There's a very special 1952 Nash Statesman for sale on Hemmings right now.
-- This video about a preserved
Canadian auto parts supplier Magna International said third quarter net income fell 18 percent to $319 million.
New car registrations in the UK have now grown for 20 months and October's 4% rise to 157,314 and year to date rise of 10.2% to 1,952,238 units has prompted the SMMT to raise its forecast. Commercial vehicle sales have also risen.
New car registrations in the UK have now grown for 20 months and October's 4% rise to 157,314 and year to date rise of 10.2% to 1,952,238 units has prompted the SMMT to raise its forecast. Commercial vehicle sales have also risen.
Shell says it is continuing to evaluate possible gas-to-liquid (GTL) production in the US to add to its huge Pearl project already established near Doha in Qatar.
Ford and its local joint venture partners in China boosted wholesales 55% year on year to 93,969 vehicles in October.
Canadian supplier Magna, which has been working to turn around inefficient operations in Europe, reported a nearly 13 percent rise in quarterly sales as business in the region improved.
Daimler said October sales for its Mercedes brand rose 15 percent because of strong demand for the new E class.
American Axle & Manufacturing's (AAM) net sales for three months ended 30 September was up 16.77% to US$820.8m compared with $702.9m in 2012. Its operating income improved drastically to $67.5m compared to $30.1m in 2012. Its income before income taxes amounted to $37.7m in the period compared to the loss before income taxes of $7.3m in 2012.
Toyota Motor Corporation said it boosted first (fiscal) half operating and net profits on sales up 14.9% to JPY12.53 trillion though unit volume was down 48,000.
Goodyear in France says it has had no information from Titan International concerning a possible takeover of its tyre plant in Amiens Nord, despite speculation the American company could launch a bid.
Ford said it would launch 17 new or refreshed Ford and Lincoln vehicles in the next 24 months to accelerate growth in the Middle East and Africa - including the Fusion sedan and the EcoSport small SUV launched at the 2013 Dubai show.
BorgWarner has announced US$2.9bn of expected net new powertrain business for 2014 through 2016, up 26% from the previous three year net new business.
News
6 Nov, 2013
Increase in October new car registrations marks the 20th consecutive month of growth
Daimler's Smart brand is seeking to revive its fortunes with the release of two refreshed models, the ForTwo and ForFour, next year.
Microsoft has narrowed its list of external candidates to replace chief executive Steve Ballmer to about five people, including Ford CEO Alan Mulally and former Nokia CEO Stephen Elop, "sources familiar with the matter" have told the Reuters news agency.
Just a couple weeks ago, the Scarsdale Concours d'Elegance welcomed car fans from all over the northeast to the center of Scarsdale, N.Y.
Geely's Volvo Cars has officially started series production of the S60L at its manufacturing plant in Chengdu, China.
Toyota raised its annual profit forecast as the weaker yen, growing U.S. sales and a recovering Europe boost earnings.