Magna International reported a 19 percent rise in second-quarter profit and lifted its sales forecast for the year, buoyed by increased vehicle production in North America.
Marketers approach the challenge of promoting diesel as eco-friendly, amid broadening competition from hybrids, electric vehicles and higher efficiency gasoline engines.
America-made small cars selling at lower prices. Competition will be intense, observers say, because the subcompact segment is unlikely to see much growth in market share.
Chevrolet dealers preparing for the 2014 Corvette Stingray's arrival in early October face a choice between a short-term windfall and long-term loyalty.
The Detroit 3 slashed fleet sales in July, but Nissan North America, Hyundai-Kia and Toyota Motor Sales picked up the slack.
Porsche's goal of surpassing annual vehicle sales of 200,000 will be reached up to four years ahead of schedule analysts predict. Porsche's sales boss is not as bullish.
Uwe Bahnsen, a former Ford of Europe design boss who helped develop the automaker's aerodynamic styling in the early 1980s, has died at the age of 83.
Magna reported a 19 percent rise in second-quarter profit and lifted its 2013 sales forecast, buoyed by better-than-expected European and North American earnings.
GM has begun gradually cutting its presence in South Korea after mounting labor costs and militant unionism triggered a reevaluation of its reliance on the country for a fifth of its global production, sources say.
Porsche's goal of surpassing annual vehicle sales of 200,000 will be reached up to four years ahead of schedule and the brand will become even more profitable, helped by the arrival next year of the Macan SUV.
Uwe Bahnsen, a former Ford of Europe design boss who helped develop the automaker's aerodynamic styling in the early 1980s, has died at the age of 83.
Magna reported a 19 percent rise in second-quarter profit and lifted its 2013 sales forecast, buoyed by better-than-expected European and North American earnings.
Ford Motor Co. broke with its major competitors by increasing stock during July. Ford moved to a 66-day supply on Aug. 1, from 61 days on July 1, while other large automakers trimmed their supplies.
America-made small cars selling at lower prices. Competition will be intense, observers say, because the subcompact segment is unlikely to see much growth in market share.
Porsche's goal of surpassing annual vehicle sales of 200,000 will be reached up to four years ahead of schedule and the brand will become even more profitable, helped by the arrival next year of the Macan SUV.
For Soave Automotive Group's Aristocrat Motors in Merriam, Kan., a train vs. Jaguar race from Kansas City to Chicago offered the perfect opportunity to highlight the Jaguar XJL's all-wheel-drive technology.
GM has begun gradually cutting its presence in South Korea after mounting labor costs and militant unionism triggered a reevaluation of its reliance on the country for a fifth of its global production, sources say.
Safety-minded Subaru has a new pet project: crash tests for dogs. This year, the automaker started funding first-of-its-kind research by the nonprofit Center for Pet Safety to study the dangers of driving with a dog.
Porsche's goal of surpassing annual vehicle sales of 200,000 will be reached up to four years ahead of schedule and the brand will become even more profitable, helped by the arrival next year of the Macan SUV.
Uwe Bahnsen, a former Ford of Europe design boss who helped develop the automaker's aerodynamic styling in the early 1980s, has died at the age of 83.
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