Apr
27th
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High-powered special edition MINI John Cooper Works GP edition will be a swansong for the current range
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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Apr
27th
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High-powered special edition MINI John Cooper Works GP edition will be a swansong for the current range
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Apr
27th
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American Axle and Manufacturing Holdings, a maker of axles and crankshafts, fell the most in almost two months after missing earnings estimates.
Apr
27th
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Results season. Department of utter quarterly joy. But important as you can roll out all the attractive new models you like but not for long if you are not making a buck...
Apr
27th
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Did it slip out as a random thought? Or did Sergio Marchionne deliberately use Fiat's first quarter conference call to fly a kite?
Apr
27th
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Sweden's Constitutional Committee chairman has questioned former Enterprise Minister, Maud Olofsson's position with relation to Russian businessman, Vladimir Antonov's attempt to buy into Saab.
Apr
27th
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Ford has reported lower first quarter profits as gains in North America were offset by difficulties in Europe, Asia and Africa.
Apr
27th
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Daimler has booked first quarter net profit up 20% year on year after unit sales rose 9% to 502,100 vehicles and group revenue reached EUR27.0bn.
Apr
27th
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In this month's management briefing, Rob Golding runs his financial rule over the financial position of the automotive industry's major OEMs. In this instalment: Ford, GM and Fiat-Chrysler.
Apr
27th
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Ford posted a decline in first-quarter earnings, strained by losses in Europe and Asia while North American profits rose. The company reported pre-tax operating profit of $2.3 billion, down $544 million from the first quarter of 2011.
Apr
27th
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Daimler said it extended the contract of Mercedes-Benz Cars production boss Wolfgang Bernhard another five years until 2018, in a move that was widely expected.
Apr
27th
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Mazda has posted train-wreck fiscal year 2011/12 results with an operating loss of JPY38.7bn (profit of JPY23.8bn the previous year) on sales of JPY2.03 trillion (JPY2.3 trillion).
Apr
27th
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German chemicals giant, Evonik Industries, has put forward several alternatives to its Nylon 12 resin product, following the recent fatal explosion at its partially-destroyed Marl factory that killed two employees.
Apr
27th
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The Indonesian automotive association, Gaikindo, has dramatically cut its forecast for vehicles sales this year to 700,000 units, from 950,000 earlier in the year, citing new government policies designed to curb excessive borrowing.
Apr
27th
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There was a time when VW liked to strut around a bit and emphasise its success relative to the competition. But now that rivals have jobs, and even whole factories on the line at risk, it was sensible and sensitive to concentrate on reporting its own results rather than its results relative to others.
Apr
27th
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Does 31 mpg, eked from a 4,255-pound, five-passenger luxury sedan swimming in leather and wood and all the techy accoutrements to which the 1 percent have become accustomed, sound reasonable? Fathomable, even?
Apr
27th
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Remember the basket-case that was Chrysler? Then who do you think Sergio Marchionne can have been describing in yesterday's webcast eulogy: "We are incredibly satisfied with the first quarter; absolutely outstanding; fired on all cylinders.600,000 cars for the quarter.the target for the year is 2.4m. The outlook is absolutely positive."
Apr
27th
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Honda said it more than doubled its quarterly operating profit as production recovered from a number of natural disasters last year.
Apr
27th
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German supplier Continental AG today reported better-than expected first-quarter sales and affirmed its outlook for the full year. Sales rose by about 11.5 percent to 8.3 billion euros ($10.98 billion), the company said in a statement.
Apr
27th
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All three engine offerings for the 2013 Ford Escape were certified by the EPA to get 30 mpg or more on the highway, Ford said. Ford has redesigned the Escape for 2013 and dropped the V-6 engine option in favor of a top-of-the-line 2.