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Oct
25th

Group 1 eager for more acquisitions as profits rise

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Store acquisitions slowed during the third quarter for Group 1 Automotive Inc., but CEO Earl Hesterberg is still working to put deals together.
Oct
25th

Charlie Thomas collection auctioned near Dallas: Sale of 175-vehicle group generates $7.4 million

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Texan Charlie Thomas' success as a businessman allowed him to indulge his love of classic cars, and over several decades he built a collection of automobiles that would be the envy of any car guy.
Oct
25th

SWEDEN: Profits slump at truck maker Volvo

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Volvo, the world's second largest truck maker behind Daimler, reported operating profits down to SEK2.9bn (US$433m) from SEK5.8bn a year ago as third-quarter orders fell 25%. The company, which makes trucks under the Volvo, Renault, Mack, Eicher and UD Trucks brands, said it expects no growth in either Europe or the US next year.
Oct
25th

2014 Chevrolet Sonic Dusk heads to production

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Chevrolet said Thursday that its sinister Sonic Dusk will go into production for the 2014 model year. The lightly customized small car we saw at the
Oct
25th

First Drive: 2013 Nissan Sentra

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First Drive: 2013 Nissan Sentra
First Drive: 2013 Nissan Sentra - Automobile Magazine
A smaller Altima.

Nissan has a way of introducing new vehicles that instantly feel familiar. Earlier this year we drove the 2013 Nissan Altima, which felt like a more polished version of the 2012 Altima. The 2013 Sentra feels more like a baby Altima than an improved 2012 Sentra, which is a good thing.


Photo Gallery: First Drive: 2013 Nissan Sentra - Automobile Magazine

Photo Gallery: First Drive: 2013 Nissan Sentra - Automobile Magazine


Oct
25th

New SEAT Leon enters production

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New SEAT Leon
News 25 Oct, 2012

Production of the SEAT Leon has begun in Spain, after a £650m investment

Oct
25th

Hyundai posts $2 billion Q3 profit on gains from anti-Japan protests

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Hyundai said its third-quarter profits gained 13 percent as it benefited from anti-Japan protests in China and the i10 minicar helped the company buck the economic slump in Europe. Third-quarter net income climbed to 2.
Oct
25th

Spirit of Competition award given to Sam Posey by Simeone Museum

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Driver, broadcaster and author Sam Posey will receive the Spirit of Competition Award from the Simeone Automotive Museum at a gala dinner on Dec. 5.
Oct
25th

2012 Jaguar XJL Portfolio review notes: Liking Jag’s big cat more and more

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EXECUTIVE EDITOR BOB GRITZINGER: What a darling of an automobileand#8212;with a pitch-perfect interior, and an exterior swathed in what seems like a half-acre of stylish sheetmetal. I love the
Oct
25th

Ford will close two production sites in UK

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Ford said it will close two facilities in the UK as it seeks to return its European operations to profitability amid the region's slumping market.
Oct
25th

Volvo will cut production at Belgian plant

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Volvo Cars is cutting production at its plant in Ghent, Belgium, and will not renew contracts for 300 staff from employment agencies.
Oct
25th

Vauxhall, Peugeot and Citroen to share platforms

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Vauxhall Zafira
News 25 Oct, 2012

General Motors and PSA may develop four new platforms from 2016

Oct
25th

Ford to close 2 U.K. plants, says 2012 European losses will top $1.5B

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Ford said it will reduce production capacity in Europe by 18 percent, or 355,000 vehicles, and cut 6,200 jobs to bring its European operations back to profit. It warned its European operations would lose in excess of $1.5 billion for 2012.
Oct
25th

GERMANY: Ford confirms Southampton closure; Dagenham tooling and stamping going too

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Ford has confirmed it will close its Southampton Transit plant in southern England and also axe stamping and tooling operations at its Dagenham complex, east of London.
Oct
25th

Scion launches small-business incubator

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Toyota Motor's Scion youth brand is launching a small-business incubator competition for young people full of ideas but short of cash.
Oct
25th

LA PREVIEW: ‘Emergency’ facelift for Honda Civic

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A mere 18 months after it launched the current shape model, American Honda is about to reveal a styling update for the Civic. While the car has sold well, it has been subject to scathing reviews from the influential car reviewer Consumer Reports.
Oct
25th

Fiat will extend production breaks at Panda minicar plant

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Fiat plans to halt production for two weeks from November 26 at its southern Italian plant of Pomigliano, which builds the Panda minicar, because of a weak European market.
Oct
25th

GERMANY: Daimler Q3 net slips on revenue up 8%

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Daimler third quarter profits slipped in the third quarter as revenue rose 8% to EUR28.6bn. Group EBIT was EUR1,921m versus Q3 2011's EUR1,968m and net profit was EUR1,205m (EUR1,360m), leading to lower earnings per share of EUR1.03 compared with EUR1.21).
Oct
25th

FRANCE: Renault delays next Laguna & Espace until 2015

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In addition to details of a refit for its Sandouville plant in Normandy, Renault has also revealed the production start-up dates for its next Laguna and Espace models. Neither model will now be launched until 2015.
Oct
25th

FRANCE: Renault delays next Laguna and Espace until 2015

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In addition to details of a refit for its Sandouville plant in Normandy, Renault has also revealed the production start-up dates for its next Laguna and Espace models. Neither model will now be launched until 2015.
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