Automotive DECODED
Latest edition: 16 May 2024
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Spotlight
2024 future product report: Ford
Ford has hit the reset button on global electrification, so where does that leave its future model plans?
Latest news
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Truett-Hurst, announced that beginning Fall 2014 and Spring 2015, Total Wine & More, "America's Wine Superstore" will be adding several new Truett-Hurst SKU's to their wine listings.
Honda cutting jobs in China
Honda is scaling down its full-time production workforce in China, with around 1,700 employees voluntarily agreeing to leave one of its JV vehicle manufacturing operations there.
Global light vehicle sales improve slightly in April
The global light vehicle market shows a modest improvement in April, according GlobalData
Alphabet's Waymo faces self-driving probe
Due to robotaxis’ "unexpected” driving behaviour
FAW-VW to build new SUVs in Tianjin
One of Volkswagen Group’s main joint ventures in China, FAW-Volkswagen Automobile, plans to invest CNY2.3bn (US$324m) to introduce three new SUV models at its assembly plant in Tianjin, according to local reports.
Volklec to make EV batteries in the UK
A new UK manufacturing start-up making batteries for electric vehicles, called Volklec, has launched.
Chinese auto battery makers invest in Morocco
Planning combined investments of over $900m
Canada welcomes Asahi Kasei battery component plant
Following an earlier announcement, Canadian federal and provincial government officials have "welcomed" Asahi Kasei Corporation's investment of approximately C$1.6bn to build an EV battery separator plant in Port Colborne, Ontario.
CAS Q1 sales down but profit up
China Automotive Systems, the power steering components and systems supplier, said Q1 sales were down 2% to US$139.4m, gross profit increased 11.6% to $24.1m with a gross margin of 17.3% (versus 15.2% a year ago) and operating income increased 26% to $9.7m.
APAC automotive active and passive safety systems market to expand at 2.6% CAGR over 2023-28
Increased automation in the automotive sector via electronic devices are driving the automotive sensors market
In our previous edition
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15 May 2024
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Lightstate CEO: “We need to entice people into the new green world”
14 May 2024
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New Volkswagen Tiguan - class leader?
13 May 2024
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