Schaeffler's third quarter net income up 72% to $361 million

Nov 10, 2017    Tier Suppliers

German supplier Schaeffler has reported a growth of 72% year-on-year (y/y) in net income to $361 million during the third quarter ended 30 September 2017, the company has said.

Zero-emission Mercedes-Benz Citaro city bus with all-electric drive due in 2018

Nov 10, 2017    Vehicle Launch

The countdown to zero emission buses has started: towards the end of next year, Mercedes-Benz will be starting series production of a city bus with all-electric drive system based on the international best-seller, the Mercedes-Benz Citaro.

Volvo's Håkan Samuelsson wins Germany's most prestigious automotive business award

Nov 10, 2017    People

Håkan Samuelsson, Volvo Cars' president and chief executive, has been awarded the prestigious Golden Steering Wheel award, honouring the year's best performing manager in the car industry, according to German publishing house Springer.

New Lexus LS equipped with two newly developed Aisin products

Nov 10, 2017    Tier Suppliers

The recently released 2018 Lexus LS is equipped with two newly developed Aisin products: an air suspension system and a pneumatic seat system.

Lexus CT200H refreshed with interior updates and innovative new equipment

Nov 10, 2017    Vehicle Launch

Updated exterior and interior styling for Lexus' original hybrid luxury compact hatchback with larger Lexus Navigation System display and Lexus Safety System + active safety and driver assistance features.

Polestar goes from strength to strength with new communication appointment in the US

Nov 10, 2017    People

The Public Relations and Communications team of Polestar, the new Electric Performance brand of Volvo Cars, has been expanded with the appointment of John Paolo (JP) Canton as Public Relations and Communications, Americas.

NVIDIA Q3 net income increases 55% y/y to $838 million on higher sales

Nov 10, 2017    Tier Suppliers

The connected car hardware and software company, which styles itself as a 'visual computing leader', expects growth momentum to continue in the fourth quarter.

Freight Transport Association addresses skills shortage at UK biggest careers event

Nov 10, 2017    People

How can businesses attract new talent into the freight and logistics sector? Currently (Nov 2017), the sector needs 52,000 LGV drivers across the country and FTA members report difficulties in recruiting skilled technicians.

Magna's third-quarter net income steady at $503 million despite 7% y/y sales lift

Nov 10, 2017    Tier Suppliers

Magna's net income remained stable at $503 million in the third quarter which ended September 2017.

Northern Automotive Alliance winners show how the region has moved up a gear

Nov 10, 2017    People

The winners of the Northern Automotive Alliance (NAA) Awards 2017 show that there is real progress being made in the region's automotive sector, in areas as diverse as emission control, the manufacture of bespoke supercars, sustainable carbon fibre production and factories harnessing the latest Industry 4.0 technologies.

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