Lear's second-quarter profits rose to $148.5 million on higher light-vehicle output, record seating sales, and solid gains and expanded profit margins in its electrical distribution business.
Fiat Chrysler and PSA Peugeot Citroen have denied a Financial Times report, which stated that the companies are planning to merge, Reuters said.
The Gujarat government in India has accepted that it gave Tata Motors a soft loan worth INR4.19bn (US$69.9m), The Economic Times said.
More than 15 vendors of Ford have moved to Sanand in Gujarat, investing around INR5bn (US$83m) and occupying over 130 acres of land in the Ford Vendor Park within Sanand GIDC estate, reports The Financial Express.
Ford India has opened a parts distribution centre in Kolkata, reported The Times of India.
General Motors plans to put around a fifth of its workers at the São José dos Campos, Brazil factory on paid leave, reported Reuters.
Daimler reported strong second quarter results this week and the outlook looks very good for the group, writes Sabine Blümel.
The 63rd Pebble Beach Concours d'Elegance will take place on the lawns of the famous Californian golf club between 15 and 17 August. The following vehicles and concepts will be world premieres.
The 63rd Pebble Beach Concours d'Elegance will take place on the lawns of the famous Californian golf club between 15 and 17 August. The following vehicles and concepts will be world premieres.
The 63rd Pebble Beach Concours d'Elegance took place on the lawns of the famous Californian golf club between 15 and 17 August, 2014. The following vehicles and concepts were world premieres.
The 63rd Pebble Beach Concours d'Elegance will take place on the lawns of the famous Californian golf club between 15 and 17 August. The following vehicles and concepts will be world premieres.
The 63rd Pebble Beach Concours d'Elegance will take place on the lawns of the famous Californian golf club between 15 and 17 August. The following vehicles and concepts will be world premieres.
UK labour body, Unite, is expressing surprise no-one came in with a bid for Unipart Automotive, which yesterday (24 July) went into administration with the loss of more than 1,200 jobs.
UK labour body, Unite, is expressing surprise no-one came in with a bid for Unipart Automotive, which yesterday (24 July) went into administration with the loss of more than 1,200 jobs.
It is always questioned why Brazil does not having a national car, utility or light commercial brand. Indeed, as the word's fourth largest market, conditions are favourable. Attempts have been made, sure, but even had they flourished it would be quite unlikely for them to survive nowadays.
An engineer recently fired by Ford is being investigated for possible espionage after the FBI found 8 listening devices installed in the company's world headquarters in Dearborn, Mich.
The Advanced Propulsion Centre (APC) has chosen the University of Warwick in the UK Midlands as the site for its hub location, supporting the 10-year, GBP1bn (US$1.6bn) industry and government commitment to the development of low carbon propulsion systems.
Articles
27 Jul, 2014
Driving abroad can be extremely stressful. We take the new test designed to improve driving safely on your holiday
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