Category: Automotive

Visteon Announces First-Quarter 2018 Results

View the first-quarter 2018 financial summary infographic Visteon Announces First-Quarter 2018 Results Delivered solid financial performance Sales of $814 million Net income of $65 million Adjusted EBITDA of $104 million Net cash generated from operating activities of $81 million Adjusted free cash flow of $48 million Awarded $1.6 billion in new business Multiple SmartCore™ awards… Continue reading Visteon Announces First-Quarter 2018 Results

Jeep powers Fiat Chrysler quarterly profit jump of 60% to $1.2 billion

Buy Photo Fiat Chrysler Automobiles headquarters, located in Auburn Hills. (Photo: Eric Seals, Detroit Free Press)Buy Photo Fiat Chrysler Automobiles said Thursday it earned a profit of $1.2 billion (1 billion euro) during the first quarter, a nearly 60% gain over the same period a year ago, driven in part by a jump in worldwide Jeep… Continue reading Jeep powers Fiat Chrysler quarterly profit jump of 60% to $1.2 billion

Opel Grandland X Debut for New 1.5-Litre Diesel Engine

Opel Grandland X Debut for New 1.5-Litre Diesel Engine 2018-04-26 Powerful: New 1.5 Diesel with 96 kW/130 hp Ahead of schedule: New 1.5-litre diesel already meets future Euro 6d-TEMP standard Optimum after-treatment: NOx adsorber plus Selective Catalytic Reduction Lower fuel consumption: Up to four percent more efficient than predecessor Eight-speed: Low friction automatic gearbox for… Continue reading Opel Grandland X Debut for New 1.5-Litre Diesel Engine

Continental Expands Automated Driving Tests on the Autobahn

The technology company Continental is expanding its global test drives for highly and fully automated driving – in Lower Saxony as well. The focus of development remains the production readiness of highly automated driving Tests on the autobahn are rounded off with system tests in an urban setting Hanover, April 26, 2018. The technology company… Continue reading Continental Expands Automated Driving Tests on the Autobahn

Ford Mondeo’s future in doubt as Fusion is axed in US

The long-term future of the Ford Mondeo looks increasingly uncertain after the automotive giant announced plans to drop the popular model’s sister vehicle – the Fusion – in the United States, and focus on pick-ups and SUVs in that region instead. The current Mondeo was introduced in 2014 in Europe – and it has survived declining sales… Continue reading Ford Mondeo’s future in doubt as Fusion is axed in US

Waylands Automotive to open new Volvo dealership in Reading

Waylands Automotive has started work on a multi-million-pound Volvo eight-car showroom and workshop, which will become Volvo Cars Reading’s new home in November. Volvo Cars Reading opened for business towards the end of last year under the ownership of Waylands Automotive, headed up by ex-Ridgeway Garages CEO John O’Hanlon. The opening is part of a… Continue reading Waylands Automotive to open new Volvo dealership in Reading

British engine manufacturing dips in March but Q1 output still up 5%

26 April 2018 #SMMT News #UK Manufacturing UK engine production dips -3.7% in March as demand from UK car plants falls for second month. Exports provide counterweight to domestic market challenges, up 4.8% in the month and 12.1% YTD. Q1 demand remains 5.0% above 2017 levels, with more than 780,000 engines made in Britain so… Continue reading British engine manufacturing dips in March but Q1 output still up 5%

BMW is working with LiDAR company Innoviz to make self-driving cars

BMW has already made clear its intent to launch self-driving cars by 2021. Now, the automaker has decided on solid-state LiDAR (Light Detection and Ranging) sensors and computer vision tech from startup Innoviz to enable its Level 3 – 5 autonomous vehicles to “see” their surroundings. For clarity, level 3 involves highly-automated driving, level four… Continue reading BMW is working with LiDAR company Innoviz to make self-driving cars