General Motors (GM) has reported a 14% fall in net profits during the first three months of 2013, as its European operations were hit by the region's economic crisis.
News
2 May, 2013
McLaren has confirmed that two-thirds of the P1 production run has sold
New car sales in Italy, Europe's fourth-largest car market, fell 11 percent in April from the same month a year ago to 116,209 vehicles, Italy's Transport Ministry said on Thursday.
News
2 May, 2013
Audi has confirmed that a hybrid supercar is on track for production, but could use petrol power instead of diesel
When you stop and think about it, the ice cream truck -- that music-blaring, sometimes creepy summertime staple -- is a truly incredible thing.
Hyundai Motor will expand production at one of its factories in Beijing, China.
I credit (or blame, depending on the day) the Maserati Ghibli for my automotive affliction.
Higher new-vehicle sales and increased gross profits in all business segments drove Group 1 Automotive's operating income higher during the first quarter of 2012, but net income dropped 4 percent.
Volkswagen is developing a 10-speed dual-clutch transmission to help reduce fuel consumption in its vehicles, CEO Martin Winterkorn said.
A 1965 Dodge Coronet 500 Hemi convertible was the top seller at the second annual Novi Metro Detroit Spring Classic Car Auction on April 27.
KAR Auction Services, parent company of vehicle-auction company ADESA, said its first-quarter net income rose 12 percent to $29 million on a 10 percent increase in revenue, to $558 million.
Alcoa, the nation's largest aluminum producer, will expand a plant in Tennessee to meet increasing demand for the lightweight metal in cars and trucks.
We spend a lot of time on the Internet -- pretty much whenever we're not driving, writing about or working on cars.
The last time we backed the tow truck into the pool of liquid fluorine that fills the Hell Garage, the eternal-damnation options turned out to be
Today I am going to lecture you about the benefits of slow, boring, electric-car transportation as it relates to V2G connectivity. Also, about the virtues of eating broccoli.
Welcome to Autoweek Track Time. You've seen "Top Gear" send the Stig -- a and#8220;tame racing driverand#8221; -- around an airfield in Old Blighty. We're basically going to copy them, but our version will be different in three very important ways:
GM's first-quarter net profit dropped 14 percent as profits in North America slipped and losses in Europe eased. European losses narrowed because of cost cuts and strong demand for new models, GM CEO Dan Akerson said.
General Motors' first quarter net profit dropped 14 percent, to $865 million, as profit in North America slipped and losses in Europe narrowed.
China Automotive Systems, Inc. has announced that its subsidiary, Jingzhou Henglong Automotive Parts Co., Ltd., has entered into a multi-year agreement to supply the SAIC-GM-Wuling (SGMW) joint venture with its rack and pinion power steering systems.