German giant planning new eco city car which blends stylish looks with great economy.
Read more ...
Visteon Corporation on Thursday (30 October) announced a higher third quarter net loss of $188m, or $1.45 per share, on total sales of $2.11bn.
Read more ...
The head of a leading European auto lobby group has predicted that the continent's vehicle market will see a further drop in sales in the fourth quarter.
Read more ...
The head of a leading European auto lobby group has predicted that the continent's vehicle market will see a further drop in sales in the fourth quarter.
Read more ...
Automotive retail and service company Asbury Automotive Group Inc. said today its earnings fell 68 percent amid a deep slump in the U.S. auto market and turmoil in the credit markets.
Read more ...
US auto sales could be down by as much as 30% year on year in October 2008, according to a top Hyundai Motor executive.
Read more ...
The head of Mazda said on Thursday he did not expect any change in the Japanese automaker's relationship with Ford Motor, amid reports that the struggling U.S. automaker would sell part of its controlling stake.
Read more ...
Toyota Motor has denied reports that it had been approached by General Motors for help combating its current business problems.
Read more ...
Auto parts maker Lear Corp. today posted a third-quarter loss due to sharply lower vehicle production in North America and Europe. The net loss came to $98.2 million on revenue of $3.
Read more ...
Auto parts maker Lear Corp. today posted a third-quarter loss due to sharply lower vehicle production in North America and Europe. The net loss came to $98.2 million on revenue of $3.
Read more ...
Ford's Brazilian unit unveiled concepts called the Beauty and the Beast at the auto show here. Both concepts are based on Ford's Ka minicar. Ford said the concepts were created to add glamour to the Ka and they are not planned for production.
Read more ...
The Volkswagen Group has confirmed its full year financial targets despite the on-going difficulties many of its rivals are experiencing in the current economic climate.
Read more ...
Auto parts maker TRW Automotive Holdings Corp. today posted a quarterly loss due to lower demand and higher restructuring charges, and gave a full-year earnings outlook below Wall Street estimates.
Read more ...
Continental AG as issued a lower revenue forecast for 2008 and confirmed a revised margin goal for 2008. The company also reported a rise in its consolidated sales for the first nine-months, which were boosted by the acquisition of Siemens VDO.
Read more ...
Operating profit at Mazda, 33.4% owned by Ford, for the first half of fiscal year 2008 was down 17% year on year to JPY60.7bn but JPY10.7bn yen better than originally forecast at the beginning of the year.
Read more ...
Tenneco is to axe 1,100 jobs worldwide as it attempts to cut costs and capacity in response to the worsening auto industry downturn.
Read more ...
Mitsubishi Motors (MMC) has posted its first first-half net profit since fiscal year 2002.
Read more ...
China's Dongfeng Automobile has reported a fall in its third quarter quarter net profits, despite a rise in turnover.
Read more ...
Vehicle sales in the ASEAN region's top six markets rose by 19.2% to 1.62m units in the first nine months of 2008, with most markets performing positively during this period.
Read more ...