MAUMEE, Ohio, April 30, 2018 /PRNewswire/ — Highlights Sales of $2.1 billion, an increase of $437 million, growth of 26 percent Net income attributable to Dana of $108 million; diluted EPS of $0.73 Adjusted EBITDA of $248 million, an increase of $43 million providing a margin of 11.6 percent Diluted adjusted EPS of $0.75, an… Continue reading Dana Incorporated Announces First-quarter 2018 Financial Results with Significant Revenue Growth, Affirms Full-year Guidance Increase
Tag: JLR
Fitch affirms Tata Motors at BB+; outlook stable
TML‘s sales volume grew by 9% yoy in medium and heavy commercial vehicles and 23% in light commercial vehicles in FY18. New Delhi: Tata Motors (TML’s) rating, which includes a one-notch uplift from its standalone rating of ‘BB’ on its linkage with Tata Sons (TSOL), reflects its position in the Indian commercial-vehicle market and the… Continue reading Fitch affirms Tata Motors at BB+; outlook stable
Four carmakers to recall over 230,000 vehicles: ministry
SEOUL, April 26 (Yonhap) — Four carmakers will voluntarily recall more than 230,000 vehicles to fix faulty parts, the transport ministry said Thursday. It is the latest in a series of recalls by carmakers and importers to ensure their vehicles meet current safety rules. The four automakers — Hyundai Motor Co., Kia Motors Corp., Jaguar… Continue reading Four carmakers to recall over 230,000 vehicles: ministry
Press Releases – Urban vehicle access regulations require EU stakeholder dialogue
Brussels, 25 April 2018 – Representatives of European cities and automobile manufacturers call on the European Commission to continue to support the ongoing dialogue between all players involved in urban vehicle access regulations (UVARs). Dialogue is necessary to assess the impact of UVARs on mobility, and to achieve a more coordinated approach across the EU.… Continue reading Press Releases – Urban vehicle access regulations require EU stakeholder dialogue
BMW will export from China a 100% electric SUV
In the electric, BMW put on China. And for good reason, according to its local partner, Brilliance China Automotive, the German manufacturer of luxury cars plans to produce, in 2020 its first 100% electric SUV, in their joint venture in Shenyang (Northeast). Above all, this vehicle, called “iX3”, will be sold worldwide, including North America.… Continue reading BMW will export from China a 100% electric SUV
‘2018 might see a road-legal production car hit 300mph. Pointless? In every practical sense, yes’
This year will, in all likelihood, see a road-legal production car (perhaps more than one) attempt to hit 300mph. Pointless? In every practical sense, yes, completely and utterly. Still, you have to admit that, however daft, it’s a pretty remarkable target for cars that are road-legal and more than wild one-offs. It wasn’t so long… Continue reading ‘2018 might see a road-legal production car hit 300mph. Pointless? In every practical sense, yes’
Auto companies can’t go at it alone in making self-driving cars safer: Jaguar Land Rover CEO
Even with recent accidents involving self-driving vehicles, they would still be a safer way for people to move around in the future, said Jaguar Land Rover’s Chief Executive, Ralf Speth. But auto companies cannot be solely responsible for bringing that vision into fruition, he said. “We need to make sure that we get the right… Continue reading Auto companies can’t go at it alone in making self-driving cars safer: Jaguar Land Rover CEO
BMW Concept iX3 previews future Jaguar I-Pace rival
BMW says lessons learnt through the establishment of its i sub-brand and recent developments surrounding its upcoming iNext model have allowed it to provide the new Concept iX3 with “new dimension” in performance, operating range, weight and packaging over its first dedicated electric powered production model, the three-year-old i3. The new pure electric SUV, unveiled at… Continue reading BMW Concept iX3 previews future Jaguar I-Pace rival
Press Releases – CO2 from new cars up as petrol overtakes diesel, 2017 data shows
Brussels, 24 April 2018 – The year 2017 saw two new and related trends in EU car registrations: an increase in CO2 emissions coupled with a rise in petrol sales, according to new data from the European Environment Agency (EEA) and the European Automobile Manufacturers’ Association (ACEA). According to the figures published by the EEA… Continue reading Press Releases – CO2 from new cars up as petrol overtakes diesel, 2017 data shows
Autocar confidential: Lynk&Co’s strategy, Toyota Supra, internet sales & more
This week’s snippets of automotive news include news on Lynk&Co‘s strategy, Toyota Supra, Citroën internet sales and driving modes. Lynk&Co’s strategy: New subscription-based marque Lynk&Co is aiming to sell cars to “people who don’t want to buy cars”, and boss Alain Visser said this approach has changed the way he recruits. The former Ford and… Continue reading Autocar confidential: Lynk&Co’s strategy, Toyota Supra, internet sales & more