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Oct
29th

2011 BMW 335is Coupe, an AW Drivers Log:

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EXECUTIVE EDITOR--AUTOWEEK.COM BOB GRITZINGER: It seems like we're getting into virtually every variety of 3-series lately, and that's not too tough to take. Full story...
Oct
29th

Porsche Cayenne hybrid to carry $68,675 price:

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Porsche's 2011 Cayenne S hybrid will go on sale in November, carrying a $68,675 sticker price tag, including transportation. Full story...
Oct
29th

Deep Dive: Porsche Cajun Crossover

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Deep Dive: Porsche Cajun Crossover
Porsche Cajun Crossover - Deep Dive - Automobile Magazine
Porsche readies mid-size crossover for 2014 -- with some help from the Audi Q5

Under the umbrella of the Volkswagen Group, Porsche is about to kickoff a new era. Led by the former senior corporate product planner, Michael Muller, the firm intends to grow from 81,000 cars in the 2009/2010 fiscal year to at least 150,000 units in 2013.


Photo Gallery: Porsche Cajun Crossover - Deep Dive - Automobile Magazine


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Oct
29th

Ford’s Mustangs will run wild at SEMA

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Ford will fill its stable with 11 Mustangs at next month's Specialty Equipment Market Association show. Full story...
Oct
29th

THE WEEK THAT WAS: If it’s Monday I must have got Seoul

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In a pleasant change from same old, same old, my week began in Seoul, South Korea, listening to General Motors Daewoo Auto & Technology (aka GM-DAT) detail its plans to compete in more niches. Full story...
Oct
29th

Red Bull and Gran Turismo create ultimate racer

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Red Bull Formula 1 team designs X1 ultimate virtual racecar for Gran Turismo 5.


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Oct
29th

American Axle Q3 net income rises, follows other suppliers’ gains

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American Axle and Manufacturing Holdings Inc. posted a bigger-than-expected third-quarter profit today, its sales forecast for the fourth quarter fell short of Wall Street estimates. American Axle reported net profit of $38. Full story...
Oct
29th

Kia’s Q3 jumps to record on sales

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Kia posted record quarterly profit in the third quarter as new models increased sales at home, in China and the U.S. Net income surged 66 percent to 666.6 billion won ($593 million) in the three months ended Sept. Full story...
Oct
29th

Honda raises annual profit forecasts on sales gains

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Honda Motor Co. raised its profit forecast as surging sales in Asia outweigh the impact of a stronger yen. Honda expects net income of 500 billion yen ($6. Full story...
Oct
29th

US: GM repurchasing government owned shares

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General Motors has announced a series of actions to further reduce financial leverage. "These actions will bring down our leverage by $11bn by reducing debt and improving our pension funding position," said CFO Chris Liddell in a statement. Full story...
Oct
29th

JAPAN: Honda keeping 1m a year at home

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A top Honda Motor executive said on Friday the automaker wanted to maintain current domestic production levels of around 1m cars a year despite the yen's strength Full story...
Oct
29th

JAPAN: Denso posts sharp jump to net income

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Denso Corporation has announced a sharp improvement in financial results for the first half of its fiscal year to the end of September on the back of increased car production, especially in Japan. Full story...
Oct
29th

INDIA: M&M net up 7.8%

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Mahindra & Mahindra, India's largest utility vehicles maker, on Friday reported a 7.8% rise in quarterly net profit, driven by higher volumes in a fast-growing auto market. Full story...
Oct
29th

UK dealer Lookers says it has not received takeover bid

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British car dealer Lookers Plc has not received a takeover bid and is looking for deals itself to boost its car parts business and add the BMW franchise, its CEO told Reuters on Friday. Full story...
Oct
29th

JAPAN: Mazda to make some temps regular employees

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Mazda Motor has decided to biannually recruit top contract workers as regular employees to flexibly cope with the expansion of production and achieve cost cuts, company officials said Friday. Full story...
Oct
29th

SOUTH KOREA: Watchdog OKs M&M Ssangyong buy

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South Korea's anti-trust watchdog on Friday said it had approved the sale of Ssangyong Motor to Mahindra and Mahindra. Full story...
Oct
29th

US: Chrysler boosts investment further with Belvidere plan

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Chrysler is to invest US$600m at its 45-year-old Belvidere (Illinois) assembly plant to support the production of future models in 2012. Full story...
Oct
29th

Volvo makes Q3 operating profit

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Volvo made an operating profit in the third quarter, the Swedish carmaker said on Friday. Volvo did not disclose details, but said it has been profitable since the start of the year. Full story...
Oct
29th

Volvo makes Q3 operating profit

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Volvo made an operating profit in the third quarter, the Swedish carmaker said on Friday. Volvo did not disclose details, but said it has been profitable since the start of the year. Full story...
Oct
29th

JAPAN: Honda Q2 profit more than doubles to US$1.7bn

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Honda Motor said on Friday its net profit more than doubled to US$1.7bn for the three months to September, while it also upgraded its full-year profit forecast, and Mazda Motor also posted a healthy rise in earnings. Full story...
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