Apr
26th
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Fiat Chrysler Automobiles lowered more debt in the first quarter of 2018 than expected, a media report said.
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Apr
26th
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Fixing a "challenging" launch of the new Ram 1500 pickup has cost FCA $300 million, but it didn't keep the automaker from posting a Q1 record adjusted earnings of $1.96 billion while cutting debt.
Apr
26th
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Fiat Chrysler said first-quarter operating profit rose 5 percent to 1.61 billion euros ($1.96 billion) with positive results in Europe and North America offsetting lower earnings in North America.
Apr
26th
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Fiat Chrysler said first-quarter operating profit rose 5 percent to 1.61 billion euros ($1.96 billion) with positive results in Europe and North America offsetting lower earnings in North America.
Apr
26th
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As a result of increased market demand for the GMC Acadia and Cadillac XT5 crossovers, General Motors has announced it will add a third production shift at its Spring Hill manufacturing plant. The third shift is expected to begin production in September 2018.
Apr
26th
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Ford is sharing more details on changes to its product portfolio.
Apr
26th
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Visteon has reported first-quarter net income up 3% to US$65m, with sales of US$814 compared to US$810m last year.
Apr
26th
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A US$0.9bn pre-tax charge related to GM Korea restructuring has reduced General Motors' first quarter 2018 operating income by 58.7% year on year to $1.1bn.
Apr
26th
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General Motors' net income and operating profit significantly fell in the first quarter due to planned downtime in its full-size pickup production, a restructuring in Korea and other costs. GM's earnings before interest and taxes declined 27 percent.
Apr
26th
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26 Apr, 2018
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26th
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13 Aug, 2018
Apr
26th
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GM's net income and operating profit fell sharply in the first quarter because of planned downtime of full-size pickup output, a restructuring in Korea and other costs. GM's earnings before interest and taxes declined 27 percent.
Apr
26th
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UK car production declined in March, down 13.3% year on year, according to the Society of Motor Manufacturers and Traders (SMMT).
Apr
26th
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Magna says the contract with the BMW Group 'is one of the first in the auto industry to include solid-state lidar for serial production.' The Canadian supplier developed the lidar with Innoviz.
Apr
26th
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Russia's automotive sector has emerged from the crisis of the past four years due to "serious support," which reached more than US$1bn alone last year from the government say Kremlin politicians as the country continues its slow recovery.
Apr
26th
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China is mulling proposals to cut import duties on passenger cars by about half, Bloomberg reported, citing people with direct knowledge of the matter, a move that's set to give a lift to luxury brands such as BMW and Lexus.
Apr
26th
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Porsche set one of the industry's most aggressive targets for selling plug-in hybrid and full-electric cars, predicting the vehicles will make up as many as half of its deliveries by 2025 in a sign the shift to electrified models is speeding up.
Apr
26th
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Porsche set one of the industry's most aggressive targets for selling plug-in hybrid and full-electric cars, predicting the vehicles will make up as many as half of its deliveries by 2025 in a sign the shift to electrified models is speeding up.
Apr
26th
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China is considering proposals to cut import duty on passenger cars by about half, sources said, in a move that would help German luxury automakers BMW, Mercedes and Porsche.