Jul
23rd
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Ford Motor Co. reported a second-quarter profit of $2.6 billion as U.S. sales rose 20 percent and the automaker continued to gain market share. Full story...
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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Jul
23rd
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Porsche has secured the jobs of its 8,600-strong German workforce for another five years in return for a pledge from unions to boost productivity more than 6% annually. Full story...
Jul
23rd
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Ford has reported second quarter net income of US$2.6bn, or 61 cents per share, a $338m improvement from second quarter 2009. Pre-tax operating profit totaled $2.9bn, or 68 cents per share, a $3.5bn improvement from second quarter 2009 and a $932m improvement from first quarter 2010. Full story...
Jul
23rd
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After posting its biggest first-half profit in 12 years, Ford Motor Co. is sticking with plans to boost earnings next year even as 'business conditions' remain challenging. Ford benefited from a 20 percent rise in U.S. Full story...
Jul
23rd
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A GM filing with the U.S. Securities and Exchange Commission would be the first step toward an IPO to reduce the U.S. government's ownership in the automaker after a $50 billion bailout in 2009. Full story...
Jul
23rd
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It has certainly not been a quiet year for Didier Leroy. He started 2010 as Toyota's European sales and marketing boss and, as damaging recall problems dented the company's global reputation, he was appointed chief quality officer for the region in March. Last month he became president of Toyota Motor Europe. Full story...
Jul
23rd
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Faurecia jumped into profit in the first half of this year with a net result of EUR102m (US$130.2m) from a loss of EUR365m (US$471m) for the same period a year ago. Full story...
Jul
23rd
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Mercedes-Benz may take over the top position among luxury brands in the United States after a decade of dominance by Lexus. Toyota's premium brand has been marred by record recalls this year for flaws across its lineup. Full story...
Jul
23rd
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Vehicle importers in Japan are to co-host next year's Tokyo motor show in the hope of luring back European and US manufacturers. Full story...
Jul
23rd
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Mercedes-Benz may take over the top position among luxury brands in the United States after a decade of dominance by Lexus. Toyota's premium brand has been marred by record recalls this year for flaws across its lineup. Full story...
Jul
23rd
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Peugeot’s new design boss, and the man behind the BB1 and SR1 concepts is young, full of ideas and has talent to spare. We caught up with him at Peugeot’s design centre in Paris.
Full story...
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Jul
23rd
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Margery Krevsky walks over to a display case containing several hood-ornament reproductions. Full story...
Jul
23rd
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New vehicle sales in the ASEAN region's top six markets combined grew by 40.6% in the first half of 2010 to 1,187,885 units, compared with 844,760 units a year earlier, as demand continued to rebound from depressed year-earlier levels. Tony Pugliese surveys market trends and prospects in the region. Full story...
Jul
23rd
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A look back at the former SUV king.
In late 1990, the Ford Explorer made its debut, effectively defining the sport-utility vehicle segment that it would reign over for the decade that followed. Based on the Ford Ranger pickup, its mechanicals didn't exactly set the world on fire, but the concept of a versatile, off-road-ready family hauler did.
Photo Gallery: Ford Explorer Retrospective - Automobile Magazine
Jul
23rd
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SK Energy, South Korea's top crude oil refiner, will expand its local manufacturing capacity to supply rechargeable batteries for Hyundai's and Kia's future electric vehicles. Full story...
Jul
23rd
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China's Chery Automobile Co said today it was unaware of a U.S. case of alleged theft of General Motors technology that had been linked to the Chinese firm. A Detroit couple was charged on Thursday in a U.S. Full story...
Jul
23rd
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General Motors plans to buy auto finance company AmeriCredit for $3.5 billion in a cash deal financed by government bailout money and aimed at removing a major investor concern before a planned IPO. Full story...
Jul
23rd
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China's Chery Automobile Co said today it was unaware of a U.S. case of alleged theft of General Motors technology that had been linked to the Chinese firm. A Detroit couple was charged on Thursday in a U.S. Full story...
Jul
23rd
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Ford CEO Alan Mulally's overhaul of the automaker's lineup is paying big dividends. Ford reported a second-quarter profit of $2.6 billion thanks in part to its ability to charge more for new models. The second-largest U.S. Full story...
Jul
23rd
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Earlier this month, Auto123 told you about this new limited-edition launched by Chrysler Group LLC. Full story...