Jul
27th
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A brave statement out of the Renault-Nissan Alliance this morning announcing an update on plans for large-scale battery production in France with LG Chem.
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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Jul
27th
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General Motors has built the first Cadillac ATS sedans for public sale at the Lansing Grand River assembly plant in Michigan.
Jul
27th
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Kia reported second-quarter profit that missed analysts' estimates after the company increased marketing costs for new vehicles. Net income fell 2.8 percent to 1.1 trillion won ($965 million), compared with a revised 1.13 trillion won a year earlier.
Jul
27th
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Porsche said first-half profit jumped 21 percent on demand for the new-generation 911. Operating profit rose to 1.26 billion euros from 1.05 billion euros a year earlier. Porsche posted a profit margin of 18.
Jul
27th
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Porsche said first-half profit jumped 21 percent on demand for the new-generation 911. Operating profit rose to 1.26 billion euros from 1.05 billion euros a year earlier. Porsche posted a profit margin of 18.
Jul
27th
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South Korea's largest auto components supplier, Hyundai Mobis, has been hit with KRW2.95bn (US$2.57m) in fines and corrective orders for demanding lower prices from its subcontractors.
Jul
27th
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Electronics group LG Corp may produce electric vehicle batteries for Renault in France.
Jul
27th
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China's Ministry of Industry and Information Technology (MIIT) is to establish a mechanism to strengthen the country's auto industry and put an end to the present permanent qualification of motor vehicle manufacturing enterprises.
Jul
27th
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Renault is welcoming this week's announcement by the French government of its automotive support plan designed in part, to offset the impact of PSA Peugeot Citroen's massive job cuts proposals.
Jul
27th
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Renault's first-half operating profit fell compared with a year ago but analysts said the automaker's performance was good given plummeting demand in Europe.
Jul
27th
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General Motors has green-lighted the development of a large flagship sedan for
Jul
27th
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Pirelli has posted half year net profit up 39.6% to EUR222m (US$273m), while revenues increased 8.3% to EUR3.02bn.
Jul
27th
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Renault has reported first half net income plunging to EUR786m (US$966m) from EUR1.3bn last year.
Jul
27th
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Michelin said first-half net profit rose 37 percent as price increases helped to offset the slump in Europe's auto market. The tiremaker confirmed that it expects a full-year rise in operating income.
Jul
27th
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Honda has a few tricks up its sleeve for the third-generation Fit/Jazz due to launch next year.
Jul
27th
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Kia reported lower second-quarter profits after the company increased marketing costs for new vehicles. Net income fell 2.8 percent to 1.1 trillion won ($960 million), compared with a revised 1.13 trillion won a year earlier.
Jul
27th
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The Volkswagen brand's U.S. product planner wants a more Americanized lineup. His wish list calls for a small, locally built SUV, more diesels and possibly a return of the Phaeton.
Jul
27th
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BorgWarner and Dana lowered their forecasts for annual sales and profit because of the economic slowdown in Europe and other markets.
Jul
27th
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VW threatened to leave European auto industry group ACEA in response to comments by Fiat CEO Sergio Marchionne about VW's pricing strategy. The threat highlights rising tensions in the industry as sales slump.
Jul
27th
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BMW will sell cars over the Web for the first time as the world's largest maker of luxury vehicles seeks an inexpensive way to reach more buyers to recoup spending on its electric models.