Auto News 5

Brembo plans to construct a cast iron foundry near its Homer brake and caliper manufacturing plant in Michigan, reported Tire Business.com.

The heavy cost of General Motors' unprecedented slew of safety recalls during the second quarter wiped out most of its profits, erasing the fruits of strong truck pricing in North America and sales growth in China.

General Motors posted an 85 percent drop in second-quarter net income, hurt by recall-related expenses in the United States and restructuring costs in Europe.

UK engine output slipped 0.9% to 1.3m units in the first half of 2014, the Society of Motor Manufacturers and Traders said.

News 24 Jul, 2014

New QUANT e-Sportlimousine electric sports car concept from NanoFlowcell could run on sea water and has been approved for public roads

ZF is considerably expanding its headquarters for China and Asia-Pacific in Shanghai: the space for offices, laboratories, and test benches will almost be quadrupled from 11,000 sq m to 54,000 sq m.

Pictures See all 7 pictures 24 Jul, 2014

Ford has boosted second quarter pre-tax operating profit US$44m to $2.6bn and net income $78m to $1.3bn as wholesale volume and company revenue slipped 1%. And it's finally back in pre-tax profit in Europe for the first quarter in three years.

Bentley expects 2014 deliveries to be lower than previously forecast as the carmaker is hit by the crisis in Ukraine and Russia and struggles to maintain high sales growth in China.

Bentley expects 2014 deliveries to be lower than previously forecast as the carmaker is hit by the crisis in Ukraine and Russia and struggles to maintain high sales growth in China.

News 24 Jul, 2014

A fifth model will join the Bentley range in 2018, with the potential for a sports car or a new coupe

Hyundai Motor has reported a 6.9% decline to net income in the second quarter, its bottom line dragged down by the stronger won.

Ford posted a second-quarter pretax profit of $2.6 billion, bolstered by a record performance in North America and its first quarterly profit in Europe in three years.

Ford posted a second-quarter pre-tax profit of $2.6 billion, boosted by its first quarterly profit in Europe in three years and record quarterly earnings in North America.

Unlike car output, UK commercial vehicle production continued to decline in June, reflecting 2013 "structural changes", the Society of Motor Manufacturers and Traders said.

The Society of Motor Manufacturers and Traders has reported a "robust first half of 2014 for UK car manufacturing with volumes up 3.5% to 791,314 units".

News 24 Jul, 2014

Two new models for the Bentley range are in the works, a new Azure convertible and a coupe Brooklands

Ford's struggling Lincoln brand, which has seen sales fall by 65% over the last 25 years, will have a new boss from 1 September in a move new Ford CEO Mark Fields described as "making clear we are serious about Lincoln as a world-class luxury brand".

News 24 Jul, 2014

The Ford Fiesta is now our best-selling car ever, but what did it beat to reach the top of the UK most popular cars list?

News 24 Jul, 2014

SEAT CEO confirms SUV design will be similar to Leon, while Cupra and smaller version under consideration