U.S. auto sales are on pace for the best showing since 2007 and a third straight year of at least 10 percent gains, only the fourth such streak since the Great Depression, as more-confident buyers return to showrooms.
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April 2012 vehicle production (including two- and three-wheelers) in India grew 5.81% year on year to 1,721,627 units, the Society of Indian Auto Manufacturers (SIAM) said.
Here's a brief run-down of reports available in our research store that caught our eye over the past week or so...
Getrag ended 2011 booking earnings before interest and taxes (EBIT) almost doubled to EUR191.6m versus EUR86.5m in 2010.
Nissan said Thursday that Austrian contract manufacturer Magna Steyr will build a new premium compact car for the
Magna International, North America's largest auto supplier, reported a jump in quarterly profit today and boosted its sales forecast. The Canadian company raised its total sales outlook for 2012 to between $29.0 billion and $30.
NEWS EDITOR GREG MIGLIORE: The 2012 Subaru Legacy 3.6R Limited is one of the more well-rounded midsize sedans on the market.
Ferrari issued an apology on Wednesday after one of its employees was filmed doing donuts in a
Fiat, which is severing its distribution arrangement with Tata Motors, is open to bringing in more models from the company's global model line depending upon demand, according to Fiat India Automobiles head Enrico Atanasiao.
Volkswagen group's Czech Republic unit Skoda boosted worldwide vehicle deliveries 4.1% year on year to 81,400 in April, setting a record for that month. Year to date volume was up 9.8% to 324,100, also a new record.
This eBay listing for a 1976 GMC Motorhome started making the rounds on Twitter on Wednesday.
Vauxhall has jointly launched a new initiative with the England Football Association (FA) to halt the drop-out rate among teenagers in the 14-17 age group, as it hailed the success of its links to the sport.
Hyundai Motor expects to lose an estimated 30,000 units of production following a fire at its Beijing Hyundai assembly plant. No one was injured but it is likely to take at least a month to get the plant operational again.
Ford has said it would soon start making money again in Asia as production gets back to normal levels.
Volkswagen group luxury brand Audi could be selling 1.5m cars a year before its original target date of 2015 because of continuing demand in China, the USA and Russia, the annual shareholder meeting in Ingolstadt heard on Thursday.
General Motors said it had started a detailed evaluation of its transmission factory in the eastern French city of Strasbourg with a view to a possible sale.
Nissan said contract manufacturer Magna Steyr will build a new premium compact car for the automaker's Infiniti brand starting in 2014.
Porsche will introduce a smaller version of its four-door Panamera sedan by 2017, a German car magazine said. The sedan, code-named Pajun, will expand Porsche's portfolio to six model lines and compete with the Mercedes E class and CLS coupe cars.
China Automotive Systems (CAAS) has unveiled first quarter net sales down 7% to US$84.5m and gross profit off from US$20m to US$16m, as the company reports falling domestic demand and rising fuel costs.
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