Porsche Automobil Holding SE reported pretax profit at its core sports car business declined because of a sharp drop in vehicle sales and revenue in the first nine months of its fiscal year.
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Big gains on derivative bets linked to Volkswagen shares offset a decline in nine-month earnings at Porsche Automobil Holding SE's core sports car business, the heavily indebted holding company said on Friday.
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Big gains on derivative bets linked to Volkswagen shares offset a decline in nine-month earnings at Porsche Automobil Holding SE's core sports car business, the heavily indebted holding company said on Friday.
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Lamborghini has given notice to Mercury, Russia's biggest luxury group, that it will end their partnership because it is not satisfied with its services and sales performance, the Italian sports car maker said.
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Continental AG expects worldwide demand for passenger car tires to grow to nearly 1.25 billion units next year from the 1.2 billion units it expects this year, its passenger tire division head told a German magazine.
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Buicks' new tagline, "take a look at me now," is being unveiled in ads as General Motors launches the 2010 Buick LaCrosse. GM is airing the 30-second Buick spot nationally to "tease" the new LaCrosse sedan.
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Porsche Automobil Holding SE chided two prominent board members for commenting about the debt-laden German automotive group's financial condition while it seeks a 1.75 billion euro ($2.44 billion) state loan.
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Porsche Automobil Holding SE chided two prominent board members for commenting about the debt-laden German automotive group's financial condition while it seeks a 1.75 billion euro ($2.44 billion) state loan.
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Opel labor leader Klaus Franz hopes General Motors' planned sale of a majority stake in the German carmaker to a consortium led by Magna International will make it a more attractive partner for rivals.
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The U.S. Senate passed a scaled-back $1 billion 'cash-for-guzzlers' bill, sending it to President Barack Obama for his expected signature.
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Hyundai Motor Co. and Ford Motor Co. have so far benefited most under the British government's vehicle scrappage scheme, according to figures obtained by Reuters. The 300 million-pound ($491.
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Hyundai Motor Co. and Ford Motor Co. have so far benefited most under the British government's vehicle scrappage scheme, according to figures obtained by Reuters. The 300 million-pound ($491.
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PSA/Peugeot-Citroen has a new head of the Peugeot brand and a new finance chief following a major management shake-up Thursday.
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Continental AG expects worldwide demand for passenger car tires to grow to nearly 1.25 billion units next year from the 1.2 billion units it expects this year, its passenger tire division head told a German magazine.
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The steep drop in Spain's new-car sales could ease in June as recently launched incentives start to help. "The rate of decline in new-car sales is lower in the first half of June, having fallen 10.
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Lamborghini has given notice to Mercury, Russia's biggest luxury group, that it will end their partnership because it is not satisfied with its services and sales performance, the Italian sports car maker said.
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Fiat S.p.A. called on Italy's government and unions to back its efforts to maintain jobs while cutting output in the country. The automaker also secured a commitment from Rome on Thursday for investment near two plants that could face cuts.
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A few hours ago, the American government adopted a bill enabling the resale of un-efficient vehicles and giving an interesting incentive for the purchase of a new car with a better fuel consumption rating.
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Montreal's hip Crescent Street has been turned into Memory Lane to mark the golden anniversary of MINI. About 50 unique vehicles were on display tonight, and the street will also be closed off tomorrow for another day of reminiscing, followed by live performances of Michel Pagliaro, Honeymoon Suite and Glass Tiger.
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Natacha Gachnang, a first cousin of fellow Swiss and Toro Rosso driver Sebastien Buemi, is eying a formula one test with the new 2010 entrant Campos.
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