Articles

  • Germany: Grammer saw EBIT loss of €24.5m in 2009

    German seating systems supplier Grammer has reported preliminary financial data for the final quarter of 2009 and for the full year, indicating a stronger conclusion to 2009. According to the preliminary figures, the company’s Automotive operations generated revenue of approximately €144m in Q4 2009, up around 5% from the €137m reported

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  • Czech Republic: Henniges to cut 250 jobs at Ostrava

    Henniges Automotive’s insolvent Czech subsidiary plans to give notice to approximately 250 of the 350 workers at its plant in Ostrava, local press agency CTK reports. Production at the factory has been significantly reduced because the company’s major customer Volkswagen stopped buying its fittings. In addition, a new investor that

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  • India: Wabco-TVS in supply deal with Mahindra Navistar

    Wabco-TVS, the Indian joint venture between Wabco Holdings and the TVS Group, has arrived at an agreement with Mahindra Navistar Automotives (MNAL) for development and long-term supply of air compressor technology, products for braking systems, and clutch servo technology. MNAL is a JV between Indian utility vehicle manufacturer Mahindra &…

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  • US: Honeywell sees turbo market share boost

    Honeywell has announced that, with the launch of Ford’s 2011 Super Duty Trucks, its Turbo Technologies operation will effectively be turbocharging 70% of the US diesel light truck segment. Ford’s new 6.7-litre Power Stroke engine in its F-250 and F-350 models uses Honeywell’s Variable Nozzle Turbine (VNT) DualBoost turbocharger, a…

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  • South Korea: Local OEM sales up 62%

    Following the expiry of temporary tax breaks at the end of 2009, combined new vehicle sales at the five South Korean OEMs dropped by 24% compared with December 2009 to 119,000 units last month. This figure was, however, up 62% compared with January 2009, when the companies reported depressed sales

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  • US: Navistar MaxxForce 13 to offer NG capability

    Navistar is enlisting the help of Clean Air Power to develop its MaxxForce 13 big bore engine to run on natural gas and clean diesel fuel. MaxxForce 13 natural gas engines using Clean Air Power’s Dual-Fuel combustion technology will initially be targeted at the North American haul tractor market with

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  • Articles

    France: Renault to focus on free cash flow in 2010

    Renault has reported revenue of €33,712m (US$46,492m) for 2009, a decline of just over €4,000m, or 10.8% from the €37,791m reported in 2008. Of the 2009 total, €31,951m was generated by the Automobile division and €1,761m from the sales financing activities, down 10.7% and 12%, respectively from the 2008 results. The…

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  • Articles

    Japan: Toyota to suspend build of two hybrid models

    Following the recall announcement covering Toyota’s Prius, Prius plug-in hybrid, Sai and Lexus HS250h models, the Japanese OEM has said that it will suspend production of the HS250h and Sai hybrid models from 13 to 20 February. The recall, which affects around 223,000 vehicles in Japan and 150,000 units in…

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  • Articles

    US: Kia unveils Ray plug-in hybrid

    Kia has unveiled its Ray Plug-in Hybrid concept at the Chicago Auto Show. The eco-friendly vehicle is part of Kia’s EcoDynamics sub-brand of fuel-efficient and low-emission models. The futuristic four-seat compact sedan is based on the Kia Forte platform. Designed by Kia’s Design Centre America in California, the Ray demonstrates…

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  • Articles

    Russia: Fiat and Sollers to sign new JV agreement

    Fiat and its Russian partner Sollers are expected to sign a new joint venture agreement today (11 February) to build Fiat and Chrysler models, reports Dow Jones, citing a statement from the Russian government. A total of €2.4bn (US$3.3bn) will be invested in the new project, which will build up

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  • Articles

    France: Nissan unveils its new crossover Juke

    Nissan has unveiled its all-new small crossover, the Juke. In Japan, the Juke will go on sale this summer. A European and North American launch will follow in the autumn. Codenamed P12C, the Juke is based on Renault Nissan Alliance’s B platform, which has been extended and widened to allow…

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  • Articles

    US: Honda debuts Odyssey Concept at Chicago

    Honda’s Odyssey Concept, unveiled at the Chicago Auto Show, introduces a new exterior styling direction for the next generation minivan, scheduled to arrive this coming autumn. The concept model has a slightly lower roofline (-1.0 inch) and wider stance (+1.4 inch) than the current third-generation Odyssey, measuring 202.8 inches long,

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  • Articles

    US: CARB offers grants to hybrid truck and bus buyers

    The California Air Resources Board (CARB) is to make available a total of US$20m in subsidies to encourage commercial vehicle buyers to specify diesel-electric hybrid vehicles. The newly-announced Truck and Bus Voucher Incentive Program is intended, says CARB, to offset up to half the incremental cost of eligible hybrid medium-

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