PSA Peugeot Citroën has built its millionth vehicle at the Palomar plant in Argentina, and millionth engine in Porto Real, State of Rio de Janeiro, Brazil.
EXECUTIVE EDITOR--AUTOWEEK.COM BOB GRITZINGER: Here's a car that clearly needs more power for its size, but if fuel economy becomes your most important concern, it'll certainly do.
EXECUTIVE EDITOR--AUTOWEEK.COM BOB GRITZINGER: Here's a car that clearly needs more power for its size, but if fuel economy becomes your most important concern, it'll certainly do.
Ford, helped by new models, rising U.S. sales, and a rebound in Europe, reported a first-quarter profit of $2.6 billion today.
To celebrate the 125th birthday of the automobile, Automotive News Europe and MSX International have teamed up to present a unique award #8211; the "Legends on Wheels."
Toyota Motor Vietnam is cutting production by 70% to 3 June due to a shortage of components following the earthquake in Japan last month, the company said.
Nissan Motor expects to reach about 90% of domestic output it expected before the 11 March earthquake damaged its production bases, company officials said on Tuesday.
Group 1 Automotive Inc., the nation's fourth-largest auto dealership group, today reported a nearly 50 percent jump in first-quarter profit, helped by higher revenue. The company reported adjusted earnings of $15.5 million, or 67 cents per share.
The 2011 Chevrolet Volt and
AutoNation, the nation's largest auto retailer, posted a 26 percent increase in first-quarter net income while lowering its forecast for total U.S. industry sales this year because of vehicle-supply disruptions from last month's earthquake in Japan.
French tiremaker Michelin said revenue rose 28 percent in the first three months of this year. Sales advanced to 5.05 billion euros ($7.36 billion) from 3.94 billion euros a year earlier, Michelin said in a statement Tuesday.
Brazil has never had so many Chinese cars on offer as it does in 2011. They arrived quietly three years ago extremely low priced and sold without fanfare. The odds against them were the tiny service network of unknown automakers, quality problems and, for better informed potential buyers, low ratings in crash tests abroad.
Bentley reveals the 631bhp Supersports ISR
Don't miss Auto Express's guide to the third round of the 2011 Dunlop British Touring Car Championship.
Thailand's vehicle manufacturers announced further production cutbacks as the size of the rebuilding task in Japan in the wake last month's devastating earthquake and tsunami becomes clearer.
New models, rising U.S. sales, higher transaction prices and a rebound in Europe helped Ford post a first-quarter profit of $2.6 billion.
Ford first quarter net income of US$2.6bn (61 cents a share) on sales of $33.1bn beat the $2.12bn and $30.64bn consensus of analysts polled by Thomson Reuters.
Vauxhall unveils production-ready GTC which targets Mégane Coupé with stylish look
Toyota and Honda have said their March outputs in Japan plunged some 63% year on year to record monthly lows as the earthquake and tsunami disrupted production operations.
Ford, helped by a rebound in Europe, new models and higher transaction prices, reported a first-quarter profit of $2.6 billion Tuesday. In the first quarter of 2010, Ford earned just over $2 billion.