That came around again quickly - results season again is upon as, depending on whether automakers and parts suppliers work on calendar year or, commonly in Japan, India and, coincidentally, in our very own parent company Aroq's head office, fiscal year, first quarter or fourth quarter/full year financials spill out all over.
Features
1 May, 2017
Fancy a job as a professional driver? Our man gets a chauffeur masterclass in what’s involved
Guangzhou Automobile Group (GAC) said this week it had started construction of a new vehicle factory in an industrial park in Panyu district, in the southern city of Guangzhou.
Geely-owned Volvo Cars has reported an operating profit of SEK3.5 billion (USD318m) for the first three months of the year, up 11% year-on-year. It said the increase was mainly driven by strong demand for the XC60 and 90 series model ranges.
GM defied a slowdown in the U.S. market in posting its highest first-quarter profit since emerging from bankruptcy. The results were aided by a buildup in inventory, which portends a rougher financial performance later this year.
Renault has reported that its group revenues surged by 25.2% to EUR13,129m in the first quarter, boosted by the contribution of AvtoVAZ and higher global vehicle sales across its brands and through JVs across the world.
BorgWarner has reported net sales of USD2,407m in the first quarter, up 6.1% on last year.
Mazda's operating profit tumbled 56 percent in the latest quarter, as a deteriorating sales mix, foreign exchange rate losses and recall costs undermined results.
Grammer warned that the influence of a Bosnian investor has led to a decline in orders and could pose a risk to the company's viability.
PSA fired three of its top managers in Germany after a sales campaign led to thousands of Peugeot 208 cars being sold at more than 40 percent off their list price, according to a report.
News
1 May, 2017
The Porsche Cayenne is now a world record holder after pulling a 285-tonne Airbus A30 over a distance of 42 metres
Volkswagen has shown a new coasting function for internal combustion engines, which shuts off the engine completely, at the Vienna Motor Symposium.
Mazda Motor plans to launch the CX-8 crossover SUV in Japan.
Opinion
30 Apr, 2017
Mike Rutherford is in the US and finds that sales of Koenigsegg, Spyker and Rimac cars are booming as customers try to stand out
Hyundai Mobis says it has succeeded in developing the core technologies for 48V mild hybrids.
Denso Corporation and Toshiba Corporation have announced that the two companies have begun talks to enhance collaborations in the fields of Internet of Things (IoT)-based manufacturing, advanced driver assistance, automated driving, and others.
Denso Corporation and electronics and ceramics company Ibiden have formed a capital and business alliance to jointly develop 'the next-generation vehicle exhaust system'.
The 70% year on year growth in exports from Brazilian auto plants in the first quarter of 2017 delighted the automakers and has prompted something of a rush to get more cars out to foreign markets amidst only a slight domestic recovery so far. Toyota and GM have just confirmed they're doing just that.
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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