Fiat Chrysler Automobiles (FCA) has reported substantial growth in the second quarter of 2016, with earnings before interest and tax (EBIT) up 16% to €1.6bn. Margins improved significantly in EMEA (Europe, Middle East and Africa), while FCA’s market share in the US increased to 12.7%. It also remained market leader in Brazil with 17.8% market [...]

During an interview by BBC Television World News, Dr Peter Harrop, chairman of analysts IDTechEx, suggested the Tesla gigafactory was ‘part of a bigger race’ to supply battery power. In the interview, Dr Peter Harrop focused on the opening of the Tesla battery gigafactory billed as ‘the world’s largest factory building’. Media reports had suggested [...]

The Volkswagen Group saw a year-on-year increase in deliveries of 5.1% during June. It handed over 883,400 vehicles to customers while, in total, deliveries for the first half of 2016 ran at 5.12 million units, representing an increase of 1.5% over the same period in 2015. While the regions of Europe and Asia-Pacific continued to [...]

Wunelli, a LexisNexis Risk Solutions company, has selected Vodafone as one of its chosen suppliers for insurance telematics products. As an appointed provider for the supply of highly reliable telematics units and mission critical data, Vodafone will play an important role in the telematics offering from Wunelli. Vodafone will assist Wunelli in providing insurers with [...]

PSA Group has acquired a majority share in Autobutler, an online quote platform for vehicle maintenance and repair. PSA Group claims the move strengthens its multi-brand aftermarket offering, particularly for ‘smart buy’ customers seeking the best value for money. It will also help the Group to develop business in its own networks, expand its customer [...]