Jan
23rd
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Ford is to take an US$800m pre-tax hit in results for the fourth quarter of 2014 due to the currency woes in Venezuela.
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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Jan
23rd
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Independent of obligations imposed by the industrial policy, all automakers building cars in Brazil (or about to) intend to increase their local content percentage. This is due to spiralling logistic costs, direct and indirect tax rises on imports and, especially, because there is a clear tendency towards a dollar to real valuation in this and in the years to come.
Jan
23rd
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General Motors is cutting production of its Chevrolet Sonic and Buick Verano small cars amid higher-than-normal inventories, a sign that low gasoline prices could be weakening the sales outlook for small cars.
Jan
23rd
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Honda will end sales of the Accord midsize sedan in Europe after the car failed to make headway against German rivals.
Jan
23rd
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So the saga of the Osaka is finally over - at least the seaborne element of it anyway - but perhaps now the real drama begins back at port in Southampton.
Jan
23rd
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George Gibson Jr., a former chief engineer for Dodge, died Wednesday in Rochester, Minn. He was 92.
Jan
23rd
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Just back from what was my first ever Honda launch event to bring you news of the 2015 CR-V update for Europe, majoring, of course on a new diesel engine and ZF's new(ish) nine-speed automatic.
Jan
23rd
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European Union antitrust authorities will decide by Feb. 26 whether to approve German supplier ZF Friedrichshafen's $13.5 billion bid for U.S. rival TRW Automotive.
Jan
23rd
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Ford said it will take a one-time pretax charge of $800 million in its fourth quarter results because the inability to exchange US dollars for Venezuelan bolivars has restricted operations in the South American country.
Jan
23rd
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MW Group has announced that from From 1 March 2015, Sebastian Mackensen will take on responsibility for the MINI brand.
Jan
23rd
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Johnson Controls has reported upbeat results for its fiscal first quarter (to December 31) with automotive profitability up 26%, despite a downturn in automotive revenues blamed on exchange rates.
Jan
23rd
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When you already have a vehicle that is a major success (outselling all car models in the US in December) and one of the most popular models in its segment pretty much worldwide, there's not too much point in altering the recipe too much.
Jan
23rd
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Ram's newest advertising blitz features singer Miranda Lambert and her song, 'Roots and Wings,' written exclusively for the campaign. The campaign includes television, print, digital, social media and long form video elements.
Jan
23rd
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Kumho Tyre plans to shift and combine both its Nanjing plants in China to an economic development zone in Pukou following a government regulation in 2011 which requires all the factories in the city to be moved to the outskirts.
Jan
23rd
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General Motors has told dealers to halt sales of 6,281 units of its 2015 Buick Enclave, GMC Acadia and Chevrolet Traverse SUVS equipped with Goodyear tyres pending a recall. Of these, 5,830 are in the US.
Jan
23rd
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Volkswagen and BMW have teamed up to set up around 100 EV charging stations along the west and east coasts of the US.
Jan
23rd
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The SMMT has announced that UK car production in 2014 totalled 1,528,148 units - a 1.2% increase on the previous year and the best year since 2007.