Toyota plans to curb daily vehicle output in Japan by 15 percent in April from a year earlier as it adjusts for a dampening of demand from a national sales tax rise, a source familiar with its production plans said today.
Imagine a big SUV that does 0-62mph in 5.3 seconds but returns an average 30-40mpg and handles like, well, like a BMW. Glenn Brooks has been driving the new X5 M50d.
Ford said on Tuesday (28 January, 2013) 2013's full year pre-tax profit of US$8.6bn was one of the company's best years ever, boosted by the highest automotive pre-tax profit in over a decade and continued "solid profit" from Ford Credit. Of interest this side of the Atlantic, the fourth quarter pre-tax loss at Ford Europe was $161m lower at $571m.
Ford earned $3 billion in the quarter, 90 percent more than the same period a year ago, though more than two-thirds of the profit was related to favorable tax benefits. Excluding the $2.
Ford posted fourth-quarter net income of $3 billion, nearly double the $1.6 billion the company earned in the same period a year ago, as strength in the automaker's core North American market offset losses in Europe and South America.
Ford earned $3 billion in the fourth quarter, helped by a large gain from one-time tax items, and its full-year profit rose as sales and market share increased in the United States.
Interesting to see American Honda was a net US exporter of vehicles last year.
Interesting to see American Honda was a net US exporter of vehicles last year.
Mary Barra, who took the reins as GM's CEO less than two weeks ago, will attend tonight's State of the Union address as a guest of first lady Michelle Obama, the White House said.
PSA aims to widen its planned work force cutbacks beyond 11,200 jobs in France by offering early retirement packages to encourage an additional 3,500 employees to leave by 2016.
American Honda became a net exporter in the US for the first time in 2013 - exporting 108,705 vehicles compared with the 88,537 vehicles imported from Japan.
Peter Lake is TRW executive vice president sales and business development and has been with TRW's automotive business since the 1999 acquisition of Lucas Varity, where he was serving as vice president of marketing for Lucas Varity Automotive. He talked to Simon Warburton on the sidelines of this year's North American International Auto Show in Detroit.
Workers at VW's plant in Hanover, Germany, are demanding the carmaker build a new model at the factory as it risks losing an order for the next Porsche Panamera.
Workers at VW's Hanover plant in Germany are demanding the carmaker build a new model at the factory as it risks losing an order for the next Porsche Panamera.
Workers at VW's German Hanover plant are demanding the carmaker build a new model at the site as it risks losing an order for Porsche's next Panamera coupe, a labor leader said.
News
28 Jan, 2014
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This past Sunday, Jim Marshall was posthumously bestowed a
A couple weeks ago, we showed you a 1967 Ferrari 330 GTS that had been sitting in a barn for 44 years following an engine fire. This car, chassis no.
The key to attractiveness, we all know, is twofold. Step one is to be attractive. Step two is not to be unattractive. Many people struggle with the latter.
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