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Oct
24th

Ford plans to overhaul Lincoln with $5 billion push, report says

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New Ford CEO Mark Fields, with the renewed backing of Executive Chairman Bill Ford and the company's board, has committed the automaker to a multiyear, multibillion-dollar overhaul of Lincoln that includes a significant investment in a new premium...No tags for this post.
Oct
24th

GM wins appeal, dismissal of Spyker lawsuit upheld

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GM persuaded a federal appeals court to uphold the dismissal of a $3 billion lawsuit in which Spyker accused it of derailing a plan to sell the Swedish automaker Saab to a Chinese company.No tags for this post.
Oct
24th

Fiat Chrysler’s targets seen at risk as N.A. still pressured

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Fiat Chrysler Automobiles could find it tough to meet its 2014 profit guidance and may cut forecasts when it reports quarterly results next week as slowly recovering North America profit margins may fail to fully offset weakness in Europe and Latin...No tags for this post.
Oct
24th

NHTSA in line for cultural overhaul after airbag meltdown

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The agency that botched a campaign to publicize a potentially lethal Takata airbag defect affecting 7.8 million U.S. cars is reviewing its safety culture, according to a senior Obama administration official.No tags for this post.
Oct
24th

Ford snubs bid to divert Mexico investment to Canada, union says

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Ford has rejected a proposal to invest in engine plants in Windsor, Ontario, and decided to put the money in Mexico as the automaker originally planned, the head of Canada's autoworkers' union said.No tags for this post.
Oct
24th

NHTSA to brief House committee on Takata airbag recalls

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The National Highway Traffic Safety Administration will brief members of the House Energy and Commerce Committee next week on the agency's investigation and recalls of Takata airbags.No tags for this post.
Oct
24th

Tesla Model III could spawn SUV and estate

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Tesla Model 3 - front 2
News 24 Oct, 2014

Tesla's Model 3 compact executive car will lead a new range of smaller electric models to take the fight to BMW and Audi

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Oct
24th

US: Gentex posts net income up 30% to US$72m

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Gentex has posted net income for the third quarter of 2014 up 30% to US$72m, compared with net income of US$56m in the third quarter of 2013.3.No tags for this post.
Oct
24th

Lotus Exige S to get automatic gearbox

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Lotus Exige S front cornering
News 24 Oct, 2014

Lotus has bitten the bullet and is set to offer an automatic gearbox in its Exige S track car

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Oct
24th

Asbury names former Group 1, RML exec David Hult COO

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Former Group 1 and RML Automotive executive David Hult will become the next COO of Asbury Automotive Group Inc. as the public retailer expands a used-car store initiative and looks to grow through acquisitions.No tags for this post.
Oct
24th

Audi to join F1 in 2016

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Audi Le Mans car
News 24 Oct, 2014

Audi poised to ditch endurance racing and touring cars in favour of assault on F1 from 2016

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Oct
24th

THE WEEK THAT WAS: Interesting, interesting…

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If I had to think of one adjective to describe this week's autobiz news, 'interesting' is as good a fit as any. Bit of this, bit of that.No tags for this post.
Oct
24th

2015 BMW X5 M and X6 M: spy shots and teaser video – pictures

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Oct
24th

US: Ford Q3 pre-tax profit plunges $1.4bn

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Ford Motor Company on Friday (24 October) reported 2014 third quarter pre-tax profit down $1.4bn year on year to $1.2bn though it was nonetheless the automaker's 21st consecutive profitable quarter.No tags for this post.
Oct
24th

Safety tips for motorists when the clocks go back

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Cyclist winter
News 24 Oct, 2014

The clocks go back at 2am on Sunday 26th of October. Protect cyclists and pedestrians with these winter road safety tips

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Oct
24th

2015 BMW X5 M and X6 M: spy shots and teaser video

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BMW X5 M spy shots
News 24 Oct, 2014

New spyshots show the next BMW X5 M with a mild disguise while BMW releases a teaser video showing this and new X6 M

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Oct
24th

COMMENT: Sweden looks to warm up emerging markets

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It's as if the Cold War never went away.No tags for this post.
Oct
24th

Lear says Q3 profit rises 24% as global production grows

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Lear, which supplies auto seats and electrical power systems, today reported a 24 percent rise in quarterly profit, helped by a rise in global vehicle production.No tags for this post.
Oct
24th

Delphi Q3 profit rises on higher demand in Asia, North America

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Delphi Automotive today reported a 12.5 percent rise in quarterly profit as demand for its auto parts rose in Asia and North America.No tags for this post.
Oct
24th

BRAZIL: Honda imports Civic Si coupe from Canada

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Making use of its new 9,600 units a year quota limit for additional IPI excise tax exemption, Honda is, for the first time, importing the Civic Si 2-door coupe version - from Canada.No tags for this post.
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