Up to 50,000 people are expected to demonstrate in Genk next week in protest at Ford's decision to close its Belgian plant in 2014 with the loss of 4,300 jobs and potentially thousands more.
Chevrolet is still pondering the future of its 'Chevy Runs Deep' advertising tag line as the brand extends an internal deadline for a decision.
We've seen the upcoming Porsche 918 supercar in a
Manganese Bronze Holdings Plc, the maker of London's famous black taxis, said it has appointed accountants PricewaterhouseCoopers to look at options including the sale of the company if funding cannot be arranged to save it.
TomTom has trimmed its full-year revenue forecast, citing falling sales of its built-in car navigation devices in Europe.
News
31 Oct, 2012
Interior tweaks and new paint options mark out the revised MINI Countryman
EXECUTIVE EDITOR BOB GRITZINGER: The 2012 Kia Soul ! strikes me like the exact vehicle
BorgWarner has reported third quarter 2012 net earnings of US$0.85 per share. Adjusted, the profit was a record $1.19, a new third quarter record. Sales slipped 5% to $1,695m.
Both Mitsubishi and Subaru have slashed their second fiscal half year sales targets in Japan by over 50% amid the continuing territorial dispute over the Senkaku/Diaoyu islands in the East China Sea.
Mitsubishi Electric net income in the second fiscal quarter decreased 69% year on year to JPY13.1bn (US$164.5m) and operating income fell 30% to JPY43bn on sales off 2% to JPY913.2bn.
Aisin Seiki net income in the first half of fiscal 2012/3 soared 241.5% to JPY41.2bn (US$517m). Operating income rose 229.8% to JPY84.5bn and sales of JPY1,291bn compared to JPY1,016bn a year ago.
General Motors has posted third quarter net income down 12% year on year from US$1.7bn to US1.5bn.
Denso's first fiscal half sales rose 23% to JPY1,733.1bn (US$22.3bn). Operating income soared 328% to JPY136.3bn. Net income was up 235% to JPY78.1bn.
Maruti Suzuki's Manesar plant has resumed production of Nissan's Pixo. Output of Nissan's entry level hatchback for Europe was affected by the month-long violent riots at the plant.
Fiat CEO Sergio Marchionne denied a report that he approached PSA and General Motors Co. earlier this month about a pan-European combination that would leapfrog Volkswagen as the region's largest automaker.
General Motors posted $1.48 billion in net profits during the third quarter despite wider losses in Europe, where the company now vows to break even by the middle of this decade.
Rival US car buyers guides Edmunds.com and TrueCar.com are barely 5,000 units apart in their forecasts for October 2012 new car sales - Edmunds' crystal ball said 1,132,878 new cars would be sold for an estimated Seasonally Adjusted Annual Rate (SAAR) of 14.8m light vehicles, the second-highest monthly SAAR this year (behind September's 14.9m) and the best October since the 16.1m in 2007.
News
31 Oct, 2012
Latest spy pictures of the Porsche 911 Targa hint at a return to the retro looks of the 1990 model
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