Designer's testimony fails to sway British court in Land Rover case

Austria-based AMS is seeking to expand its automotive sensor activities. Vehicles from China's Great Wall will use its technology in autonomous driving systems.

The diversified Canadian parts supplier is the latest of several major automakers to report losses this week as its customers shut production amid government-enforced lockdowns.

The supplier reported an adjusted operating loss of $209 million in the first half, as it trimmed expenses by more than $1 billion. Second-half results depend largely on whether the coronavirus pandemic can be contained, CEO Wolf-Henning Scheider said.

Both suppliers reported billions of dollars in lost revenue during the second quarter, but like other suppliers, mitigated the damage with major across-the-board expense cuts.

It was the best result for Europe's largest vehicle market this year and a big change from declines ranging from more than 60 percent to more than 30 percent between March and June.

Among the brands to report sales increases in July were Lada, Hyundai, Skoda and VW, data from the Association of European Businesses (AEB) showed.

Vila held the job for six months in 2019 before moving to a post in Asia. He returned to his previous role this month, replacing Roel de Vries.

Munich prosecutors have indicted three former board members and one retired department head, accusing them of fraud, false certification and criminal advertising.

PSA's mobility services unit, Free2Move, was recently spun off into a separate company. The new status grants it greater autonomy to develop its own apps and opens the way to seek outside funding.

VLF Automotive, co-founded by former GM executive Bob Lutz, filed a suit in California claiming that the Chinese EV startup tried to cut it out of a potential partnership to produce a "luxury Humvee" SUV.