Shares in Penske Automotive Group surged to a new four-year high today after the nation's second-biggest dealer group reported a 67 percent jump in first-quarter profits, helped by higher new- and used-vehicle sales. Penske shares closed up 12.
Hot on the heels of its apocalyptic drive video, the brand-new
Vladimir Antonov's holding company director Lars Carlstrom has warmly welcomed today's (28 April) Swedish National Debt Office (SNDO) decision to vindicate the Russian businessman's application to own up to 30% of struggling Saab.
Another week has slipped by with still no resolution of The Saab Question. And so our dossier continues to grow.
Some of you may have seen this already; itand#8217;s been popular on the map sites for a while. But those who donand#8217;t know about Bendix Woods County Park west of South Bend, Ind.
Yes, that was us, AutoWeek, on the set of the filming of Fast Five last fall, the fifth in the series of The Fast and the Furious movies, which opens on April 29 to already salivating audiences.
EDITOR WES RAYNAL: I am surprised that the Toyota Tundra isn't selling better--that is, I'm surprised it hasn't cracked the Ford/Chevrolet and to a lesser extent Dodge stranglehold on the large-truck category. This is a good truck.
EDITOR WES RAYNAL: I am surprised that the Toyota Tundra isn't selling better--that is, I'm surprised it hasn't cracked the Ford/Chevrolet and to a lesser extent Dodge stranglehold on the large-truck category. This is a good truck.
Sales of Ford F-150 pickups with the optional EcoBoost 3.
Sales of Ford F-150 pickups with the optional EcoBoost 3.5-liter V6 engine have surpassed company estimates, with some dealers reporting robust demand as gasoline prices rise.
Chrysler will take out bank loans and sell debt later this quarter to repay $6.6 billion in bailout loans from the U.S. and Canadian governments, the automaker said Thursday.
Chrysler will take out bank loans and sell debt later this quarter to repay $6.6 billion in bailout loans from the U.S. and Canadian governments, the automaker said Thursday.
Sergio Marchionne, CEO of Fiat and Chrysler, said today Chrysler Group could repay $7.53 billion in debts to the U.S. and Canadian governments before the end of June.
Chrysler will take out bank loans and sell debt later this quarter to repay $6.6 billion in bailout loans from the U.S. and Canadian governments, the automaker said today. Chrysler made the announcement ahead of a planned visit later today by U.S.
Chrysler Group on Thursday said it intends to repay in full loans provided by the US Department of the Treasury and the Canadian federal and Ontario provincial governments during the second quarter.
Some 700 participants gathered for the II Forum of the Automotive Industry, held in São Paulo by media group Automotive Business. There were 22 lecturers and five debating panels discussing the present scenario and future prospects for the sector as a whole, both in Brazil and abroad.
Federal-Mogul on Thursday said first quarter 2011 net income more than tripled to US$51m or $0.51 per share, compared with $15m and $0.15 a year ago.
Hyundai Motor on Thursday posted a sharp rise in first-quarter net profit amid brisk sales in overseas markets including China and the United States.
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
The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
