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Alcoa looks expensive, but analyst feels shares could hold up
12 MAR 20142MINS

Alcoa looks expensive, but analyst feels shares could hold up

Alcoa’s had a great run to start off 2014–its stock has gained 15% so far this year–but its shares are looking mighty pricey. That doesn’t have to kill the stock, however. Morgan Stanley’s analysts note that at 34 times 2014 earnings forecasts, Alcoa looks more than a little expensive. Its...

Automotive technology roadmap to guide EEV development
06 MAR 20145MINS

Automotive technology roadmap to guide EEV development

HIGH technological capability is predominant to realise the nation’s aspiration to develop the country as the hub for energy-efficient vehicle (EEV) manufacturing. Malaysia now possesses the fundamental technologies to support the development of the EEV industry, acquired from the nation’s...

Jaguar announces XE small sedan sports
06 MAR 20143MINS

Jaguar announces XE small sedan sports

Today Jaguar confirms that it will bring an all-new mid size sports sedan to production; the Jaguar XE. Speaking at the Geneva Auto Show Dr Ralf Speth, Chief Executive Officer, Jaguar Land Rover, confirmed: “We announced just a few weeks ago that our new Engine Manufacturing Centre would produce a...

Audi biggest models to be biggest losers
06 MAR 20142MINS

Audi biggest models to be biggest losers

The Audi A8 limousine and Audi Q7 SUV, the German brand’s biggest models, will lose significant weight for their next-generation models. Audi has confirmed the A8 will partly use the hybrid carbonfibre and aluminium construction being used by the new Lamborghini Huracan and its R8 supercar twin due...

Jaguar Land Rover resorts to light weighting & closed loop recycling
04 MAR 20144MINS

Jaguar Land Rover resorts to light weighting & closed loop recycling

There’s much more to the use of aluminium in the latest Jaguar Range Rover than just minimising body-in-white mass. And, of course, it shouldn’t be forgotten that Jaguar Land Rover pioneered the use of aluminium as far back as 1948 with the original Defender built from aluminium recycled from war...

Carbon-Aluminium hybrids to be a part of next generation Audis
03 MAR 20142MINS

Carbon-Aluminium hybrids to be a part of next generation Audis

Radical new carbon-fibre as well as aluminium’s hybrid pieces will soon be a part of the upcoming full generation of Audis. Dr Ulrich Hackenberg, Audi’s engineering boss, admitted that the new technology almost ready to debut in public in the Lamborghini Huracan at Geneva Motor Show next week, is...

Large Ford stores say cost of aluminum body shop will surpass $70,000
03 MAR 20143MINS

Large Ford stores say cost of aluminum body shop will surpass $70,000

Michigan Ford dealer Ed Joliffe has been calculating the cost of getting his body shop ready for the 2015 aluminum F-150 pickup, and finds the numbers sobering. "It's going to cost anywhere from $50,000 to $100,000. That's a hell of a chunk," says Joliffe, who owns Gorno Ford in suburban Detroit....

Jaguar Land Rover plans automotive a factory in Saudi Arabia: Reports
03 MAR 20142MINS

Jaguar Land Rover plans automotive a factory in Saudi Arabia: Reports

Jaguar Land Rover is planning to set up a new plant in Saudi Arabia, report says that. The industry minister of the Gulf Kingdom, Tawfig Fawzan Alrabiah, claimed the car giant of the Midlands was making plans for a plant that will manufacture Jaguar as well as Land Rover cars. JLR still continues...

Rio Tinto Alcan teams up with NRC to expand use of aluminium in vehicles
03 MAR 20142MINS

Rio Tinto Alcan teams up with NRC to expand use of aluminium in vehicles

Rio Tinto Alcan Inc, Canadian aluminium producer has signed a 5-year partnership with National Research Council of Canada (NRC) to expand aluminium use in light vehicles & trains. “We see that the demand in the automotive market will be growing within the next few years, so we want to find new ways...

Bonnell Aluminum begins production on New Extrusion Line dedicated to automotive
03 MAR 20141MINS

Bonnell Aluminum begins production on New Extrusion Line dedicated to automotive

Bonnell Aluminum, a subsidiary of Tredegar Corporation (TG), announced today that its new extrusion line has begun production, and the volume ramp-up is progressing as planned. “We are excited about our early entry to the automotive industry, at a time when fuel efficiency standards are driving...

Constellium and Alcoa to Benefit From Rapidly Growing Aluminum Sheet Demand
03 MAR 20144MINS

Constellium and Alcoa to Benefit From Rapidly Growing Aluminum Sheet Demand

As Original Equipment Manufacturers (OEMs) turn to aluminum from steel to further improve fuel efficiency and meet standards, automotive aluminum sheet industry is expected to register one of the fastest growth in the metals sector over the next several years. Industry experts and consultant...

Steel Industry concerned about  automakers move towards the aluminum industry
25 FEB 20144MINS

Steel Industry concerned about automakers move towards the aluminum industry

For nearly a century, Ford’s River Rouge factory and its neighboring steel mill have worked in close harmony to produce some of America’s most popular vehicles, from the Model A to the F-150 pickup truck. But ever since Ford announced last month that it would make the body of its new F-150 mostly...

Hydro boosts capacity for growth market in automotive products
25 FEB 20142MINS

Hydro boosts capacity for growth market in automotive products

Norsk Hydro ASA will invest in a new production line at its rolled products plant in Grevenbroich, Germany. The new line will increase annual capacity for aluminium car body sheet to 200,000 metric tons. "In the search for light-weighting vehicles and reducing CO2 emissions, automotive customers...

GM moves toward aluminum pickups in 2018
24 FEB 20141MINS

GM moves toward aluminum pickups in 2018

General Motors' executives insist they're not sweating Ford's 2015 aluminum F-150. They say they'll counter with redesigned mid-sized pickups and are working on updates to GM's freshly redesigned full-sized pickups. And it appears they'll be slinging plenty of aluminum of their own -- in about five...

Goldman Sachs Makes Bullish Comments on Aluminum
20 FEB 20142MINS

Goldman Sachs Makes Bullish Comments on Aluminum

Goldman Sachs maintained a Buy rating on Alcoa and a CL-Buy on Constellium N.V. Analyst Sal Tharani believes aluminum beverage can sheet could be the driver for the next leg of profit. "Downstream aluminum market has been benefiting from long term secular growth trends in various end markets. In...

General Motors Co. plans to secure aluminium for their trucks
19 FEB 20142MINS

General Motors Co. plans to secure aluminium for their trucks

General Motors Co. is making efforts to come up with a largely aluminum-bodied pickup truck by the end of 2018, under the pressure from federal fuel efficiency standards & archrival Ford Motor Co. The No. 1 U.S. auto maker signed a supply contract with Novelis Inc., and Alcoa Inc. which are working...

Massive training campaign planning for aluminum F-150
17 FEB 20143MINS

Massive training campaign planning for aluminum F-150

By the time Ford F-150 comprising of an aluminium body hits dealerships in fourth quarter, thousands of insurance estimators, collision repair technicians, Ford field staffers and many other staffs will have to attend the biggest industry training programs. F-150 is the biggest-selling vehicle in...

Jaguar revolutionizes automotive sector with its XJ aluminium body cars
11 FEB 20145MINS

Jaguar revolutionizes automotive sector with its XJ aluminium body cars

Jaguar has been a pioneer in aluminium-bodied cars, bringing a lightweight, series-production car – the X350-series XJ – to market in 2003. While there were other commercially available aluminium-bodied cars before that, none of them were aimed at the mass-market and in most cases they were largely...