With the no-deal risk rising after Johnson decided to suspend parliament, France, Spain, Germany or Portugal are poised to mop up work if an accord with the European Union can’t be reached. Autoworkers in continental Europe are angling to snatch Vauxhall production that owner PSA Group plans to move out of the U.K. if Prime… Continue reading Peugeot workers target Brexit spoils
Tag: Honda
In Toyota and Suzuki alliance, two families find common ground
TOKYO — The formation of the capital partnership between Toyota Motor and Suzuki Motor, which spans an empire that produces 16 million vehicles globally, stemmed from a conversation that occurred only three months ago. “I asked [Toyota] President Akio Toyoda for a capital alliance in May,” Suzuki Chairman Osamu Suzuki told Nikkei Wednesday. Toyota will… Continue reading In Toyota and Suzuki alliance, two families find common ground
UPDATE 1-Ivory Coast, Toyota sign assembly plant deal
FLE PHOTO: A Toyota logo is displayed at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Pierre Albouy (Reuters) – Ivory Coast’s government signed an agreement on Thursday with Toyota (7203.T) to build a vehicle assembly plant in the West African nation, the office of Ivorian Prime Minister Amadou Gon Coulibaly… Continue reading UPDATE 1-Ivory Coast, Toyota sign assembly plant deal
Honda Sets Monthly Records for Automobile Production Worldwide and Overseas
Honda Motor Co., Ltd. today announced a summary of automobile production, Japan domestic sales, and export results for the month of July 2019. Worldwide Production July 2019 Year-to-Date Total(Jan.-Jul. 2019) Units vs.’18 Units vs.’18 Japan 79,415 +1.5% 552,288 +11.3% Outside of Japan 350,221 * +2.2% 2,569,523 -1.4% Worldwide Total 429,636 * +2.0% 3,121,811 +0.6%… Continue reading Honda Sets Monthly Records for Automobile Production Worldwide and Overseas
Car industry continues worldwide downward trend in Q2: Ernst & Young study
BERLIN, Aug. 28 (Xinhua) — The downward trend in the global auto industry in the second quarter (Q2) of this year continued, according to an analysis of the key financial figures of the world's 16 largest auto groups presented by auditing and consulting firm Ernst & Young (EY) in Frankfurt on Wednesday.
“The global automotive industry is experiencing a sales and profit crisis that is still primarily cyclical,” said Constantin Gall, head of Automotive and Transportation at EY.
According to the study, total profits of the world's 16 largest automotive groups had fallen 18 percent in Q2 of 2019.
The number of vehicles sold declined in all major markets and led to five percent global decline in sales, with only Mitsubishi, Honda, Toyota and BMW selling more new cars than a year ago.
French and U.S. car manufacturers recorded the sharpest declines in vehicles sold, of ten percent and nine percent respectively.
Among the largest automobile groups, Toyota was “slightly ahead” of Vo..
Toyota pulls Suzuki firmly into its orbit through stake deal
TOKYO (Reuters) – Toyota Motor Corp (7203.T) and Suzuki Motor Corp (7269.T) will take small equity stakes in each other, the Japanese car makers said on Wednesday, as they seek to develop newer technologies and meet sweeping changes upending the global auto industry. FILE PHOTO: The logo of Toyota is pictured at the Bangkok Auto… Continue reading Toyota pulls Suzuki firmly into its orbit through stake deal
PSA Group re-states Brexit warning for Vauxhall Ellesmere Port plant – AM
PSA Group chairman and chief executive Carlos Tavares has re-stated the French carmaker’s warning that Vauxhall’s Ellesmere Port plant could be closed if Brexit makes it unprofitable. In an interview with the Financial Times Tavares said that Vauxhall, “has another plant in mind” if the conditions of Brexit are “unfavourable”. “Frankly I would prefer to… Continue reading PSA Group re-states Brexit warning for Vauxhall Ellesmere Port plant – AM
GM wins US grant to develop solid-state batteries
General Motors is the latest automaker reported to be working on solid-state lithium batteries, thanks to a $2 million grant from Uncle Sam.
The money is part of a larger grant to develop more fuel-efficient powertrains, CNET reported. The company is expected to use the rest of the money to develop a lighter-weight, more efficient engine for medium duty trucks, perhaps to replace the company's 6.2-liter V-8.
Solid-state lithium batteries replace the flammable liquid organic solvents such as ethylene carbonate as an electrolyte in conventional lithium batteries with a solid, ceramic electrolyte that isn't flammable. That allows engineers to cram more lithium atoms into the battery to give it more energy without increasing volatility, which could lead to lighter, batteries for electric cars with longer ranges.
VW Battery Packs
So far, complex manufacturing challenges, cost, and power output have held the batteries back.
Other automakers, including Volkswagen, Toyota, Honda, Nissan, and startup automaker Fisker are also racing to develop solid state batteries for electric cars.
GM is also working with Honda in a joint venture to develop future electric-car and fuel-cell technologies, including batteries.
Nio ES6 battery
John Goodenough, an engineering professor at the University of Texas, who co-invented the modern lithium-ion battery, announced a breakthrough in solid-state lithium batteries in 2017, but with long automotive development lead times, it has not yet seen the light of day.
Not all automakers or battery companies are optimistic about the prospects for solid-state batteries. Panasonic, Tesla's battery partner, has said it doesn't expect solid-state lithium batteries to be commercially viable for another 10 years, and Tesla recently bought ultracapacitor producer Maxwell Technologies. Tesla CEO Elon Musk has said ultracapacitors have more promise for electric cars than lithium-ion batteries.
U.S. to test mirrorless, camera-based systems in autos
WASHINGTON (Reuters) – The U.S. National Highway Traffic Safety Administration plans to test how drivers could use cameras to replace traditional rearview mirrors in automobiles, a technology already allowed in other countries, the agency said on Tuesday. FILE PHOTO: An Audi 55 e-tron is seen ahead of the company’s annual news conference at its headquarters… Continue reading U.S. to test mirrorless, camera-based systems in autos
Suzuki Celerio and Baleno axed from UK sale
Suzuki has confirmed it has discontinued its two cheapest models – the Celerio city car and Baleno supermini – in the UK in a revamp of its product line-up. The Skoda Citigo and Honda Jazz rivals are still visible on the company’s UK site, but a spokesman said that from the end of this month, no… Continue reading Suzuki Celerio and Baleno axed from UK sale