General Motors, its money-losing European unit Opel and the state of North Rhine-Westphalia are in talks to find a way to bolster employment in the economically-depressed region around its endangered Bochum plant in Germany.
EXECUTIVE EDITOR ROGER HART: I really like the new design, inside and out of the 2013 Ford Escape.
Ford said on Tuesday (30 October) it had booked best-ever third quarter profit - a pre-tax of US$2.2bn ($0.40 a share) and net of $1.6bn ($0.41). It ended the quarter with liquidity of $34.4bn, up $500m from the second quarter.
News
30 Oct, 2012
The F-Type will be the “most focused Jaguar in line-up”, according to brand director Adrian Hallmark
News
30 Oct, 2012
MPs accuse the Government of not doing enough to improve road safety
Mitsubishi Motors' first fiscal half sales fell 5% to JPY860bn (US$10.8bn). Operating income fell 10% to JPY30.8bn but net income soared 184% to JPY30.1bn year on year.
Former Iveco trucks R&D boss Gian Maria Olivetti has been appointed chief technology officer for powertrain at Michigan-based Federal-Mogul.
The media preview days may have come and gone but the Sao Paulo motor show is still open to the public (until 4 November) and, this year, turned an important page of its history by truly becoming part of the global launch circuit.
Fiat forecasts a prolonged downturn in the European market after reporting third-quarter operating losses in Europe grew 61 percent to 219 million euros from a year earlier.
Fiat forecasts a prolonged downturn in the European market after reporting third-quarter operating losses in Europe grew 61 percent to 219 million euros ($284 million) from a year earlier.
Ford posted a $1.63 billion third-quarter net profit, nearly matching its year-earlier total, as record high profits in North America more than offset mounting losses in Europe. Pretax operating profit rose to a record $2.16 billion from $1.
Ford posted a $1.63 billion third-quarter net profit, nearly matching its year-earlier total, as record high earnings in North America more than offset mounting losses in Europe. Pretax operating profit in North America increased to $2.
VW Group's biggest shareholder, Porsche Automobil, plans to use the bulk of its $3.34 billion in net cash for strategic acquisitions rather than return it to shareholders.
Porsche SE, the holding company that sold the Porsche sports car brand to Volkswagen in August, plans to use most of its 2.59 billion euros ($3.
News
30 Oct, 2012
Jaguar has confirmed that development of its 3 Series rival is still on track
News
30 Oct, 2012
Jaguar has unveiled the Concept Speedboat at the launch for the new XF Sportbrake estate
Keeping up with some of Volkswagen China's products is a bit like keeping up with all the models Nissan has named Sentra, Almera and Pulsar - you need to know your cars and perhaps call on some professional help like the goldmine that is our very own Product Life Database (PLDB for short). You sure need it after you go there and encounter a Mark 2 Jetta with a different nose to the one you remember, or a Mark IV Golf with the same generation Jetta's front end...
US component manufacturer body, OESA (Original Equipment Suppliers Association), says the current shortage of skilled engineers is not sustainable as the American automotive industry enjoys prolonged recovery.
Audi aims to match last year's operating profit of 5.35 billion euros ($6.92 billion) in 2012 despite falling profit in the third quarter.
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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