Daily automotive news - from just-auto.com
Updated: 20 min 24 sec ago
Denso has posted first half net sales totalling JPY2.07bn (US$18.9bn), a 4.2% rise, while consolidated operating income was JPY161.3bn (US$1.5bn), a 16.1% decrease from the previous year.
TE Connectivity says full-year net sales were US$13.9bn, up 5% on an actual and organic basis versus the prior year, while fourth quarter net sales increased to US$3.58bn.
Skoda says that deliveries of its vehicles so far this year (to the end of September) are up 13% to 774,100 vehicles.
Johnson Matthey says it has entered into an agreement to acquire the battery materials business of Clariant for US$75m.
BorgWarner has booked third quarter net sales of US$2.03bn, up 13%, while operating income was US$238m.
Norsk Hydro ASA's underlying earnings before financial items and tax (EBIT) rose to NOK1.5bn (US$223m) in the third quarter from NOK544m in the second quarter.
A consortium of businesses including BOC and Honda have joined the Swindon mayor Cllr Teresa Page, and other dignitaries at a ceremony to mark the official launch of the UK's first commercial scale solar-powered hydrogen production and refuelling facility.
The National Highway Traffic Safety Administration (NHTSA) has sent a special order to TK Holdings, Takata's American unit, asking for documents related to the defective airbags.
Tata owned Jaguar Land Rover (JLR) has officially opened its new "Engine Manufacturing Centre" in the English West Midlands.
Oerlikon says Group sales grew 26% to CHF877m (US$913m), with order intake up 19% to CHF845m.
Kongsberg Automotive (KA) says it has received nomination from a major - unnamed - European OEM for supply of the complete manual gear shifter system.
Chinese vehicle maker BYD has posted a 26% drop in its third quarter profit (at 22.8 million yuan) and forecast that full-year 2014 profit could be down by over 20%.
BMW says that its Chennai plant has rolled out the 40,000th locally assembled car.
An Infiniti spokesman has told just-auto.com that the aged QX50 crossover will not be replaced "in the near future". This follows the recent introduction of a made-in-China version of the now seven-year old model.
CNH Industrial has posted third quarter net income of US$162m, down from US$275m, with revenues totalling US$7.7bn, down from US8.2bn last year.
General Motors will add 263,000 sq ft to its newest plant in North America, the Lansing Delta Township facility in Michigan, which was opened in 2006.
LG Chem has held a ground breaking ceremony for the construction of electric-car battery plant in Nanjing, China, to meet what it describes as "growing demand in the world's biggest car market"
Eaton says operating earnings for the third quarter, excluding pre-tax charges of US$19m to integrate recent acquisitions, were US$616m, an increase of 15%.
BMW luxury car subsidiary Rolls-Royce Motor Cars has announced the official opening of its first showroom in Azerbaijan - Rolls-Royce Motor Cars Baku.
Goodyear has posted third quarter segment operating income of US$520m million, up 21%, with what it says are record North America Q3 earnings up 30% to US$210m.