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May
5th

Camaro sales ahead of Mustang for 2011, so far:

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In the sales race between pony cars, the Chevrolet Camaro is beginning to leave the
May
5th

ANALYSIS: Chrysler Group’s future holds a few product surprises

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Call it tweaking the plan, call it product development on the run, but however you rate it, there's no doubting the fact that Chrysler Group is making a name for itself as one of the industry's more adaptable players. This week alone, group CEO Sergio Marchionne has revealed new details of selected future vehicle programmes. Glenn Brooks, the analyst behind just-auto's PLDB forward model database, takes a look at what's coming and when.
May
5th

Jag’s jet car is go!

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Sensational C-X75 supercar gets green light for production - 200mph, £700,000 hybrid two-seater hits the road in 2013.
May
5th

GERMANY: Rising rubber prices worry Continental

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Continental said rising rubber prices will hit earnings after it posted a 62% rise in first quarter net profit on the back of surging emerging markets demand.
May
5th

CANADA: Frank Stronach finally quits Magna

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Magna International founder Frank Stronach has officially stepped down as chairman of the giant autoparts maker the immigrant Austrian toolmaker founded in Canada decades ago.
May
5th

U.S. automakers guilty of dumping, China rules

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China has found some U.S.-made passenger cars benefited from unfair subsidies, damaging its automakers, although Beijing side-stepped a potential trade row with the United States by not hitting them with duties.
May
5th

Tower’s Q1 profit of $9 million far exceeds expectations

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Auto supplier Tower International Inc. today reported a first-quarter profit, with the company's revenue boosted by higher vehicle production as the automotive industry recovers from its massive slump.
May
5th

ITALY: Fiat Industrial denies sale report

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Truck and tractor maker Fiat Industrial has denied it had hired banks to sell the company.
May
5th

US: GM Q1 result beats analysts’ expectations

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General Motors has announced first quarter results ahead of analysts' expectations with net income of US$3.2bn, or $1.77 per share, the post-Chapter 11 automaker's fifth consecutive profitable quarter. Revenue increased $4.7bn to $36.2bn, compared with the first quarter of 2010. Earnings before interest and tax (EBIT) were $3.5bn. EBIT adjusted to exclude special items was $2.0bn compared with $1.7bn in the first quarter of 2010.
May
5th

Visteon posts $39 million Q1 profit, raises 2011 outlook

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Auto parts supplier Visteon Corp., which emerged from bankruptcy last year, today reported a lower quarterly profit and raised its full-year outlook due to rising vehicle production around the world. The one-time parts unit of Ford Motor Co.
May
5th

GM profits surge to $3.2 billion in first quarter

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General Motors today posted net income of $3.2 billion for the first quarter, its fifth straight quarterly profit since emerging from bankruptcy. Stripping out one-time charges and gains, including $1.
May
5th

GM profits surge to $3.2 billion as European unit breaks even

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GM posted net income of $3.2 billion for the first quarter, its fifth straight quarterly profit since emerging from bankruptcy.
May
5th

SWEDEN: Saab restart hopes appear to hit EIB bureaucratic wall

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Saab's hopes of re-starting production next week appear to be coming up against the bureaucratic wall of the European Investment Bank (EIB).
May
5th

US: Cracking GM Q1 results expected

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General Motors is expected to report first quarter operating earnings more than double a year earlier, driven by recovery in the US and strong sales in Asia.
May
5th

AUSTRALIA: Holiday weekend slows April sales

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The Easter and Anzac Day long weekend helped to restrain new car sales in April, official Australian auto industry data showed.
May
5th

NEW ZEALAND: Passenger car sales slow in April

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Easter, school holidays and new vehicle supply constraints all contributed to a slow-down in new passenger car sales in New Zealand during April.
May
5th

MALAYSIA: Perodua to make automatic transmissions in 2012

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Perodua, Malaysia's second national car company, plans to begin construction of a new electronic automatic transmission (EAT) plant in Malaysia in the fourth quarter of 2011.
May
5th

THAILAND: New excise taxes delayed

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The restructuring of Thailand's automotive excise taxes in favour of an emissions-based system has been delayed further following disagreements between the various ministries.
May
5th

2012 Mercedes-Benz SLS AMG convertible previewed ahead of Frankfurt debut:

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The Mercedes-Benz SLS AMG was instantly captivating for its looks and soaring gullwing doors. Now comes the roadster variant, which
May
5th

2012 Mercedes-Benz SLS AMG convertible previewed:

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The Mercedes-Benz SLS AMG was instantly captivating for its looks and soaring gullwing doors. Now comes the roadster variant, which
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