Toyota Motor Corporation on Friday reported a stunning year on year fall in its full fiscal year operating profit from 2.27 trillion yen to a loss of JPY461bn. It also forecast that the operating loss for fiscal 2009/10 would almost double to JPY850bn but estimated that, through the reduction of variable and fixed costs, it would achieve a total profit improvement of around JPY800bn in fiscal 2010.
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Fiat CEO Sergio Marchionne is convinced that a merger of Fiat Group's car business with General Motors' Opel brand is the best way to give Opel a future.
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Fiat CEO Sergio Marchionne is convinced that a merger of Fiat Group's car business with General Motors' Opel brand is the best way to give Opel a future.
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Fiat CEO Sergio Marchionne is convinced that a merger of Fiat Group's car business with General Motors' Opel brand is the best way to give Opel a future.
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ZF and Continental have agreed on a strategic alliance to develop and produce hybrid drives for commercial vehicles.
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Audi sold 5.6 percent fewer Audi brand cars in April than in the same period last year, but managed to raise sales in Asia, it said. "We're moving in the right direction.
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GMAC Financial Services last night said it would raise its capital by US$11.5bn by 9 November, after the Federal Reserve's Supervisory Capital Assessment Program (S-CAP; otherwise known as the 'stress test'). Of that, $9.1bn must be new capital, the auto financier added.
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Hi-tech car cover’s top protection.
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Planning a foreign driving trip? The Continentals do some things very differently to us: our guide will help you be prepared...
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The Subaru Legacy is growing – and here is the picture that proves it! This is the firm’s all-new model (pictured), which made its debut at the New York Motor Show this week.Fresh from the ground up, the Legacy is 35mm longer, 90mm wider and 80mm taller than the car it replaces.
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New device looks good, although its multi-touch screen has to be pressed hard to function.
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It can be all too easy to lose your motor in a car park, especially if it’s an unfamiliar location.
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Cleaner shifts dirt effectively.
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Buff like a pro with polisher.
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Power-crazy driver makes big impact.
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Strong car wash goes the distance.
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Emergency bulb set to the rescue.
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Get a load of electric bike carrier.
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Hit track with the pros at vauxhall!
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