Category: Automotive

Elon Musk promises Model 3 safety changes after crash report

Engadget Tesla has an excellent reputation for safety and it looks like the Model 3 is just as solid as its other EVs — but it still needs a few tweaks. Reddit user “Model 3 Crash Dummy” managed to walk away from an accident that totaled his car, despite the fact that “the paramedics said… Continue reading Elon Musk promises Model 3 safety changes after crash report

AAM Reports Fourth Quarter and Full Year 2017 Financial Results

Terms of Use ATTENTION: PLEASE READ THESE TERMS CAREFULLY BEFORE USING THIS WEBSITE. USING THIS WEBSITE INDICATES THAT YOU ACCEPT THESE TERMS. IF YOU DO NOT ACCEPT THESE TERMS (“TERMS”), DO NOT USE THIS SITE. Use of AAM WebsiteAmerican Axle & Manufacturing, Inc. (“AAM”) authorizes you to view and download the materials on this website… Continue reading AAM Reports Fourth Quarter and Full Year 2017 Financial Results

Ineos Grenadier: prototypes due in 2018 under new engineering deal

German engineering firm MBtech, which is part-owned by Mercedes-Benz, has signed a deal with Ineos Automotive to engineer its Land Rover Defender-inspired Projekt Grenadier SUV. The technical tie-up will involve MBtech allocating 200 full-time engineers to the project from its Stuttgart base. According to Ineos Automotive CEO Dirk Heilmann, the deal will: “bring together German engineering and British design and entrepreneurship”.… Continue reading Ineos Grenadier: prototypes due in 2018 under new engineering deal

Business and Financial Results for Fiscal 2017

IR Library 2017 2016 2015 2014 2013 2012 2011 2010 2009 Back Number 2017 Full Year Consolidated Financial Statements for FY 2017 (1.1MB) Supplementary Information for FY 2017 (238KB) Financial Results Review Meeting for FY 2017 (703KB) Third Quarter Consolidated Financial Statements for 3Q 2017 (419KB) Supplementary Information for 3Q 2017 (240KB) Financial Results Review… Continue reading Business and Financial Results for Fiscal 2017

Mahindra to Invest in Zoomcar

Mahindra to Invest in Zoomcar Investment in keeping with Mahindra’s thrust on Shared Mobility Business To invest up to Rs 176 crore February 15, 2018 Mumbai: Mahindra & Mahindra Ltd., part of the USD 19 billion Mahindra Group, today announced that it would be investing in Zoomcar India Private Limited and in Zoomcar Inc., its… Continue reading Mahindra to Invest in Zoomcar

2017 ANNUAL RESULTS – STRONG PERFORMANCE IN 2017 WITH OPERATING MARGIN AT 7% OF SALES IN H2 2018, GUIDANCE AHEAD OF ROADMAP

Record order intake at €62 Bn, up €9 Bn. Acceleration of innovation strategy. Proposed dividend of €1.10 per share, up 22% year-on-year in €m 2016 2017 Change Sales* 15,613.6 16,962.2 +10.6%** Operating income 970.2 1,170.3 +20.6% as % of sales 6.2% 6.9% +70bps Net income from continued operations 532.5 714.5 +34.2% Recurring net cash flow… Continue reading 2017 ANNUAL RESULTS – STRONG PERFORMANCE IN 2017 WITH OPERATING MARGIN AT 7% OF SALES IN H2 2018, GUIDANCE AHEAD OF ROADMAP

BRIEF-FCA US Recalls About 180,975 Trucks In The U.S. – NHTSA

Feb 16 (Reuters) – NHTSA: * FCA US LLC VOLUNTARILY RECALLING ABOUT 180,975 TRUCKS IN THE U.S. – NHTSA * FCA US RECALLING TRUCKS IN U.S. TO HELP PREVENT OCCUPANTS FROM INADVERTENTLY SHIFTING VEHICLES OUT OF “PARK” – NHTSA * FCA US LLC UNAWARE OF ANY INJURIES OR ACCIDENTS RELATED TO U.S. TRUCK RECALL –… Continue reading BRIEF-FCA US Recalls About 180,975 Trucks In The U.S. – NHTSA

Denso strengthens connectivity business, takes stake in Creationline

Denso Corporation has taken an equity stake in Japanese company Creationline, which excels at deploying and integrating cloud and other technologies that enable next-generation software development, including open source software. The auto industry is undergoing a once-in-a-century paradigm shift. Competition continues to intensify as new players from other industries enter the market and as speed… Continue reading Denso strengthens connectivity business, takes stake in Creationline

Dyson will produce not one, not two, but three electric cars

James Dyson has said that the company has invested “heavily” in solid-state battery technology Electric cars are all the rage now, with manufacturers from Ford and Citroen to BMW and Tesla getting in on the action. What we didn’t expect was a vacuum vendor to make their mark. British firm Dyson, best known for its… Continue reading Dyson will produce not one, not two, but three electric cars