Japan's Fuji Heavy Industries, the maker of Subaru cars, posted a 70 percent jump in quarterly operating profit as sales continued to climb in the United States, its biggest market, and a weak yen boosted the value of earnings overseas.
Opinion
31 Jul, 2015
Toyota is celebrating 50 successful years in Britain, but columnist Mike Rutherford thinks its needs some new blood
China's Chery Automobile said it exported 50,130 vehicles in the first half of 2015, more than 25% of all Chinese vehicle exports in that period.
Maserati's profits will recover when the brand launches its first SUV next year, Fiat Chrysler CEO Sergio Marchionne said. Maserati's second-quarter earnings fell by 30 percent and global vehicle sales were down 13 percent.
Pininfarina is still hoping to clinch a sale to Indian automaker Mahindra and Mahindra but has begun drafting a stand-alone business plan as its financial position worsens.
BorgWarner has reported net earnings for the second quarter 22% down, hit by currency effects and a stronger dollar.
News
31 Jul, 2015
AA study reveals 59 per cent of drivers won't buy low emission cars under new VED road tax bands
Honda's quarterly profit jumped 20 percent as strong sales in the U.S. and a weak yen helped to absorb the impact of higher quality-related costs linked to a recall of cars equipped with Takata airbags.
News
31 Jul, 2015
Lexus adds 2.0-litre turbo petrol engine to RC coupe range, with deliveries expected at the end of 2015
The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, August 3.
Spain's CNMC competition authority fined 21 automakers and two consultancy firms 171 million euros for anti-competitive practices. GM and Ford were given the highest penalties.
Spain's CNMC competition authority fined 21 automakers and two consultancy firms 171 million euros for anti-competitive practices. GM and Ford were given the highest penalties.
General Motors is recalling 82,620 Cadillac ATS sedans and issuing a stop sale on the vehicle for issues with the power sunroof. GM already had recalled 67,000 ATS sedans in February for the same issue.
Toyota will turn to a little-known company instead of Apple or Google to provide navigation and phone connectivity, as it seeks to maintain control of the car features.
The U.S. Senate passed legislation that will triple the maximum fines automakers pay for violations of motor-vehicle safety laws yet bypassed other measures sought by consumer groups.
Chassix Holdings, following its successful emergence from Chapter 11 bankruptcy proceedings, has secured $300 million of exit financing and named a new board of directors.
A researcher is advising drivers to halt the use of a mobile app for General Motors' OnStar vehicle communications system, saying hackers can exploit a security flaw in the product to remotely unlock cars and start engines.
Mitsubishi Motors today said its fiscal first-quarter net income fell 15 percent to 23.99 billion yen, or $195.56 million, brought down by widening losses in Japan, poor performance in Europe and a drop in global factory unit sales.
Targeting techies is an important marketing strategy for automakers, according to a new study from J.D. Power. The company's 2015 U.S.
General Motors Korea union workers have approved a new pay deal but just 55% said yes.
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