Toyota and Suzuki say they have concluded a memorandum on beginning ‘concrete examinations for business partnership’. The partnership is aimed at saving cost in R&D and sharing ideas on addressing the big challenges facing the auto industry globally. Both companies plan to trade expertise in parts supplies and R&D, in an agreement that will
Category Archives: AFTERMARKET
Commercial vehicle registration in the EU: +13.5% in the first half of the year
In the first semester of 2016, the EU market expanded (+13.5%), totalling 1,170,263 commercial vehicles (Trucks, Van, Bus) European Automobile Manufactured Associaton (ACEA) said. During the same period, Italy (+30.8%), Spain (+14.0%), France (+12.7%), Germany (+10.4%) and the UK (+3.6%) all posted growth, in new heavy truck registrations. New light commercial vehicles (LCV) up
Iveco’s new Eurocargo lifts The 2016 International Truck of the Year Award
Iveco’s New Eurocargo has been elected International Truck of the Year 2016 by a group of 25 senior commercial vehicle journalists, representing 25 magazines throughout Europe. In a neck-and-neck competition, with its winning score of 101 votes, Iveco’s new medium-duty truck fought off a strong challenge posed by Renault Trucks’ C&K range, which finished
Brexit and its impact in the automotive industry
The shock waves from the UK’s historic vote to leave the EU are about to hit the global auto industry Analysts predict that falling sales and rising costs are the most likely outcomes for automakers as Europe’s second-largest car market begins severing long-standing ties with the region that buys the greatest proportion of the UK’s
EU Passenger car registrations: +8.5% over four months; +9.1% in April
In April 2016, the EU passenger car registrations in the market posted strong results again, marking the 32nd consecutive month of growth. From January to April 2016, new passenger car registrations increased by 8.5% with a total of more than 5 million units (5,094,026). This is the highest result in volume terms since April 2008,
A plug-in hybrid version of the iconic London black cab
The Chinese owner of the London Taxi Co. raised $400 million to help it finance the production of a plug-in hybrid version of its iconic cab. The proceeds will finance the development of the TX5, a plug-in version of the classic 1958 FX4. In the next two weeks, Geely will move to a new factory
BMW Group has no plan B if UK quits EU
BMW Group CEO Harald Krueger said it’s too early to plan for possible changes that could affect the automaker if Britons vote in the national referendum on June 23 to leave the European Union. BMW builds Mini and Rolls-Royce cars in the UK. More of 6.000 people work between the Mini factory in Oxford
Ford profits soar in Europe rebound with record North America results
Ford posted the highest quarterly pretax profit in its 113-year history as its European operations earned more in the first three months than in all of 2015 and the automaker reported its best-ever results in North America. Before taxes, Ford’s company profit for the quarter was $3.8 billion, up from $1.7 billion a year
ACEA: Passenger car registers +10.1% first two months of the year and 14.3% more in February
The European Automobile Manufacturers Association (ACEA in French) rapport In February 2016, the EU passenger car market posted a highly accelerated increase, marking the 30th consecutive month of growth. Registrations during the month grew (+14.3%) compared to February 2015 a total of 1,056,902 units. Among the major markets, Italy (+27.3%), France (+13.0%), Spain (+12.6%), and
What does it take to turn an old car into a robotic wonderland of manufacturing technology?
That is happening at Ford’s biggest European plant, in Spain’s south-eastern coastal city of Valencia. After a vehicle has been painted – using a more energy-efficient “3-Wet” painting process that applies layers without the need for each coat to dry – it is scanned by multiple hi-resolution cameras. The computer matches the surface to ideal
