Nissan and Honda to co-develop EV platforms, batteries and motors

Nissan and Honda have published fresh details of their new partnership on electric cars, revealing plans to co-develop a new platform, motors and batteries. The Japanese firms have entered into a joint research agreement for a next-generation architecture for a software-defined vehicle, aiming to integrate technologies including autonomous driving and artificial intelligence. These “will determine… Continue reading Nissan and Honda to co-develop EV platforms, batteries and motors

BorgWarner (BWA) Q2 Earnings Beat Estimates, Guidance Revised

BorgWarner Inc. BWA reported adjusted earnings of $1.19 per share for second-quarter 2024, down from $1.35 recorded in the prior-year quarter. The bottom line, however, surpassed the Zacks Consensus Estimate of 98 cents. The automotive equipment supplier reported net sales of $3.60 billion, missing the Zacks Consensus Estimate of $3.73 billion. The top line also… Continue reading BorgWarner (BWA) Q2 Earnings Beat Estimates, Guidance Revised

Nissan and Honda to roll out new EV by 2030

Standard Digital Weekend Print + Standard Digital wasnow $75 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated… Continue reading Nissan and Honda to roll out new EV by 2030

Asahi India Glass Q1 Profit Drops 25%, Revenue Rises 4%

Asahi India Glass Ltd, a supplier to the automotive industry, reported a consolidated net profit of Rs 76.69 crore during Q1FY25- witnessing a drop of 25.41% against Q1FY24. The company’s operating revenue on the other hand stood at Rs 1,135.83 crore in Q1FY25, a jump of 4.14% compared with Q1FY24.  Asahi India Glass, with close… Continue reading Asahi India Glass Q1 Profit Drops 25%, Revenue Rises 4%

Honda 0 series saloon concept receives Red Dot Design Award’s top honor for 2024

Honda’s Saloon concept model has been awarded the ‘Red Dot: Best of the Best 2024’ in the Design Concept category of the Red Dot Design Award. Additionally, another concept model from Honda’s 0 Series, the Space-Hub, was named a Red Dot winner in the same competition. The Honda 0 Series, which reflects the company’s transformation… Continue reading Honda 0 series saloon concept receives Red Dot Design Award’s top honor for 2024

@Honda: HONDA 0 SERIES SALOON WINS ‘BEST OF THE BEST’ IN DESIGN CONCEPT CATEGORY AT RED DOT DESIGN AWARDS

0 Series SALOON continues Honda success at the Red Dot Design Award Concept EV won ‘Red Dot: Best of the Best’ in the ‘Design Concept’ category Honda is celebrating more Red Dot Design Award success after the Saloon, the flagship concept model from the Honda 0 Series, has won the ‘Red Dot: Best of the… Continue reading @Honda: HONDA 0 SERIES SALOON WINS ‘BEST OF THE BEST’ IN DESIGN CONCEPT CATEGORY AT RED DOT DESIGN AWARDS

Mitsubishi to join Honda, Nissan alliance as Chinese juggernaut rolls on

With Mitsubishi now set to join this duo, there will hopefully be more savings on costs in the electrification journey. New Delhi: It was sometime in 2018 when a top member of Yamaha Motor’s leadership team told this writer that too much was being read into the (then) prevailing wave of consolidation in the Japanese… Continue reading Mitsubishi to join Honda, Nissan alliance as Chinese juggernaut rolls on

Lear (LEA) Q2 Earnings Beat Estimates, Guidance Revised

Lear Corp. LEA reported second-quarter 2024 adjusted earnings per share of $3.60, which increased from $3.33 recorded in the year-ago quarter and beat the Zacks Consensus Estimate of $3.34. In the reported quarter, revenues increased 0.2% year over year to $6.01 billion and surpassed the Zacks Consensus Estimate of $6 billion. Lear Corporation Price, Consensus… Continue reading Lear (LEA) Q2 Earnings Beat Estimates, Guidance Revised