The Thai new vehicle market continued to recover in June, with sales rising by 5.8% to 63,808 units compared with 60,325 units in the same month of last year, based on data gathered by the Federation of Thai Industries (FTI).
China's BYD has confirmed Samsung Electronics had completed the acquisition of a 1.92% stake in the electric vehicle manufacturer for CNY3bn (US$450m).
Nissan has posted a 10.7% decline to net income for the last quarter as it was hit by a stronger yen and slower sales at home.
Toyota Australia has revised its diesel-powered HiAce range to improve fuel economy in the city while meeting stricter Euro 5 emissions standards.
Mercedes outlined plans to start selling an electric heavy-duty truck, a week after Tesla's initial sketch on battery-powered commercial vehicles failed to impress investors.
PSA Groupe has posted half year net income doubling to EUR1.2bn (US$1.32bn), although Group revenue fell marginally from EUR28m to EUR27.8m.
Mobileye has recorded second quarter net income up 75% to US£27m, from US$15.3m in the same period last year.
Plastic Omnium has posted half year automotive economic revenue up 8.7% to EUR2.99bn (US$3.3bn) out of a total business figure of EUR3.2bn.
Vauxhall can't seem to catch the Focus and Golf but the addition of the new estate is giving the griffin logo brand a strong sales boost, the Astra pulling past the VW Polo in June to become the UK's sixth best selling model.
Nissan reported a 9.2 percent slide in global operating profit in the latest quarter as foreign exchange losses bit hard into earnings.
Valeo reported a 23 percent rise in first-half profit as its intuitive driving and fuel-saving technology outpaced broader automotive industry growth in key markets
PSA unveiled record first-half profits on productivity gains and a European market rebound. The automaker said its operational margin resisted sterling's fall against the euro after the UK voted to quit the EU.
PSA unveiled record first-half profits on productivity gains and a European market rebound. The automaker said its operational margin resisted sterling's fall against the euro after the UK voted to quit the EU.
Tesla CEO Elon Musk said the company's Model 3 could generate $20 billion in revenue per year and an annual gross profit of about $5 billion.
Some of Fiat Chrysler's U.S. dealers have begun receiving subpoenas to provide documents and or testimony to a federal grand jury in Detroit as part of a probe into the company's sales reporting practices.
FCA US' move to revise the methodology it has used to report U.S. sales for 30 years and restating monthly results since January 2011 is unsettling.
Features
1 Aug, 2016
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Ally Financial's second-quarter net income nearly doubled to $360 million, and net financing revenue grew 7.4 percent, as the lender increasingly focused on profitability over quantity of loans and leases.
German prosecutors have widened their probe into Volkswagen Group's diesel emissions cheating, with 21 current and former staff under investigation.
A porter at Fairlane Ford in suburban Detroit died after he was pinned in between two trucks Tuesday morning. The Dearborn Police Department said other dealership employees found the man around 7 a.m.
With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up
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