Auto News 5

A sampling of what analysts and others are saying about GM's second-quarter financial results released today:

Prior to moving to the UK, I had almost zero exposure to the Kia brand which, 20 years ago, was mostly recycled Mazdas. And something called a Festiva which was a Mazda 121 built on an OEM basis for Ford Asia Pacific. If someone had told me the brand - under different ownership - would one day come at least within nose-punching distance of Lexus and those European 'premium' brands, I'd have laughed. But the day, it appears, has arrived.

South Africa's Department of Labour says all parties in the country's protracted metalworking strike have accepted wage proposals, but divisions still remain concerning future bargaining methods.

News 26 Jul, 2014

The UK is owed a massive £82m debt in unpaid congestion charge and parking fines by foreign embassies and US is the worst offender

UK labour body, Unite, says it is asking for a rapid meeting with authorities handling Unipart Automotive, following the component supplier's placing into administration today (24 July).

Bentley may add a fifth model to its lineup after it launches an SUV in 2016, CEO Wolfgang Duerheimer said. The new model could be a two-seat sports car or a bigger model, the executive said.

Bentley may add a fifth model to its lineup after it launches an SUV in 2016, CEO Wolfgang Duerheimer said. The new model could be a two-seat sports car or a larger model slotted between the Continental GT coupe and Mulsanne sedan.

Bentley may add a fifth model to its lineup after it launches an SUV in 2016, CEO Wolfgang Duerheimer said. The new model could be a two-seat sports car or a larger model slotted between the Continental GT coupe and Mulsanne sedan.

Bentley may add a fifth model to its lineup after it launches an SUV in 2016, CEO Wolfgang Duerheimer said. The new model could be a two-seat sports car or a larger model slotted between the Continental GT coupe and Mulsanne sedan.

Group 1 Automotive today said its second-quarter net income tumbled 55 percent from a year earlier to $16.9 million, dragged down by a struggling economy in Brazil which accounts for 8 percent of its revenue.

News 24 Jul, 2014

Forthcoming Twingo looks set to get the Renaultsport treatment, including revised three-cylinder turbo engine

Pictures See all 5 pictures 24 Jul, 2014

News 24 Jul, 2014

Safety concerns mean that HGVs on the UK's single carriageway roads will be able to travel at 50mph from 2015

General Motors' European operations are moving slowly in right direction towards a target of hitting profit by mid-decade reporting a second quarter EBIT-adjusted loss of US$300m, which included US$200m for restructuring costs.

BMW has launched its ActiveHybrid 7 sedan in India for INR13.5m (US$224,952), reported Press Trust of India.

Honda plans to make India its export hub for manual transmissions.

Brembo plans to construct a cast iron foundry near its Homer brake and caliper manufacturing plant in Michigan, reported Tire Business.com.

General Motors posted an 85 percent drop in second-quarter net income, hurt by recall-related expenses in the United States and restructuring costs in Europe.

The heavy cost of General Motors' unprecedented slew of safety recalls during the second quarter wiped out most of its profits, erasing the fruits of strong truck pricing in North America and sales growth in China.

UK engine output slipped 0.9% to 1.3m units in the first half of 2014, the Society of Motor Manufacturers and Traders said.