Fiat posted a narrower loss in Europe as CEO Sergio Marchionne cut investment in the region and delayed introduction of new models.
Chrysler-Fiat CEO Sergio Marchionne expects Chrysler to report a double-digit U.S. sales increase in July over July 2011 when figures are announced tomorrow.
Lexus Division unveiled its new
Honda Motor group net profit surged in the April-June quarter to JPY131.72bn, over four times more than the year before, boosted by brisk car sales in major global markets.
Sales of automotive airbags are set to increase rapidly between 2010 and 2017, forecasts suggest.
SENIOR ROAD TEST EDITOR NATALIE NEFF: The 2013 Infiniti JX35 has one of the most elegant rides I can recall in a while; it just glides over the road like silk on silk.
Mazda Motor remained in the red in the April-June quarter but narrowed its loss from a year earlier, reflecting a recovery in the domestic auto market from the March 2011 earthquake and tsunami disaster.
Dongfeng Nissan's new Venucia division gained its first product earlier this year. And it's apparently selling well. So it makes sense to launch another model, this time a rebadging of Nissan's just-discontinued Tiida/Versa five-door.
Nissan is expanding its global commercial vehicle sales and service network as it looks to double worldwide sales to 2m units by fiscal 2016.
Toyota plans to raise its 2012 global sales target to 8.8m units from 8.58m as sales continue to surge in emerging economies.
TRW made a smaller profit in the second quarter due to higher taxes and raw material costs as well as expenses tied to the company's growth plans.
Mazda may assemble cars in Brazil after abandoning a plan to ship vehicles from a Mexican plant under construction due to the South American nation's import restrictions, the Nikkei newspaper reported.
Penske Automotive Group expects to see a boost in luxury vehicle sales this quarter at its U.K. stores on the heels of the 2012 Summer Olympics in London. But the outlook for Penske's U.S.
Details are emerging over the sudden resignation of Joel Ewanick, General Motors' chief marketing officer and, according to press reports, it is all down to a deal with top English soccer club Manchester United.
Why these special stories on mobility? According the U.S. Census, nearly 10 million people age 18 to 64 have an ambulatory difficulty that could affect their ability to drive.
Inchcape, the UK-based international automotive distributor and retailer, booked first half sales of GBP3.1bn, up 6.1% year on year and operating profit up 10.1% to GBP138.4m.
British parts maker GKN has reported a first-half profit rise of one third driven by strong growth at its automotive business on the back of strong luxury car sales.
Honda Motor's quarterly profit surged nearly eight-fold on a rebound in its key North American market, prompting Japan's third-biggest carmaker to reaffirm its full-year earnings outlook and maintain its ambitious global sales target.
Honda reported profit for its first quarter that missed analysts' estimates after the yen strengthened and the company increased marketing spending to sell outgoing models.
Volkswagen Group has inaugurated a new plant for Shanghai Volkswagen (SVW) in Yizheng, Eastern China. The plant has an annual production capacity of 300,000 vehicles.