Federal-Mogul has posted net income of USD38m for the third quarter, up USD49m on the loss recorded in the same quarter last year.
-- This has been a busy week for 'Ring records, and it's only Wednesday. The latest unconfirmed report is that the McLaren P1 may have set a time of 6:47 around the course.
Continental is banking on growth outside Europe to help offset continued weakness in the region and is investing in adding tire production capacity in fast-growing markets.
There's one bit of advice that prospective old-car buyers can't hear enough: When hunting for a vehicle, always buy the nicest example you can afford.
EDITOR WES RAYNAL: This is my second drive in the new-for-2014 Chevy Impala. It's a nice, big, relaxing-to-drive sedan. It looks good to my eye inside and out.
The German government has won its fight to retain its right to veto hostile takeovers of Volkswagen and to have a final say on any possible factory closures.
A 50-50 joint venture between Germany's Getrag Group and China's Dongfeng will produce dual-clutch automatic transmissions starting in early 2016.
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