LONDON (Reuters) – Britain’s biggest carmaker Jaguar Land Rover (TAMO.NS) will temporarily reduce production at its northern English car plant in Halewood later this year in response to weakening demand due to Brexit and tax hikes on diesel cars. Jaguar Land Rover’s sales in Britain and Europe were flat in 2017 and it expects tough… Continue reading Jaguar Land Rover to cut output due to Brexit, diesel uncertainty to hit sales
Tag: Financial Results
Good ideas from employees: AUDI AG saves approximately €108.6 million in 2017
Two auto‑mechatronics apprentices, Alexander Herbig and Alexander Ochsenkühn (r.), had the idea of marking torque‑wrench sockets green and red. The color system eases the fitting of the sockets, prevents the wrong use of the tool and therefore saves time. Audi Ideas Program sets new record in full-year 2017 Implementation of 15,000 improvement suggestions from Audi… Continue reading Good ideas from employees: AUDI AG saves approximately €108.6 million in 2017
22 Jan 2018 Driveline Major programme wins power GKN to £2bn eDrive order book
Significant contract wins strengthen GKN’s leadership position in eDrive Sales forecast to grow from £33 million in 2017 to £500 million by 2022 Company introducing next-generation electric driveline technologies and rapidly bringing full systems capability to the market R&D spend in 2017 totals £36 million making £123 million over the past six years and securing… Continue reading 22 Jan 2018
Driveline
Major programme wins power GKN to £2bn eDrive order book
Dealers told to focus on aftersales and boost profitability
Dealers have been urged to recognise the importance of aftersales and servicing to offset the fall in trade as the new car market declines. Paul Humphreys, managing director at DMS supplier Incadea UK, said: “While the used car market is performing strongly, it has been a challenging time for new, and for many dealers, this… Continue reading Dealers told to focus on aftersales and boost profitability
SEAT SEAT stands out among the fastest growing brands in the Best Spanish Brands 2017 report its international offensive, expands strategic operations in Algeria
SEAT has been acknowledged as one of the fastest growing companies in the Best Spanish Brands 2017 ranking compiled every two years by Interbrand. The company came in on the list for the first time in 2015 in 25th position, and has risen to 22nd in the latest edition. During the event, organised by the… Continue reading SEAT SEAT stands out among the fastest growing brands in the Best Spanish Brands 2017 report its international offensive, expands strategic operations in Algeria
Top Automotive Industry News for Week of January 15 – January 21, 2017
Here is the most important news associated with the automotive industry identified by the SEA for the week January 15, 2018 – January 21, 2018. We hope it helps you stay up to speed on the key developments in our industry: -AEA Membership News- Save The Date! The next AEA Members Reception will be held… Continue reading Top Automotive Industry News for Week of January 15 – January 21, 2017
Tesla Executive Appointed to Call2Recycle’s Board of Directors
ATLANTA, Jan. 18, 2018 /PRNewswire-USNewswire/ — Call2Recycle, Inc., North America’s first and largest consumer battery stewardship organization, announced today that Susan Repo, the Corporate Treasurer and Vice President of Finance at Tesla, Inc., will be joining the organization’s United States Board of Directors. At Tesla, Ms. Repo is responsible for shaping and building capital structure, including… Continue reading Tesla Executive Appointed to Call2Recycle’s Board of Directors
FCA Shares Remain Strong Despite Marchionne’s Jeep Embrace
Sergio Marchionne, CEO of Fiat Chrysler Automobiles answers a question at the 2018 North American International Auto Show in Detroit. (Photo credit JEWEL SAMAD/AFP/Getty Images) Fiat Chrysler Automobiles (FCA) shares slipped back slightly after CEO Sergio Marchionne threw cold water on speculation it might sell the Jeep SUV subsidiary. But the rally since the start… Continue reading FCA Shares Remain Strong Despite Marchionne’s Jeep Embrace
Dumped Cars, EV Dreams: What We Learned at the Detroit Auto Show
The auto industry is undergoing the most upheaval since the advent of Henry Ford’s assembly line. The changes were as evident as the meteor and sonic boom that rattled the frigid city of Detroit this week. The rise of autonomy and electrification and an exodus by Detroit’s hometown automakers from car segments loomed large at… Continue reading Dumped Cars, EV Dreams: What We Learned at the Detroit Auto Show
BMW CEO Krüger attacks Mercedes: “In 2020, we’ll be number one again in sales”
All articles and backgrounds 01/18/2018 BMW CEO Krüger attacks Mercedes “2020, we will be number one again in sales” AFP BMW boss Harald Krüger The BMW CEO Harald Krüger has announced the competitors Mercedes the loss of the top spot. “In 2020, we will again be the number one in sales and I will commit… Continue reading BMW CEO Krüger attacks Mercedes: “In 2020, we’ll be number one again in sales”