Oct
30th
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Global light vehicle assembly is forecast by Autofacts, PwC's automotive analyst group, to reach 81.8m units in 2013, a 3.3% gain on the previous year.
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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Oct
30th
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Perhaps you've seen that Mazda CX-5 commercial that compares the capable crossover to Thomas Edison. As far as advertisements go, it's not the most groundbreaking concept.
Oct
30th
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MAN expects no change in sales of heavy duty vehicles in core European markets next year while it could take "several years" to solve problems in its bus operations, the company said.
Oct
30th
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Hyundai believes it can boost its market share in Myanmar to over 15% over the next three to four years thanks to the popularity of South Korean culture in the country.
Oct
30th
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Ford will idle car and engine production at its Romanian factory for 13 days in November, its third straight month of stoppages in response to weak European demand.
Oct
30th
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Honda has agreed to sell its electronic parts subsidiary to Japan's Nidec Corp, a maker of precision motors, for about 50 billion yen ($509 million), the Nikkei business daily reported today.
Oct
30th
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EU car emissions fell 3 percent in 2012, putting automakers on track to meet a CO2 target of 130 grams per kilometer in 2015, according to data from the European Environment Agency (EEA).
Oct
30th
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Continental has announced the official start of production at a new tyre plant in Kaluga.
Oct
30th
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General Motors said third quarter net income plunged to $0.7bn or $0.45 a share, from $1.5bn or $0.89 a share a year ago. It explained that operating improvements during the quarter were more than offset by special items and tax expenses.
Oct
30th
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A jump in profits in North America and shrinking losses in Europe propelled General Motors' third quarter results, but Asia has emerged as a potentially lingering trouble spot.
Oct
30th
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Volkswagen Group has beaten analyst estimates with third quarter financial results that included a 20% rise in operating profit despite what it described as a 'difficult market environment'.
Oct
30th
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Panasonic won a new contract to supply cells to Tesla Motors' Model S and Model X in a deal that may generate $7 billion in revenue.
Oct
30th
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Volkswagen posted a 20 percent increase in third-quarter operating profit as Europe's largest automaker cut costs to compensate for a slumping market in its home region that's pressuring manufacturers to lower car prices.
Oct
30th
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Honda Energy do Brasil, Honda's wind power generation business subsidiary in Brazil, has held a ceremony joined by government and community officials to mark the start of construction of its new wind farm in the city of Xangri-lá in Rio Grande do Sul
Oct
30th
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Chrysler said net income rose to $464 million in the third quarter as strong sales of pickups and SUVs offset delays in launching the new Jeep Cherokee.
Oct
30th
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Chrysler said net income rose to $464 million in the third quarter as strong sales of pickups and SUVs offset delays in launching the 2014 Jeep Cherokee.
Oct
30th
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Chrysler said Q3 2013 net profit rose 22% year on year to US$464m with year to date net profit past the $1.1bn mark.
Oct
30th
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Honda has agreed to sell its electronic parts subsidiary, Elesys, to Nidec Corporation.
Oct
30th
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GM continued to trim its losses in Europe in the third quarter and posted a solid bottom line in North America on strong production of trucks and SUVs.