German supplier Continental reported underlying operating profit collapsed during the first quarter amid plunging revenue, but it said on Wednesday it expected a noticeable improvement ahead.
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German supplier Continental reported underlying operating profit collapsed during the first quarter amid plunging revenue, but it said on Wednesday it expected a noticeable improvement ahead.
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German supplier Continental reported underlying operating profit collapsed during the first quarter amid plunging revenue, but it said on Wednesday it expected a noticeable improvement ahead.
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French tire manufacturer Michelin said first-quarter sales fell 14.2 percent to 3.5 billion euros. The company said its 2009 focus would be on cash as the auto industry battles the financial crisis.
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Renault plans to manufacture a new 1.6-liter four-cylinder diesel engine at a factory near the northwestern French city of Cleon.
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Denso Corp., the world's second-biggest partsmaker, is forecasting a second straight year of losses as a result of continued declines in European and U.S. new-car sales at top customers such a Toyota Motor Corp.
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The National Automobile Dealers Association, bracing for a possible General Motors bankruptcy, is asking dealers to contribute to a legal fund to protect their interests
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The president of the Canadian Auto Workers said he was told by Fiat S.p.A. chief Sergio Marchionne that Chrysler was likely to seek bankruptcy protection temporarily in the United States.
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Trucks exist that can tow a fifty-foot boat while hauling a quad, seating five people and leaving enough room behind for a few cases of pop and some fishing gear. The Honda Ridgeline isn't one of these trucks -- but for the day-to-day workload many pickup owners face, it offers appreciable flexibility, convenience and comfort.
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The Renault-Nissan Alliance today announced that Nissan (Nasdaq:
NSANY) and the City of Seattle are forming a partnership to advance zero-emission mobility by promoting the
development of an electric vehicle (EV) charging network. Nissan will introduce zero-emission vehicles in the United
States in 2010 and will mass market them globally two years later.
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Audi AG established Audi (China) Enterprise Management Co. Ltd., Beijing, on April 18, 2009. Its business purpose is to coordinate all Audi activities in China, in close cooperation with the Changchun-based joint venture FAW-VW. The new company's activities will include operating a test center for infotainment systems in Beijing.
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An official of Daimler said on Tuesday that even if Mercedes-Benz was to pull out of formula one, it would not save its struggling parent Daimler.
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Formula 1 team McLaren has been given a suspended three-race ban for bringing the sport into disrepute after Dave Ryan and Lewis Hamilton lied to stewards at the Australian and Malaysian Grands Prix.
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Red Bull Racing boss Christian Horner has dismissed speculation that Sebastian Vettel could be lost to the BMW-Sauber team in less than two years.
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After a meeting of the World Motor Sport Council on Wednesday, FIA president Max Mosley said Formula one will proceed with budget capping to be introduced next year.
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One solution to the swine flu crisis for formula one would be to stage grands prix without spectators in the stands.
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Coming next May 5th, regulars Stanton Barrett, Mike Conway, Robert Doornbos and Raphael Matos will begin preparations for the 2009 Indianapolis 500 in what is called Rookie Orientation Day.
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A1GP World Cup of Motorsport has been forced to cancel round eight of the 2008/09 season, A1GP Mexico City, Mexico on 22-24 May after the recent outbreaks of swine flu and the advisory from the UK Foreign Office to cancel non essential travel to the country.
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The first edition of the Enduro of the Champions Pole-Position Speed HD indoor karting event was held April 25 at Kart-O-Mania, Montreal. Twelve teams entered in the grueling and exhausting six-hour race, including one from Auto123.com.
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OTTAWA, April 29 /CNW Telbec/ - Canada's Transport Minister, John Baird,
announced today that Frito Lay Canada is the recipient of the 2009 SCL Green
Supply Chain Award. The award, which is issued by Supply Chain and Logistics
Association Canada (SCL), is sponsored by Transport Canada and was presented
yesterday in Vaughan, Ontario.
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