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.
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
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.
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.
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.
Honda has agreed to sell its electronic parts subsidiary, Elesys, to Nidec Corporation.
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.
French supplier Faurecia said sales in China rose 26 percent to more than 338 million euros (2.84 billion yuan) in the third quarter.
Honda boosted fiscal second quarter operating profit 70% year on year to JPY171.4bn despite higher costs after vehicle sales in North America and motorcycle sales in Asia rose.
News
30 Oct, 2013
We take a ride in the Mercedes S-Class Coupe Concept, and it's more luxurious than outgoing CL
News
20 Nov, 2013
Subaru has revealed new concept cars at the Tokyo Motor Show, including the BRZ-like Sport Cross concept
Canadian supplier Magna aims to generate $4 billion (24.35 billion yuan) in sales in China by 2020, more than four times the revenue expected for this year.
News
31 Oct, 2013
The second-generation Audi Q7 is set to arrive next autumn and will rival the BMW X5
Beijing Automotive Industry Holding Company (BAIC), which has a joint venture with Daimler's Mercedes-Benz, has agreed to spend RMB3.6bn (US$591m) on a new automotive production joint venture in China's Yunnan province, in cooperation with Yunnan Jingcheng Group.
Malaysia's first national car company, Proton Holdings, reported a 27% year on year increase in third quarter sales to 43,260 units, helped largely by the introduction of the Saga SV compact saloon in June.
News
30 Oct, 2013
The new BMW M3 saloon has been spied completely undisguised on a biker’s helmet video camera in LA
Every year, hundreds of new cars and trucks pass through our fleet for evaluation, and we're always on the lookout for those dazzling few deserving more careful scrutiny for our top honors: The
-- Just in time for Halloween, here's a project car as scary as it is inexplicable.
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