Chrysler Group on Thursday said it intends to repay in full loans provided by the US Department of the Treasury and the Canadian federal and Ontario provincial governments during the second quarter.
Some 700 participants gathered for the II Forum of the Automotive Industry, held in São Paulo by media group Automotive Business. There were 22 lecturers and five debating panels discussing the present scenario and future prospects for the sector as a whole, both in Brazil and abroad.
Federal-Mogul on Thursday said first quarter 2011 net income more than tripled to US$51m or $0.51 per share, compared with $15m and $0.15 a year ago.
Hyundai Motor on Thursday posted a sharp rise in first-quarter net profit amid brisk sales in overseas markets including China and the United States.
Radar-based safety technologies such as advance collision warning and blind-spot detection are becoming common place as optional equipment on new vehicles. While the possibilities to "assist the driver" seem endless, is there a risk of information overload? Matthew Beecham puts that question to executives at Continental, Bosch, TRW, Delphi and Freescale Semiconductor.
Ford Otosan, Ford's Turkish joint venture, said net profit doubled to 142.8 million lira ($94 million) in the first quarter, exceeding forecasts as strong domestic demand boosted the sector.
What do you get when you cross a Dodge Viper with an Alfa 8C? Italian coachbuilder Zagato has the answer.
Sweden's government says it has no intention of stepping in to buy Saab should the current protracted refinancing talks come to nothing.
We have yet another long weekend in prospect folks.
The UK's car safety recall system needs a complete overhaul, said Which? Car, the local equivalent of the US Consumer Reports, comparing the effectiveness of the US and UK watchdogs.
MG3 supermini to be followed by Focus-rivalling MG5, crossover, executive saloon models and a two-seater sports car
General Motors said it has given its tentative approval for Russian financier Vladimir Antonov to become a major shareholder in Spyker Cars' struggling Saab unit.
Mazda Motor has said it incurred a consolidated net loss of JPY60.04bn in fiscal 2010 ended 31 March due to damage from the 11 March earthquake and tsunami and other factors.
Ford's Russia partner Sollers said its loss in 2010 narrowed as sales advanced along with the domestic economy.
Honda Motor sales and profits dipped in the fourth fiscal quarter ended 31 March as the effects of the Sendai region earthquake began to bite.
Porsche has ramped up the already heady performance of the 911 GT3 RS through the adoption of a new, naturally aspirated 4.0-liter version of the company's sturdy, horizontally opposed flat six-cylinder engine.
Porsche has ramped up the already heady performance of the 911 GT3 RS through the adoption of a new, naturally aspirated 4.
Check your check-engine light now--or get ready to write a big, fat check later.
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