Daimler said on Thursday (22 October) it had set new records for unit sales and revenue in the third quarter of 2015. Revenue rose 13% year on year to EUR37.3bn on sales (also up 13%) of 720,000 cars and commercial vehicles. Sales of 508,400 units set a new quarterly record at Mercedes-Benz Cars.
Piero Ferrari, the son of Ferrari founder Enzo Ferrari, and the Agnelli family, who control Fiat Chrysler, plan to make any potential takeover of Ferrari maker virtually impossible even after the company's initial public offering.
Piero Ferrari, the son of Ferrari founder Enzo Ferrari, and the Agnelli family, who control Fiat Chrysler, plan to make any potential takeover of Ferrari virtually impossible even after the company's initial public offering.
As the auto industry searches for affordable routes to lower emissions, Matthew Beecham spoke to Gavin Houghton, managing director of RKLAB AG to learn more about its timely breakthrough in diesel fuel injector technology.
VW is investigating whether cars using early versions of its EA 288 diesel engine may have contained software that could manipulate emissions test data.
VW is investigating whether cars using early versions of its EA 288 diesel engine may contain software that could manipulate emissions test data, potentially widening a scandal that has rocked the automaker to millions more cars.
VW said its current-generation diesel engine does not have software designed to cheat on emissions tests, meaning its global recall of as many as 11 million cars will not need to be even bigger.
Hyundai Motor has reported that net income for the three months to the end of September declined 25% on last year to 1.2 trillion win (around US1.1bn) as it was hit by a fall in sales in China.
News
22 Oct, 2015
US pizza firm creates custom Chevrolet Spark-based delivery car, which can keep up to 80 pizzas hot at a time
Volkswagen Group will need hardware fixes for about 3 million cars in Europe affected by the automaker's diesel-emission manipulations.
Volkswagen Group's worldwide repair of 11 million diesel vehicles to bring their emissions systems into compliance with pollution regulations is shaping up to be one of the most complex and costly fixes in automotive history.
Daimler's third-quarter operating profit jumped by almost a third as strong demand in Europe and China coupled with new product launches spurred its vehicle sales to a record.
Drivers can remain distracted for up to 27 seconds after using voice commands on their phones or in-vehicle infotainment systems, research conducted for the AAA Foundation for Traffic Safety found.
Automotive News Europe needs your help to identify the Rising Stars in the European automotive industry. The award honors executives with a pan-European profile who have driven change, fostered innovation and made courageous decisions.
UAW-represented workers at Fiat Chrysler Automobiles appear in early returns to be overwhelmingly supporting a new four-year agreement with the carmaker after negotiators revised an earlier deal that failed to provide a pathway for entry-level Tier...
UAW-represented workers at Fiat Chrysler Automobiles approved a new four-year agreement with the carmaker after negotiators revised a rejected, earlier deal that failed to provide a pathway for entry-level Tier 2 workers to achieve full pay.
House Republicans today defended an industry-backed legislative proposal that would award automakers credits against federal pollution standards for adopting advanced collision-avoidance technology in cars and other light vehicles.
Ferrari shares, trading under the ticker symbol RACE, jumped 15 percent to $60 on its Wall Street debut today after the Italian supercar maker priced its share offering at the top of the range amid heavy investor demand.
A Chevrolet Spark modified by Domino's Pizza soon will allow some franchises to deliver up to 80 pizzas at a time. Domino's publicly unveiled its DXP pizza delivery vehicle today at its headquarters in Ann Arbor, Mich.
Net income at Asbury Automotive Group Inc. jumped 57 percent to $51.1 million in the third quarter, boosted largely by a gain on divestitures. Asbury CEO Craig Monaghan described the quarter as 'another record.'
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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