Oct
25th
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Hyundai Motor's third-quarter profit plunged by two-thirds, hit by a $440 million one-off charge related to costs from U.S. airbag and engine-related recalls.
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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Oct
25th
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Hyundai Motor's third-quarter profit plunged by two-thirds, hit by a $440 million one-off charge related to costs from U.S. airbag and engine-related recalls.
Oct
25th
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Tesla says its Model 3 will go on sale in Europe early next year, and CEO Elon Musk is expecting the electric car to compete with big sellers such as the BMW 3 series and VW Golf.
Oct
25th
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Daimler said customer demand remains strong even as a regulatory crackdown on diesel cars and a 13 percent sales slowdown for Mercedes-Benz cars in Germany weighed on third-quarter earnings.
Oct
25th
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Daimler said customer demand remains strong even as a regulatory crackdown on diesel cars and a 13 percent sales slowdown for Mercedes-Benz cars in Germany weighed on third-quarter earnings.
Oct
24th
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As widely anticipated Ford has posted a lower quarterly profit in the third quarter as high commodity costs and poor performance in China dented the bottom line.
Oct
24th
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Tesla reported net income of $312 million for the third quarter, its first GAAP profit in two years, as revenue doubled amid rising production of the Model 3 sedan.
Oct
24th
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Ford's losses in Europe increased in the third quarter due to weakness in Turkey and Russia, and launch-related costs for the latest Focus compact car.
Oct
24th
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Poor results in China and other overseas markets contributed to a 37 percent drop in third-quarter net income for Ford, and the automaker backed off its goal of raising its global profit margin to 8 percent by 2020.
Oct
24th
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Lithia reported net income of $93.1 million in the third quarter, a 79 percent increase over last year. That increase in part reflected gains related to the sale of dealerships and tax benefits.
Oct
24th
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A German court ordered Porsche Holding SE to pay shareholders $53.8 million in compensation for violating disclosure rules over an emissions scandal at its main investment, Volkswagen.
Oct
24th
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PSA posted a nearly 8 percent increase in quarterly revenue, buoyed by its acquisition of Opel/Vauxhall as well as strong sales of pricier Peugeot models.
Oct
24th
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PSA posted a nearly 8 percent increase in quarterly revenue, buoyed by its acquisition of Opel-Vauxhall as well as strong sales of pricier Peugeot models.
Oct
24th
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GM's Cruise self-driving car unit has landed $5 billion in commitments from SoftBank and Honda to develop a robot taxi that can safely navigate city streets. But the plan is hitting speed bumps.
Oct
24th
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The Detroit 3 and Tesla were at the bottom half of Consumer Reports' 2018 Auto Reliability Survey. The top American brand in Consumer Reports' 2018 Auto Reliability Survey was Ford, and it finished 18th out of 29 marques.
Oct
24th
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Geely's Volvo Cars has acquired a stake in electric car charging company FreeWire Technologies via its recently established Tech Fund.
Oct
24th
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PSA has posted third-quarter revenue up 7.8% to EUR15.4bn (US$17.5bn), while year-to-date revenue rose 20.1% to EUR54bn.
Oct
24th
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Through Daimler Financial Services' investment in Soul Machines, a developer of emotional intelligence for use in machines and digital avatars, customers may be able to make their purchase and finance decisions with advice from an avatar.
Oct
24th
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Jaguar Land Rover has added both Apple CarPlay and Android Auto functionality as standard to the 2019 Jaguar I-Pace and also as an option on some other 2019 model year vehicles with the InControl Touch Pro and Touch Pro Duo infotainment.
Oct
24th
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The new factory aims to manufacture Model 3 and Model Y cars, with annual capacity of 250,000 vehicles.