Auto News 5

Porsche says its classic two-door sportscars are starting to take off in China, with demand for the 718 Cayman and Boxster growing well.

BorgWarner has reported first-quarter net sales up 15.7% to US$2.8bn with operating income of US334m.

News 16 Apr, 2019

The Toyota C-HR EV has been revealed in Shanghai, but there are no plans to sell it in Europe

News 26 Apr, 2018

A China-only Toyota C-HR EV has been unveiled at the Beijing Motor Show, but there are no plans to bring it to Europe

Renault Mobility and IKEA France have signed a partnership to offer consumers a car rental solution 24 hours a day, 7 days a week, Renault says.

Seating and electrical supplier Lear has reported record results for the first quarter of 2018.

General Motors and South Korea agreed to inject $4.35 billion into the company's unprofitable local arm to keep it afloat after it came close to seeking bankruptcy protection.

Lear raised its outlook for sales and earnings for the year after reporting record first-quarter results. It was the first earnings report for the supplier under new CEO Ray Scott.

Fiat Chrysler Automobiles lowered more debt in the first quarter of 2018 than expected, a media report said.

News 26 Apr, 2018

Rising nitrogen dioxide levels prompt Welsh Government to reduce national speed limit on some roads to 50mph

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.

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.

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.

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.

Ford is sharing more details on changes to its product portfolio.

Visteon has reported first-quarter net income up 3% to US$65m, with sales of US$814 compared to US$810m last year.

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.

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.

Tips & advice 13 Aug, 2018

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