London black taxi firm Manganese Bronze said it was still in placing talks with China's Geely Automobile and was unlikely to make a profit in the second half.
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Honda posted its best quarterly operating profit in nearly three years today on brisk sales in the United States, China and other Asian markets. The automaker also raised its forecasts despite a sharp rise in the yen.
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Honda posted its best quarterly operating profit in nearly 3 years today on brisk sales in the U.S., China and other Asian markets. The automaker also raised its forecasts despite a sharp rise in the yen.
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Renault posted a first-half profit that beat estimates as the global economic recovery boosted demand for autos. Net income was 780 million euros ($1.02 billion), compared with a 2.
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Renault said it was sticking to its target of generating free cash flow in full-year 2010 after swinging back to first-half profit.The group achieved positive free cash flow of 1.42 billion euros ($1.
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Denso Corp., the world's largest car parts supplier, raised its full-year profit forecast to above market expectations after swinging back to profit in the latest quarter due to a rebound in global auto production.
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New-car sales in Spain plunged nearly 50 percent in July, carmakers association ANFAC said, as government subsidies ended and value-added tax (VAT) was raised on July 1.
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Lithia derives almost 30 percent of its sales from Chrysler Group brands but doesn't plan to seek much Fiat business as the Italian automaker prepares to reenter the U.S.market.
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New-car sales in Spain plunged nearly 50 percent in July, carmakers association ANFAC said, as government subsidies ended and value-added tax (VAT) was raised on July 1.
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VW will keep adding to its more than $20 billion cash pile as it prepares for an acquisition spree that could help it overtake Toyota as the world's No. 1 carmaker by 2018.
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Kia's quarterly net profit rose 61 percent, beating estimates as the No. 2 automaker in South Korea enjoyed brisk sales of newly launched models. Kia, an affiliate of the country's top carmaker, Hyundai Motor Co., announced a 557.8 billion won ($470.
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About 400 workers at Ford's engine plant in Windsor, Ontario, will lose their jobs as Ford completes a planned move to a single shift. Ford made the announcement a day after General Motors shuttered its transmission plant in the city.
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Finland's Jari-Matti Latvala (Ford Focus) will start the final day of Rally of Finland with a 9.1-second advantage over Petter Solberg (Citroen) following a dramatic start to the event.
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Now that the purchase of Saab has been completed between GM and Spyker Cars, the Sweden-based brand can now aspire to rekindle with its loyal customer base.
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Blainville, Quebec - A 1929 J Dual Cowl Duesenberg won the Grand Prize at the 2010 edition of the Mirage Concours d'Élégance. In addition, the event's organizers confirmed that the Concours raised $140,000 for the Fondation André-Delambre, which supports research into amyotrophic lateral sclerosis (ALS).
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The popular Nissan Rogue has been redesigned and gets an upgraded look inside and outside. Model names and options are also revised, keeping Rogue fresh and exciting for its active lifestyle buyers. Now offered in three trim levels: S, SV and SL (in All-Wheel Drive only).
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Since launched, the Kia Sportage has been one of those machines with a built-in connection to the average Canadian shopper. Typical vehicle-buying Canucks are concerned with things like ruggedness, flexibility and a good overall deal--and Sportage has been delivering on these fronts for its last two terms of duty.
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German driver Sebastian Vettel of the Red Bull Racing team has dominated the two free practice sessions held on the Hungaroring in preparation for the Grand Prix of Hungary.
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Seventeen driver/car combinations were on the Mid-Ohio Sports Car Course July 29 to prepare for the Aug. 6-8 Honda Indy 200 at Mid-Ohio presented by Westfield Insurance.
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July is not yet quite over and already the air waves are plastered with adds about "back to school". Believe us when we say that when we finally graduated, that "Back to school" would no longer have any real meaning to us.
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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
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