The automotive supply industry is the top private investor in research and development in Europe with €30 billion invested annually and accounts for 1.7 million direct jobs with 39,000 patents each year, said Matthias Zink, CLEPA president, but added that it will face a challenging future. He (right) told memberts of the European Association of … [Read more...]
Newslines 27 October
The RAV4 Plug-in, Toyota’s flagship hybrid model, has been named as the most satisfying new car to own in a survey of more than 50,000 motorists by consumer champion, Which?. The survey, conducted annually, lists the nation’s favourite and least favourite cars, based on customer satisfaction scores and the likelihood of an owner recommending their car model … [Read more...]
Tradelines 19 October
The German car industry could grind to a halt over energy costs faced by component suppliers. The major motor manufacturers have taken steps to fix their energy costs but further down the supply chain the smaller parts makers are said to be struggling and facing cost increases they cannot manage so want to renegotiate terms with their customers or cease … [Read more...]