Safety systems specialist TRW Automotive Holdings has posted a third-quarter net loss of US$54m or -$0.53 per share, compared with a net profit of $23m or $0.22 per share a year ago. Sales rose 2.8% to $3.6bn.
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BMW is temporarily closing some plants in Germany.
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The French prime minister has called on Europe to follow the lead of the US and put a package in place to help the continent's auto industry.
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Honda may delay the launch of its clean diesel cars in Japan and the US, a company official was quoted saying today.
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Penske Automotive Group Inc. said quarterly earnings fell 44 percent on declining U.S. new-vehicle sales and hurricane-related damage. Penske, which cut worldwide employment levels 4.
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Michelin has revised downwards its full year operating margin as difficult trading conditions in Europe and North America persist, despite successfully implementing what it called "unprecedented" price increases.
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Suzuki's Mondeo-rivalling family saloon is spotted on the road.
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A city car isn’t the only way Audi is expressing its eco-friendliness – it will also reveal this stunning concept at next month’s Los Angeles Motor Show.
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Disguise can’t hide low spoiler and bodykit on next hot hatch.
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Auto Express's team of journalists and photographers will be on site in Las Vegas at this year's SEMA Motor Show delivering live up-to-date coverage - in the meantime check here for all the latest news in the run up to this years spectacle.
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German giant planning new eco city car which blends stylish looks with great economy.
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Visteon Corporation on Thursday (30 October) announced a higher third quarter net loss of $188m, or $1.45 per share, on total sales of $2.11bn.
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The head of a leading European auto lobby group has predicted that the continent's vehicle market will see a further drop in sales in the fourth quarter.
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The head of a leading European auto lobby group has predicted that the continent's vehicle market will see a further drop in sales in the fourth quarter.
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Automotive retail and service company Asbury Automotive Group Inc. said today its earnings fell 68 percent amid a deep slump in the U.S. auto market and turmoil in the credit markets.
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US auto sales could be down by as much as 30% year on year in October 2008, according to a top Hyundai Motor executive.
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The head of Mazda said on Thursday he did not expect any change in the Japanese automaker's relationship with Ford Motor, amid reports that the struggling U.S. automaker would sell part of its controlling stake.
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Toyota Motor has denied reports that it had been approached by General Motors for help combating its current business problems.
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Auto parts maker Lear Corp. today posted a third-quarter loss due to sharply lower vehicle production in North America and Europe. The net loss came to $98.2 million on revenue of $3.
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Auto parts maker Lear Corp. today posted a third-quarter loss due to sharply lower vehicle production in North America and Europe. The net loss came to $98.2 million on revenue of $3.
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