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May 2019

Eberspaecher increased consolidated revenues to 4.6 billion Euro in 2018

In 2018, the Eberspaecher Group increased its consolidated revenue to around 4.6 billion Euro […]

Petre Barac Posted On May 22, 2019

Toyota expects fuel cell prices to match hybrids

Toyota believes the price of fuel cell cars will match those of hybrids “within […]

Petre Barac Posted On May 22, 2019

Daimler plans to cut administration costs by 20 percent, report says

Incoming Daimler CEO Ola Kallenius is working on a cost-reduction program to reach profit […]

Petre Barac Posted On May 21, 2019

Dacia gains momentum despite declining car sales in Europe

The number of new cars registered in the European Union decreased by 0.4 percent […]

Petre Barac Posted On May 20, 2019

Nissan retains Saikawa as CEO, puts focus on Renault ties

Nissan said on Friday that Hiroto Saikawa would stay on as chief executive, backing […]

Petre Barac Posted On May 17, 2019

Michelin to buy telematics group Masternaut

French tire maker Michelin has agreed to buy telematics company Masternaut for an undisclosed […]

Petre Barac Posted On May 16, 2019

Bosch to go for platinum-light fuel cells, report says

Global automotive supplier Bosch expects platinum to play only a minor role in its […]

Petre Barac Posted On May 13, 2019

German auto supplier invests 10 million Euro in Romanian cable factory

German producer of electrical and electronic equipment Mennekes, with operations in more than 90 […]

Petre Barac Posted On May 13, 2019

Nissan to cut 600 jobs from Barcelona plant

Nissan’s Spanish unit has reached an agreement with unions to cut 600 jobs at […]

Petre Barac Posted On May 10, 2019

Kirchhoff Automotive opens new plant in Romania following ten million Euro investment

It took less than a year from the start of construction to series production […]

Petre Barac Posted On May 9, 2019