The six largest automakers in the United States could have earned $1.4 billion more last year if they had improved their relationships with suppliers, a study says.
Pininfarina had an operating loss of 4.5 million euros in the first six months, 1.8 million euros less than in the same period last year.
The death toll from the explosion at the factory of a GM. supplier near Shanghai rose to 75, according to the official Xinhua News Agency.
July US light vehicle sales were hot, rising 9.2% to almost 1.44m units, producing a seasonally adjusted annual rate (SAAR) of 16.48m. That's a 720,000-unit improvement over last July and marks the fifth consecutive month the SAAR has been above 16m. However, that's a bit below the 16.7m predicted by industry analysts.
News
5 Aug, 2014
Most advanced version of armoured Mercedes S-Class is able to withstand attack from bullets, grenades and gas
GM China says it extends its "deepest sympathy" to the families of those killed and injured in this weekend's (2 August) dust explosion, which ripped through Kunshan Zhongrong Metal Products' factory in the east of the country.
News
4 Aug, 2014
Porsche demonstrates new Cayman GTS' handling prowess around Italian indoor go-kart track
A dust explosion at a tier two supplier in eastern China has killed at least 75 people, two officials of the firm have been arrested and supplies of alloy wheels to General Motors' Shanghai Automotive joint venture are in jeopardy though the automaker has sufficient stock for now.
New-car sales in Germany bounced back in July, suggesting further improvement in second-half demand in Europe's largest auto market.
Mazda Motor booked a record operating profit for Q1 with a year-on-year rise of 54% to JPY56.4bn (US$539m).
News
4 Aug, 2014
Reborn Lightweight E-Types, ultimate Range Rover Sport and US-spec F-Type Project 7 all bound for Pebble Beach Concours d’Elegance
Porsche sales are booming as the carmaker looks set to hit a target of 200,000 annual global sales before a 2018 deadline, but some industry watchers worry that too much emphasis on volume jeopardizes the brand's exclusivity.
The wraparound liftgate on the 2015 Lincoln MKC is unlike those on most crossovers. Because the MKC's liftgate has such a complex, curvy shape, it must make a three-stop odyssey before being attached to the vehicle at Ford Motor Co.'
Saleswoman Laura Madison markets herself and the brand she sells, Toyota, but not her dealership.
Denso Corp., the world's No. 2 parts supplier, is developing advanced radar sensors as it seeks to catch Robert Bosch and Continental in the market for parts that prevent accidents.
Silicon Valley is making waves with news about self-driving cars. But the most-advanced vehicles that consumers can actually buy today came out of Mercedes-Benz in Germany.
North America may seem like a distant dream for China's automakers, but that's not the case for suppliers. No longer content to export parts from China, a core group of enterprising suppliers is establishing factories in North America.
Memories of the recession have all but disappeared in the rearview mirror for Mercedes-Benz, Lexus, BMW and most other luxury brands, with their sales rising considerably faster than the rest of the industry this year.
If Lu Guanqiu has his way, his Wanxiang Group will bring the Fisker Karma back to life and establish the Chinese supplier as a high-profile coach-builder in the United States. There are big ifs. But Lu is not accustomed to failure.
Fresh off the heels of a joint venture in Barcelona, Spain, Penske Automotive Group Inc. will continue to expand with acquisitions in the United States and elsewhere.
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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