Federal-Mogul rose to its highest price in more than two years after posting its second consecutive quarterly profit. The shares soared 24 percent to $19.44, the highest closing price since July 28, 2011.
Federal-Mogul Corp., which supplies fuel economy and emissions technologies, swung to a profit in the third quarter, a result of cost cuts and increased demand.
Research firm Frost & Sullivan says that its latest research points to car sharing in select European cities 'fast gaining ground'.
AvtoVAZ says it would welcome the move of current GAZ Group CEO, Bo Andersson, to head its operations as the Russian automaker gears up for its "big programme."
Frank Stronach, who founded supplier Magna International, will retire from Austrian politics after scoring just 6 percent in national elections with his party last month.
Frank Stronach, who founded supplier Magna International, will retire from Austrian politics after scoring just 6 percent in national elections with his party last month.
Lithia Motors said today that third-quarter revenue and profit rose on larger used-vehicle profit margins, more service business and cost controls.
News
23 Oct, 2013
Development work on the Peugeot 308 R has begun, set to rival the Volkswagen Golf GTI
News
23 Oct, 2013
A new, faster version of the Kia Cee'd GT hatchback will be developed in Europe
Ford is rejecting as "unfounded" a claim from the City of Genk for EUR61m (US$84m) in what some are speculating is lost future taxation receipts.
PSA Peugeot-Citroën and General Motors are reviewing plans to develop a new joint platform for B segment models, PSA said today as it announced its third quarter results.
Rolls-Royce Motor Cars said higher taxes means it makes about the same profit on a car sold in China as in other countries, despite higher sticker prices in the market.
News
23 Oct, 2013
The next-generation Ford Ka will be a practical, value-for-money city car with five doors
Faurecia, the French supplier owned by PSA/Peugeot-Citroen, said revenue rose 0.8 percent in the third quarter as currency effects curbed sales growth.
Faurecia, the French supplier owned by PSA/Peugeot-Citroen, said revenue rose 0.8 percent in the third quarter as currency effects curbed sales growth.
News
25 Apr, 2014
We count down the best car adverts of recent times - featuring chickens, ballerinas, boxing, gangster rapping and crying babies
Toyota is spending JPY5bn to expand capacity at its FAW Toyota Motor joint venture plant in Chengdu, China, to 50,000 units per year by March 2015.
Mario Spitzner is a man who loves motorcycles, loves his job, and loves America.
If you're a Rally fan, the Audi Quattro is already a legend.
The first car Mazda ever sold in America was the R100, a cute lil' two-door fastback that was, unsurprisingly, rotary-powered. The year was 1970. Iggy Pop had made that much explicitly clear with "
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