General Motors Co., in its final financial snapshot before next week's initial public offering of stock, posted third quarter net income of $1.96 billion on revenues of $34.06 billion.
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WITH VIDEO -- With five new concepts dotting its stand at the Paris motor show, Lotus demonstrated that it knows a bit about metamorphosis.
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EXECUTIVE EDITOR ROGER HART: I'm not sure why, but it seems each time I get in a Subaru, I come away surprised with just how nice the experience was.
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EXECUTIVE EDITOR ROGER HART: I'm not sure why, but it seems each time I get in a Subaru, I come away surprised with just how nice the experience was.
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Of all the media coverage of this economic crisis, one line has stuck in my mind more than any other, and it perfectly sums up the shifting global economic axis. "This isn't a global recession, it's a Western recession."
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General Motors has announced third quarter results to 30 September, posting a US$2bn profit on revenue of US$34.1bn and is estimating full-year profits.
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In this interview, Matthew Beecham talked with Arnaud Gandon, chief engineer, global powertrain cooling and heat exchangers, Delphi Thermal.
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General Motors' European operations posted a wider loss in the third quarter compared to the previous quarter, blighting otherwise bright results ahead of the U.S. automaker's initial public offering next week.
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GM, in its final financial snapshot before next week's initial public offering, posted third quarter net income of $1.96 billion on revenues of $34.06 billion.
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GM, in its final financial snapshot before next week's initial public offering, posted third quarter net income of $1.96 billion on revenues of $34.06 billion.
Full story...
Average CO2 emissions from new cars sold in the EU dropped by 5% last year - the largest annual fall ever recorded, a report published today by the European Commission shows.
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BorgWarner has announced some US$2.3bn of expected net new powertrain business for 2011 through 2013, a 28% increase over its previous three-year net new business.
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Tata Motors is denying what it refers to as "inaccurate media reports" it is to recall its budget Nano model, although it is providing upgraded protection for the vehicle.
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Renault-Nissan alliance is considering constructing a vehicle-assembly factory in the Primorsky region in Russia's Far East.
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In 2010, China is on course to eclipse Japan as the second biggest economy in the world. It already has surpassed the US as the world's largest vehicle market. But can breakneck growth continue and what are the structural issues ahead for the Chinese auto industry?
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In 2010, China is on course to eclipse Japan as the second biggest economy in the world. It already has surpassed the US as the world's largest vehicle market. But can breakneck growth continue and what are the structural issues ahead for the Chinese auto industry?
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Mitsubishi Motors Corporation (MMC) and Bic Camera have signed an agreement to promtoe electric vehicles (EV) making what the automaker claims is the first "Basic Agreement on EV Popularization" signed between an electronics and automobile company.
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