Booming North American sales and big foreign exchange gains powered surging profits at Toyota in the latest quarter while propelling record full-year earnings. Operating profit jumped 46 percent to $5.
The new Renault Espace starts the renewal of the automaker's upper range where the brand trails rivals such as Volkswagen, Ford and Opel.
Toyota plans to ax 100 dealerships in Germany as the automaker's vehicle sales plunge in Europe's biggest market.
TrueCar reported continued revenue growth and another loss in the first quarter, and said it launched its TrueCash incentive program, which allows automakers to target discounts to specific consumers based on where they live, what they drive and...
Fiat Chrysler Automobiles' US subsidiary, FCA US, said it posted earnings of $312 million in the first quarter before a one-time gain of $2.4 billion and other one-time charges.
UAW Secretary-Treasurer Gary Casteel said today that the union is advancing its plan to become not only the works council partner at Volkswagen of America's Chattanooga assembly plant but the plant's collective-bargaining agent as well.
Canadian auto-parts maker Linamar said its first-quarter earnings and sales surged to records.
Tesla Motors is acquiring one of its suppliers of stamped parts, Michigan-based Riviera Tool, the automaker confirmed today.
A car salesman from a dealership in northern Michigan could be making a big career change.
Diversified Canadian supplier Magna International today reported sharply higher first-quarter earnings while revenues fell because of weaker currency values vs. the US dollar.
Mini's UK-based engineers are playing an increasing role in the development of new generation models, not least the latest John Cooper Works which has just gone on sale in major European markets.
Beginning in June, potential Porsche buyers can test drive the brand's cars and crossovers at the company's new $100 million US headquarters and customer experience center in Atlanta.
Ford is secure as market leader in Britain but there was a major upset in the April passenger car market with Vauxhall losing its traditional second place to Volkswagen.
New-car sales in Western Europe increased by 6.7 percent in April -- helped by a continuing economic recovery, new models and heavy discounting by automakers.
Visteon today reported strong first-quarter profits and sales thanks in large part to its 2014 acquisition of Johnson Controls' global electronics business.
News
6 May, 2015
Peugeot brings 'Roland Garros' name to special edition 108 city car, costing from £12,495
BMW has postponed a decision to build an assembly plant in Russia because of slow vehicles sales in the country and uncertainty caused by the economic crisis.
The sale of iconic Italian sports car brand De Tomaso to Hong Kong investment fund Ideal Team Ventures has created a headache for Turin's local authorities, who now own a dormant factory and are responsible for 800 jobless workers.
A three cylinder entry level engine is a key change in an updated BMW 3 Series range on sale in Europe from July. There are also new I4 and I6 engines while a plug-in hybrid follows in 2016.
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