Visitors look at a Honda CR-V at an auto show in Dongguan, Guangdong province. [Photo provided to China Daily] Joint venture GAC Honda Automobile is moving to take over Honda Automobile (China), enhancing its productivity with the additional capacity of the Japanese brand’s currently plant in Guangzhou, Guangdong province. GAC Group has approved a deal to… Continue reading GAC Honda to buy out other Honda China stakeholders
Tag: Manufacturing
Vauxhall cuts further 250 jobs at Ellesmere Port factory
Vauxhall is to cut a further 250 jobs at its plant in Cheshire as it slashes production of the Astra. The carmaker, sold to Peugeot owner PSA by General Motors last year, said the losses would be on top of 400 redundancies announced in October as it moves to a single daily manufacturing shift from… Continue reading Vauxhall cuts further 250 jobs at Ellesmere Port factory
Fiat Chrysler boosted by Jeep growth expectations
MILAN (Reuters) – Fiat Chrysler (FCHA.MI)(FCA) shares hit a record high on Monday on growing expectations that the carmaker’s coveted Jeep brand will unlock even greater value this year. The stock jumped more than 20 percent last week on a bullish outlook for the auto sector and media speculation that Chief Executive Sergio Marchionne’s final… Continue reading Fiat Chrysler boosted by Jeep growth expectations
CES 2018: ZF on Track for Autonomous Driving
A Chinese car manufacturer will be the first customer to install the control box in a vehicle with autonomous driving features, thanks to a collaborative project between ZF, NVIDIA and Baidu. This open cooperation network – part of ZF’s Vision Zero ecosystem – is proving to be a success factor for the company, both in… Continue reading CES 2018: ZF on Track for Autonomous Driving
TomTom Launches AutoStream: A Revolutionary Map Delivery Service for Autonomous Driving
CES Las Vegas, 8 January 2018 TomTom (TOM2), today announced the launch of TomTom AutoStream, an innovative map delivery service for autonomous driving and advanced driver assistance systems. Announced today at CES, are the first partners to use the technology: Baidu and Zenuity. TomTom AutoStream enables vehicles to build a horizon for the road ahead by… Continue reading TomTom Launches AutoStream: A Revolutionary Map Delivery Service for Autonomous Driving
The passenger cars down in produciton, up in sales
The passenger cars down in produciton, up in sales In October, the production and sales of passenger cars reached 2,225,000 and 2,352,000 units respectively, down 3.2% than that of last month and 2.7% year on year in production, but up 0.4% both on monthly and yearly basis in sales. For the first ten months, the production… Continue reading The passenger cars down in produciton, up in sales
Vauxhall axes 250 more jobs at Ellesmere Port plant
Vauxhall’s Ellesmere Port car plant, where the Astra is built. Photograph: Christopher Thomond for the Guardian Vauxhall Vauxhall axes 250 more jobs at Ellesmere Port plant Car manufacturer announces further cuts at Wirral site, where Astra is made, bringing total number of job losses to 650 Car manufacturer Vauxhall is to cut another 250 jobs… Continue reading Vauxhall axes 250 more jobs at Ellesmere Port plant
Aptiv to Discuss 2017 Q4 Earnings February 1
GILLINGHAM, England, Jan. 8, 2018 /PRNewswire/ — Aptiv PLC (NYSE: APTV) will release its fourth quarter 2017 financial results on Feb. 1 and will hold an investor call the same day at 8:30 a.m. (ET). The call will be hosted by Aptiv’s President and Chief Executive Officer, Kevin Clark and Chief Financial Officer and Senior… Continue reading Aptiv to Discuss 2017 Q4 Earnings February 1
Cadillac Is Said to Ready Small SUV to Jumpstart Weak U.S. Sales
General Motors Co. is gearing up one of its car plants to build a new Cadillac crossover with hopes of reversing the luxury brand’s sales slump in the U.S., according to people familiar with the matter. The automaker has begun building test versions of the Cadillac XT4 at its assembly plant in Kansas City, said… Continue reading Cadillac Is Said to Ready Small SUV to Jumpstart Weak U.S. Sales
Aston Martin delivers record sales growth in 2017
Group upgrades full-year profit guidance as retail volumes rise 58% to more than 5,100 Strong demand for DB11 model lifts retail sales 58% year-on-year Unit sales exceed 5,000 for first time since 2008 Manufacturing at a nine-year high Group expects to exceed full-year EBITDA guidance of at least £180 million on revenues of more than… Continue reading Aston Martin delivers record sales growth in 2017