Specialist engineering consultancy Drive System Design Inc. is investing over $2m by expanding into a new Farmington Hills, Michigan facility. The new premises will enhance the company’s test & development capabilities and provide an expanding customer base with the ability to deliver programs from concept to vehicle prototype. To complement the new North American headquarters, [...]

Mitsubishi Motors Corporation (MMC) announced today it had passed the milestone of exporting four million vehicles from Thailand and held a ceremony at Laem Chabang, Chonburi Province. Mitsubishi Motors (Thailand) Co. Ltd., MMC’s subsidiary in Thailand, has three car-production plants and an engine facility in Chonburi Province which have become the company’s largest manufacturing centre [...]

The Tracton Group has announced that it increased operating profits by €212m during first half of this year compared to the same period last year. The Group generated sales revenue of €13.5bn compared to the previous year of €12.6bn. Last year’s figure also included the sales revenue of Volkswagen Gebrauchtfahrzeughandels und Service GmbH (VGSG), which [...]

The PSA Groupe has reported strong figures for the first half of 2019, with Groupe revenue recorded at €38.34m, operating income of €3,338m and consolidated net income of €2,048m, an increase of €335m compared to 2018 Carlos Tavares,chairman of Groupe PSA managing boardsaid, ‘Thanks to our focus on our strategic plan execution, we have delivered strong Free [...]