banner The latest auto news, reviews, prices, product and vehicle releases. Auto News 5

Stay connected Subscribe to our RSS feed

Do not miss the latest Auto News !

Jul
22nd

Porsche CEO likely to bow to pressure to leave, report says:

Stay connected Subscribe to our RSS feed
Porsche CEO Wendelin Wiedeking is likely to bow to pressure from the Porsche family to step down, a German newspaper report said on Wednesday. Full story...
Jul
22nd

VW and Porsche head for showdown board meetings on Thursday

Stay connected Subscribe to our RSS feed
Talks to strike a deal over the future of Porsche are heating up as rival factions race toward an expected showdown on Thursday. Full story...
Jul
22nd

VW and Porsche head for showdown board meetings on Thursday

Stay connected Subscribe to our RSS feed
Talks to strike a deal over the future of Porsche are heating up as rival factions race toward an expected showdown on Thursday. Full story...
Jul
22nd

VW, Porsche head for showdown meetings

Stay connected Subscribe to our RSS feed
Talks to strike a deal over the future of Porsche are heating up as rival factions race toward an expected showdown on Thursday. Full story...
Jul
22nd

Gentex says Q2 profits fall 55%

Stay connected Subscribe to our RSS feed
Automotive mirror supplier Gentex Corp. said today it posted a 55 percent drop in quarterly profit due to steep production cuts by automakers, and the parts maker forecast a 10 percent decline in revenues for the current quarter. Full story...
Jul
22nd

‘Flawless’ Hyundai tops J.D. Power ranking of model launches

Stay connected Subscribe to our RSS feed
The Hyundai Genesis ranked as the most smoothly launched vehicle in a U.S. study that grades automakers on their ability to hit sales, price and dealer-profit targets with new models.The 2009 Genesis scored 689 out of 1,000 possible points on J.D. Full story...
Jul
22nd

Gentex profit falls 55%; sales decline seen easing

Stay connected Subscribe to our RSS feed
Automotive mirror supplier Gentex Corp. posted a 55 percent drop in quarterly profit due to steep production cuts by automakers, and the parts maker forecast a 10 percent decline in revenue for the current quarter. Full story...
Jul
22nd

Hyundai tops J.D. Power ranking of auto launches

Stay connected Subscribe to our RSS feed
The Hyundai Genesis ranked as the most smoothly launched vehicle in a U.S. study that grades automakers on their ability to hit sales, price and dealer-profit targets with new models.The 2009 Genesis scored 689 out of 1,000 possible points on J.D. Full story...
Jul
22nd

Gentex says profit fell 55%, sees sales decline easing

Stay connected Subscribe to our RSS feed
Automotive mirror supplier Gentex Corp. posted a 55 percent drop in quarterly profit due to steep production cuts by automakers, and the parts maker forecast a 10 percent decline in revenue for the current quarter. Full story...
Jul
22nd

Fiat reports second-half profit, cuts debt

Stay connected Subscribe to our RSS feed
Fiat S.p.A. beat the average forecast with a second-quarter trading profit of 310 million euros ($440 million), and said it cut net industrial debt to 5.7 billion from 6.6 billion in the period. Full story...
Jul
22nd

Fiat posts trading profit, aided by scrappage plans

Stay connected Subscribe to our RSS feed
Fiat S.p.A., which owns 20 percent of Chrysler Group, posted a second-quarter trading profit, helped by tax breaks for drivers trading in older, polluting cars. Full story...
Jul
22nd

Fiat makes second-half profit, reduces debt

Stay connected Subscribe to our RSS feed
Fiat S.p.A. beat the average forecast with a second-quarter trading profit of 310 million euros ($440 million), and said it cut net industrial debt to 5.7 billion from 6.6 billion in the period. Full story...
Jul
22nd

Fiat posts 2nd-quarter trading profit, reduces debt

Stay connected Subscribe to our RSS feed
Fiat S.p.A. beat the average forecast with a second-quarter trading profit of 310 million euros ($440 million), and said it cut net industrial debt to 5.7 billion from 6.6 billion in the period. Full story...
Jul
22nd

Fiat reports second-quarter trading profit, cuts debt

Stay connected Subscribe to our RSS feed
Fiat S.p.A beat expectations for second-quarter trading profit on Wednesday, helped by tax breaks for drivers trading in older, polluting cars, but its efforts to cut debt disappointed and shares slipped. Full story...
Jul
22nd

ITALY: Fiat ‘close to break-even’ in Q2

Stay connected Subscribe to our RSS feed
Fiat Group has announced that it reported a net loss for the second quarter of EUR179m, but said that the result was at nearly break-even if unusual items are excluded (mainly restructuring costs). Full story...
Jul
22nd

SOUTH KOREA: Hyundai-Kia plans big ‘green’ spend

Stay connected Subscribe to our RSS feed
Hyundai Motor and affiliate Kia Motors Wednesday announced plans to invest 4.1 trillion won (US$3.28bn) by the end of 2013 to develop fuel-efficient cars and cut carbon emissions. Full story...
Jul
22nd

SWEDEN: Volvo Truck edges closer to Dongfeng tie-up

Stay connected Subscribe to our RSS feed
Volvo AB has reportedly agreed to withdraw from its truck venture with the state parent of Sinotruk, moving it closer to a possible tie-up with Dongfeng. Full story...
Jul
22nd

EU to extend car-sales block exemption to 2013

Stay connected Subscribe to our RSS feed
Carmakers can continue to set up networks of selective and exclusive dealerships for another three years in line with antitrust exemptions for the sector, European Union antitrust regulators said on Wednesday. Full story...
Jul
22nd

European Union to extend car sales block exemption to 2013

Stay connected Subscribe to our RSS feed
Carmakers can continue to set up networks of selective and exclusive dealerships for another three years in line with antitrust exemptions for the sector, European Union antitrust regulators said on Wednesday. Full story...
Jul
22nd

EU to extend car sales block exemption

Stay connected Subscribe to our RSS feed
Carmakers can continue to set up networks of selective and exclusive dealerships for another three years in line with antitrust exemptions for the sector, European Union antitrust regulators said on Wednesday. Full story...
Hosted by CifTech Hosting.