Chrysler Group LLC today posted a second-quarter net loss, but reported an operating gain of $183 million -- a $40 million improvement over the first quarter's operating profit.
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Toyota, the biggest exporter of autos to the United States, is trying to cut production costs for the Yaris and Corolla cars as the yen's advance toward a 15-year high against the dollar makes it unprofitable to build small model in Japan for sale...
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Chrysler Group on Monday said its second quarter operating profit was US183m, up $40m over the first quarter on revenues up 8.2% to $10.5bn.
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German exports rose more than economists forecast in June as the global recovery helped bolster an export-led expansion in Europe's largest economy. Sales abroad, adjusted for working days and seasonal changes, rose 3.
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Mitsubishi Fuso Truck & Bus Corporation (MFTBC) says it increased sales by 40% in the first half of this year.
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Toyota Motor Manufacturing, Texas (TMMTX) offically launched production of the Tacoma pickup truck with a ceremony at the San Antonio factory on Friday though output actually began last month.
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A rapid rise in the Japanese yen against other currencies has caused the country's auto industry lobby to ask the government for help.
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Toyota Australia on Monday said it would add the FJ Cruiser SUV to its range early next year.
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Indian car production rose 32% for the April-July period to reach 5.57m vehicles says the Society of Indian Automobile Manufacturers
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BMW AG, the world's largest luxury carmaker, said sales rose 9.1 percent in July, spurred by demand from China, the United States and the UK. Deliveries increased to 119,982 cars and SUVs last month, extending the year-to-date gain to 12.
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Engine improvements and more standard kit mark out 2011 model year crossover.
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New-car sales in India rose 38 percent in July, but face capacity constraints, a possible rise in interest rates and supply bottlenecks as the festive season draws near, when demand for vehicles peak.
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The Russian Ministry of Industry and Trade has proposed tightening the regulations surrounding the assembly of foreign cars in Russia in order to boost domestic production, the Kommersant business daily said on Monday.
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Ford is planning to win back its investment grade credit rating that it lost in 2005, the Wall Street Journal said, citing people familiar with the situation. Ford, the only U.S.
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Toyota officials in the United States have testified that they would have questioned company headquarters about its 2004 decision to recall vehicles for steering defects in Japan -- but not the United States -- if they had known then what they know...
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Mitsubishi must pay Italian contract manufacturer Pininfarina about 19 million euros as a result of a dispute between the two companies over production of the Japanese automaker's Colt CZC convertible.
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Volkswagen said Frank Tuch, Porsche's former top quality executive, will become its chief quality officer effective September 1.
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General Motors Co. is planning for the return of $4-plus gasoline by introducing small or compact cars for each of its brands -- even GMC.
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General Motors Co.'s remaining U.S. dealers are in the midst of the largest store makeover in the company's history, CEO Ed Whitacre said. Whitacre, speaking last week at the CAR Management Briefing Seminars in Traverse City, Mich.
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Hyundai Motor America may expand output at its Alabama assembly plant as it remains on track to exceed total U.S. vehicle sales of 500,000 for the first time, CEO John Krafcik said. That would be a gain of 15 percent from 435,064 sales in 2009.
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