New vehicle sales in the ASEAN region's six largest markets increased by 5% to 733,090 units in the first quarter of 2012, due primarily to strong growth in the region's two main markets - Thailand and Indonesia.
There seems to be a massive supplier storm brewing as the full impact of last month's huge explosion at Evonik's Nylon 12 resin plant in Germany starts to be felt.
Global deliveries from Volvo Trucks totalled 9,954 trucks in March, down 4% on last year.
Fiat's profit more than tripled in the first quarter as demand for Chrysler vehicles in the United States helped offset falling revenues from mass-market car sales in Europe.
Fiat's profit more than tripled in the first quarter as demand for Chrysler vehicles in the United States helped offset falling revenues from mass-market car sales in Europe.
Connecting the dots that lead to Chevrolet's as-yet-unnamed new model seems to lead back to one storied name: SS.
With Honda's worldwide operations recovering from the effects of the natural disasters of 2011, Ken Keir describes Europe's key part in the company's recovery plan.
Chrysler booked adjusted first quarter operating profit up 55% to US$740m and net income quadrupled to $473m on revenue up 25% to $16.4bn.
Supplier BorgWarner, which makes a variety of fuel-saving components including dual-clutch transmissions, posted a rise in quarterly profit, helped by higher sales in its drivetrain segment.
Volkswagen Group is trumpeting a "successful start to 2012" after first quarter operating profit rose 10.2% to EUR3.2bn on sales revenue up 26.3% to EUR47.3bn.
Rising gasoline prices have gone from bane to boon for the recovering U.S. auto industry. In 2008, U.S. gas prices hit a record of $4.11 a gallon and contributed to Detroit's downfall, as truck and SUV sales collapsed.
Bosch said its first-quarter sales rose 5 percent despite a weak Europe and a cooling global economy but warned it may not reach its 2012 growth target due to high raw material costs and the cost of investments in areas such as electromobility and...
Bosch said its first-quarter sales rose 5 percent despite a weak Europe and a cooling global economy but warned it may not reach its 2012 growth target due to high raw material costs and the cost of investments in areas such as electromobility and...
Swedish Social Democratic members of Parliament have attacked what they claim is lost time from government inertia, concerning approval of investment by Russian businessman, Vladimir Antonov in Saab.
Soaring sales of new and used vehicles boosted the first-quarter results at Group 1 Automotive Inc. and Asbury Automotive Group Inc. The results underscored what has emerged as a blockbuster quarter for most of the major U.S. auto dealership groups.
Mitsubishi Motors has boosted full year net profit 53% to JPY23.9bn and operating profit up 58% to JPY 63.7bn on sales off 1% to JPY1.8 trillion. MMC blamed that on a drop in wholesale volume and the negative impact of the strong yen.
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