Euro Auto Trends


COMMENT: Regulatory concerns grow in China

Posted in New & Coming Models by jonas on the August 19th, 2014

There’s something going on in China that could weaken the outlook for margins and profitability in what has been a major source of profitability for the automotive industry globally.

JAPAN: Nippon Steel and Krakatau further define JV agreement

Posted in Current Models by jonas on the August 19th, 2014

Nippon Steel & Sumitomo Metal Corporation and PT Krakatau Steel, have defined an agreement concerning their joint venture, PT Krakatau Nippon Steel Sumikin (KNSS).

CHINA: Japanese companies fined in pricing probe

Posted in Market Trends,New & Coming Models by frank on the August 19th, 2014

China’s antitrust regulator has fined Japanese bearing makers NSK and NTN a combined (US$47m) for violating rules in the latest clamp down on alleged industry pricing practices.

CHINA: Additional capacity for Shanghai GM in Shenyang

Posted in Market Trends,New & Coming Models by frank on the August 19th, 2014

Production has started at the Shanghai GM Norsom Motors’ third-phase vehicle and engine plant in Shenyang, the capital of Liaoning province

CHINA: Samsung battery plant targets China EV boom

Posted in Market Trends,New & Coming Models by frank on the August 19th, 2014

Construction has started on China’s largest production base for vehicle batteries, a US$600m investment in the Xi’an Hi-Tech Industrial Development Zone led by Samsung of South Korea.

US: Continental invests in Silicon Valley expertise

Posted in Current Models,Market Trends by jonas on the August 19th, 2014

Continental has formed a business unit headquartered in Silicon Valley to focus on high tech future transport solutions for the automotive industry.

JAPAN: Mazda reportedly working on diesel-electric hybrid engine

Posted in Market Trends by jonas on the August 19th, 2014

Mazda is developing a diesel-electric hybrid engine, which will boast of a fuel economy rate of 2.5 l/100km, The Motor Report said citing The Yomiuri Shimbun.

CHINA: Brilliance posts profit jump, but warns on outlook

Posted in Current Models,Market Trends,New & Coming Models by jonas on the August 19th, 2014

Brilliance China Automotive Holdings has said its net profit rose 79% to 3.63bn yuan in the first six months of the year.

BELGIUM: Wabco secures brake actuator European truck contract

Posted in Market Trends,New & Coming Models by frank on the August 19th, 2014

Wabco Holdings says it has been awarded a new long-term agreement by an unnamed manufacturer of commercial vehicles headquartered in Europe for brake actuator technologies on a truck platform that will enter markets in south-east Asia.

CHINA: Samsung SDI creates joint venture with Sungrow

Posted in Current Models,New & Coming Models by frank on the August 19th, 2014

Samsung SDI says it has signed a MOU on the establishment of a ESS (energy storage system) joint venture with Sungrow of China.

INDIA: Mercedes to hike prices in India

Posted in Current Models,New & Coming Models by frank on the August 19th, 2014

Mercedes-Benz India has announced an upward revision of the price of its models effective from 1 September.

ARGENTINA: Posco to start lithium plant

Posted in Market Trends,New & Coming Models by jonas on the August 19th, 2014

Posco says it is to start construction of a lithium plant in Argentina with an annual production capacity of 200t, due to commence operations at the end of December.

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