Johnson Controls (JCI) has reported higher third quarter profits and a a 22% increase in revenues with higher sales in each of its three businesses, two of which are in the auto sector. The company also said earnings for fiscal 2010 were expected to be at the high end of previous guidance.
Full story...
Ford Motor Credit boosted net income $143m year on year to $556m in the second quarter of 2010.
Full story...
Johnson Controls Inc.posted quarterly earnings that more than doubled from year-earlier levels but fell short of analysts' expectations, sending its shares down almost 7 percent. Sales rose 22 percent to $8.
Full story...
General Motors Co., the automaker 61 percent owned by the U.S. Treasury, is facing criticism over its decision to pay $3.5 billion to buy a lender that specializes in auto loans to shoppers with less than top-notch credit.
Full story...
In a low-key industrial complex just north of Detroit sits a trove of 1960s and '70s Alfa Romeos.
Full story...
Ford of Europe reported a big rise in quarterly profit despite a steady decline in unit sales during the three-month period.
Full story...
Volkswagen said sales increased 5.7 percent in June helped by demand in China and the United States.
Full story...
Autoliv Inc., the world's biggest maker of airbags and seatbelts, raised its full-year sales outlook on Friday as it beat earnings forecasts for the second quarter and reported a record operating margin.
Full story...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
The latest auto news, reviews, prices, product and vehicle releases. 
