Consulting analysts in tomorrow’s commodities and technologies

News

AUTO PRODUCTION: Continental to Eliminate Jobs, Cut Costs in Shift to E-Cars

Continental AG plans to eliminate jobs and may sell some combustion-engine component businesses, deepening an overhaul at the German automotive supplier caught up in the disruptive industry shift to battery-powered vehicles.

View full story

AUTO PRODUCTION: Tens of thousands losing jobs as India's auto crisis deepens

NEW DELHI (Reuters) - Slumping sales of cars and motorcycles are triggering massive job cuts in India’s auto sector, with many companies forced to shut down factories for days and axe shifts, multiple sources said.

View full story

AUTO PRODUCTION: UK car production down 20% in first half

Data released by the SMMT shows that car output fell 20% during the first half of the year as the UK automotive trade body also warned that the industry is incurring substantial Brexit mitigation costs ahead of the UK's planned departure from the EU trade bloc on October 31st.

View full story

AUTO PRODUCTION: BMW will cancel several models to cut expenses, says report

As BMW cancels niche models and prepares to release new ones, it's in the middle of a transformative restructuring process that will allegedly force many enthusiast-approved nameplates out of its line-up. An unverified report claims the firm will pluck slow-selling models from its range to significantly trim its operating expenses during the 2020s.

View full story

AUTO PRODUCTION: Fiat Chrysler's Europe arm forecast to have 'break-even' Q2; long-term outlook less positive

Fiat Chrysler Automobiles is expected to report positive quarterly financial results on Wednesday as gains in North American are forecast to help offset the automaker’s slumping sales in Europe.

View full story

AUTO PRODUCTION: Toyota tries sun power to boost Prius

TOKYO — How can Toyota make the world's bestselling green car, the Prius, even greener? Cover the top with solar panels and run it on sun power. That's the goal of a trial Toyota is starting this month in Japan. The system generates enough power to drive the Prius PHV for about 35 miles (56 km).

View full story

AUTO PRODUCTION: London study suggests PHEV vans a practical, accessible solution for cleaner air in European cities

Three months since the introduction of the Ultra-Low Emissions Zone (ULEZ) in London, results of a year-long trial in the capital suggest that plug-in hybrid electric (PHEV) commercial vehicles could present the most practical, readily available option for businesses trying to meet clean-air targets in cities.

View full story

AUTO PRODUCTION: Hyundai Unveils World's First CVVD Engine Technology with Improved Performance and Less Emissions

The world-first technology, controlling timing of valve opening and closing according to driving conditions, is set for mass production

View full story