24 20:50:50Excluding the ALG unit, the vehicle-listings company reported a loss from continuing operations of $7.7 million in the quarter, compared with a $9.7 m

Land Rover Defender gets optional supercharged V-8 built New! 2021-02-24 19:01:00A 5.0-liter, 518-hp engine is being introduced for the new model year. The transmission, chassis and suspension have been tweaked to handle the signif

Jeep brings back Springsteen ad after singer cleared New! 2021-02-24 17:28:07Jeep had the ad back up on its YouTube channel Wednesday afternoon. It had drawn some 37 million views before it was pulled.

Farley calls for more U.S. battery production to 2021-02-24 16:07:31Ford’s battery supplier for its upcoming electric F-150 pickup, SK Innovation of South Korea, recently lost an intellectual-property case brough

U.S. postal chief commits to 10% of new 2021-02-24 16:05:01U.S. Postmaster General Louis DeJoy told lawmakers on Wednesday the Postal Service was committed to having electric vehicles make up 10 percent of its

Tenneco swings to $167 million net income in 2021-02-24 14:19:23Fourth-quarter revenue edged up slightly to $4.65 billion, a 12 percent increase from the year-earlier quarter.

Enforcement likely from new CFPB administration 2021-02-24 13:22:54Senior executives at the American Financial Services Association discussed a spate of regulatory hurdles facing auto lenders from the federal and stat

Fisker to form EV partnership with Foxconn 2021-02-24 08:11:17The vehicle will be built by Apple supplier Foxconn, targeted at multiple markets including North America, Europe, China and India, and sold under the

Nissan CEO who oversaw Ghosn’s downfall testifies in 2021-02-24 07:19:59Former Nissan CEO Hiroto Saikawa said he agreed in 2011 that Ghosn should be paid more to prevent him from going to a rival automaker, and that the ex

Automotive news - from

More XPeng EVs head to Norway 2021-02-04 11:12:00XPeng has shipped a second batch of over 200 G3 smart electric SUVs to Norway. This follows an earlier initial batch of 100 in December 2020.

Ford terminates EV plans with Zotye 2021-02-04 09:45:00Ford has decided to terminate plans to launch electric vehicle joint ventures with China's Zotye Auto.

UK CV sales off to a good start 2021-02-04 08:53:00The UK new light commercial vehicle (LCV) market enjoyed growth in the first month of 2021, according to data from the Society of Motor Manufacturers

Constellium planning a recycling investment in Europe 2021-02-04 08:09:00Constellium on Thursday announced it was in the advanced planning stages of an investment to increase its recycling capacity in Europe.

Scania to test self-driving trucks on motorways 2021-02-04 06:18:00Scania has been granted permission by the Swedish Transport Agency to test self-driving trucks on the E4 motorway between Södertälje and J&o

Perodua targets record sales and output in 2021 2021-02-04 06:04:00Perodua, Malaysia's second national car company, said it aimed to increase sales by 9% to 240,000 vehicles in 2021 from 220,163 units in 2020.

UK car market down 39.5% in January 2021-02-04 06:00:00New car sales in the UK were down almost 40% in January as showroom closures due to population lockdowns stifled demand.

GM Korea to cut output due to chip 2021-02-04 05:33:00GM Korea said it would cut production by 50% at one of its three plants from next week due to the global shortage of semiconductors.

Valeo commits to carbon neutrality by 2050 2021-02-04 03:39:00Valeo says it is committed to achieving carbon neutrality by 2050 and will have reached 45% of its objective by 2030.

Chips shortage hits four GM plants 2021-02-03 12:34:00General Motors has become the latest automaker hit by the global shortage of semiconductor chips as it said on Wednesday it would take down production

Kia to sign EV deal with Apple - 2021-02-03 12:24:00Kia reportedly will sign a KRW4 trillion (US$3.59bn) deal with Apple to build electric vehicles.

Daimler to split into two 2021-02-03 10:52:00Daimler announced on Wednesday it plans separation into two "pure-play" companies and a majority listing of Daimler Truck to "accelerate into a zer


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