Denso Corp., the world's largest car parts supplier, raised its full-year profit forecast to above market expectations after swinging back to profit in the latest quarter due to a rebound in global auto production.
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New-car sales in Spain plunged nearly 50 percent in July, carmakers association ANFAC said, as government subsidies ended and value-added tax (VAT) was raised on July 1.
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About 400 workers at Ford's engine plant in Windsor, Ontario, will lose their jobs as Ford completes a planned move to a single shift. Ford made the announcement a day after General Motors shuttered its transmission plant in the city.
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Kia's quarterly net profit rose 61 percent, beating estimates as the No. 2 automaker in South Korea enjoyed brisk sales of newly launched models. Kia, an affiliate of the country's top carmaker, Hyundai Motor Co., announced a 557.8 billion won ($470.
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VW will keep adding to its more than $20 billion cash pile as it prepares for an acquisition spree that could help it overtake Toyota as the world's No. 1 carmaker by 2018.
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Lithia derives almost 30 percent of its sales from Chrysler Group brands but doesn't plan to seek much Fiat business as the Italian automaker prepares to reenter the U.S.market.
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New-car sales in Spain plunged nearly 50 percent in July, carmakers association ANFAC said, as government subsidies ended and value-added tax (VAT) was raised on July 1.
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Germany's Bild newspaper realized a survey with the F1 teams to know their position about the team orders ban.
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After a couple of recent backwards steps in Force India's progress, Adrian Sutil still sounds committed to the team for 2011.
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Ferrari F430 driven by Bruni-Longin-Van de Poele-Vilander set the best performance in qualifying for Spa 24 Hours.
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Following some discussions about the old glory and historically significant Chrysler vehicles of the past, HPP decided to morph a Dodge Challenger into a Daytona/Superbird tribute car.
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Former Ferrari Formula 1 driver Kimi Raikkonen has once again refused to shed any light on his plans for 2011.
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Rally leader Mikko Hirvonen has made a dramatic exit from Friday's competition in Finland after suffering a high speed crash on SS4 where he rolled his Ford Focus several times.
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July is not yet quite over and already the air waves are plastered with adds about "back to school". Believe us when we say that when we finally graduated, that "Back to school" would no longer have any real meaning to us.
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Seventeen driver/car combinations were on the Mid-Ohio Sports Car Course July 29 to prepare for the Aug. 6-8 Honda Indy 200 at Mid-Ohio presented by Westfield Insurance.
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German driver Sebastian Vettel of the Red Bull Racing team has dominated the two free practice sessions held on the Hungaroring in preparation for the Grand Prix of Hungary.
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Since launched, the Kia Sportage has been one of those machines with a built-in connection to the average Canadian shopper. Typical vehicle-buying Canucks are concerned with things like ruggedness, flexibility and a good overall deal--and Sportage has been delivering on these fronts for its last two terms of duty.
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Finland's Jari-Matti Latvala (Ford Focus) will start the final day of Rally of Finland with a 9.1-second advantage over Petter Solberg (Citroen) following a dramatic start to the event.
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Now that the purchase of Saab has been completed between GM and Spyker Cars, the Sweden-based brand can now aspire to rekindle with its loyal customer base.
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The popular Nissan Rogue has been redesigned and gets an upgraded look inside and outside. Model names and options are also revised, keeping Rogue fresh and exciting for its active lifestyle buyers. Now offered in three trim levels: S, SV and SL (in All-Wheel Drive only).
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