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.
GM posted net income of $3.2 billion for the first quarter, its fifth straight quarterly profit since emerging from bankruptcy.
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.
Saab's hopes of re-starting production next week appear to be coming up against the bureaucratic wall of the European Investment Bank (EIB).
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.
The Easter and Anzac Day long weekend helped to restrain new car sales in April, official Australian auto industry data showed.
Easter, school holidays and new vehicle supply constraints all contributed to a slow-down in new passenger car sales in New Zealand during April.
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.
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.
The Mercedes-Benz SLS AMG was instantly captivating for its looks and soaring gullwing doors. Now comes the roadster variant, which
The Mercedes-Benz SLS AMG was instantly captivating for its looks and soaring gullwing doors. Now comes the roadster variant, which
Germany's cabinet plans to reduce taxes on electric cars used for business and purchase thousands of EVs to boost the electric auto sector, according to a newspaper report.
Continental said rising rubber prices will dent earnings as it posted a 62 percent rise in quarterly net profit on the back of surging emerging markets demand.
Continental said rising rubber prices will dent earnings as it posted a 62 percent rise in quarterly net profit on the back of surging emerging markets demand.
New pictures of Mercedes' SLS Roadster show drop-top supercar in clearest detail yet
Canadian supplier Magna International Inc. today reported a better-than-expected 44 percent jump in first-quarter profit. Magna, the world's No.
The Who Works Sports Guides are proud to announce the launch of the 2011 Edition of the Who Works in Motorsports.
Volkswagen and Microsoft have just joined forces to develop a new in-car entertainment system delivering ''an outstanding multimedia experience'' and potentially signalling the end of DVD players in VW vehicles.
Honda can, without a doubt, be considered an environmentally friendly car company. Their small cars, the Fit and the Civic, are versatile, fuel-efficient and produce low levels of CO2 emissions. Their hybrid models, the Insight and CR-Z, are extremely efficient. So how can they justify an 8-passenger SUV in their product line-up?
An unnamed team principal has criticised formula one's so-called 'green' energy-recovery KERS technology.
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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