Tyre maker Goodyear booked a 2010 net loss of US$216m compared to $375m in red ink in 2009.
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BorgWarner said its 2010 sales were a record US$5.652bn, up 42.7% from 2009. Operating income was $504.3 million, or 8.9% of sales.
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Audi may add extra shifts at its German plants in a bid to meet booming demand and ahead of ambitious new sales targets.
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Along with the Vision ConnectedDrive concept, BMW will also unveil a production version of the all-electric 1-series ActiveE at the upcoming Geneva motor show.
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BMW's Vision ConnectedDrive, a radical concept the automaker will show in Geneva on March 1, will showcase a flamboyant new design language and advanced technologies set to make their production debut in BMW's future range-topping hybrid sports car...
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Automotive enthusiast, vintage racer, rapscallion and country-boy bon vivant Anatoly Arutunoff is in serious but stable condition following an accident on Feb. 8 while reportedly being a Good Samaritan.
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BorgWarner Inc. today said its fourth-quarter net income more than doubled from the same quarter last year -- and the supplier boosted its new-business expectations.
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Volkswagen is to invest EUR1bn (US$1.4bn) in Slovakia over the next five years to boost vehicle and components production at its operations near Bratislava.
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Opel has turned down a EUR30m (US$40.8m) bid from the Port of Antwerp for the land and buildings of its now defunct car assembly plan
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Ford is suing Ferrari for trademark infringement after the Italian company named its 2011 Formula 1 car the 'F150', the name of the US giant's top-selling pick-up truck.
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A Ram executive called competition among big trucks a daily "knife fight"--and his company's upgraded 2011 heavy-duty 3500 is spectacularly well armed.
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Renault will unveil a crossover concept at the Geneva auto show next month that shows the latest development of the company's new design strategy.
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Renault will unveil a crossover concept at the Geneva auto show next month that shows the latest development of the company's new design strategy.
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Ferrari has reacted quickly to the threat of legal action from Ford Motor Co. by renaming its 2011 Formula One car the F150th Italia.
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BMW will unveil a roadster concept at the Geneva auto show next month that combines a futuristic design with infotainment innovations.
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BMW will unveil a roadster concept at the Geneva auto show next month that combines a futuristic design with infotainment innovations.
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Chrysler Group is closely tracking currency exchange rates in Brazil, where the increasing strength of the Brazilian real has put pressure on its growth plans in the region, CEO Sergio Marchionne said.
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Asbury Automotive Group Inc. today said that Charles Oglesby, who turns 65 this year, has stepped down as president and CEO and that Chief Financial Officer Craig T. Monaghan will succeed him.
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AvtoVAZ and Kamaz are expected to agree on metal supply prices for 2011 with Russian steelmaker Severstal by 14 February 14, Alexei Rakhmanov, director of the Industry and Trade Ministry's auto industry department, said.
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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