Nissan Motor expects to reach about 90% of domestic output it expected before the 11 March earthquake damaged its production bases, company officials said on Tuesday.
Group 1 Automotive Inc., the nation's fourth-largest auto dealership group, today reported a nearly 50 percent jump in first-quarter profit, helped by higher revenue. The company reported adjusted earnings of $15.5 million, or 67 cents per share.
The 2011 Chevrolet Volt and
AutoNation, the nation's largest auto retailer, posted a 26 percent increase in first-quarter net income while lowering its forecast for total U.S. industry sales this year because of vehicle-supply disruptions from last month's earthquake in Japan.
French tiremaker Michelin said revenue rose 28 percent in the first three months of this year. Sales advanced to 5.05 billion euros ($7.36 billion) from 3.94 billion euros a year earlier, Michelin said in a statement Tuesday.
Brazil has never had so many Chinese cars on offer as it does in 2011. They arrived quietly three years ago extremely low priced and sold without fanfare. The odds against them were the tiny service network of unknown automakers, quality problems and, for better informed potential buyers, low ratings in crash tests abroad.
Bentley reveals the 631bhp Supersports ISR
Don't miss Auto Express's guide to the third round of the 2011 Dunlop British Touring Car Championship.
Thailand's vehicle manufacturers announced further production cutbacks as the size of the rebuilding task in Japan in the wake last month's devastating earthquake and tsunami becomes clearer.
New models, rising U.S. sales, higher transaction prices and a rebound in Europe helped Ford post a first-quarter profit of $2.6 billion.
Ford first quarter net income of US$2.6bn (61 cents a share) on sales of $33.1bn beat the $2.12bn and $30.64bn consensus of analysts polled by Thomson Reuters.
Toyota and Honda have said their March outputs in Japan plunged some 63% year on year to record monthly lows as the earthquake and tsunami disrupted production operations.
Vauxhall unveils production-ready GTC which targets Mégane Coupé with stylish look
Ford, helped by a rebound in Europe, new models and higher transaction prices, reported a first-quarter profit of $2.6 billion Tuesday. In the first quarter of 2010, Ford earned just over $2 billion.
Spyker Cars will enter another round of talks today with the European Investment Bank but is doubtful that it can agree to the EIB's terms for a quick cash injection.
We take a peak inside the Golf Mk VII to reveal a brand new interior layout.
Toyota's production will not return to normal until the end of the year following last month's earthquake and tsunami in eastern Japan.
Honda Siel Cars India is the latest overseas Japanese car producer to announce production cuts as a result of parts shortages from Japan. It will reduce output at its Greater Noida plant by about 50% from May.
Johnson Controls has reported record sales and earnings for the second quarter of fiscal 2011. The company also increased its estimate for full fiscal year 2011 revenues.
The go ahead for a deal that would allow Spyker to raise cash for Saab depends on the approval of General Motors, Eva Srejber, the European Investment Bank's vice chairman, told a Swedish newspaper.
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. 
