We are now in the midst of what I like to call slash-your-wrists or lose-the-will-to-live season and it can apply equally to whether you are issuing or writing up a sometimes seemingly interminable series of quarterly results.
Porsche South Africa has bought the 72-hectare Kyalami racetrack, which hosted F1 races between 1967 and 1993, for 205 million rand (14.5 million euro) at an auction.
Valeo's sales for the first half of 2014 were up 7% to EUR6.35bn (US$8.54bn) compared with EUR5.94bn in the first half of 2013. EBITDA for the period was up 11% to EUR740m compared with EUR666m. The net income rose 38% to EUR262m from EUR190m.
3M's net sales for the second quarter ended 30 June 2014 were up 4.93% to US$8.13bn compared with $7.75bn in the second quarter of 2013. Its operating income for the period was up 9.05% to $1.86bn from $1.70bn in the corresponding period in 2013.
Dana's net sales for the second quarter ended 30 June 2014 were down 5% to US$1.71bn compared with $1.80bn in the same period of 2013. Income from continuing operations before income taxes were down 7.75% to $119m compared with $129m. Net income of the firm was down 6.3% to $90m compared with $96m in the year ago period.
Lear's second-quarter profits rose to $148.5 million on higher light-vehicle output, record seating sales, and solid gains and expanded profit margins in its electrical distribution business.
Fiat Chrysler and PSA Peugeot Citroen have denied a Financial Times report, which stated that the companies are planning to merge, Reuters said.
The Gujarat government in India has accepted that it gave Tata Motors a soft loan worth INR4.19bn (US$69.9m), The Economic Times said.
Ford India has opened a parts distribution centre in Kolkata, reported The Times of India.
More than 15 vendors of Ford have moved to Sanand in Gujarat, investing around INR5bn (US$83m) and occupying over 130 acres of land in the Ford Vendor Park within Sanand GIDC estate, reports The Financial Express.
General Motors plans to put around a fifth of its workers at the São José dos Campos, Brazil factory on paid leave, reported Reuters.
Daimler reported strong second quarter results this week and the outlook looks very good for the group, writes Sabine Blümel.
The 63rd Pebble Beach Concours d'Elegance took place on the lawns of the famous Californian golf club between 15 and 17 August, 2014. The following vehicles and concepts were world premieres.
The 63rd Pebble Beach Concours d'Elegance will take place on the lawns of the famous Californian golf club between 15 and 17 August. The following vehicles and concepts will be world premieres.
The 63rd Pebble Beach Concours d'Elegance will take place on the lawns of the famous Californian golf club between 15 and 17 August. The following vehicles and concepts will be world premieres.
The 63rd Pebble Beach Concours d'Elegance will take place on the lawns of the famous Californian golf club between 15 and 17 August. The following vehicles and concepts will be world premieres.
The 63rd Pebble Beach Concours d'Elegance will take place on the lawns of the famous Californian golf club between 15 and 17 August. The following vehicles and concepts will be world premieres.
UK labour body, Unite, is expressing surprise no-one came in with a bid for Unipart Automotive, which yesterday (24 July) went into administration with the loss of more than 1,200 jobs.
UK labour body, Unite, is expressing surprise no-one came in with a bid for Unipart Automotive, which yesterday (24 July) went into administration with the loss of more than 1,200 jobs.
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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