Nov
3rd
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Continental has raised its 2010 outlook but its third-quarter earnings missed analysts' estimates. Full story...
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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Nov
3rd
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BMW has booked a massive rise in third quarter profit to EUR874m, up from EUR78m a year ago on revenues up 35.6% to EUR15.94bn. Nine-month net profit was 2.03bn (EUR47m) on revenues up 20.7% to EUR43.73bn. Full story...
Nov
3rd
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Continental raised its 2010 forecasts for the second time this year, citing the auto industry's growth. The manufacturer's stock fell as quarterly profit missed estimates. Full story...
Nov
3rd
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Spanish parts maker Cie Automotive's nine-month net profits nearly tripled to EUR31.3m as revenues soared 43%, boosted by a strong performance of its business in the emerging markets. Full story...
Nov
3rd
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Aston Martin was profitable through the economic crisis and its new Cygnet minicar will be a cult hit like the brand's models made famous by James Bond movies, CEO Ulrich Bez said. Full story...
Nov
3rd
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Continental is confident its earnings will remain strong next year because of continued healthy car production rates, its finance chief said in an interview. Full story...
Nov
3rd
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Vehicle sales in Spain and France fell again in October sparking further concerns over the auto industry in both countries. Full story...
Nov
3rd
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Skoda Auto plans to double its revenue over the next 10 years, driven by higher sales in fast growing non-European markets, chief Winfried Vahland said. Full story...
Nov
3rd
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Top Chinese automaker SAIC is close to making a decision on whether to buy a stake in longtime partner General Motors as the U.S. auto firm makes its initial public offering, sources with knowledge of the matter said on Wednesday. Full story...
Nov
3rd
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Today, Wednesday 3 November, is the day automakers are scheduled to release their October sales figures, but a number of them jumped the gun and posted their results on Tuesday, mid-term election day. Full story...
Nov
3rd
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BMW made less money in the third quarter on its cars than Audi and Mercedes even as the revamped 5 series helped spark an 11-fold increase in net income. BMW posted an automotive operating profit margin in the quarter of 8. Full story...
Nov
3rd
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BMW made less money in the third quarter on its cars than Audi and Mercedes even as the revamped 5 series helped spark an 11-fold increase in net income. BMW posted an automotive operating profit margin in the quarter of 8. Full story...
Nov
3rd
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Honda, which for many years has been driving down the hybrid route, may be having second thoughts about demand for battery powered electric cars. Full story...
Nov
3rd
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GM and its Chinese partner, SAIC Motor, will cooperate on developing alternative-energy vehicles as the world's largest auto market aims to reduce its dependence on oil. Full story...
Nov
3rd
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GM and its Chinese partner, SAIC Motor, will cooperate on developing alternative-energy vehicles as the world's largest auto market aims to reduce its dependence on oil. Full story...
Nov
3rd
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New-car prices in Europe are tumbling as automakers are forced to offer big discounts to counter a sales slump caused by economic misery and the end of scrapping incentives.The price war is affecting automaker profits. Full story...
Nov
3rd
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Three of the four current and former dealers bidding to unseat Democratic incumbents in Congress are projected to sweep into office on a national wave of Republican votes. Full story...
Nov
3rd
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Most automakers posted solid U.S. sales gains last month, leading the industry to its strongest performance in more than a year in another sign that consumers are growing more confident. Full story...
Nov
3rd
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Hyundai-Kia, Subaru, Volkswagen and some smaller automakers posted sharp increases in October U.S. auto sales today as the industry appeared poised to record a solid month. Full story...
Nov
3rd
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General Motors Co. can get a tax break of up to $45 billion as part of its U.S. government-financed restructuring, documents filed with federal regulators earlier this year showed. Full story...