Auto News 5

Toyota's (TMC) vehicle powertrain production subsidiary in Changshu, China, Toyota Motor (Changshu) Auto Parts (TMCAP), has held a ceremony to officially mark the start of localised production of continuously variable transmissions (CVTs), which is a first for Toyota outside Japan.

PSA Peugeot Citroën reported a profit for the first time in three years as cost cutting measures, including the closure of a plant near Paris, began to help the company turnaround by reducing its break-even point.

Mazda produced 608,784 cars in the first half of the year, a 7% rise over the same period in 2013.

Car sales in Italy, growing at half the overall pace of the rest of the EU, could be boosted by tax incentives, according to news agency reports.

GM faces a lawsuit filed on behalf of 658 people who it is alleged either died or were injured due to the automaker's ignition switch defect.

News 30 Jul, 2014

BMW has released a video of its new M235i performance coupe in a flashmob-style drifting demonstration.

Fiat has unveiled second quarter net profit plunging 54% to EUR197m (US$264m), although worldwide shipments rose 2% to 1.2m units.

News 30 Jul, 2014

Mercedes-Benz confirms its new S-Class Coupe will arrive in the UK this September, priced from £96,565

Ford says it is collaborating with seven global automakers and 15 US utilities to develop technology that would allow plug-in electric vehicles to exchange messages with energy providers.

Paccar has unveiled second quarter earnings up 9% to US$319m, with sales and financial services revenue of US$4.57bn, up 6%.

Fiat reported a fall in second-quarter operating profit as a better performance from its luxury brands and its Asia and European operations failed to offset weak Latin American and disappointing North American results.

Fiat, preparing for shareholders to vote on its merger with Chrysler Group in two days, reported a fall in second-quarter operating profit as a better performance from its luxury brands and its Asia and European operations failed to offset weak...

Fiat reported a fall in second-quarter operating profit as a better performance from its luxury brands and its Asia and European operations failed to offset weak Latin American and disappointing North American results.

Fiat plans to review leasing and incentive practices in North America to boost margins and meet global full-year earnings targets after second-quarter operating profit in the region fell 18 percent, despite a 7 percent rise in sales.

Faurecia has unveiled first half profits up 21% to EUR311m (US$417m) with sales rising 4% to EUR9.33bn.

News 30 Jul, 2014

Jaguar Land Rover’s Special Vehicle Operations team sets Nurburgring lap record for a production SUV with its new Range Rover Sport SVR

News 30 Jul, 2014

Jaguar builds up for the launch of the new XE saloon by releasing fresh images

News 30 Jul, 2014

Government has announced a number of measures for autonomous cars to be tested on UK roads

PSA/Peugeot-Citroen narrowed its first-half net loss and posted the first positive contribution from its core auto division in three years, as the carmaker's recovery plan began to show early results.

PSA/Peugeot-Citroen narrowed its first-half net loss and posted the first positive contribution from its core auto division in three years, as the carmaker's recovery plan began to show early results.