A massive writedown led to a 1 billion euro ($1.48 billion) third-quarter net loss at Continental, but the supplier predicted a significant year-on-year improvement for the final three months.
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Even if you were an international billionaire playboy car collector (and, this being AutoWeek, some of you are), you probably would not own more than 100 or 200 cars. If you could own a racetrack, you probably could not afford more than one.
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Mitsubishi Motors Corporation (MMC) said its new compact crossover would be sold first in Japan from February 2010.
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The fourth largest US dealer group, Group 1 has posted a quarterly profit double that of a year ago but has a cautious outlook for the current quarter. Third largest Sonic Automotive also reported a third quarter profit compared with loss in 2008 after refinancing debt late in September.
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Mazda lifted its full-year guidance to call for a slightly smaller operating loss, citing better sales and currency rates than anticipated.
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Mazda lifted its full-year guidance to call for a slightly smaller operating loss, citing better sales and currency rates than anticipated.
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Mazda Motor Corp. posted its first quarterly profit in a year and lifted its full-year guidance to call for a slightly smaller operating loss, citing better sales and currency rates than it had anticipated. Domestic rival Mitsubishi Motors Corp.
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Ford needs to monitor the European market before it makes any 2010 forecast, said Ford of Europe President John Fleming. He wants to see what happens in Germany without scrappage.
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Ford needs to monitor the European market before it makes any 2010 forecast, said Ford of Europe President John Fleming. He wants to see what happens in Germany without scrappage.
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Ford needs to monitor the European market before it makes any 2010 forecast, said Ford of Europe President John Fleming. He wants to see what happens in Germany without scrappage.
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Bankrupt U.S. auto parts supplier Visteon Corp. said on Wednesday it is seeking approval for up to $150 million in debtor-in-possession financing from a group of its lenders.
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General Motors Co. is shutting down its plant in Delta Township, Mich., for one week starting Monday, Nov. 2, because of a and#8220;critical parts shortage,and#8221; a GM spokeswoman said Wednesday.
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Supplier Visteon Corp. is seeking approval in U.S. Bankruptcy Court for a $150 million financing package to shore up cash levels that company executives project are likely to fall below the minimum needed to run the business by March 2010.
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California struck a tax incentive agreement with Tesla on Wednesday to ensure that the electric vehicle maker builds its sedan production facility in the state, possibly in the Los Angeles area.
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(TORONTO) - Announced at a luncheon in St. Catharine's today, SCION the automotive brand that maximizes personal expression will bust the performance and style conventions when it arrives at 45 SCION Dealers in Montreal, Toronto and Vancouver in September, 2010.
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DEARBORN, Mich.,- Hot rodders have always lived by the motto "There's no replacement for displacement," indicating that the more cubic inches an engine has, the better the resulting performance. Ford Powertrain and Detroit Street Rods are out to prove that thinking out-of-date with their EcoBoost(tm)-powered '34 Ford hot rod.
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Steven Wallace, son of 1989 NASCAR Champion Driver (and television commentator) Rusty Wallace, was fined by Nationwide Series officials for a post-race incident immediately following the race at Memphis Motorsports Park.
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Jean Todt has played down reports his new relationship with Ferrari might be a tetchy one.
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QUÉBEC CITY, - With Quebec Transport Minister Julie Boulet and Tourism Minister Nicole Ménard on hand, the Association des propriétaires d'autobus du Québec (APAQ) today launched espacebus.ca, the only portal dedicated to group travel by coach and public transportation by bus in Quebec.
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