Higher volumes and record finance-and-insurance income counteracted a slipping new-vehicle margin to help AutoNation to a 15 percent jump in total profits in the third quarter.
News
25 Oct, 2012
The first self-driving Volvo will go on sale in 2014, thanks to the firm's new traffic jam assistance system
Porsche said it expects a record year in 2012 after reporting a 23 percent jump in nine-month operating profit to $2.
Porsche AG boosted sales by 28.1% to EUR10.15bn in the first nine months of the 2012 fiscal year on unit volume up 20.2% to 103,245 vehicles. Operating profit rose 22.9% to EUR1.88bn.
News
25 Oct, 2012
A bag of essentials will cost far more, even at the UK's newest services
News
25 Oct, 2012
Design your own version of the Peugeot 208, and help raise money for Children In Need
European Automotive Imports (EAI), which took over as the Australian and New Zealand Ferrari importer seven years ago, has delivered its 1000th car, a 458 Spider.
Ford unions in Belgium say they have put the automaker's Genk plant under "siege" as anger continues to mount following the manufacturer's decision to completely shut the site with 4,300 job losses.
News
1 Nov, 2012
Porsche has given its Ferrari 458 Italia beater the green light, and it's set to be called the 961
News
25 Oct, 2012
Ford to part-close Dagenham and shut Transit plant in Southampton, with the loss of 1,400 UK jobs
New vehicle sales in the ASEAN region's six largest markets increased by over 27% to 918,216 units in the third quarter of 2012, from 721,543 units in the same period of last year, writes Tony Pugliese.
News
6 Nov, 2012
The next-generation Ford Focus RS will get a new 2.3-litre EcoBoost engine when it arrives in 2014
News
25 Oct, 2012
BMW confirms 200m Euro investment for a new car plant in Brazil
News
1 Nov, 2012
Our image shows how the new S-Class could look, plus we have full details on its hi-tech revolution
News
30 Oct, 2012
Our images reveal a radical new look for the next-generation 308 and Megane, ahead of their arrival next year
On a day (25 October) the UK government announced some positive growth in the recession-hit economy, Ford is widely expected to announce the closure of its Transit chassis cab-producing plant in the UK port of Southampton later.
Daimler lowered its 2012 earnings forecast and scrapped profit targets for next year amid declining demand in Europe and increased competition in China.
Hyundai reported profit that exceeded analysts' estimates as it benefited from anti-Japan protests in China and the i10 minicar helped the company buck the slump in Europe.
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