Hyundai announces a new Ioniq electric vehicle brand. ZF H1 sales down 27% to$16bn due to the global pandemic. BMW launches eDrive Zones in both London and Birmingham. Veoneer, a Swedish provider of automotive technology, [...]

Daimler starts second phase of EV heavy truck tests. Free2Move, car rental and car-sharing business and owned by PSA Group can start to court new outside investors. BorgWarner posts Q2 net loss of $98m, sales [...]

EUR666m BMW's first quarterly operating loss since 2009. UK sees year on year sales rise at last, with a 11.3% increase to 174,887 vehicles. China auto industry shows signs of recovery after two-year slump. Honda [...]

South Korean sales rise 10% (to 144,422 units)in July. Geely's Volvo sells 600,000 vehicles on Compact Modular Architecture platform. Lear, an American company that manufactures automotive seating and automotive electrical systems, records a new net [...]

BYD delivers ten eBus to city of Pecs, a southern Hungarian city. Volkswagen opens a vehicle assembly facility in Ghana. Delphi Technology PLC demonstrates its leadership in technology advances, product performance and competitiveness fuel new [...]

Ford Q2 results battered by pandemic. Porsche H1 sales of 9.9% and profit down. CATL(Contemporary Amperex Technology) to supply Trailer. Dynamics heavy truck-trailer batteries. Aptiv, a Jersey-domiciled auto parts company headquartered in Dublin, Ireland, posts [...]

UK car production down 48.2% with 56594 units production. Toyota Motor and its subsidiaries reported a 21.6% drop in global sales in the first 6 months in 2020. Hyundai Motor plans EV( electric vehicle) production [...]

GM books $0.8bn loss in Q2. PSA introduces new Electric Vehicles platform. Audi uses drones to locate vehicles ready for dispatch at Neckarsulm. The US light vehicle market holds back July sales. BMW I Ventures [...]

Global light vehicle sales continue to improve Nissan warns of record operating loss of $4.5bn loss this year. Ex-Renault CEO Mr. chairman Mr. Chandrasekaran becomes Jaguar Land Rover chief PSA Group remains profitable in first [...]

Veoneer narrows Q2 loss, net sales down 62% to US$184milion. BMW plans a hydrogen fuel cell variant of X5. Volvo's sales goal 800,000 to 2021. Electric Vehiclesmaker-Via Motors Inc is to raise $250million. VW Mexico [...]

VW, together with AWS and Siemens is opening up its Industrial Cloud as B2B marketplace. Audi chief expects car sales to reach pre-COVID-19 levels only by 2022 or 2023. Weak demand hits Hyundai Motor Q2 [...]

Great Wall Motors unveils two new vehicle platforms(Coded Lemon and Tank, investment of over $2.86billion) and a digital platform ( coded Smart Coffee) for transitioning into a global technology mobility company. Ford gets a $643M [...]

Ford Bronco launch editions sell out-SeekingAlpha.com reported Navistar (makes international commercial trucks)invests in autonomous trucking company TuSimple(a global self-driving technology company) to co-develop SAE Level 4 self-driving trucks targeted for production by 2024 PSA will [...]

Volkswagen-SAIC JV to make Audi sedans in Shanghai(VW AG and its Chinese joint venture partner SAIC Motor plan to invest 4.13 billion yuan=$590 million to revamp their car plants in Shanghai to make new Audi [...]

Brazilian market collapses (Accounting for 4.5% of Brazil's GDP, the automotive sector is the most vulnerable sectors in this COVID-19 pandemic ) Rivian announces $2.5billion investment round Toyota Europe increases its market share in 2020 [...]

Tenneco appoints Kevin Baird as COO, effective August 3, 2020 CATL(China's Contemporary Amperex Technology Limited) and Honda Motor agree EV battery strategic alliance Toyota, Mitsubishi may miss Philippine incentives targets. (The sharp decline in the [...]

Tesla "very close" to level 5 autonomous driving (Elon Musk said on Thursday) Royal Mail trials electric taxi van in UK First NEV(New energy ) model co-developed by GAC Group, Mitsubishi to be mass production [...]

The UK automotive industry trade body SMMT said it was disappointed with the UK chancellor of exchequer's GBP 300billion post-virus stimulus package announced on 8 July because there was little to aid the sector. Fiat [...]