Fiat-controlled Chrysler has boosted third quarter 2012 net profit 80% year on year to $381m from $212m a year ago after sales rose 18% to $15.5bn. Operating profit grew 46% to $706m.
What does the Fiat 500 have in common with the Mini,
Belgian unions are organising a huge demonstration and a European Works Council meeting as they look to react to Ford's announcement it plans to close its Genk plant with the loss of 4,300 jobs.
News
30 Oct, 2012
Rolls-Royce has updated the Ghost for 2013, with new leather, stereo and boot release
In another minority supplier initiative created by Ford, V. Johnson Enterprises, an affiliate of former NBA star Vinnie Johnson's Piston Group, today said it was forming a joint venture with French supplier Valeo SA.
The National Highway Traffic Safety Administration has issued a recall of 45,500 BMW 7-series sedans in the 2005-2008 model year range.
The fragility of the automotive supply chain has been highlighted by natural disasters, particularly in Asia over the past 18 months. This month's management briefing considers how fragile the supply chains of international manufacturing firms have become and the strategic responses now being formulated in response to the Thai floods. This fourth and final instalment looks at the consequences in Thailand and the wider implications for sourcing and supply chain strategies.
News
29 Oct, 2012
A one-off Ford Focus ST Estate police car has been built by Ford Special Vehicle Preparations
Hosting the oldest and most important automotive collection in the Netherlands, the latest iteration of the
News
29 Oct, 2012
The electric Renault Twizy now gets the option of zip-on windows for £295
ROAD TEST EDITOR JONATHAN WONG: I was a fan of the first-generation Acura RDX, but it never caught on like its
Driveline specialist Dana Holding said sales for the third quarter of 2012 fell 12% year on year to $1.7bn with a currency-related hit accounting for $120m as "softening" North America demand affected commercial vehicle customers and "continued weakness" in South America further hit year on year sales comparisons by around $95m.
Seating and electrical power management systems (EPMS) supplier Lear Corporation reported adjusted earnings per share up 19% to US$1.29 on sales up 2% to US$3.5bn in the third quarter of 2012.
Ford and General Motors, struggling to reverse growing operating losses in Europe that could amount to a combined $1 billion, will each report plunging profits this week as they take different paths to fixing their operations in the region.
Continental is adding a fifth electronics plants in Mexico beginning in 2014 to produce short-range radar sensors.
Chery's September sales reached 47,948 units, an increase of 6.5% from August, and the automaker set a new export sales record - 40% or 20,269 units - for the month.
The Union Cabinet of India has given approval for the establishment of a National Automotive Board (NAB) to enable the government and local auto industry to promote R&D activities.
Honda Cars India is spending INR32bn (US$600m) on its Indian operations, increasing its total investments in the country to INR59.9bn.
Delphi has completed acquisition of FCI Group's motorised vehicles division, a global manufacturer of automotive connection systems.
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